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How Natural Language Search Can Help You Find the Information You Need

If you’ve ever used a search engine to try and find information on the internet, you’re familiar with the process of typing in keywords or phrases to try and get relevant results.

How to Negotiate a Private Party Used Car Sale

It can be nerve-wracking to buy a car, but it’s even more stressful when you’re negotiating the price. If you’re looking to buy a used car from a private party, follow these tips to get the best deal possible.

Average Used Car Prices Drop – Get a Great Deal on Your Next Vehicle

It’s good news for car buyers – the average used car prices have dropped. You can now get a great deal on your next vehicle. Here are some highlights of the current market

Electric heavy-duty vehicle developments

Zero-emission vehicles and buses increase market share   China, Europe, and the U.S. boosted electric bus and truck registrations in 2021. Electric bus sales rose 40% last year while the global bus industry remained flat. Global sales of electric medium- and heavy-duty trucks doubled above 2020 volumes, while total sales remained flat. Electric medium- and heavy-duty truck sales topped 14,200 in 2021, representing less than 0.3% of global registrations.   In 2021, there were 670 000 electric buses and 66 000 electric heavy-duty trucks. It’s 4% of the worldwide bus fleet and 0.1% of heavy-duty trucks.   Bus registrations   China dominates the electric bus market, and registrations are rising. Since 2018, electric bus sales in the U.S. and Europe have eroded this supremacy. India…

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Prices For Electric Vehicles Are Increasing More Quickly Than for ICE Vehicles

A market research company estimated in 2019 that electric vehicles would be on level in price with their internal combustion engine counterparts by 2022. After a year, It is expressed confidence in electric vehicle prices. In a keynote address given at a meeting of the Society of Automotive Analysts, the topic of electric vehicles reaching price parity with conventionally powered automobiles was discussed. In the second half of 2022, the cost of electric vehicles will have surpassed that of internal combustion engine vehicles. Recent increases in MSRP are adding even more expense to newly purchased electric vehicles, and new research shows that used EVs are far more expensive.   Prices Of Used Electric Vehicles Increased by 54.3% In a Single Year   Although the prices…

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High Costs and Limited Supply Have Become Norm for Car Buyers

Buying an automobile, whether it be a brand-new vehicle or a secondhand vehicle, has become a more difficult enterprise over

What can we learn about the automobile sector from the capital markets?

Automotive companies range from cheap to pricey worldwide. This reflects both the challenges of legacy automaking and the market’s optimism for transformation’s future beneficiaries. In recent months, automotive start-ups have been subjected to a hard valuation reality check, and the SPAC funding channel has almost been closed off. Due to uneven technological progress in the supply chain in the next several years, more capital may be transferred. This hasn’t changed the long-term outlook for electrification. In the meantime, near-term currency volatility is hurting US automakers.   The automobile sector is the most controversial   Automobile production has both the world’s cheapest and most expensive publicly traded companies. Volkswagen trades at 4.5 times its expected 2022 earnings. At the opposite end of the range are technology-focused…

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Market First Report for August 2022: New Vehicle Inventory May Be Increasing. Later, what?

Information suggests that by the end of August, new car stock will have increased by 2.87%, and used vehicle stock may have decreased by 3.48%. New vehicle prices climbed by 0.10% to $48,429, while used vehicle prices jumped by 0.53% to $34,242.   The Federal Reserve reports that in July, auto output in the United States reached a level not seen since before the 2009 recession. Not all manufacturers are enthusiastic about their 2022 performance, despite predictions that the chip shortage will ease by year’s end. BMW has warned it may miss profitability forecasts after lowering its production outlook for the second half of the year, citing unstable semiconductor and European energy supplies. Mercedes-Benz, however, has reported supply shortages but increased car sales projections for…

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Automotive Wiring Harness Market Worth $74 Billion by 2030- Electronic Devices, Electric Vehicles, and Embedded Wiring Harness in Vehicles Drive…

The term “automotive wiring harness” refers to the comprehensive assembly of connectors, terminals, and wires that are used to transmit information and electrical power and that run throughout the entirety of the vehicle. The cables are typically held together by means of a long-lasting and robust material such as vinyl, conduit, rubber, electrical tape, or a weave made of extruded thread. According to Applications, the “Chassis harness” sector accounted for the highest proportion of the total market share, which was roughly 27.18%. It is projected that this segment will continue to maintain its dominance during the period that was forecasted. In addition, looking at the market from a regional perspective, the Asia-Pacific region significantly dominated the market throughout the forecasted period, holding the biggest share…

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