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The ‘horror story’ of the used vehicle market

Auto Service World

The used vehicle market is facing significant supply challenges and a course correction isnt expected for many years to come. Daniel Ross, senior manager of industry insights and residual value strategy at Canadian Black Book described the current state of the used vehicle market as a “horror story.”

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2028 Alpine A310 Electric 2+2 GT Makes Spy Photo Debut, Features All-New Platform

autoevolution

Alpine's next-generation electric vehicle lineup will include a zero-emission revival of the A310. The carparazzi have recently spotted a chassis testing mule of the 2+2 tourer, which is expected to launch sometime in 2028. The A310 test mule is obviously equipped with body panels from the Ligier JS2 R grand touring racecar.

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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

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Beontag, Michelin partner on integrating RFID-enabled tires to vehicles

Tire Review Magazine

Beontag has partnered with Michelin to integrate RFID-enabled tires into commercial and passenger vehicles over the next two years. This innovative solution ensures compliance with the EU’s Ecodesign for Sustainable Product Regulations (ESPR), which mandate Digital Product Passports (DPPs) for tires by 2028-2030.

Vehicle 52
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Maserati Confirms Three New Electric Vehicles, Quattroporte EV Launching 2028

autoevolution

Turns out Maserati will treat the MC20 to electrons in 2025, after which the Modenese automaker will unveil a large sport utility vehicle in 2027. Said utility vehicle is dubbed "E-UV BEV" in the attached r. continue reading. ) Said utility vehicle is dubbed "E-UV BEV" in the attached r. continue reading. )

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Chrysler Just Shelved Its Electric SUV Project, So What The Heck Is It Going To Sell?

Jalopnik

The legendary Mopar brand was optimistic about its future in recent years, announcing a move to all-electric luxury vehicles by 2028. The Chrysler brand is in dire straits right now as its product lineup has dwindled to a single product, the venerable, but long-in-the-tooth, Pacifica van. Now, with that deadline just Read more.

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Global EV Sales Expected to Triple in 2024

Brake & Front End

million sold vehicles. By 2028, the market is expected to hit over 17 million sold units, or 40% more than this year. Revenue in the electric vehicle market will also skyrocket in this period. This figure is expected to grow by an average of 10% per year and climb to more than $900 billion by 2028. million to 10.64