Category: Automotive
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Chinese EV Makers Target Europe Growing Market
Chinese EV (electric vehicle) manufacturers are setting their sights on Europe’s rapidly growing EV market. Sales in Europe have surged by 55% in the first seven months of 2023, with approximately 820,000 EVs sold, constituting 13% of total car sales. Chinese companies, including BYD, Nio, and Xpeng, are expanding their presence in Europe, with Xpeng…
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BYD’s Call to Unite for Global Auto Success
China’s top automaker, BYD, has issued a patriotic rallying cry for the Chinese auto industry to unite and overcome global market challenges. Founder and chairman Wang Chuanfu emphasized the emotional significance for the Chinese people to witness a Chinese brand achieving global success. This call, which comes from Tesla’s main competitor in the global electric…
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US Lawmakers Push for Stricter Emissions Limits
A bipartisan group of 95 lawmakers in the United States, consisting of Democratic senators and House members, is putting pressure on the Biden administration to implement more stringent emissions limits than what was proposed by the Environmental Protection Agency (EPA) back in April. These legislators are urging the EPA to finalize tailpipe emissions regulations that…
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US Transportation Secretary Criticizes Tesla Autopilot System
Transportation Secretary Pete Buttigieg has raised concerns about Tesla’s marketing of its partially automated driving system, Autopilot. The National Highway Traffic Safety Administration (NHTSA), which falls under Buttigieg’s department, is currently investigating a series of crashes involving Tesla vehicles operating on Autopilot, resulting in at least 14 fatalities. The NHTSA has dispatched investigative teams to…
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Mercedes-Benz Reports Strong Q1 2023 Sales
Mercedes-Benz Cars, a division of the German automaker Mercedes-Benz Group AG, has reported a successful Q1 2023, with sales reaching 503,500 units, up 3% compared to the same period in the previous year. Despite ongoing supply chain disruptions, economic headwinds, and geopolitical uncertainty, the company managed to achieve solid sales figures. Top-End and Battery Electric…
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Kia America Unveils 2024 Seltos with Enhanced Features
Kia America has recently announced the pricing for the updated 2024 Seltos, which promises drivers with an array of new and improved features. The entry-level SUV is available for both on and off-road adventures and starts at an MSRP of $24,390, excluding the $1,325 destination fee. Exterior Refinements Kia has redesigned the 2024 Seltos, offering…
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Volkswagen unveils new all-electric ID.7
Volkswagen has announced the world premiere of its latest all-electric ID.7 model, designed for long-distance driving and set to launch in Europe by the end of 2023. The ID.7 is expected to enhance the upper mid-size class in Europe, China, and North America, and is a crucial milestone for Volkswagen as it seeks to increase…
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Ram Truck Unveils First All-Electric Light-Duty Pickup Truck
Ram Truck, a division of Stellantis, has made a groundbreaking announcement as it unveils its first all-electric light-duty pickup truck, the 2025 Ram 1500 REV. The new truck marks a major shift towards the electrification of the automotive industry and positions Ram Truck as a leader in the transition towards a sustainable future. The Ram…
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BMW i Ventures to Innovative Dual-Rotor Motor for EVs
BMW i Ventures, the venture capital arm of the BMW Group, has co-led a $16.1 million Series A funding round in DeepDrive, a startup that has developed a cost-efficient dual-rotor motor for electric vehicles (EVs). The investment will be used to start manufacturing the motors and respond to the high demand from original equipment manufacturers…
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Data Analytics Tools and Techniques for Car Dealerships
In today’s increasingly data-driven world, dealership managers need to be able to use information from across the business to make smarter decisions. To do that, data must be organized and consolidated into a centralized dashboard that can be easily understood and used by all employees. The right data analytics tools will help you to improve…