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Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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SEARCHMENUSEARCHThe Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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According to EV-Volumes data, from Jose Pontes, five OEMs handled more than half of all EV sales.
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Toyota Motor Corp’s next chief executive, Koji Sato, is calling for an “EV-first mindset” for the Japanese automaker.
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Report suggests middle-class norm becoming harder to achieve.
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Sales bump shaves supplies, especially in compact, midsize segments.
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Expanded plant to support production of more than a million EVs a year.
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Stake would give it access to one of world’s biggest stores of key EV battery element.
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Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
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The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
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