Highway & Monitor: Auto News, Evaluations, And Automobile CultureAutomotive News

To new EV makers with much less capital to spare than the major automakers, Magna Steyr is pitching itself as a one-stop shop for engineering and manufacturing. In that technique, aspiring EV entrants and smaller-volume manufacturers may rely on Magna to help get their autos to market sooner, without needing huge amounts of capital to build these inside capabilities. In this quarter’s Finance and Insurance particular section, we look at trends dealership sales and F&I departments might see at present or leverage in years to come back. Electric vehicles made up 7.2 p.c of second-quarter U.S. registrations, forward of the 5 p.c “inflection point” Chase Auto CEO Peter Muriungi said could signal EVs reaching 25 percent of the market inside simply two or three years. The driver passed two cars at a railway crossing near Sedlec, Czech Republic, and now faces a nice and driving ban for up to a 12 months.


After the Hellcat mannequin that tops the lineup, the vehicle provides a 475-hp SRT trim together with the R/T and Citadel trims that get 360 hp from the 5.7-liter Hemi V-8. The Singapore-based automaker says its second EV launch will be the VF 9 crossover in early 2023. The midsize, three-row VF 9 will observe the two-row VF 8, which VinFast expected to ship to its first U.S. prospects by the top of 2022. It’s an enormous year for Toyota’s U.S. lineup, with the addition of a larger, more luxurious three-row crossover, the Grand Highlander. It will debut on the eve of the Chicago Auto Show with an advanced suite of driver assistance and safety methods, as nicely as a much larger third row than the present Highlander.

Honda Motor said on Tuesday it has revived plans to expand manufacturing in China, starting work on a brand new plant this 12 months that may begin operating in 2019. China’s largest on-line car-hailing platform Didi Chuxing announced on Wednesday that it had signed a strategic partnership agreement with journey web site TripAdvisor , to gear up its expansion in journey choices. Dodge is phasing out its high-powered Hellcat line however has decided to proceed producing the Durango version into the 2024 mannequin 12 months.

There he posed with workers from the company’s Munich-based design studio — and informed Automotive News Europe the corporate is targeting European sales within two years. The VW ID GTI idea, a full-electric hot hatch that references earlier GTI fashions. Mercedes built the Concept CLA Class its personal two-story, windowless showroom in the heart of Munich, the place the vibe was more style show than auto show. A light show from the automotive itself showed off extensive use of LEDs on the grille, roof and throughout the cabin, which has “spa-like class,” in accordance with the automaker. New fashions and concepts from Mercedes, BMW and VW have been the top debuts on the show, whereas Chinese brands BYD and Avatr also made a splash. The cells will use a nickel-based chemistry with lowered cobalt content and can cut back CO2 output in the manufacturing stage by 60 percent, BMW mentioned.

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‘the Munich Motor Present Gave Us A Have A Look At How Models Are Evolving For The Electric Age’

Coverage contains strategies, methods and examples of companies discovering new methods to achieve clients and drive sales. Auto present and can put the automobile on sale in U.S. dealerships in the first half of the yr with improved fuel economic system and tremendously overhauled exterior styling. Also on tap for 2023 is a freshening of Toyota’s top-seller, the RAV4 compact crossover. Growing tensions between franchised dealers and legacy automakers over evolving gross sales models and vehicle service work are emerging as key issues in statehouses across the us this yr.

VW’s electric compact hatch is about to spawn a new performance vary topper. Video reveals Lewis Hamilton and George Russell driving an assortment of AMG automobiles. Northern Ireland vendor Pat Kirk is refubishing its Nissan dealership in Omagh to the tune of £400,000.

Ford is freshening the Escape crossover — which is out there in both gasoline-powered and hybrid configurations — with a brand new exterior design and interior expertise upgrades. It is expected to reveal midcycle updates for the F-150 and Explorer later within the yr. It might be assembled at BMW’s factory in South Carolina, with deliveries beginning early subsequent year. The XM introduces BMW’s newly developed M Hybrid drive system that packages high-octane energy in a light carbon footprint. Among major brands, Chevrolet — one of the huge sales winners of 2022 by way of the third quarter — and Toyota have ambitious launch schedules deliberate, while Ford — one other gainer this year — and Honda have a minimum of two main launches on deck.

Before 2020, “in the U.S. market, it was sort of let the market figure it out and determine, and develop electrical products and see how it goes,” stated Stephanie Brinley, an automotive analyst at S&P Global Mobility. “We’ve clearly shifted to an area the place authorities coverage is much more supportive of pushing the transition to electrical autos, and that means there’s money to be made.” Del Grande Dealer Group, of San Jose, Calif., grew in its residence territory over the past 18 months by including dealerships promoting Audi, Genesis and Honda brands, CEO Jeremy Beaver informed Automotive News. The group’s retail new-vehicle gross sales grew 6 percent to 13,853 in 2022, and it rose 18 spots on the listing to No. 60. Meanwhile, the EV dealers whose vehicles do qualify for the new-EV buyer credit score have a powerful tool of their arsenal — the prospect of up to $7,500 in tax savings the vehicle buy would ship to a certified buyer.

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