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Why more dealer incentives could be coming to new vehicles

Auto Service World

Despite this shift in supply and demand dynamics , average marketed vehicle prices generally remained above USD$50,000 throughout the year, after surging from USD$38,276 in 2019. With expensive vehicles sitting on lots longer, manufacturers and dealers are likely to turn to incentives to remain competitive.

Vehicle 243
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Caring for the Environment as an Emissions Specialist

Automotive Training Centre

Supporting the Transition to Hybrid and Electric Vehicles With Canada pushing for zero-emission vehicles (ZEVs), emissions specialists primarily work with internal combustion engine (ICE) vehicles but can adapt their skills to support the transition.

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How much EV charging stations boost spending in local businesses

Auto Service World

A recent MIT study found that electric vehicle charging stations significantly increase consumer spending at nearby businesses, providing local The study, which analyzed data from over 4,000 charging stations and 140,000 businesses in California, found that the presence of EV chargers led to an average annual spending increase of about $1,500 per business (..)

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Battery-Electric Vehicles for 2019

Automotive Fleet

Commercial fleets with a sustainability mission or government fleets with green vehicle mandates turn to electrified vehicles to meet their mission. Here's a closer look at the battery-electric vehicles available in the 2019 model year.

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Shuttering green EV program leaves some reeing red

Auto Service World

. “The end of the iZEV purchase incentive program while maintaining electric vehicle mandates will be a disaster for consumers, dealers, manufacturers and the Canadian economy,” the groups stated in the announcement. per cent in 2019 to 11.7 per cent in 2023 , according to the federal government.

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The Volkswagen Group Commits €60 Billion for Internal Combustion Vehicles

autoevolution

That scandal prompted the Volkswagen Group to invest billions over billions of euros in electric vehicles, which resulted in the MEB-based ID.3 4 entering production in the latter part of 2019 and in the summer of 2020. Of course, said platform also underpins electric vehicles from the Skoda, Cupra, and Audi brands.

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Brand loyalty on the rise, study finds

Auto Remarketing

After taking a significant drop during the pandemic and associated supply issues, the percentage of car buyers purchasing a new vehicle from the same brand they currently own rose for the second consecutive year in 2024, according to the LexisNexis Risk Solutions Automotive Brand Loyalty Study. percentage points since 2019. in 2024, 3.6%