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Vehicle price growth cools, Chrysler unveils Halcyon concept, Stellantis adopts NACS charging

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New vehicle prices remain inflated but has inched closer to MSRP values since last January thanks to stable demand and rising supply.
BMW X3 M by Andi Hendrick // Car and Driver

New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable demand. According to automotive data platform iSeeCars.com, last month’s average new vehicle price of $45,880 is higher than last January’s amount of $45,597, which, at the time, was 8.9% over MSRP. Read More

AutoNation reported a modest increase in Q4 revenue to $6.8 billion and maintained consistent full-year revenue at $26.9 billion.
AutoNation CEO Mike Manley

AutoNation, the second-largest car dealer in the United States, released its earnings on February 13, which included information about the company’s financial results for the fourth quarter and full year of 2023. Despite a challenging market climate, AutoNation reported a modest increase in Q4 revenue to $6.8 billion and maintained consistent full-year revenue at $26.9 billion. Read More

Chrysler unveiled the Halcyon Concept, a fully electric vehicle that embraces sustainability-driven exterior and interior design, full autonomy, personalized driving experiences, and futuristic technology.
Chrysler Halcyon concept // Car and Driver

On February 13, Chrysler unveiled the Halcyon Concept, a fully electric vehicle that embraces sustainability-driven exterior and interior design, full autonomy, personalized driving experiences, and futuristic technology. The concept vehicle reflects the Chrysler brand’s customer-focused seamless connectivity and “Harmony in Motion” ethos.  Read More

Stellantis will adopt Tesla's NACS in future EVs but has yet to clarify whether drivers will have access to the Supercharger network.Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug. NACS connectors are used in Superchargers, Tesla’s proprietary EV charging network. Last year, the company opened the standard up to other car manufacturers, offering competitors’ customers access to the Supercharger network provided the brand signed an agreement. Read More

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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