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Hybrid Cars Market to Reach US$ 2.1 Trn by 2031, TMR Study

Hybrid Cars Market to Reach US$ 2.1 Trn by 2031, TMR Study

Analysts at TMR estimate the hybrid cars market to expand at a CAGR of 21.9% during the forecast period from 2021 to 2031. Increasing shift in demand from conventional gasoline powered engine vehicles to environment-friendly engine vehicles is a key factor fueling the growth of the hybrid cars market. ... Continue reading

GENESIS DEBUTS NEW CONCEPT CAR: GENESIS X SPEEDIUM COUPE AT EV-FOCUSED EVENT

GENESIS DEBUTS NEW CONCEPT CAR: GENESIS X SPEEDIUM COUPE AT EV-FOCUSED EVENT

Genesis premiered the Genesis X Speedium Coupe at Genesis House New York, a cultural space in Manhattan's Meatpacking District. The concept car incorporates Genesis' DNA, while looking ahead to the next wave of EVs and highlighting Genesis' future as a luxury electric vehicle brand. ... Continue reading

eBay Used Car Parts Creates "New York Auto Parts Show"

eBay Used Car Parts Creates "New York Auto Parts Show"

New York Auto Parts Show, designed to demonstrate how car enthusiasts can build, fix, or maintain their dream car. In the face of unprecedented supply chain challenges, the show debuts a line of "Re-Concept cars," assembled in partnership with some of the industry's top builders and biggest stars. ... Continue reading

Cummins Completes Acquisition of Jacobs Vehicle Systems

Cummins Completes Acquisition of Jacobs Vehicle Systems

COLUMBUS, Ind.--Cummins Inc. today announced that it has closed on its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The addition of JVS brings new technolo ... Continue reading

Volta Study Reveals Broader Electric Vehicle (EV) Adoption Depends On Conveniently-located EV Chargers Placed Where Drivers Already Go

Volta Study Reveals Broader Electric Vehicle (EV) Adoption Depends On Conveniently-located EV Chargers Placed Where Drivers Already Go

Visibility Is Key: Nearly half (42%) of Americans have never seen an EV charging station, and over a quarter (27%) of EV intenders still have not Convenience Is A Must, Not A Luxury: 75% of EV intenders rank convenient access to EV charging as their top barrier to making the switch (5 percentage points higher than pric ... Continue reading

WOW! CarMax Reports Fourth Quarter and Fiscal Year 2022 Results

WOW! CarMax Reports Fourth Quarter and Fiscal Year 2022 Results

RICHMOND, Va.--CarMax, Inc. today reported results for the fourth quarter and fiscal year ended February 28, 2022. Highlights: CarMax’s share of the nationwide age 0-10 year old used vehicle market increased to a record 4.0% in calendar year 2021, up approximately 13% from 3.5% in calendar year 2020. ... Continue reading

Barrett-Jackson Topples Palm Beach Auction Records With $60.7 Million in Total Sales, Including $3.8 Million for Charity

Barrett-Jackson Topples Palm Beach Auction Records With $60.7 Million in Total Sales, Including $3.8 Million for Charity

Governor Ron DeSantis attended the Barrett-Jackson Palm Beach Auction for the sale of two charity vehicles that raised $1.76 million to support humanitarian relief efforts in Ukraine. ... Continue reading

April Car Care Tips from AutoNation Keep Drivers Safe and Cars Running Smoothly

April Car Care Tips from AutoNation Keep Drivers Safe and Cars Running Smoothly

AutoNation recommends preparing a cost-effective emergency & car care preparedness kit to tuck into the center console or keep in the trunk. ... Continue reading

Rivian Built 2,553 Vehicles in Q1 2022

Rivian Built 2,553 Vehicles in Q1 2022

IRVINE, Calif.--Rivian Automotive, Inc. today announced production totals for the quarter ending March 31, 2022. The company produced 2,553 vehicles at its manufacturing facility in Normal, Illinois and delivered 1,227 vehicles during the same period. ... Continue reading

Dan Parker, a Blind Man, Breaks Driving Speed Record

Dan Parker, a Blind Man, Breaks Driving Speed Record

TRUTH OR CONSEQUENCES, New Mexico, April 5, 2022 -- Dan Parker, a blind racecar driver, achieved the GUINNESS WORLD RECORDS® title for the "Fastest Speed for a Car Driven Blindfolded" on Thursday, March 31. Parker set a new speed record of 211.043 miles per hour on the runway at Spaceport America in his custom-built C ... Continue reading

Faraday Future Announces New Brand Campaign as It Partners with Top Global Industry Suppliers to Build the California-Manufactured Techluxury FF 91 EV

Faraday Future Announces New Brand Campaign as It Partners with Top Global Industry Suppliers to Build the California-Manufactured Techluxury FF 91 EV

Faraday Future Intelligent Electric Inc. (“FF”) , a California-based global shared intelligent electric mobility ecosystem company, launched its “Born in California. Global DNA” brand campaign showcasing the company’s global partners for its flagship vehicle, the ultimate techluxury FF 91. ... Continue reading

Hertz Goes Pole Dancing Orders 65,000 Polestar EV's Over Next 5 Years

Hertz Goes Pole Dancing Orders 65,000 Polestar EV's Over Next 5 Years

Hertz and Polestar, the Swedish premium electric performance car maker, today announced a new global partnership that includes purchasing up to 65,000 electric vehicles (EVs) over five years. ... Continue reading

2023 Toyota GR Corolla Circuit Edition - 300 HP, AWD, Street Legal +VIDEO

2023 Toyota GR Corolla Circuit Edition - 300 HP, AWD, Street Legal +VIDEO

1.6L, 3-cylinder direct/port injected turbo engine delivers 300 hp and 273 pound-feet of torque GR-Four AWD system with customizable front-rear power settings Available in two grades: Core and launch-year-exclusive Circuit Edition Born from rally racing and tested to meet the highest standards set by master driver Akio ... Continue reading

Fisker Passes 40,000 Reservations for Fisker Ocean SUV and Will Open Pre-Orders for Limited-Edition Fisker Ocean One on July 1, 2022

Fisker Passes 40,000 Reservations for Fisker Ocean SUV and Will Open Pre-Orders for Limited-Edition Fisker Ocean One on July 1, 2022

Designed by Henrik Fisker, the all-electric Fisker Ocean is a beautiful new icon of sustainable mobility. While keeping the design language and functionality of an SUV, the Fisker Ocean features a dramatically sculpted exterior with an aggressive stance, clean lines, sleek surfaces, ultra-slim lighting, and modern cubi ... Continue reading

SUBARU OF AMERICA, INC. REPORTS MARCH 2022 SALES RESULTS

SUBARU OF AMERICA, INC. REPORTS MARCH 2022 SALES RESULTS

CAMDEN, N.J., April 1, 2022 -- Subaru of America, Inc. (SOA) today reported 43,322 vehicle sales for March 2022, a 34.1 percent decrease compared with March 2021 (65,726). The automaker also reported year-to-date sales of 132,346, a 17.5 percent decrease compared with Q1 in 2021. Subaru's vehicle supply continues to be ... Continue reading

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