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This includes latest news updates, incisive content from multiple trade sectors, articles with actionable inputs and more. OEM NEWS facilitates studying, guides aspirants on tips on how to start, market & grow a profitable enterprise, administration fundamentals, management development, broader market methods etc. Paramount New Materials invests US$200 million in Coahuila, boosting the automotive business and creating 1,225 jobs. The coastguard stated on its website that the reason for the fire was unknown, but a coastguard spokesperson had earlier told Reuters it started close to an electric car.

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By 2026, the automaker may have close to a dozen mainstream electrical options. A yr later, GM expects to begin working with Honda Motor Co. to produce hundreds of thousands of reasonably priced EVs. TrueCar said November retail gross sales had been on tempo to be roughly even with a 12 months earlier but that fleet gross sales had been rebounding considerably from the low ranges attributable to production disruptions in 2020 and 2021. “This was a terrific November for gross sales and particularly our lineup of eco-friendly automobiles,” Hyundai Motor America CEO Randy Parker mentioned in a statement Thursday.

Photographs: Ford Swings At Supercars With New Mustang Gtd

In the same interval, Indonesian car sales climbed rapidly, but additionally excluding 2009 when a steep decline in automotive sales occurred. Also the low sport utility automobile has gained popularity in Indonesia. However, it will be very difficult for the LSUV to turn out to be the market chief in Southeast Asia’s largest economic system because the LSUV has restricted space for passengers. The Italian efficiency previewed its first all-electric automotive with the Lanzador idea, which will turn out to be its fourth model. 10 popular hatchbacks in July 2023 in India Hatchbacks are inexpensive, have good mileage, and spacious interiors.

Hyundai Motor Group’s partnership with Sonatus to develop its Digital Dynamics software-defined automobile platform. “By understanding the loyalty make-up of their customer base, and where their nomads are going, manufacturers can take a more targeted and efficient advertising strategy to retain them.” Grupo Daimler Truck México presents its first sustainability report, marking a new period of automotive practices.

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