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Shuttering green EV program leaves some reeing red

Auto Service World

. “The end of the iZEV purchase incentive program while maintaining electric vehicle mandates will be a disaster for consumers, dealers, manufacturers and the Canadian economy,” the groups stated in the announcement. per cent in 2019 to 11.7 per cent in 2023 , according to the federal government.

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AAA survey shows sagging interest in EVs

Auto Remarketing

Electric vehicles appear to be losing some juice with consumers, if AAA research is taken at face value. adults report being very likely or likely to purchase a fully electric vehicle (EV) as their next car. According to a news release from AAA, thats the lowest percentage recorded of EV interest since 2019.

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How End-of-Year-Sales May Impact Auto Finance Digital Transformation Strategies

AutoSuccess

The latest auto finance digital transformation index data illustrates where the industry stands in this operational journey. Electric Vehicle Sales More shoppers are choosing electric vehicles so far this year than ever, according to vehicle sales data from Cox Automotive. Cox Automotive also estimates 35.7 million in 2022.

Finance 52
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You Can Buy A Rivian Van Now Because Amazon Flaked On Their Contract

Jalopnik

From 2019 to 2023 the van was exclusively available for Amazon drivers , as the e-commerce Goliath commissioned the Illinois-based electric truck manufacturer to build 100,000 of these van s and paid handsomely for Read more. Anyone who owns a business and needs a delivery van has a newly available option today in the Rivian Van.

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If You Bought A Tesla One Year Ago It Has Lost As Much As $40,000 In Value

Jalopnik

Elon Musk said that in 2019 , and like many of his bold vision statements, has continually been proven wrong every minute of… Read more. “Buying a car today is an investment into the future. I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.”

IT 72
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Americans Are Driving Less, But Buying More Cars

Jalopnik

But while the amount Americans drive has yet to reach the heights of 2019 — the… Read more. All those hours that would’ve been spent commuting, stuck in traffic, were now spent at home nurturing sourdough starter.

Car 59
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Thinking About Moving to a New Location? JAR AUTOMOTIVE Owner, Jeff Reitz, Recently Did Just That.

DRIVE

We explored several options in 2018 and 2019 including trying to find a way to build on our current location or purchase an empty lot across the street for parking, but knew we needed to pay things down before it was feasible. What was your plan to finance the move? just to tear them back apart later. Have a thorough, detailed plan.