Category: Automotive News

Lithium iron phosphate curbs the battery gap with nickel, cobalt

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Battery expert Lukasz Bednarski, author of the 2021 book “Lithium: The Global Race for Battery Dominance and the New Energy Revolution,” believes automakers’ interest in building lower-priced EVs could be one of the drivers behind LFP’s rising popularity. “LFP provides good enough performance at a lower cost, which makes it an attractive proposition for EVs for the middle class,” he said. Bednarski added that the US Inflation Reduction Act (IRA) provides incentives “for the development of the whole battery chain (with no) preference for LFP chemistry.” Rising investment in LFP manufacturing facilities in the United States is coming not just…
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Expert Insights: Dealership Succession Planning

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ABOUT THE PANELISTS FARID AHMAD Founder and Chief Executive Officer, DSMA With over 35 years of global auto industry experience, Farid is considered a genuine industry expert by dealers and OEMs alike, with his finger on the pulse of the automotive marketplace across North America. Farid is founder and CEO of DSMA, an automotive intelligence and M&A advisory service with more than 1,000 years of combined industry experience and over 1,500 valuations and over 400 completed transactions. For the second consecutive year, DSMA has placed on the 2022 Report on Business ranking of Canada’s Top Growing Companies. www.dsma.com CHRIS SCHAUFELE…
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Reasons DIY Auto Glass Solutions are a Bad Idea

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You may be tempted to try DIY auto glass solutions to resolve cracks in your windshield or other damage to your auto glass. However, these at-home kits can fail to produce the desired results and can even cause additional damage to your vehicle’s windshield in many cases. A Low Chance of Success According to the National Windshield Repair Division of the Auto Glass Safety Council, less than 10 percent of all auto glass damage can be repaired safely with DIY auto glass solutions. Even if your windshield falls to this 10 percent, the chance that you could repair it to…
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EV makers are dividing into leaders and stragglers in US

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Some of the recent darlings of the EV market, including Kia and Rivian Automotive, are off to a slow start this year due to supply chain issues and the loss of the federal EV tax incentive because of tougher eligibility rules. Overall, new EV registrations grew 72 percent in the January to April period, according to Experian, driven primarily by Tesla, with 52 percent growth and a 60.8 percent share of the electric-car market. Non-Tesla brands split the rest of the EV market among 24 marques. But not all makers are enjoying the EV sales surge evenly. And some promising…
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Buick Electra E4 goes on sale in China

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Buick launched sales of its second Ultium platform-based electric vehicle, the Electra E4, this week in China, as General Motors continues to expand its lineup of EVs in a key market. The electric coupe, available in two- and all-wheel-drive versions, is priced from 189,900 yuan ($26,448) to 259,900 yuan, GM’s China unit said. It is 4,818 mm long, 1,912 mm wide and 1,581 mm tall, with a 2,954 mm wheelbase. The two-wheel variant, installed with a 65 kWh battery pack, can drive up to 530 kilometers on one charge. A permanent magnet synchronous motor in the front generates a maximum…
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The Infiniti showroom redesign is lounge-like

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The lack of fresh product has put Infiniti into a multi-year slump. Last year, the brand reported 46,619 US sales, its lowest since 1992, according to Automotive News Research & Data Center. Another retailer also said he’s unlikely to pull the trigger on a store upgrade until he sees a “Cadence product that is true and believable — not just promises.” “Infiniti has been a disappointing brand for years,” Haig said. “Its dealers are not making any meaningful money compared to almost any other franchise.” Anticipating the pushback, Infiniti is pitching the redesign to its dealers as optional. “It’s not…
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The Port of Vancouver creates a ‘logistical nightmare’ for Canadian auto deliveries

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Delays of up to a month at the Port of Vancouver, driven by heightened vehicle imports and a shortage of railcars, are prompting automakers that ship vehicles through the West Coast logistics hub to enact elaborate contingency plans to get vehicles to Canadian dealers. Facing weeks of waiting at Vancouver’s Annacis Auto Terminal, Hyundai Auto Canada, for one, has begun diverting vessels to ports in the United States, where vehicles are offloaded, placed on railcars and shipped across the border into Canada. The rerouting is no simple task, said company CEO Don Romano, but it beats a month of idling…
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