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News By Topic: New Vehicles

July New-Vehicle Sales Pace Still Constrained but Transaction Prices and Dealer Profits Remain at Record Levels

July New-Vehicle Sales Pace Still Constrained but Transaction Prices and Dealer Profits Remain at Record Levels

TROY, Mich.--J.D. Power: The Retail Sales Forecast New-vehicle retail sales for July 2022 are expected to decline when compared with July 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 988,400 units, a 10.8% decrease compared with Ju ... Continue reading

Electric Drive Newsletter July 26, 2022

Electric Drive Newsletter July 26, 2022

July 26, 2022 Postal Service increases EV commitment to 40% of new delivery trucks Detroit News In a Twist, Old Coal Plants Help Deliver Renewable Power. Here’s How. ... Continue reading

LexisNexis Risk Solutions Connected Car Study: 81% of Consumers Enroll in Free Trial When Offered

LexisNexis Risk Solutions Connected Car Study: 81% of Consumers Enroll in Free Trial When Offered

Growing Consumer Interest in Connected Services Highlights ... Continue reading

LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth

LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth

2022-07-26 View Assets LG Chem plans to provide GM more than 950,000 tons of CAM over eight years, enough for approximately 5 million units of EV production CAM secured by GM will be used by Ultium Cells LLC, joint venture between GM and LG Energy Solutions, to support GM’s goal of 1 million EV production capacity in ... Continue reading

GM Reports Second-Quarter 2022 Results

GM Reports Second-Quarter 2022 Results

DETROIT, 2022-07-26 – General Motors Co. today reported second-quarter net income attributable to stockholders of $1.7 billion and EBIT-adjusted of $2.3 billion, in line with the earnings update the company issued on July 1. ... Continue reading

BrightView Continues Electric Conversion of Fleet Vehicles with Deployment of 100 Chevrolet Bolt EUVs

BrightView Continues Electric Conversion of Fleet Vehicles with Deployment of 100 Chevrolet Bolt EUVs

Today, BrightView announced the addition of 100 Chevy Bolts to its growing fleet of electric vehicles, as part of its pledge to reduce carbon emissions. ... Continue reading

Electric Vehicle Market worth 39,208 thousand units by 2030 - Exclusive Report by MarketsandMarkets™

Electric Vehicle Market worth 39,208 thousand units by 2030 - Exclusive Report by MarketsandMarkets™

CHICAGO, July 26, 2022 -- The global Electric Vehicle Market size is projected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a CAGR of 21.7%, according to a new report by MarketsandMarkets™. Factors such as growing demand zero emissions commuting and governments supporting low emissio ... Continue reading

General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement

General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement

Livent's battery-grade lithium hydroxide, made primarily from lithium extracted at its brine-based operations in South America, to be used in production of GM's electric vehicles 100% of Livent's downstream lithium hydroxide processing for GM to transition to North America over the course of the agreement Both companie ... Continue reading

PACCAR Achieves Record Quarterly Revenues and Profits

PACCAR Achieves Record Quarterly Revenues and Profits

PACCAR achieved record revenues and net income in the second quarter of 2022 due to increased deliveries of new truck models, excellent gross margins and record PACCAR Parts results,” said Preston Feight, chief executive officer. “PACCAR Parts achieved record quarterly sales and profits due to high truck utilizatio ... Continue reading

Senior-Level Execs from Ford, Argonne National Laboratory, Solid Power, and More to Speak at The Battery Show North America

Senior-Level Execs from Ford, Argonne National Laboratory, Solid Power, and More to Speak at The Battery Show North America

NOVI, Mich.--The Battery Show, North America's largest and most comprehensive advanced battery technology event, today announced an extensive speaker lineup confirmed to explore the industry’s most disruptive technologies, battery supply chain strategies, workforce innovation, and much more at the September event. Th ... Continue reading

U.S Army’s Newest Armored Combat Vehicle Powered By Allison Transmission

U.S Army’s Newest Armored Combat Vehicle Powered By Allison Transmission

Allison’s 3040 MX™️ cross-drive transmission will provide the propulsion, steering and braking functionalities of the Mobile Protected Firepower (MPF) vehicle, the U.S. Army’s first newly designed armored combat vehicle fielded in more than four decades. ... Continue reading

GM's Human-Centered, Online Experience Creates a Space for Real Conversations About EVs

GM's Human-Centered, Online Experience Creates a Space for Real Conversations About EVs

2022-07-25 View Assets DETROIT — As part of its mission to make EV ownership accessible to all, General Motors today launched EV Live, an immersive, virtual experience that allows participants to interact one-on-one with EV specialists and learn everything about electric vehicles — for free. EV Live is a new elemen ... Continue reading

Nutson's Weekly Auto News Review July 17 - July 23, 2022

Nutson's Weekly Auto News Review July 17 - July 23, 2022

Automotive News Review, Week Of July 17-23, 2022 ... Continue reading

2022 Hyundai Palisade SUV - Road Trip Review By Steve Purdy

2022 Hyundai Palisade SUV - Road Trip Review By Steve Purdy

This is our second trip to this lovely and historic strip of Maine coastline centered on Mt. Desert (pronounced de-SERT) Island where Bar Harbor and Acadia National Park draw visitors from around the world. ... Continue reading

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