Wholesale values closed the first half of 2026 above year-ago levels as the market eased from its March peak, while used electric-vehicle prices extended their lead over the broader market. Wholesale used-vehicle prices finished the first half of 2026 above year-ago levels, with the Manheim Used Vehicle Value Index rising 2.1% from June 2025 even […]
Polestar Refocuses on Europe After U.S. Denies Connected Vehicle Rule Authorization
Polestar will stop selling new model-year vehicles in the United States after the U.S. Department of Commerce’s Bureau of Industry and Security declined to grant the Swedish electric vehicle maker an authorization under the federal Connected Vehicle Rule, the company said June 25. The decision bars Polestar from selling vehicles in the U.S. from model […]
Manheim Used Vehicle Value Index Rises 0.6% in Mid-June
Index climbs back toward its March peak as electric-vehicle values widen their lead over the broader market. Wholesale used-vehicle prices rose in the first half of June, lifting the Manheim Used Vehicle Value Index (MUVVI) to 213.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported June 17. The reading marked a 0.6% […]
Universal Technical Institute Completes Nationwide Rollout of Electric and Hybrid Vehicle Training
Universal Technical Institute (NYSE: UTI) has added battery hybrid electric vehicle and electric vehicle courses to every core Automotive Technology program it offers, making high-voltage vehicle training a standard part of the curriculum at its campuses across the country. The move feeds an automotive service workforce that the collision repair and claims industries increasingly depend […]
Lucid Begins Hands-Free Highway Driving Rollout for Gravity SUV
Lucid Group Inc. (NASDAQ: LCID) has begun deploying an over-the-air software update for its Gravity SUV that adds hands-free highway driving in North America, the centerpiece of a broader release that also revises the electric SUV’s navigation, headlights and charging functions. The hands-free capability runs through DreamDrive 2 Pro, an optional driver-assistance package that supports […]
Manheim Used Vehicle Value Index Edges Up 0.3% in May
Index holds above year-ago levels as electric-vehicle values keep outpacing the broader market. Wholesale used-vehicle prices edged higher in May, but the gain trailed the typical seasonal move as values normalized from a strong start to the year. The Manheim Used Vehicle Value Index (MUVVI) rose 0.3% from April to 212.6 on a mix-, mileage- […]
Manheim Used Vehicle Value Index Edges Higher in Mid-May
Index was up both month-over-month and year-over-year. Wholesale used-vehicle prices ticked up in the first half of May, with the Manheim Used Vehicle Value Index rising 0.5% from April on a mix-, mileage- and seasonally adjusted basis and holding 3.8% above year-ago levels, Cox Automotive reported May 20. The index reached 213.1 through May 15, […]
Mitchell Reports Mild Hybrid Collision Claims Hit Record High in Q1 as BEV Claims Level Off
Mild hybrid electric vehicle collision claims reached an all-time high in North America during the first quarter while battery electric vehicle claim frequency held flat, according to Mitchell’s Q1 2026 Plugged-In: EV Collision Insights report released May 14. Repairable collision claims involving MHEVs jumped to 5.69% in the U.S. and 5.28% in Canada, representing year-over-year […]
Tesla Model Y First to Pass NHTSA’s New ADAS Pass/Fail Tests
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced that the 2026 Tesla Model Y “later release” build is the first vehicle to meet the agency’s new pass/fail benchmark for advanced driver assistance systems (ADAS) under the updated New Car Assessment Program (NCAP). The four new ADAS tests — pedestrian automatic emergency […]
AAA Study Finds Cold Weather Cuts EV Range 39%, Hybrid Fuel Economy 23%
Companion research shows consumer purchase sentiment migrates toward hybrid vehicles. Extreme temperatures sharply reduce the efficiency of electric vehicles and hybrids and drive up operating costs, with cold weather hitting both powertrains harder than heat, according to research released May 1 by AAA. AAA’s automotive engineering team, working with the Automobile Club of Southern California’s […]
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