Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins. “I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally changed my world,” CEO Jim Farley… Continue reading Ford wants to sell EVs online only and at a set price
Tag: Recalls
GreenPower to Take Possession of West Virginia Manufacturing Facility in August 2022
“GreenPower will take possession of the West Virginia manufacturing facility in August and production will begin in September,” said Fraser Atkinson, CEO and Chairman of the Board of GreenPower. “The facility will be instrumental in ramping up production of our all-electric school buses, the BEAST and Nano BEAST, in time to meet the demand created… Continue reading GreenPower to Take Possession of West Virginia Manufacturing Facility in August 2022
@Groupe PSA: PR Stellantis Secures Low Emissions Lithium Supply for North American Electric Vehicle Production from Controlled Thermal Resources003840
Agreement grows Stellantis’ decarbonized supply of key raw material for electrified vehicles Sustainable lithium hydroxide to support Stellantis U.S. product offensive of over 25 all-new battery electric vehicle (BEV) launches and 50% BEV sales planned by 2030 Binding offtake agreement sets a new sustainability benchmark for U.S. battery supply chain AMSTERDAM – Stellantis N.V. and Controlled… Continue reading @Groupe PSA: PR Stellantis Secures Low Emissions Lithium Supply for North American Electric Vehicle Production from Controlled Thermal Resources003840
@FCA: Stellantis Secures Low Emissions Lithium Supply for North American Electric Vehicle Production From Controlled Thermal Resources
June 2, 2022 , Amsterdam – Stellantis N.V. and Controlled Thermal Resources Ltd. (CTR) announced today the signing of a binding offtake agreement for CTR to supply battery-grade lithium hydroxide for use in Stellantis’ North America electrified vehicle production. CTR’s Hell’s Kitchen Project in California’s Imperial County will recover lithium from geothermal brines using renewable energy… Continue reading @FCA: Stellantis Secures Low Emissions Lithium Supply for North American Electric Vehicle Production From Controlled Thermal Resources
German Manager Magazin: Stock market: Falling oil prices support Dax001815
A drop in oil prices supported the German stock market on Thursday despite ongoing concerns about inflation and the economy. Of the dax rose 0.46 percent to 14,407.04 points in the first few minutes of trading. Of the MDax of medium-sized companies increased by 0.43 percent to 29,879.28 points. The leading eurozone index Euro Stoxx… Continue reading German Manager Magazin: Stock market: Falling oil prices support Dax001815
Chevy Bolt gets a price cut for 2023 and adds a sporty new package
General Motors is cutting the price for the Chevrolet Bolt and Bolt EUV by about $6,000 and is adding a new, sporty trim option to the lineup. On Wednesday, Chevrolet announced the 2023 model year Bolt EV will start at $26,595. The 2023 Bolt EUV, an SUV styling of the EV, will start at $28,195. Both prices include the delivery fee.… Continue reading Chevy Bolt gets a price cut for 2023 and adds a sporty new package
Chevy slashes Bolt EV, EUV prices to under $30K
General Motors Co. is slashing prices on its Chevrolet Bolt EV and EUV for model year 2023 to spur more electric vehicle adoption. The 2023 Bolt EV will start at $26,595, down from the 2022 starting price of $32,495. The 2023 Bolt EUV will start at $28,195, down from last year’s starting price of $34,495. Both prices include dealer freight charges. “This change reflects… Continue reading Chevy slashes Bolt EV, EUV prices to under $30K
GM is slashing prices for the Chevy Bolt amid high demand for electric vehicles
General Motors is slashing prices for the 2023 Chevy Bolt EV and Bolt EUV amid high demand for electric vehicles. While other automakers are jacking up EV prices to account for rising commodity costs, GM says it wants to send the message that “affordability has always been a priority for these vehicles.” Under the new… Continue reading GM is slashing prices for the Chevy Bolt amid high demand for electric vehicles
German Handelsblatt: After fires: BMW: Public prosecutor searches offices in Munich and Steyr004388
BMW headquarters in Munich Engine fires in Korea are now prompting searches. (Photo: imago images/Future Image) According to BMW, the public prosecutor’s office in Munich searched business premises at the BMW headquarters and in Steyr on Wednesday. The reason was a request for legal assistance from the South Korean authorities in 2020, which involved dozens… Continue reading German Handelsblatt: After fires: BMW: Public prosecutor searches offices in Munich and Steyr004388
Car Dealers Automate Repair Orders with Camera-Based Inspection Systems
New process developed by UVeye improves customer satisfaction, saves dealership time and increases profits 15,000 dealers equipped with dealership management systems from CDK Global now have access to the new technology DETROIT, June 1, 2022 /PRNewswire/ — Thousands of U.S. car dealers now have access to high-speed vehicle-inspection technology on their dealership management systems (DMS)… Continue reading Car Dealers Automate Repair Orders with Camera-Based Inspection Systems