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Toyota gets $4.5M towards EV battery ‘Reduce, Reuse, Recycle’ facility

Canadian Auto Dealer

The goal of the project is to help resolve the first bottlenecks in current battery supply chain circularity: the automation of battery pack disassembly, data-driven battery classification, and addressing cell degradation. The project comes as end-of-life and battery scrap volumes are estimated to rise in the coming years.

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U.S. Auto Sales Growth Slows in Q3 as Consumers Grapple with Rising Costs

Automotive Addicts

Chris Hopson, principal analyst at S&P Global Mobility, highlighted that many consumers are finding it difficult to justify the monthly payments required to finance a new car. The research firm also warns of potential disruptions stemming from a recent strike at East Coast ports, which could create supply chain headaches for automakers.

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Vehicle shipping crisis to extend new car delivery times in Australia

CarExpert

In a dealer bulletin obtained by CarExpert , Ford Australia told its Eastern Region dealer principals, sales managers and stock controllers that industrial action by Qube staff at Port Kembla and other ports since early December would impact deliveries of the new-generation S650 Mustang , which were due to take place in January.

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72% of drivers concerned with OEMs sharing data with third parties

Canadian Auto Dealer

It’s easy to take for granted how much your car knows about you,” said Kurt Baumgartner, Principal Security Researcher at Kaspersky’s Global Research and Analysis Team, in a statement. At the same time, security is also a concern for OEMs.

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COMMENTARY: How blockchain is set to transform the automotive industry

Auto Remarketing

Supply chain management: Blockchain can track parts from manufacture to installation, ensuring authenticity and reducing counterfeit parts in circulation. Brad is the founder and principal consultant at Leroy Lynn, LLC, consulting companies focused on blockchain, AI, and data science solutions.

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The current state of automotive dealership M&A: Focusing on performance optimization

Auto Remarketing

Understanding the reduction in dealership sales As of 2023, the automotive industry has been navigating challenges such as supply chain disruptions, changing consumer preferences, and rising interest rates. What dealer principals should be focused on — is what they can control.

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Why Dealers Need to Keep Marketing – Even with Low or No Inventory

Automotive Mastermind

“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. auto market is struggling, impacted by supply chain, labor, logistics, inflation, and wider economic concerns,” said Chris Hopson. .”