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Stacy Clark joins Polestar, while the electric automaker has opened the order bank for the Polestar 3, arriving in the fourth quarter of this year.
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Avis has terminated its 30-year licensing agreement with Wucherpfennig & Krohn, Germany’s oldest vehicle rental company, effective December 31.
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General Motors and EnergyX are collaborating to unlock the North American supply of lithium.
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The new campus – to be renamed Oakville Electric Vehicle Complex – will be a high-volume manufacturing hub for North America, producing about two million EVs annually by 2026.
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Buyers in the used, new, and remarketed vehicle segments should expect continued growth in used electric vehicle sales as availability increases and retail prices decrease.
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After closing out 2022 with the longest-running, sharpest decline over a single year, wholesale used vehicle prices have risen in 2023.
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According to the first-quarter sales report from Toyota, sales of electrified vehicles for the month represented 27.5% of the total sales volume.
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CAR 2023: The annual messages from the National Auto Auction Association and International Automotive Remarketers Alliance presidents homed in on the volume of industry activity and macro-influences on the market.
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The movement of new vehicles into fleet increases at a consecutive monthly pace with supply freeing up after several years of constraints, according to Bobit fleet data.
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CAR 2023: Recipients of the IARA Circle of Excellence, CAR Remarketer of the Year, and CAR Consignor of the Year awards swept the stage with industry accomplishments.
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