Month: October 2022

PARIS — Mercedes-Benz continues to expand its full-electric vehicle portfolio with the EQE SUV crossover, which will take on the BMW iX that is already among the top five best-sellers in the large premium SUV segment in Europe. Mercedes unveiled the EQE SUV was revealed on Sunday in Paris  – but the EV will not
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Mercedes-Benz is gunning for the heart of the U.S. auto market with a battery-powered version of its workhorse GLE crossover. The midsize EQE goes on sale early next year and fleshes out Mercedes’ electric crossover lineup that is now bookended by the compact EQB and full-size EQS. The EQE crossover “for us, is yet another
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Carvana Co. is seeking a court’s reversal of a Michigan regulatory agency’s Oct. 7 decision to suspend and revoke the used-vehicle retailer’s license in Michigan. In a complaint filed Thursday in the Michigan Court of Claims, Carvana asked for a temporary restraining order against Michigan Secretary of State Jocelyn Benson, whose office issued the license
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COPENHAGEN, Denmark — Five years ago, Polestar Chairman Hakan Samuelsson boldly decided to turn a Swedish tuning specialist into a global stand-alone brand for high-performance electrified models. Equally daring was the former Volvo Cars CEO’s decision to promote his design boss, Thomas Ingenlath, to CEO of Polestar. His faith has been rewarded as Ingenlath took
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Chris Mackey, managing member of Mackey Auto Group, distinctly remembers when he decided servicing commercial vehicles at his Ford dealership wasn’t going to cut it. Mackey, who formed the group in February 2019 with his son, Christopher, after having bought a Ford and a Subaru dealership, was not long into his store ownership when he
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New technology from Point Predictive and a CreditMiner-TransUnion partnership allow dealerships to take a more active role in preventing borrower fraud. BorrowerCheck for Dealers is “the first in a planned series of products for dealers” leveraged from the fraud analytics firm’s vast database of records including income reports, loan applications, fake employers and fraudulent loans.
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In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn
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Lincoln is telling its dealers to invest in upgrades to sell electric cars or bail out of the brand now. Details of the policy, which appears similar to what parent Ford is doing with its dealers, were first reported by Automotive News (subscription required), but were confirmed to Motor Authority by Lincoln spokesperson Anika Salceda-Wycoco.
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10:25 AM ET IndyCar’s Alex Palou will drive for Formula One team McLaren in opening practice at the U.S. Grand Prix on Friday, Oct. 21. Palou will take the place of outgoing driver Daniel Ricciardo, who will then resume driving duties for the rest of the event. 1 Related Palou, who joined the McLaren racing
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