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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.”

Vehicle 130
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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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PHEVs shine but for how much longer?

Auto Service World

Last year was a challenging time for the electric car market, but plug-in hybrid electric vehicles (PHEVs) are experiencing significant growth, according to a new report. According to Mika Takahashi, a technology analyst at IDTechEx, the electric vehicle market faced numerous obstacles in 2024, particularly in Europe.

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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. That includes manufacturing, distribution, installation, and recycling. The post Beontag, Michelin partner on integrating RFID-enabled tires to vehicles appeared first on Tire Review Magazine.

Vehicle 52
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Honda to Establish EV Value Chain in Ontario, Canada

Tomorrow's Technician

Honda expects that electric vehicle production will begin in 2028. In addition to securing the current employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda said it estimates it will add a minimum of 1,000 new associates for the EV and EV battery manufacturing facilities.

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Is Vehicle Customization the Best Route to Shop Growth?

AutoInc.

These include vehicle wrapping film, paint protection film and tinted automotive window film. by leading film manufacturers. For example, Avery Dennison offers a comprehensive training program separately covering vehicle wraps , paint protection film and automotive window film applications. The first step is to do your research.

Vehicle 52
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S&P Global Mobility: Average vehicle on road is 12+ years old

Tire Review Magazine

Vehicles on the road are getting even older, according to S&P Global Mobility. With average age growth, more vehicles are entering the prime range for aftermarket service, typically from 6 to 14 years of age,” Todd Campau, aftermarket practice lead at S&P Global Mobility said. has risen again to a new record of 12.6

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