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VW Profits Tank 42% Amid “Industry-Wide Buyer Reluctance” To EVs

Carscoops

The company also cited supply chain shortages, a challenging macroeconomic environment, and a “comprehensive renewal” of their luxury sport product portfolio. ” The Group’s EV push has also stalled as the automaker confirmed “industry-wide buyer reluctance” to electric vehicles.

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Porsche still pulling new buyers with electric Taycan

CarExpert

“Approximately 53 per cent of the orders so far have been from first-time purchasers, with many repeat buyers also returning for the new Taycan,” a Porsche Cars Australia spokesperson told CarExpert.

Buyer 115
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Media post: Global Car Sales Trends: What to Expect in 2025 and Beyond

Best Selling Cars Blog

Chinese brands (BYD and NIO) collaboration for developing a new EV model. Key factors which boost the development of the automotive industry in India are rapid economic growth, urbanization and an escalating need for passenger cars. Along with the development of EVs, automobile companies prioritize other eco-friendly vehicles.

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"Navigating the Future of Automotive Leadership: Balancing Tradition and Innovation"

Women Automotive Network

The Panel Jennifer Brace , Chief Futurist, Ford Motor Company Brandon Faurote , VP Advanced Design, Stellantis North America Marian Maroki , Buyer, Exhaust Systems, General Motors Stephanie May, Commercial Director, Women Automotive Network Meet the Panelists Jennifer Brace : Jen is the Chief Futurist at Ford Motor Company.

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Should the next government continue PHEV and EV subsidies?

CarExpert

Specifically, we’re interested in financial incentives for buyers of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs), which have been offered for a while now, to encourage the adoption of more low- and zero-emissions by Australians. Marton Pettendy: No Buyers of all vehicle types should be treated equally.

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Driving E-Commerce Success: Why Digital Titling is Key for Auto Dealers

AutoSuccessOnline

A 2023 McKinsey survey found that a third of buyers want to purchase their next vehicle online, citing “speed” and “simplicity” as major factors. In the automotive supply chain, ongoing shortages create unpredictable delays for manufacturers and make it difficult for dealers to receive inventory.

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Honda, Nissan, and Mitsubishi Plan To Merge by 2026

Car Examer

From electric vehicles (EVs) to advanced tech, the merger could have a huge impact on car buyers, industry players, and the future of driving. By merging, these companies can share the massive costs of developing new EVs, battery tech, and charging infrastructuremaking it easier to compete with giants like Tesla and Volkswagen.