Three-phase electric power

New-Vehicle Average Transaction Prices Drop to Lowest Level in nearly Two Years, According to Latest Kelley Blue Book Estimates

Retrieved on:

Monday, April 15, 2024

ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.

Key Points:

ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.
Incentives were highest for Polestar, Lucid, Tesla, Infiniti, Mini, Nissan and Volkswagen, according to Kelley Blue Book estimates.
According to Kelley Blue Book estimates, incentives at Land Rover averaged only 2.4% of ATP.
Last month, 30 different vehicles posted average transaction prices over $100,000, with the Mercedes G-Class on top with an ATP of $208,663.

Negative Equity on Vehicle Trade-Ins Pick Up Steam as Used Car Values Dwindle, According to Edmunds’ Q4 Used Vehicle Report

Retrieved on:

Wednesday, March 13, 2024

Three-phase electric power, MSRP, Transport, SUV, ATP, Phosphorus

According to the latest Edmunds Used Vehicle Report :

Key Points:

According to the latest Edmunds Used Vehicle Report :
Used car values continue on a downward trend.
The average transaction price (ATP) for all used vehicles in Q4 2023 dipped to $28,371, a 4.4% decrease from $29,690 in Q4 2022.
20.4% of new vehicle sales with a trade-in had negative equity in Q4 2023 — the highest in two years — compared to 17.7% in Q4 2022 and 14.9% in Q4 2021.
According to Edmunds data, 1- and 2-year-old vehicles are experiencing the most significant drops in value compared to older used vehicles.

New-Vehicle Average Transaction Prices Retreat for Second Straight Month, According to Latest Kelley Blue Book Estimates

Retrieved on:

Monday, March 11, 2024

ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.

Key Points:

ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.
Incentive packages continue to be highest with Infiniti, Audi, Mini, and Polestar, all over 10% of average transaction price, according to Kelley Blue Book estimates.
Incentives at Land Rover averaged only 2.0% of ATP, according to the Kelley Blue Book estimates.
Model 3 transaction prices last month, at $43,614, were lower year over year by 12% and near the lowest level on record.

Pioneer Power Partners with NOMAD Transportable Power Systems to Launch New Zero-Emission, Mobile EV Charging Platform and Re-charging Solutions

Retrieved on:

Tuesday, January 23, 2024

Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first zero-emission platforms.

Key Points:

Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first zero-emission platforms.
View the full release here: https://www.businesswire.com/news/home/20240123098373/en/
ZEeB: Zero-Emission EV Charging Platform (Photo: Business Wire)
Developed in partnership with NOMAD Transportable Power Solutions, Inc. (NOMAD), the leading domestic manufacturer of zero-emission, utility-scale mobile energy storage, Pioneer’s Zero Emission e-Boost (“ZEeB”) and EXZELCR platforms set a new bar in meeting the growing demand for low-carbon, mobile, e-Boost solutions with grid-gap solutions.
Like all of Pioneer’s e-Boost platforms, ZEeB and EXZELCR are mobile, but the new platforms offer the added benefit of battery energy storage to provide zero-emission EV charging.
“NOMAD is committed to delivering mobile energy storage solutions that fill the gaps in providing safe, clean, reliable power,” said NOMAD CEO Paul Coombs.

U.S. New-Vehicle Prices Down Year over Year for Third Straight Month; Market Shifts toward Buyers as Incentives Climb, Profit Margins Squeezed

Retrieved on:

Monday, December 11, 2023

Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.

Key Points:

Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.
November marks the third consecutive month that new-vehicle transaction prices were lower year over year, a unique milestone for the industry.
New-vehicle sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer's market, not a seller's market.
Lower ATPs for vehicle buyers continue to be the results of discounts and incentives, not lower-priced automobiles, the Kelley Blue Book data suggests.

Average New-Vehicle Prices Down 1.4% Year Over Year in October, as Healthy Inventories, Higher Incentives Help Buyers

Retrieved on:

Monday, November 13, 2023

New-vehicle incentives in October were down 2.2% from September, while new-vehicle incentives are higher year over year by 117%.

Key Points:

New-vehicle incentives in October were down 2.2% from September, while new-vehicle incentives are higher year over year by 117%.
Compared to one year ago, when incentives were near historic lows, average new-vehicle transaction prices in October were lower by 1.4%, or approximately $670.
Year to date, new-vehicle transaction prices have fallen more than 3.5% as downward price pressure continues to favor buyers in the market.
Still, even with the gains in October, average EV prices are down more than $13,000 year over year.

New-Vehicle Transaction Prices Decline Further in September, Led by Price Cuts at Tesla, According to Kelley Blue Book Report

Retrieved on:

Wednesday, October 11, 2023

Tesla's price cuts have moved the market, pushing electric vehicle (EV) prices down more than 22% year over year, from $65,295 to $50,683.

Key Points:

Tesla's price cuts have moved the market, pushing electric vehicle (EV) prices down more than 22% year over year, from $65,295 to $50,683.
The average transaction price of a new vehicle in September was $47,899, down $360 from one year ago (0.7%), according to Kelley Blue Book, a Cox Automotive company.
Assuming the UAW strike is short-lived, current inventory levels are healthy enough to prevent any significant impact on consumer prices."
For comparison, Kelley Blue Book estimates incentives averaged 10% of ATP in September 2020 and 10.2% in September 2019.

Artprice by Artmarket has unveiled its new website, solidifying its position as the go-to platform for the online Art Market.

Retrieved on:

Wednesday, September 13, 2023

The change is so dramatic that some users think Artprice has been involved in a merger or an acquisition!

Key Points:

The change is so dramatic that some users think Artprice has been involved in a merger or an acquisition!
Artprice by Artmarket thus offers the world's most elaborate and exhaustive search engine on the art market and solidly confirms its reputation as the World Leader in Art Market Information for the past 25 years.
Artprice's new online architecture integrates new communication spaces for advertisers, with a back-office for the completely autonomous management of their advertisements.
As planned in its 2023/2024 calendar, Artprice has therefore opened its paid spaces (in compliance with IAB standards) to the art market.

Artprice by Artmarket has unveiled its new website, solidifying its position as the go-to platform for the online Art Market.

Retrieved on:

Wednesday, September 13, 2023

The change is so dramatic that some users think Artprice has been involved in a merger or an acquisition!

Key Points:

The change is so dramatic that some users think Artprice has been involved in a merger or an acquisition!
Artprice by Artmarket thus offers the world's most elaborate and exhaustive search engine on the art market and solidly confirms its reputation as the World Leader in Art Market Information for the past 25 years.
Artprice's new online architecture integrates new communication spaces for advertisers, with a back-office for the completely autonomous management of their advertisements.
As planned in its 2023/2024 calendar, Artprice has therefore opened its paid spaces (in compliance with IAB standards) to the art market.

New-Car Prices Virtually Flat Year Over Year in August Due to Declining Electric Vehicle Prices, Tesla Price Cuts, According to Kelley Blue Book

Retrieved on:

Tuesday, September 12, 2023

Tesla price cuts continue to lead electric vehicle (EV) prices lower.

Key Points:

Tesla price cuts continue to lead electric vehicle (EV) prices lower.
The average transaction price of a new vehicle in August was $48,451, up only $42 from one year ago, according to Kelley Blue Book, a Cox Automotive company.
Led mostly by aggressive price cuts from Tesla, luxury vehicle prices last month were down 3.3% year over year.
For comparison, Kelley Blue Book estimates incentives averaged 10.8% of ATP in August 2020 and 10.5% in August 2019.