Driving’s Canadian Car News section is a great resource for anybody interested in cars or who simply needs to remain present on the most recent car news. U.S. inventory levels began a pointy, sustained decline in late March 2021, together with vehicles nonetheless in transit from the manufacturing unit, based on Cox Automotive. By that August, consumers had largely picked dealership tons clear, with inventory levels falling beneath 1 million.
DETROIT — The government’s highway safety company says it plans a major replace to its vehicle crash test rankings subsequent yr, and it’ll take a look at including new expertise to make roads safer. SACRAMENTO, Calif. — California has recovered more than $23 million from settlements with 52 vehicle elements manufacturers for illegal bid rigging that jacked up consumer costs, state Attorney General Xavier Becerra said Wednesday. ROME — Union leaders denounced Saturday safety situations at an automotive plant operated by Fiat Chrysler Automobiles and PSA Group following the demise of a upkeep employee. NEW DELHI — Hundreds of delegates and visitors from China didn’t attend India’s greatest auto present on Wednesday as countries scramble to halt the spread of a viral outbreak that has killed hundreds and contaminated more than 24,500 people globally. BILLINGS, Mont. — The owner of an eastern Montana restaurant pleaded guilty Tuesday to spending $75,000 from a federal COVID-19 relief mortgage to purchase vintage automobiles somewhat than using it as working capital for his business, the U.S.
Dealership buy-sell exercise reached what is extensively thought to be a excessive level in 2021, and the outcomes of the numerous megadeals struck that yr were fully in effect in 2022. Several dealership group leaders who spoke with Automotive News credited acquisitions with boosting their 2022 gross sales volumes, and thus their listing rankings. Keating Auto, of Victoria, Texas, purchased seven dealerships in late 2021, all in Texas, and Ben Keating, the group’s owner, credited those purchases, which included three high-volume Hyundai stores, as a big purpose for the corporate’s progress final 12 months. “It becomes a declining share of Magna’s complete sales,” Narayan stated.
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“By doubling the voltage and having the same current, you get two occasions the vitality into a car,” Reich stated. The Hyundai Ioniq 5, above, Kia EV6 and Porsche Taycan, under, use 800-volt electrical methods, not like most EVs, which use 400-volt technology. Brought shopper electronics expertise on materials planning to AV business. Leaving a virtually 20-year profession with the federal authorities for a role with Mazda, which allowed her to impact greater changes in vehicle safety. Accelerating the rollout of the Super Cruise hands-free driving-assist technology and enhancing its features. Showing Toyota Financial Services how knowledge, chances and analytics might dramatically improve its efficiency.
In the United States, the Ford Mustang Mach-E Rally is estimated to start from round US$65,000 , and will turn out to be obtainable to buy from early next 12 months with deliveries to follow shortly thereafter. This attracts from a 19 kWh lithium-ion battery pack, which Ford says targets an EPA-estimated range of 250 miles . With a DC quick charger, the Mustang Mach-E Rally is estimated to take a 10-80% recharge in 36.5 minutes, although Ford did not provide a charging enter determine for this measure. The fourth-generation Mazda 3 is about to receive an replace in Malaysia, with local sellers already starting to advertise on social media. The C-segment model comes absolutely imported from Japan, and the adjustments appear to be according to a product improvement introduced by Mazda again in April this yr. Data from the ASEAN Automotive Federation revealed that within the first half of 2023, Indonesia was the chief by means of gross sales with 505,985 units (up 6.5% YoY), followed by Thailand with 406,131 models (down 5% YoY) and Malaysia with 366,037 models (up 10.3%).
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“The U.S. is an enormous market, and it will need some corporations like us to provide new electrical vehicles.” Citing multiple sources throughout the Thailand automotive trade, the news outlet says Kia is at present in talks with the local authorities on the brand new manufacturing unit, with an funding deal anticipated to be signed later this year. If constructed, the Kia facility in Thailand can be the South Korean carmaker’s first enterprise into building a brand new overseas plant in years after the completion of its factory in India in 2018. Porsche prospects in Malaysia may place their orders for the 2024 Cayenne – among different Porsche fashions – via the brand’s digital platform, and for the first 250 Cayenne orders, matching painted car keys will be offered with the brand new vehicles. Mansouri on March four offered Fairfax Kia, also in Virginia, to Ourisman Automotive Group.
In New Jersey, a bill launched final 12 months would prohibit automakers and dealers from charging subscription or post-purchase charges to activate sure security and comfort features already installed on the car on the time of sale. “That will take an enormous quantity of revenue away from every dealership going forward and continuing every year,” Bellavia stated. “I assume it’s even a greater threat than the EV mannequin that sellers are being faced with because that’s a slow process and market share might be very gradual over an extended period of time, whereas the subscription model is an instantaneous and imminent threat.”
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According to Auto Trader the hub will provide retailers with the most recent EV related … The automotive business is presently at a historic second – we now have not dealt with such an enormous change as the transition from the manufacturing of inner combustion automobiles to electrical or hydrogen cars for over a century. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a worldwide team of reporters and editors covering the news that’s vital to your corporation. Flow, who is beginning his third year as chairman of the Audi National Dealer Council, said Audi dealerships and the brand have used this period to search out the optimal stability for collective profitability. “In the premium segment, if you produce the best automobiles, we’ve learned that somewhere between 20 to 30 days’ supply of vehicles is all we actually need to maintain up market share,” Flow mentioned. “And when Audi had that day provide, it was at its most market share, and the dealer had their maximum profitability as well.”
Automakers have mentioned they’re exploring the risk of unlocking further income — potentially in the tens of billions of dollars — in the form of sure in-vehicle subscriptions or software program. Dealers, nonetheless, argue the apply could cut them out of auto sales revenue. In Florida, as an example, pending legislation would give a motor vehicle supplier affiliation standing to request that the state Department of Highway Safety and Motor Vehicles evaluate an automaker’s practices to find out whether they violate franchise law. “Dealers do not promote cars the identical way they sold them 25 years in the past before the Internet. They’re not going to sell them the identical method they sell them now 25 years from now,” Maas mentioned. “What we want to make sure is that sellers stay central as part of the retail expertise for customers because the franchise model is the most effective retail mannequin.”
The new model presents a crossover’s greater driving position but in a low-to-the-ground package deal designed to maximise aerodynamics. A battery-powered, U.S.-made model of the Sprinter van will arrive in the second half of 2023. The eSprinter might be built on the EVA2 platform and be obtainable in two wheelbases.