Auto News: Breaking Automotive News And First Drive ReviewsAutomotive News

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Countering the Chinese newcomers at IAA, VW sought to show with the ID GTI hot hatchback idea that there is no substitute for model depth in phrases of bringing clients alongside on the EV journey. BMW will begin output of the primary Neue Klasse cars in 2025 at its new manufacturing facility in Debrecen, Hungary, adopted by manufacturing at its Munich plant starting in 2026. Neue Klasse automobiles also might be constructed at BMW’s factory in Shenyang, China, starting in 2026, and at its plant in San Luis Potosí, Mexico, from 2027. BMW has previously mentioned the primary cars off the platform will be a 3 Series-sized sedan and a midsize SUV. Zipse described the Neue Klasse battery-electric platform as a “megaproject” within BMW. “It is about nothing less than the method ahead for the BMW brand, the BMW Group and our portfolio,” he mentioned.

The typical house uses a 380-volt three-phase present , so the charging infrastructure already existed when automakers began launching plug-in hybrids and full-electric autos. And the primary wave of EVs were built on components developed for plug-in hybrids, that are 400-volt-based. “800 volt is the logical next step in the improvement of BEVs,” Alexander Reich, head of innovation power electronics at Vitesco, stated in an interview with the publication. Vitesco has landed massive contracts for 800-volt-enabled elements, together with supplying inverters for Hyundai’s E-GMP platform, inverters for a significant North American automaker and electrical motors for a leading EV maker in China. The major driver behind the stready rebound in retail and fleet volume is extra stock. Compared with final year, sellers have about 70 percent more new automobiles on their tons available to sell than they did on the similar point in 2022, when inventory ranges have been simply starting out on what has was a sustained restoration.

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Dealer Shawn Kohli, co-owner of City Auto Group in Chicago, bought two dealerships on his personal in two separate deals. In addition to Tennessee and Texas, the group has dealerships in Colorado and North Dakota, plus three in Canada. In April, Foundation Automotive bought a Stellantis store, additionally in Texas, from Glascock, Flores and Godwin of Affinity Dealer Group. Foundation Automotive purchased six other Texas dealerships in 2022 in two separate transactions. Foundation Automotive on Feb. 8 bought Crossroads Dodge-Chrysler-Jeep-Ram in Liberty, Texas, from Bruce Glascock, Alfred Flores, Chris Godwin and Marc Wagoner, the corporate confirmed. Here’s a look at the offers involving import, domestic and luxury dealerships in Virginia, Texas, Indiana, Iowa and Oregon.

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Continental, No. 6 on the 2020 listing, fell to No. eight on this 12 months’s version following the spinoff of Vitesco Technologies. “If I didn’t know what was taking place with automakers, I would say that the suppliers are doing quite OK right now,” stated Mark Wakefield, a managing director at AlixPartners. “But knowing how well the automakers are doing means that suppliers are getting squeezed.” The 10 suppliers that topped the list introduced in a mixed $321.5 billion in revenue for the year — a 10 percent leap from 2020 and even a 2.2 percent increase from 2019. Of the one hundred elements and materials corporations on this 12 months’s version of the Automotive News high suppliers rating, 84 reported year-over-year income features from 2020, when pandemic-related work stoppages wreaked havoc on the industry. DENVER — Colorado tightened its air high quality regulations on Friday, requiring that a minimal of 5% of the autos sold within the state by 2023 emit zero pollution.

Hyundai mentioned its inventory has more than doubled from a yr ago, to 39,898 vehicles on the finish of November. Sales fell 5.2 p.c final month for the Honda brand and 14 percent for Acura. Honda’s 4 top-selling nameplates — the CR-V, HR-V, Accord and Civic — all saw declines in November. Upgrade your lifestyleDigital Trends helps readers keep tabs on the fast-paced world of tech with all the newest news, fun product critiques, insightful editorials, and one-of-a-kind sneak peeks. The Chevrolet Bolt EV has lengthy been an excellent car for many who desire a strong EV at a reasonable price. The mishap came simply days after a neighborhood regulator made a landmark determination paving the way for the growth of autonomous ridesharing services in the metropolis.

Modeling tools shall be used to predict how a lot energy could be required if all the trucks operating at a website were electrical. Past occasions have targeted on long-haul routes, regional haul applications and general electrical truck performance. The head of the United Auto Workers warned Wednesday that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the point contracts expire subsequent week.

Spy photographers lately have captured the freshened Encore GX with Buick’s new brand, as properly as two small, closely camouflaged EVs. The Tonale plug-in hybrid, the Italian brand’s first electrified model, is coming within the second quarter, giving Alfa Romeo a second utility car in the U.S. — and a extra balanced lineup. A typical gasoline version won’t be bought in the us as originally planned. Crossovers and pickup vehicles dominate the record of key showroom introductions within the year forward, although some top-selling vehicles also will bear makeovers, with Honda rolling out its 11th-generation Accord.

Big dealership teams continue to acquire stores, with the highest 10 and prime one hundred fifty dealerships taking a bigger share of the whole number of U.S. franchised dealerships. Automotive News’ prime one hundred fifty ranking does not embody all the greatest dealership teams in the nation. “We’ll see some bigger transactions continue to get accomplished within the trade over the next few years,” Karolis stated. “I do not think they’re accomplished yet. We nonetheless assume that activity shall be driven largely by non-public sellers, private transactions.” Sales and store counts reported by a handful of teams on the list included a small but undetermined variety of used-only and non-U.S.