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While electricvehicles (EVs) continued to appeal to Canadian car shoppers in 2024, widespread adoption remains low, according to data from AutoTrader. The data revealed that search interest in EVs grew by nine per cent this year, yet still represents just eight per cent of total vehicle searches on the platform.
The future of fuel cell electricvehicles remains uncertain as the automotive industry continues to evolve, a new report highlighted. While battery electricvehicles (BEVs) have seen significant growth in model availability, sales, and charging infrastructure, FCEVs have struggled to keep pace.
The latest issue of CARS magazine is here and it features the annual Executive Outlook , featuring 10 leading experts in the mechanical repair sector sharing their thoughts on how the industry can navigate the uncertain time ahead. The post Planning for the uncertainty ahead in CARS magazine appeared first on Auto Service World.
Imagine a “green” car. Most likely, it’s a sleek electricvehicle (EV) silently gliding down the road, leaving no fumes or emissions in its wake. Automotive school has seen over 50 EV models now available in the US, so the electric revolution seems unstoppable. What pops into your mind?
A new report highlighted just how much cheaper electricvehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its ElectricVehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.
In its 10th year, the survey highlights trends in hybrid and electricvehicle (EV) ownership, perceptions of car technology, vehicle maintenance, and driving behavior. Hankook Tire has been monitoring American driving behaviors since 2014 through the Hankook Tire Gauge Index.
iSeeCars is seeing something it hasnt seen in more than two years: rising used-car prices. The automotive search engine and research website said its latest study showed the average used-vehicle listing price in March was up 1% from March 2024, the first year-over-year increase since October 2022.
million new passenger cars were sold last year. This marks an increase of almost seven million units from 2022 — a 10% increase. While the annual volume for this region increased by 6% when compared to 2022, both the USA-Canada and Japan-Korea saw an increase of 12%. Every region, except Africa, saw demand for new cars increase.
Hes the very definition of a lifer Kuczynski is a car enthusiast whose journey in the auto care industry is a testament to his enduring passion for cars and his commitment to excellence. “ Career path Kuczynskis interest in cars and vehicle repair started at a young age. Ive always liked cars.
Electricvehicles 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 electricvehicle (EV) as their next car. adults report being very likely or likely to purchase a fully electricvehicle (EV) as their next car.
All Rights Reserved Cargo Ship Carrying EVs Is Still On Fire Off Alaskan Coast A Week Later Latest News Reviews Brands Car Types Buying Culture Tech Beyond Cars Racing QOTD Features Newsletter Advertise News Cargo Ship Carrying EVs Is Still On Fire Off Alaskan Coast A Week Later By Ryan Erik King June 10, 2025 2:07 pm EST U.S.
Volvo Cars announced it will end production of all diesel-powered models by early 2024 during Climate Week NYC, as part of its ambition to become a climate-neutral company by 2040. In November 2022, Volvo sold its remaining combustion engine assets through a joint venture called Aurobay.
vehicle buyers chose to go electric last year, according to the latest data from Kelley Blue Book, a Cox Automotive company. Electricvehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% vehicle market in 2023, up from 5.9% of all new cars sold. of all new cars sold.
vehicle buyers chose to go electric last year, according to the latest data from Kelley Blue Book, a Cox Automotive company. Electricvehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% vehicle market in 2023, up from 5.9% of all new cars sold. of all new cars sold.
Three-year-old cars have become less reliable than at any time in more than 15 years, according to the latest data from J.D. Power said the rise in problems was not a surprise, as the companys 2022 Initial Quality Study found problems early in the ownership period of 2022 model-year vehicles hit a record high.
When tax season arrives, dealers know customers are coming — and they need cars to sell them. Not surprisingly, then, the monthly Cars Commerce Industry Insights Report for March showed a big surge in inventory. At the same time, used-car prices plummeted 5.1% Cars under $10,000 were up 19.1%. That was also 4.7%
The company will be exhibiting a vast portfolio with coverage is available for the latest and mainstream models around the world including Passenger Cars, SUVs, Pickups, Light Trucks, Commercial and Heavy-duty Vehicles.
million sold vehicles. In 2021 alone, sales surged by 107% year-over-year, followed by a 55% growth in 2022. Revenue in the electricvehicle market will also skyrocket in this period. million electricvehicles this year, or 10% of global sales. million to 10.64 This figure will jump to 8.7
million sold vehicles. In 2021 alone, sales surged by 107% year-over-year, followed by a 55% growth in 2022. Revenue in the electricvehicle market will also skyrocket in this period. million electricvehicles this year, or 10% of global sales. million to 10.64 This figure will jump to 8.7
Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. from last year, while cars in the $10,000-$19,000 range, averaging 7.3 from August 2022.
After taking a significant drop during the pandemic and associated supply issues, the percentage of car buyers purchasing a new vehicle from the same brand they currently own rose for the second consecutive year in 2024, according to the LexisNexis Risk Solutions Automotive Brand Loyalty Study. Brand loyalty came in at 52.6%
Cox Automotive ‘s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This is a notable increase from the 61% reported in the 2022 study.
Designed for towable trailers, recreational trailers, motorhomes, and passenger cars without factory-installed TPMS, the kit features Bluetooth Low Energy (BLE) technology, the company said. The app setup process includes a QR code feature for transfer of vehicle setup from the installer to the driver and between drivers.
The report showed the estimated cost of automotive cyberattacks rising drastically just in the past three years, from about $1 billion in 2022 to $22.5 Those issues can allow criminals to steal data or the vehicles themselves. billion in 2024. Last years losses included $20 billion in data leakage, $1.9
” Market Outlook Reaches Highest Score Since 2022 The market outlook index improved in Q1, rising for the second consecutive quarter to 58, its highest score since 2022. The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers. Dealer Sentiment on U.S.
In its 10th year, the survey highlights trends in hybrid and electricvehicle (EV) ownership, perceptions of car technology, vehicle maintenance, and driving behavior. Hankook Tire has been monitoring American driving behaviors since 2014 through the Hankook Tire Gauge Index.
Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. But the price drops for used electricvehicles (and to a lesser extent, hybrids) have been far more extensive, approaching 34%, the iSeeCars data shows. Again, overall used-car prices fell just 5.1%
This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said. “A It’s evident from sales data and statements by Original Equipment Manufacturers (OEMs) that the EV market is slowing down and failing to meet its targets,” Dylan Khoo, an electricvehicles industry analyst, said.
This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said. “A It’s evident from sales data and statements by Original Equipment Manufacturers (OEMs) that the EV market is slowing down and failing to meet its targets,” Dylan Khoo, an electricvehicles industry analyst, said.
A common hesitancy consumers might have about buying alternative-fuel vehicles (even used ones) is that the cost is too high. And that assumption isn’t entirely wrong — it might be fair on some models, particularly electrics. In fact, used hybrids may be a better deal than gas vehicles in terms of average overall cost-effectiveness.
New vehicle prices in December climbed higher for the fourth consecutive month and were close to the all-time high marked in December 2022. New vehicle ATPs were $49,740 last month, an increase of 1.3% year over year and higher by 1.5% compared to November 2024. year over year to $65,667.
Electricvehicles need tires tailored to specific EV demands. Hankook’s first EV tires were introduced to the US market at the end of 2022 – the Hankook iON evo AS and iON evo AS SUV. All vehicles that participate in the Formula E competition are equipped with Hankook Tire brand tires while racing.
Affordability and availability of used electricvehicles is improving, and in some cases, so are sales. Over 4% of Carvana’s sales in the first quarter were battery-electricvehicles, more than doubling their share of sales from Q1 2023, according to a study released Wednesday by the online used-car retailer.
Toyota will invest an additional $8 billion in its first North American electricvehicle battery manufacturing facility, announced the Economic Development Partnership of North Carolina, adding another 3,000 jobs. billion investment in 2021, with expansions in 2022 and 2023. Now valued at $13.9 billion.
Electricvehicles need tires tailored to specific EV demands. Hankook’s first EV tires were introduced to the US market at the end of 2022 – the Hankook iON evo AS and iON evo AS SUV. All vehicles that participate in the Formula E competition are equipped with Hankook Tire brand tires while racing.
The number of battery-electricvehicles sold at auction through April is nearly double the amount sold in the first four months of 2023, and prices for EVs have declined at a faster rate than the overall market. That’s according to respective wholesale car market analyses by the National Auto Auction Association and Cox Automotive.
Compared to 2022, Infiniti actually had a pretty good year last year, at least in terms of sales. A year-over-year increase of nearly 40 percent sounds incredible until you realize it only sold about 65,000 vehicles. For comparison, Acura moved more than 145,000 units in 2023. Apparently, a dated, uncompetitive lineup … Read more.
Revealed with much pomp in November 2022 at the LA Auto Show, the 500e for the US market is coming to a dealership near you in the first quarter of 2024. Although the final specs will be published on December 4, the folks at Cars Direct have seen the order guide, which reads $32,500 sans freight.
Electricvehicles have been the hottest topic in the automotive industry for years now. Those large gaps show up in three areas consumers say are critical EV purchase considerations: price, brand trust, vehicle body type and driving range. of new vehicle market share in 2023, up from 5.2%
Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in May compared to April , according to the Manheim Used Vehicle Value Index (MUVVI). Mid-size sedans decreased 1.6%, trucks were down 1.9%, and compact cars declined 2.3%. SUVs came in second, with a 5.2%
Tesla was a repeat winner in four categories — overall make, highest conquest percentage, alternative powertrain loyalty to make and ethnic market loyalty to make — thanks to the popularity of the Model 3 and Model Y among current owners and the brand’s ability to attract ICE customers to the electricvehicle space.
The company will be exhibiting a vast portfolio with coverage available for the latest and mainstream models around the world, including passenger cars, SUVs, pickups, light trucks, commercial and heavy-duty vehicles.
We found out wh y Toyota’s twin-turbo V6s have been grenadeing themselves in 2022-2023 Tundras and Lexus LXs earlier this month, but there’s still no real fix for the issue. Now it seems car dealers are staying away from the once bullet-proof trucks. Read more.
1 electricvehicle choice among Carvana’s customers in 2023. Just like in 2022 and 2021. The Model 3 continued its dominance over the sector in the online used-car retailer’s annual list of its 10 best-selling EVs. Carvana said it sold 57 makes and models of EVs last year, 29% more than in 2022. “We
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