AUGUST 24, 2022

New-Car Markups: From Buyer Remorse to Resentment

About 80% of 3,500 respondents surveyed in May and June say they paid at or above MSRP for a new vehicle within the previous 90 days, GfK researchers say. That’s something that was virtually unheard of before the pandemic.

Autoline Daily 2022: Top Industry News for Aug. 24

Transit Connect Axed in U.S.; Mercedes Turns Old Tires into Door Handles; Hino Kicked Out of CV Partnership

U.S. Needs EV Battery Resource Reclamation Strategy

While U.S. policymakers seek ways to expand the domestic supply of critical EV-battery inputs, the overall strategy should include facilitating and expanding second-life uses, reclaiming serviceable components and recycling critical materials when reuse is not feasible.

Bentley BEV Herald Boasts its Most Powerful ICE Ever

From TU Automotive
While Bentley’s new Mulliner Batur has been heralded as the face of its BEV future, the car comes to market boasting the most powerful ICE powertrain seen in one of the brand’s products.

North America Production is Growing, But Can’t Shake Trend of Underperforming

If projections hold firm, production by the end of the third quarter will come closest to resuming pre-pandemic totals since the semiconductor shortage hit North America manufacturers hard in early 2021.

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