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Canada is rumored to remove tariffs on Chinese electric cars soon, as Prime Minister Mark Carney is set to meet with Chinese President Xi Jinping later this week.
This would likely lead to the biggest shake-up in the EV space in North America after the US killing its EV incentives. Last year, Canada followed the US in imposing 100% tariffs on electric vehicles coming from China. it was a short-sighted move as it mainly helped the US auto industry while the US government quickly turned hostile on trade with its northern neighbor.
In China, the rumors point to the country removing restrictions on Canadian canola and pork in exchange for Canada eliminating tariffs on Chinese EVs.
via Electrek
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Japanese brands tend to have the best value retention, according to US News, which compiled a list of the 14 vehicles that lose value the slowest.
The data is specific to 2022 model-year vehicles, comparing the value when purchased new with the trade-in or resale value today. Toyota, unsurprisingly, dominates the list. Of the 14 vehicles that hold their value best, the Japanese automaker makes nine.
The Toyota Corolla Cross has the best retained value, losing only 2.63 percent over three years. The Toyota 4Runner (4.85 percent), Toyota C-HR (4.89 percent), Subaru Crosstrek (4.90 percent), and Toyota Tacoma (5.34 percent) round out the top five.
via Autoblog
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Back in June 2020, Ford announced that it planned on becoming carbon neutral across its entire global operations by 2050 removal.
Much has changed over the past five-plus years, but Ford recently reaffirmed its commitment to achieving this goal, regardless.
“Ford’s commitment extends beyond our vehicles,” Bob Holycross, Ford’s Vice President, Chief Sustainability, Environment and Safety Officer said. “Our manufacturing sites are models of innovation, conserving water, reducing waste, recycling materials and improving energy efficiency. By 2027, all manufacturing in Michigan will be powered by the equivalent of 100 percent carbon-free electricity, including wind and solar.”
via Ford Authority
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The average destination fee, once a few hundred dollars, now regularly exceeds $1,500 and can top $2,000 for larger models such as the Jeep Wagoneer. The average fee has risen far faster than inflation over the past decade — from roughly $839 in 2011 to more than $1,200 by 2020, with continued increases since.
Automakers say the fees cover rising freight and logistics costs as vehicles get larger and heavier, limiting how many can fit on a carrier or railcar.
Consumer advocates counter that the lack of transparency around how the fees are calculated allows manufacturers to quietly boost profits. Many car ads list prices excluding destination charges, leaving buyers surprised when they see the final invoice.
via Consumer Affairs
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Reprinted with permission from Linxup – Image: Linxup
By Maria Coleman, Senior Content Marketing Manager, Linxup
As GPS tracking becomes standard in fleet management and field service workflows, companies that play their cards right are discovering new ways to transform how they communicate with their clients — and this trick doesn’t require lady luck.
It’s actually simple, which is why we chatted with Joe Marcotte, our very own senior director of product management at Linxup about the relationship between GPS fleet tracking and customer communication.
“If a first time customer doesn’t have a good experience, they likely won’t call you again…That’s why we focus on showing service businesses how simple communication tools and tracking on-site time can really help the customer experience over time.”
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By Ed Pierce, Editor, Fleet Management Weekly
If you sell into the automotive fleet ecosystem, you already know the buyers are busy, skeptical, and under pressure to deliver measurable results. They don’t have time for vague promises. What does break through? Real stories.
This isn’t just a creative preference; it’s how B2B buyers evaluate risk. That’s because stories compress due diligence into a single, digestible asset: they name the problem, explain the intervention, and prove the impact.
If you haven’t made customer stories a top-three priority this quarter, you’re likely ceding the shortlist to suppliers who have.
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By Richard Mallek, Director of Business Development, FLD Remarketing
At FLD, we understand the challenges today’s work fleets face when it comes to remarketing. That’s because remarketing work vehicles and equipment is essentially all we do – or have ever done – representing over 95% of our remarketing transactions.
We’re work fleet experts – our entire team is dedicated to truly understanding the sophisticated nature of today’s work vehicles and equipment. And to offering our customers the fastest, easiest way to sell them in one seamless, seriously simple transaction.
Besides being work fleet experts, we strive to be good people first. And to build genuine relationships with our customers that last years. Fleets know they not only can count on FLD, but that they can trust us to do the right thing.
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