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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.”

Vehicle 130
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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.

Finance 130
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PHEVs shine but for how much longer?

Auto Service World

Last year was a challenging time for the electric car market, but plug-in hybrid electric vehicles (PHEVs) are experiencing significant growth, according to a new report. According to Mika Takahashi, a technology analyst at IDTechEx, the electric vehicle market faced numerous obstacles in 2024, particularly in Europe.

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Beontag, Michelin partner on integrating RFID-enabled tires to vehicles

Tire Review Magazine

Beontag has partnered with Michelin to integrate RFID-enabled tires into commercial and passenger vehicles over the next two years. That includes manufacturing, distribution, installation, and recycling. The post Beontag, Michelin partner on integrating RFID-enabled tires to vehicles appeared first on Tire Review Magazine.

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U.S. House Passes U.S. Senate Version of the “One Big Beautiful Bill”

AutoInc.

This provision could benefit many repair shops that will have to spend significantly on new equipment, tools, machinery, and other costly investments to order to adapt to new vehicle technologies. Current incentives for electric vehicle (EV) purchases and production have led to a sudden surge in EVs on the road.

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U.S. Senate Passes Major Tax and Spending Bill with Provisions Beneficial to Many Small Businesses

AutoInc.

Many repair shops will have to spend significantly on new equipment, tools, machinery, and other costly investments to order to adapt to new vehicle technologies. Only new vehicles would qualify, and those vehicles must be assembled in the U.S. It would also eliminate approximately 50 percent of EV manufacturing incentives.