EV registrations October 2024

EV Registrations Increase by 5% in October, Boosted by Legacy Brands Despite Tesla Decline

EV Registrations See 5% Increase in October, Driven by Legacy Brands Electric vehicle (EV) registrations in October 2024 rose by 5%, driven by strong gains from legacy car brands. Despite a decline in Tesla sales, traditional automakers are showing resilience in the growing EV market. The shift towards electric mobility continues to accelerate, as established…

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GM Robotaxi

GM Shifts Focus from Robotaxis to Efficiency for Greater Impact

GM Shifts Focus from Robotaxis to Efficiency for Greater Impact General Motors (GM) has decided to refocus its strategy by shifting its attention away from robotaxis. The automaker, once heavily invested in autonomous vehicle technology, has now placed greater emphasis on achieving operational efficiency. This move marks a significant pivot in GM’s long-term plans as…

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Volkswagen

Volkswagen Board Opposes Closing Major Plants in Germany, Reports Reveal

Volkswagen Board Opposes Closing Major Plants in Germany Volkswagen’s board has reportedly decided against shutting down major manufacturing plants in Germany. This decision comes amid ongoing challenges in the automotive industry, where many manufacturers are under pressure to streamline operations. The company’s management team has been exploring cost-saving measures but is now leaning toward preserving…

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Hyundai Motor America

Hyundai Motor America Reshapes U.S. Sales Strategy, Appoints New Sales Leader

Hyundai Motor America has revamped its sales organization with the appointment of a new sales chief. This change signals Hyundai’s commitment to adapting to shifting market demands and enhancing its operations in the U.S. By streamlining processes, Hyundai aims to improve efficiency and stay competitive in the fast-changing automotive industry. The company is focused on…

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BMW

BMW Group Leads ERP Transformation with Cloud Migration Using Factory Model

BMW ERP transformation is making significant progress as the company works to modernize its business processes. By adopting a “migration factory” approach, BMW is moving its ERP systems to the cloud. This shift is crucial for improving operational efficiency and positioning the company for future growth. Why Cloud Migration Matters: Cloud migration has become essential…

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Hyundai Vehicles

Hyundai Issues Recall for Over 226,000 Vehicles in U.S. Over Defective Rearview Cameras

In a significant move to ensure safety, Hyundai has issued a recall for more than 226,000 vehicles in the United States. This action is prompted by a critical safety issue related to the rearview cameras in affected models. Hyundai’s recall comes after reports that the rearview cameras may fail to display the image, potentially increasing…

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EV Car buying Decisions

EV Tax Credit Impact on Car Purchases: Trump’s Proposal to Ax It May Change Buying Trends

EV Tax Credit Removal Could Shift Car Buying Trends More Than Price The ongoing debate around electric vehicle (EV) incentives has gained traction, especially with former President Donald Trump’s recent suggestion to eliminate the EV tax credit. This proposal has sparked concerns that the removal of this incentive could have a more significant impact on…

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