Tariffs Boost New Vehicle Prices in April

Since April 2023, as new-vehicle inventory recovered from the COVID-era shortage, new-vehicle prices have been mostly flat year over year. Graphic: Cox Automotive New-vehicle ATP increased in April to $48,699, a sharp 2.5% month-over-month bump, according to Kelley Blue Book report released May 12.  April typically delivers a monthly increase of 1.1%. In the past… Continue reading Tariffs Boost New Vehicle Prices in April

German FAZ: Daimler Truck strokes positions in all German works009337

On Friday, the truck manufacturer Daimler Truck stopped the ligaments in his German factories at 9 a.m. A video started through screens in the workshops and on the intranet, in which board member Achim Puchert, together with the general chairman of the works council Michael Brecht, presented details about the savings program “Cost Down Europe”.… Continue reading German FAZ: Daimler Truck strokes positions in all German works009337

Aurora is planning night trips and new routes for driverless trucks from 2025

Aurora Innovation is expanding its driverless freight traffic: from the end of 2025, autonomous trucks should also drive at night and in bad weather. The company is also planning new routes and a change to the “Driver as-a-Service” model. The US company Aurora Innovation plans to expand its driverless truck services and, from the second… Continue reading Aurora is planning night trips and new routes for driverless trucks from 2025

Volvo XC70 Returns as a Plug-In Hybrid SUV

Volvo Cars has unveiled the new XC70 as a plug-in hybrid vehicle (PHEV) for the Chinese market, bringing back a nameplate that has been inactive since 2016. Previously associated with the off-road version of the Volvo V70 station wagon, the XC70 badge now marks a full-fledged SUV. The luxury carmaker claims the latest XC70 is… Continue reading Volvo XC70 Returns as a Plug-In Hybrid SUV

Q1 used car sales surpass two million for first time since 2019

Used car market surpasses two million units in Q1 for first time since pre-pandemic 2019. Performance caps nine successive quarters of growth as new car market’s gradual recovery fuels availability. Battery electric car sales rise by more than half to reach record volume and market share. Data download The UK’s used car market started the… Continue reading Q1 used car sales surpass two million for first time since 2019

German FAZ: Daimler Truck strokes areas in all German works009333

On Friday, the truck manufacturer Daimler Truck stopped the ligaments in his German factories at 9 a.m. A video started through screens in the workshops and on the intranet, in which board member Achim Puchert, together with the general chairman of the works council Michael Brecht, presented details about the savings program “Cost Down Europe”.… Continue reading German FAZ: Daimler Truck strokes areas in all German works009333

German Manager Magazin: Why did Volvo CEO Jim Rowan – the newsletter “Manage: Mobility” 004180

Dear reader, dear reader, That would have been missing: When Friedrich Merz (69) fell through the first ballot as Chancellor on Tuesday, a Federal Republic of Germany, which was incapable of acting, threatened. In the second attempt, Merz then managed to avoid the total disaster. Nevertheless, he is the first candidate to enter the story,… Continue reading German Manager Magazin: Why did Volvo CEO Jim Rowan – the newsletter “Manage: Mobility” 004180

Q1 2025 Lear Corp Earnings Call

Jason Cardew Thanks, Ray. Slide 10 shows vehicle production and key exchange rates for the first quarter.Global production increased 1% compared to the same period last year, slightly better than expected due to higher production in all regions, but still down 5% on a sales weighted basis, driven by lower year over year production in… Continue reading Q1 2025 Lear Corp Earnings Call

Volvo XC70 returns as range-extender SUV with 124-mile EV range

Volvo is reviving the XC70 name for a new range-extender [EREV] SUV for the Chinese market.  The company’s first ‘extended-range plug-in hybrid’ has been previewed for the first time today ahead of a reveal in the coming months and a launch later this year. Volvo says the new XC70 is designed specifically “to meet the… Continue reading Volvo XC70 returns as range-extender SUV with 124-mile EV range