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Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the automarket.
automarket, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. automarket being steered by five key themes. For the U.S. ” For 2024, the Cox Automotive Economic and Industry Insights team sees the U.S.
The Renault 5 E-Tech Electric is bringingstyle and fun back to the European automarket with a retro design that looks just as good in 2024 as it did in 1972, when the original Renault 5 came out.
Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.
Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.
As a car buyer looking for value and reliability, you might have turned your gaze towards Hyundai, a brand known for its diverse range of vehicles that cater to nearly every segment of the automarket. They play a pivotal role in ensuring that every Hyundai owner receives the assistance and care needed to maintain their vehicle.
The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the automarket will be stronger in the next three months.
automarket fills in another piece with the arrival of the 2025 Hyundai Sonata. liter four-cylinder helped by an electric motor and 1.62-kWh Hyundai View the 20 images of this gallery on the original article The puzzle of the 2025 U.S. The Hybrid variants are powered by a 2.0-liter
With this new technology, car manufacturers and dealers must also ask the question, “What happens if these technologies stop working or need to be repaired?” Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. 7 electric vehicles. 7 electric vehicles.
In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.
automarket is very different than it was just two years ago.” ” While the current market index, and many of the factors driving it, remains weak, the market outlook index improved significantly in Q1, jumping from 41 last quarter to 51 in Q1. automobile dealers.
On the other hand, independent dealers scored the current used-vehicle market at 38 – an improvement from last year and last quarter – but still indicating that a majority of independent dealers perceive the used-vehicle market as weak. Smoke commented, “In many ways, the Political Climate is a surrogate for ‘uncertainty.’
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