Author: Editor - The Auto Journal
A 12 months and a half in, General Motors’ new supply and logistics entity, BrightDrop, has outlined plans for no less than two electrical supply vans, logged greater than 25,000 orders from e-commerce heavyweights together with FedEx Express and Walmart, and recruited a number of executives from the superior autonomous expertise, software program and robotics sectors. “The demand for electric vehicles [is] only growing to replace and supplement the existing fleet that’s out there,” Rachad Youssef, BrightDrop’s chief product officer, advised Automotive News. “The key to our success is to not solve the problem by simply putting more vehicles on…
Group 1 broke the $2,500 mark through the first quarter with a median $2,504 same-store F&I revenue on each deal, up 30 p.c from a 12 months earlier. Group 1’s same-store F&I income rose as properly, to $131.9 million, up 16 p.c in contrast with the identical time final 12 months. The firm known as the achieve primarily the results of elevated income from finance, automobile service contracts and different F&I merchandise in addition to larger penetration charges. “Our F&I attachment rate is high,” Group 1 U.S. operations President Daryl Kenningham advised buyers in April. Pete DeLongchamps, Group 1 senior…
The Holland manufacturing facility has been a sophisticated battery hub for Clarios since 2009, when it was a division of Johnson Controls. That 12 months, the corporate obtained a $299 million grant from the Department of Energy to construct superior batteries for EVs. Work wrapped up on the plant in 2015, based on the corporate. The 41,000-square-foot area ships about 3.5 million battery cells for 12-volt purposes to automakers worldwide yearly, based on Clarios. Low-voltage lithium ion batteries have caught the eye of some automakers, together with Tesla, lately for a handful of causes. Not solely are the batteries lighter,…
For how lengthy will Tesla be the world’s prime EV maker? How does a tech provider suggest dropping the onboard charger from electrical autos? This is our look again on the Week In Reverse—proper right here at Green Car Reports—for the week ending June 17, 2022. Remember when the Tesla Model Y was supposed to begin round $40,000? Tesla raised costs once more, this time as much as $6,000, bringing the bottom U.S.-market worth of a Model Y to $67,190. Tesla wasn’t the one one. GM on Friday introduced a worth hike for its 2023 GMC Hummer EV, citing provide…
Kia’s dealership community will now have entry to a extra fashionable, tech-based service lane platform through a partnership with Affinitiv, a software program agency specializing in automotive options.The new digital platform, referred to as Ultimate Service Lane, will assist Kia sellers simplify the service lane course of, prioritize effectivity and profitability in addition to hold the shopper related all through the service expertise. Service managers will be capable to leverage the software to assign the suitable technician to every job and hold tighter management over the time spent on particular person appointments. It may even help in standardizing the automobile…
Karl Brauer, govt analyst at iSeeCars.com, mentioned he thinks Ford and Jeep each should be glad with how their off-road rivalry is taking part in out up to now. The Bronco is “turning more people into adventure-seeking off-road enthusiasts,” Brauer mentioned, “rather than taking some kind of fixed number of those and stealing them from Jeep.” S&P Global mentioned virtually half of Bronco purchasers have already got a Ford within the storage. The examine discovered that Bronco clients are typically barely youthful than Wrangler consumers, have marginally greater incomes and extra usually are males. Anderson mentioned the Wrangler has a…
The week of Memorial Day, I and dozens of different members of the media visited Toyota Motor North America’s headquarters in Plano, Texas, to see what the automaker is engaged on and to talk with execs. Thursday that week, we had the chance to drive any mannequin within the present Toyota and Lexus lineups. Name a mannequin, it is yours to take a look at.This was my first probability to drive a Toyota bZ4X. I’ve pushed only a few autos propelled by battery juice. (My first expertise was with a Chevrolet Volt plug-in hybrid from the press fleet some years…
I called him to position a matter to all about EVs and the provision chains that develop them that which that you just could most certainly imagine. We chatted by video name on June 10. This is an edited, abridged transcript of our dialog, piece of my Invited to Tea series of interviews. —Jeremy Goldkorn You wrote a e-book with Mike Forsythe, on a in actuality completely different discipline out of your new mission, appropriate? Whereas I was at Bloomberg, Michael Forsythe and I wrote a e-book referring to the China Model Bank and your full model of Chinese convey…
Walker Racing – Group Australia because it modified into rebranded with Aussie Vineyards backing – had most efficient ditched its Reynard 02Is on the discontinue of 2004, considered some of the closing two Champ Automobile teams to enact so, and so 2005 modified into very mighty a studying twelve months for Derrick Walker’s team with the growing older Lola B2K. It wasn’t till 2006 that it received an right take care of on the chassis’ finer functions, through which era the huge majority of its rivals had been running with that instruments for several years. Allowing teams as noteworthy as Newman…
There are virtually half a million electric automobiles in the UK, and rising fuel prices delight in introduced on extra folk to keep in thoughts making the swap. The authorities is banning the sale of most modern petrol and diesel automobiles from 2030, a decade earlier than before all the pieces planned. What does it worth to charge an EV? Filling the tank of a 47-litre family hatchback with petrol now prices about £85, or £88 for diesel. No subject most modern vitality mark increases, charging at home to train the an identical mileage customarily prices less than half of…