Lexus’ first electric vehicle, the RZ 450e, starts at under $60,000

/ The RZ 450e is priced to be competitive with other luxury EVs like the BMW iX, Volvo EX90, and Mercedes EQS SUV. The RZ is also the first Lexus to be built on Toyota’s e-TNGA platform. Image: Lexus Toyota has been criticized for being slow to release its first dedicated electric vehicle, but one… Continue reading Lexus’ first electric vehicle, the RZ 450e, starts at under $60,000

Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Rise in demand for luxury vehicles owing to an increase in incomes and evolving customer needs, surge in demand for comfortable and luxurious driving experiences, introduction of new line of luxury cars by leading automobile manufacturers drive the global luxury car market PORTLAND, Ore., March 13, 2023 /PRNewswire/ — Allied Market Research published a report,… Continue reading Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Rise in demand for luxury vehicles owing to an increase in incomes and evolving customer needs, surge in demand for comfortable and luxurious driving experiences, introduction of new line of luxury cars by leading automobile manufacturers drive the global luxury car market PORTLAND, Ore., March 13, 2023 /PRNewswire/ — Allied Market Research published a report,… Continue reading Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Rise in demand for luxury vehicles owing to an increase in incomes and evolving customer needs, surge in demand for comfortable and luxurious driving experiences, introduction of new line of luxury cars by leading automobile manufacturers drive the global luxury car market PORTLAND, Ore., March 13, 2023 /PRNewswire/ — Allied Market Research published a report,… Continue reading Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

Rise in demand for luxury vehicles owing to an increase in incomes and evolving customer needs, surge in demand for comfortable and luxurious driving experiences, introduction of new line of luxury cars by leading automobile manufacturers drive the global luxury car market PORTLAND, Ore., March 13, 2023 /PRNewswire/ — Allied Market Research published a report,… Continue reading Luxury Car Market to Reach $1.03 Trillion, Globally, by 2031 at 6.6% CAGR: Allied Market Research

German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Martin Daum und Jochen Goetz enttäuschten über Jahre hinweg als Führungsduo bei Daimler Truck. Der Vorstandsvorsitzende und der Finanzchef des weltgrößten Lastwagenbauers lieferten seit 2019 nie die versprochenen Erträge. Nun zeigt sich jedoch: Das dürfte weniger an ihrem vermeintlichen Unvermögen gelegen haben als an einer einengenden Struktur innerhalb des Daimler-Konzerns, heißt es in Finanzkreisen.Seit das… Continue reading German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Martin Daum und Jochen Goetz enttäuschten über Jahre hinweg als Führungsduo bei Daimler Truck. Der Vorstandsvorsitzende und der Finanzchef des weltgrößten Lastwagenbauers lieferten seit 2019 nie die versprochenen Erträge. Nun zeigt sich jedoch: Das dürfte weniger an ihrem vermeintlichen Unvermögen gelegen haben als an einer einengenden Struktur innerhalb des Daimler-Konzerns, heißt es in Finanzkreisen.Seit das… Continue reading German Handelsblatt: Truck manufacturer: Freed from the conglomerate: Daimler Truck is more profitable than it has been for decades006470

Editor’s letter: Competition heats back up as new car discounts return

Discounting is returning to the UK new car market, as Nick Gibbs’s piece recently detailed on Autocar Business. It’s welcome news for car buyers after the staunch ‘no discounts’ policy during Covid rolled directly into the constrained supply of the chip shortage, but less so for car makers and dealers.  Many car makers are talking… Continue reading Editor’s letter: Competition heats back up as new car discounts return

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research

Rise in demand for low-emission and safe transportation, surge in the development of safety features, and supportive government initiatives drive the growth of the global self-driving electric vehicle market.  PORTLAND, Ore., March 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Self-Driving Electric Vehicle Market by Level of Automation (Level 1, Level 2, Level 3),… Continue reading Self-Driving Electric Vehicle Market to Reach $5.0 Trillion, Globally, by 2031 at 36.3% CAGR: Allied Market Research