[ad_1] Profits of specialty-equipment pieces arrived at a new large in 2021, growing to $50.9 billion in retail profits for the initially time in record – up from $47.9 billion in 2020. The acquiring arrives from the new “2022 SEMA Market Report,” which is offered for download at www.sema.org/exploration and offers the […]
Automotive Technician (Toyota Focused
[ad_1] Michael M. Santiago/Getty Images News In recent months, electric-vehicle stocks have underperformed. Whether it’s Rivian Automotive, Inc. (NASDAQ:RIVN), Lucid Motors (LCID), or Nikola Corporation (NKLA), the electric-vehicle sector has lost some of its allure as a result of a crippling supply-chain issue. This loss of attractiveness may also provide […]
[ad_1] Considering the current market volatility and decline in U.S. car sales amid an economic slowdown, it may not make sense to bet on auto dealership stocks that could plunge due to their fundamental weakness or the industry headwinds. CarMax (KMX), Asbury Automotive (ABG), and Sonic Automotive (SAH) have weak […]
[ad_1] California is going ahead with acquiring a sweeping strategy to involve that electric autos make up 100 percent of new car or truck income by 2035. The California Air Sources Board (CARB) held the first of two hearings June 9 to review and receive community remark on the proposed […]
[ad_1] Sales of specialty-equipment parts reached a new high in 2021, increasing to $50.9 billion in retail sales for the first time in history—up from $47.9 billion in 2020. The finding comes from the new “2022 SEMA Market Report,” available for download at www.sema.org/research, providing the automotive aftermarket industry […]
[ad_1] According to a report from S&P Worldwide Mobility (beforehand the auto staff at IHS Markit), the ordinary age of light-weight autos in procedure has climbed for five consecutive yrs, achieving a history age of 12.2 many years as of Jan. 1, 2022. So, possibly it’s not astonishing that the […]
[ad_1] owngarden/E+ via Getty Images As a provider of global manufacturing solutions, Kimball Electronics (NASDAQ:KE) is ideally positioned to capitalize on megatrends in the vertical markets of automotive, medical, and industrial. This positioning will contribute to profitable growth to $2 billion in annual revenue within the next few years. We […]
[ad_1] The Chinese authorities not too long ago announced a new stimulus package deal for the automotive market, which is anticipated to increase largely product sales of traditional motor vehicles with small gasoline-powered engines, according to Chinese media studies. The stimulus is expected to uplift usage right after many Chinese […]
[ad_1] DUBLIN, May 26, 2022 /PRNewswire/ — The “Automotive and 5G Industry Integration Development Report, 2022” report has been added to ResearchAndMarkets.com‘s offering. Research on integration of vehicle and 5G: OEMs rush into mass production of 5G models whose sales may reach 3.68 million units in 2025 By the end of […]
[ad_1] Washington, DC CNN — Retail sales of new cars are forecast to fall 20.9% this month compared to the same time last year, amid vehicle shortages and sky-high prices, according to the automotive research firms J.D. Power and LMC Automotive. The forecast is in part due to ongoing supply […]