automarket

🇮🇳 INDIA CUTS CAR IMPORT TAXES FROM EU
$GPS
India is set to reduce import taxes on cars from EU countries, cutting rates from as high as 110% down to 40% — the biggest step yet in opening its massive auto market. This move could be announced soon as India and the EU reveal the new trade deal.
$RESOLV
📌 This is a major bullish signal for auto makers and international car brands entering India.
$DOLO
#India #EU #AutoMarket #CarImports #Mag7Earnings

USED EV SALES SURGE 59% AS FEDERAL CREDIT DEADLINE LOOMS ⚡🚗

U.S. buyers rushed to lock in the $7,500 used EV tax credit before its Sept. 30 expiration, sending used EV sales up 59% YoY in August.

📊 40,960 used EVs sold in August
💲 Avg. price: $34,700 — near parity with gas cars
🚘 Tesla leads, with 1 in 10 cars sold on Carvana now EV/hybrid
🏷️ Tesla also launched $0 down leases on used Model 3 & Y in CA & TX

With Amazon entering the used car market across 68 cities, competition is heating up. As the deadline nears, demand for used EVs is only accelerating.


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#EVSales #ElectricVehicles #Tesla #CleanEnergy #AutoMarket