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As Americans Watch Gas Prices Rise, They Re-commit To Buying Trucks

A new study by Auto Pacific shows that fuel prices aren t likely to impact truck and SUV sales. ....

United States , Ed Kim , Honda Suvs , Auto Pacific , Gas Prices ,

VW's new Tiguan shows the steep climb ahead for EVs like the ID.4


VW s new Tiguan shows the steep climb ahead for EVs like the ID.4
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Farmington Hills General Motors and Volkswagen say their future is electric. The two manufacturing behemoths have set ambitious goals to produce only battery-powered vehicles by 2035.
But the latest model of VW’s best-selling vehicle introduced here the 2022, gas-powered Tiguan compact SUV shows how steep the road is ahead.
The new Tiguan, with an estimated base price of $26,000, will go on sale this fall alongside VW’s first global EV, the similarly-sized $41,000 ID.4. Even with the temporary federal $7,500 tax break for buying an electric vehicle, that’s a yawning $7,500 price difference in America s most competitive SUV segment. With 398 miles of EPA-estimated range, the Tiguan dwarfs ID.4’s 250 miles of battery range. ....

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PEP pedals hard to recreate glory years: investor update


PEP pedals hard to recreate glory years: investor update
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The pandemic hasn’t slowed deal activity at Australia’s biggest private equity firm Pacific Equity Partners.
In a rare glimpse into PEP’s thinking, Street Talk has obtained the firm’s “commercial in confidence” March quarter update to investors which gives a full briefing on each of the firm’s portfolio companies and the performance of its funds.
The quarterly update makes it clear PEP’s focus hasn’t changed, despite wild swings in economic conditions, unprecedented fiscal stimulus packages in Australia and offshore and expectations that borders could be closed for normal travel purposes for some time yet. ....

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