New-Vehicle Prices Surge to Record Highs — Five Months in a Row

Industry Average Transaction Price v. Industry Average Incentive Spend as % of ATP. Graph: Kelly Blue Book / Cox Automotive New-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month, according to a new report from Kelley Blue Book released Sept. 14. At $43,355, the average transaction price (ATP) for… Continue reading New-Vehicle Prices Surge to Record Highs — Five Months in a Row

Tesla, Toyota spar with Ford, UAW over EV tax bill

WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Tesla, Toyota spar with Ford, UAW over EV tax bill

Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …

WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …

@FCA: Stellantis Statement on Proposed Incentives

September 13, 2021 , Auburn Hills, Mich. – As Stellantis continues our aggressive electrification push — highlighted by an investment of more than $35 billion through 2025 — we are pleased to see Congress match the industry’s commitment with meaningful inducements that will help consumers make the switch to electric vehicles. Consumer incentives, a significant pledge… Continue reading @FCA: Stellantis Statement on Proposed Incentives

German Manager Magazin: Sixt and Mobileye cooperate on Robotaxis: How Munich is to become the stronghold of autonomous driving001104

From big hype to quiet withdrawal – this is how, at least in the end, the relationship between German car manufacturers and taxi services with self-driving vehicles could be described. In order to stand up to the Google subsidiary Waymo with its robotaxis, German automakers had been practicing strong announcements for years: Daimler and Bosch,… Continue reading German Manager Magazin: Sixt and Mobileye cooperate on Robotaxis: How Munich is to become the stronghold of autonomous driving001104

Autos & Transportation · 12:30 AM UTCToyota, Honda oppose U.S. House electric vehicle tax planToyota Motor Corp (7203.T) and Honda Motor Co (7267.T) o…

WASHINGTON, Sept 11 (Reuters) – Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) on Saturday sharply criticized a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive. Toyota said in a statement that the plan unveiled late Friday discriminates “against… Continue reading Autos & Transportation · 12:30 AM UTCToyota, Honda oppose U.S. House electric vehicle tax planToyota Motor Corp (7203.T) and Honda Motor Co (7267.T) o…

Lawrence Stroll Is Making No Little Plans

Lawrence Stroll, owner of the Aston Martin Formula 1 team, is a man on a mission. Three years ago, Stroll, a Canadian billionaire, along with his “closest, dearest friends and business associates,” bought the Force India team and saved it from administration. It was renamed Racing Point, which finished fourth in the team championship in… Continue reading Lawrence Stroll Is Making No Little Plans

Autos & Transportation · 10:02 PM UTCGM’s pickup money machine gets a technology tuneupGeneral Motors Co will give its best-selling Chevrolet Silverad…

DETROIT, Sept 9 (Reuters) – General Motors Co (GM.N) will give its best-selling Chevrolet Silverado large pickup truck models a makeover next spring to fix competitive shortcomings that have left Chevy in third place in one of the most lucrative vehicle market segments in the world. Catching up with rival trucks from Stellantis NV (STLA.MI)… Continue reading Autos & Transportation · 10:02 PM UTCGM’s pickup money machine gets a technology tuneupGeneral Motors Co will give its best-selling Chevrolet Silverad…

Otonomo Partners with LeasePlan to Impact Fleet Performance

HERZLIYA, ISRAEL and SAN JOSE, CA, Sept. 09, 2021 (GLOBE NEWSWIRE) — Otonomo Inc., a wholly-owned subsidiary of Otonomo Technologies Ltd., (Otonomo) (Nasdaq: OTMO), a leading provider of a pioneering vehicle data platform and marketplace, and LeasePlan USA, a global leader in fleet management and driver mobility services, have signed a strategic partnership to offer… Continue reading Otonomo Partners with LeasePlan to Impact Fleet Performance

@niche: Sono Motors Is Expanding Its Car Sharing Service Beyond the Sion – Any Car Can Be Shared via the Sono App001211

Sono Motors is on a mission to enable a revolutionary mobility system, where every electric vehicle is solar, shared, and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, the Sion. Both the Sion’s integrated solar technology and innovative mobility services will enable users… Continue reading @niche: Sono Motors Is Expanding Its Car Sharing Service Beyond the Sion – Any Car Can Be Shared via the Sono App001211