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JULY 26, 2023
‘Car Wars’ Report Sees More EVs, CUVs in U.S. Market Mix
Automakers continue bringing new electrified vehicles to market despite “uncertainty around consumer adoption of EVs,” the Bank of America study says.
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Volvo Cars Looks for BEVs’ Low Margins to Improve
One area of concern is the fall in profit margins of BEVs versus Volvo’s internal-combustion vehicles: down to just 3% compared to 21% for the ICE cars.
AutoNation Down but Not Out
Acquisitions, new tools offer “an opportunity,” AutoNation CEO Mike Manley says.
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