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The ‘horror story’ of the used vehicle market

Auto Service World

The used vehicle market is facing significant supply challenges and a course correction isnt expected for many years to come. Daniel Ross, senior manager of industry insights and residual value strategy at Canadian Black Book described the current state of the used vehicle market as a “horror story.”

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Automotive Aftermarket Forecast 2025 Now Available

Tomorrow's Technician

The Auto Care Association and MEMA Aftermarket Suppliers released the 2025 Joint Channel Market Size and Forecast 2025-2028. aftermarket and forecasts industry growth through 2028. The Auto Care Association and MEMA Aftermarket Suppliers expect growth to exceed pre-pandemic rates and continue through 2028.

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What’s going to stall auto sales the rest of the year

Auto Service World

trade policies, with new tariffs expected to drag down vehicle sales and disrupt production across the continent. administration’s sweeping 25 per cent tariffs on imported vehicles and parts are already reshaping the automotive landscape. vehicle sales and a sharper 7.5 TD forecasts a 4.0 per cent decline in U.S. In the U.S.,

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Industry poised for high growth rates

Auto Service World

light-duty aftermarket will grow, with expectations to surpass $500 billion by 2028. Consumers will spend $435 billion to repair and maintain their vehicles this year, and future years will surpass pre-pandemic growth rates in dollar terms.” Sales at recreational and used motor vehicle parts and dealers was a small 0.1

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Is the future of FCEVs boom or bust?

Auto Service World

The future of fuel cell electric vehicles remains uncertain as the automotive industry continues to evolve, a new report highlighted. While battery electric vehicles (BEVs) have seen significant growth in model availability, sales, and charging infrastructure, FCEVs have struggled to keep pace. appeared first on Auto Service World.

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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

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2028 Alpine A310 Electric 2+2 GT Makes Spy Photo Debut, Features All-New Platform

autoevolution

Alpine's next-generation electric vehicle lineup will include a zero-emission revival of the A310. The carparazzi have recently spotted a chassis testing mule of the 2+2 tourer, which is expected to launch sometime in 2028. The A310 test mule is obviously equipped with body panels from the Ligier JS2 R grand touring racecar.