Price growth is slowing. The average listing price for a used vehicle was $28,237 at the end of September, up from the revised $28,064 at the end of August. That price is only $1,686, or 6%, ahead of a year ago. Graphic: Cox Automotive Used-vehicle inventory and asking prices are stabilizing while used supply held… Continue reading Used-Vehicle Market Stabilizes Supply, Prices
Category: Automotive
Sixt Opens in Nashville Airport
Nashville is one of the fastest-growing cities in the U.S. In June 2022, its airport saw 1.83 million total passengers. Photo: Sixt Sixt, a global mobility provider, announced on Oct. 12 the continued growth of its U.S. network with the opening of a new location at Nashville International Airport (BNA), with operations beginning immediately. The company’s… Continue reading Sixt Opens in Nashville Airport
Fire breaks out in auto parts manufacturing unit in Gurugram
The fire broke out around 4.30 am. Gurugram: A major fire broke out in an auto parts manufacturing unit at Binola village here during the early hours of Saturday, a fire official said. More than a dozen fire engines have been pressed into service but the blaze is yet to be contained, the official added.… Continue reading Fire breaks out in auto parts manufacturing unit in Gurugram
India unlikely to be hit as hard by global recession as other countries: SBI chairman
The impact of a global recession, which is increasingly being feared by the International Monetary Fund and the World Bank, is unlikely to be as pronounced in India as compared to other countries, State Bank of India Chairman Dinesh Khara said. With a projected growth rate of 6.8 per cent and inflation “much under control”,… Continue reading India unlikely to be hit as hard by global recession as other countries: SBI chairman
‘India-Britain trade deal to miss Diwali deadline’
NEW DELHI: A free trade agreement between India and Britain will not be done in time for Diwali in late October, two sources in New Delhi told Reuters on Friday, although it was not immediately clear what was causing the delay. Previous sticking points have included a steep import duty on British whiskey for sale… Continue reading ‘India-Britain trade deal to miss Diwali deadline’
German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005421
In view of new compliance violations at Continental, criticism of the Executive Board and Supervisory Board is growing both inside and outside the company. According to information from the Handelsblatt, the control mechanisms are being questioned in corporate circles. Shareholder protectors are already demanding that Chief Inspector Wolfgang Reitzle be replaced. “We believe that there… Continue reading German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005421
German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005420
In view of new compliance violations at Continental, criticism of the Executive Board and Supervisory Board is growing both inside and outside the company. According to information from the Handelsblatt, the control mechanisms are being questioned in corporate circles. Shareholder protectors are already demanding that Chief Inspector Wolfgang Reitzle be replaced. “We believe that there… Continue reading German Handelsblatt: Automotive supplier: Allegation of control failure at Continental: Shareholder representatives demand the replacement of Wolfgang Reitzle005420
Clean Technica: Tesla: Phoenix Collision Centers Are NOT Refusing To Repair GEICO-Insured Tesla Vehicles002315
At the end of September, popular YouTube channel Wham Baam Teslacam, which is run by a big Tesla fan, tweeted that it had received a tip that “none of the Tesla-certified body shops in Phoenix will take @GEICO customers because GEICO will not pay what it costs to repair a Tesla.” According to Tesla, that… Continue reading Clean Technica: Tesla: Phoenix Collision Centers Are NOT Refusing To Repair GEICO-Insured Tesla Vehicles002315
Clean Technica: Tesla Model S Plaid is MKBHD’s Favorite Piece of Tech He Has Ever Reviewed (Video Interview)002314
One of the internet’s most famous tech reviewers, Marques Brownlee, aka MKBHD, said in a recent interview that the Tesla Model S Plaid is his favorite piece of tech he has ever reviewed. MKHBD was invited for an interview by the Stevens Institute of Technology, from where he has actually graduated. MKBHD talked about many… Continue reading Clean Technica: Tesla Model S Plaid is MKBHD’s Favorite Piece of Tech He Has Ever Reviewed (Video Interview)002314
Clean Tecnica: 29% of New Cars in Ireland Electric, 37% Plugins 002313
Like in many other European countries, electric car sales are booming in Ireland, but they are booming even more there than is the norm. In September, 36.66% of all new vehicle registrations in the home of leprechauns were plugin vehicle registrations. 29.31% were full electrics and 7.35% were plugin hybrids. Plugin hybrid registrations in the… Continue reading Clean Tecnica: 29% of New Cars in Ireland Electric, 37% Plugins 002313