In January this year, Tesla made the surprising announcement that it would be cutting prices on its vehicles by as much as 20%. While price cuts are not new in the automotive world, they are for Tesla. The company, which historically has been unable to keep up with demand, has seen its order backlog […]
Highlights In Canada, total light Industry (GVW =< 8500 lbs) volume increased 8.5%.ZEVs account for one out of every 11 new vehicles registered in Canada. ZEVs market share increased to 9.1% for 2023, up from 8.3%. The market share of battery electric vehicles (BEV) increased to 6.9%, with volume increasing by 19.1%. Total ZEV […]
A used car dealership in Scotland has rebranded from its original Mini World name to INI World after BMW Group’s lawyers claimed its Mini branding had breached its copyright. The dealership, in Kilmarnock, was opened in December 2022 by Bridgend Motor Group to exclusively stock used Mini cars, but soon received a legal letter from […]
