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BMW Cancels €2 Billion Battery Deal With Northvolt Due To Delays

Carscoops

billion) order for EV battery cells from Swedish manufacturer Northvolt, four years after the deal was first announced. In July 2020, BMW signed a supply deal with Northvolt and expected to receive the first battery cells this year. The Swedish battery maker was founded in 2016 by two former Tesla executives.

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Volume and Service: The Winning Formula for Gross in Today’s Market

AutoSuccessOnline

In today’s evolving auto market, one thing remains crucial: focusing on volume and exceptional customer service will naturally drive gross. In today’s market of compressed margins, dealerships are too fixated on protecting gross. This approach is costing deals — and, ultimately, gross profit. How do you demonstrate this?

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How 'Covid cars' are affecting the used car market

Autocar

Industry experts at the time warned of the risk of such cars entering the used car market within two years. Nobody wants the drama of misdescribing a car because it means unwinding the deal. Called ‘Covid cars’, these vehicles are victims of the global parts shortage caused by the pandemic in 2020 and 2021. We just want clarity.”

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Dodge Charger Daytona EV Shows Its New Colors As It Gets 0% Financing Deal For Some

Carscoops

The deal is only available to buyers in the Northeast, Southern, and Central US. While the jury is still out on whether Dodge jumped the gun and launched an all-electric muscle car before the market was ready, Stellantis has unveiled the four colors available at launch: Peelout (orange), Diamond Black, White Knuckle, and Bludicrous.

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EVs banned from underground carparks in popular EV market

CarExpert

100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. China is the largest EV market globally, with more than 16 million units sold in 2023 alone. Browse now. The hotel cited recent incidents involving fires caused by EVs.

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No Apple CarPlay Or Android Auto Is A Deal-Breaker For One-Third Of New Car Buyers

Carscoops

Both EV and ICE buyers say not having smartphone mirroring is a deal-breaker. The McKinsey & Co study reveals that among all global car buyers, 30% of those in the market for an EV and 35% of those looking to buy a combustion car say not having Apple CarPlay or Android Auto is a deal-breaker.

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VW And SAIC Extend Deal To 2040, Plan New Hybrids And Range-Extender EVs, End Controversial Xinjiang Plant

Carscoops

Volkswagen and China’s SAIC have signed a deal extending their partnership to 2040. SAIC Volkswagen plans to introduce 18 EVs and PHEVs to the Chinese market by 2030. And this week, on the 40th anniversary of that original deal, the pair have signed up to extend their joint venture to 2040.

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