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Beaman Automotive leaves decades old site in downtown Nashville
The downtown Nashville landscape carries on to evolve. The hottest adjust saw Beaman Automotive move away from Broadway more than the weekend just after decades at the acquainted internet site just off the interstate. Beaman Toyota is shifting about 9 miles south and the Beaman Buick GMC is shifting about 13 miles south into the Antioch place. Nelson Mazda previously occupied the Mt. Look at Street area. Officers with South Carolina-dependent Hudson Automotive Team, owner of the Beaman dealerships, reported both of those locations are larger and signify an $82 million investment decision. “With Nashville’s enlargement and progress toward Murfreesboro, these places offer you terrific visibility and the larger footprint…
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Canada goes all in on EVs to keep automotive jobs : NPR
A car or truck hauler carrying Chrysler Pacificas’ strategies the Ambassador Bridge that connects Windsor, Canada, to Detroit, Michigan,on Oct 5, 2018 in Windsor, Ontario, Canada. AFP by way of Getty Visuals hide caption toggle caption AFP by means of Getty Pictures A car hauler carrying Chrysler Pacificas’ methods the Ambassador Bridge that connects Windsor, Canada, to Detroit, Michigan,on Oct 5, 2018 in Windsor, Ontario, Canada. AFP through Getty Photos When most people today consider of Canada, they rarely imagine of cars. But the state, recognized for hockey, maple syrup and limitless wilderness, is one particular of the premier car producers in North The usa. And with the rising great…
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Automotive Cybersecurity Market Size to Worth USD 16.43 BN by 2032
Precedence Research The global automotive cybersecurity market size is expected to be worth around USD 16.43 billion by 2032, and it is registering at a CAGR of 18.15{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from 2023 to 2032. Ottawa, March 11, 2023 (GLOBE NEWSWIRE) — As per Precedence Research, the global automotive cybersecurity market size was valued at USD 3.1 billion in 2022. The most recent developments in connected and autonomous vehicles, as well as the rising number of electronic control units (ECUs) in electric vehicles, are driving the expansion of the automotive cybersecurity industry. Due to new manufacturing techniques and consumer-challenging technology, the automotive industry is facing a rapid revolution in cyber security that is…
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China’s Automotive Slowdown: Tesla And The EV Startups (NASDAQ:TSLA)
Xiaolu Chu Introduction The sales year started off with a whimper. First, the covid stimulus package for the auto industry – a cut from June 1-Dec 31 of the car sales tax from 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to 5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} – expired. Those planning to buy cars in early 2023 instead made their purchases last year. In addition, the Chinese central government has been winding down its incentives for New Energy Vehicles (NEVs) for several years. They, too, expired at the end of 2022. That pulled planned NEV sales from 2023 into 2022, over and above the impact of the covid tax cut. In other words, electric vehicle (“EV”) sales in late 2022 were…
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Asbury Automotive: Discounted Stock In The Automotive Industry
skynesher/E+ via Getty Images Asbury Automotive Group (NYSE:ABG) is a Fortune 500 company and remains one of the largest automotive retailers in the US, even after recent divestiture activity. The company has demonstrated a growing top-line, having sold over 300,000 new and used vehicles, an improvement from the previous year. ABG is also leveraging its online car buying platform, Clicklane, and Total Care Auto to bring a more diversified portfolio to its customers. These initiatives have helped the company make progress towards its long-term target of achieving $32 billion in total annual revenue by 2025. Given its strong performance and growth prospects, ABG is an attractive investment opportunity in my…
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Rapid Response Defense Systems Selects Mullen Automotive as
RRDS Awarded $2.7 Billion Federal Fleet Motor vehicles IDIQ Agreement by the General Providers Administration (GSA) (IDIQ Agreement # 47QMCA22D000T) RRDS views Mullen’s Business Class 1 EV cargo van a strategic match for federal government company BREA, Calif., March 06, 2023 (Globe NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an rising electrical vehicle (“EV”) company, announces these days teaming up with Swift Response Defense Methods (“RRDS”) to quick-track U.S. Federal Government prospects for potential significant-scale automobile fleet orders. Mullen Class 1 EV Cargo Vans: RRDS sights Mullen’s EV Course 1 a strategic fit for federal U.S. govt small business RRDS, one of the…
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