This information that follows is taken from sources including The Car Connection, Autoweek, Green Car Reports, and other industry sources.
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Chinese automaker BYD again logged higher new-car registrations in Europe last month, as it continues to expand in the continent amid pressure in its home market. New-car registrations for BYD models, a reflection of sales, increased to 17,470 vehicles from 5,695 vehicles in October 2024, according to the European Automobile Manufacturers’ Association, an industry body also known as ACEA.
Source: Wall Street JournalVolkswagen plans to expand exports of vehicles developed and built in China to additional overseas markets as it seeks to strengthen its position against fast-growing Chinese competitors. The automaker confirmed Tuesday that it is evaluating opportunities in Southeast Asia and Central Asia after recently beginning shipments of China-made petrol sedans to the Middle East. Thomas Ulbrich, chief technology officer of Volkswagen Group China, said the effort is part of a coordinated decision-making process with the company’s German headquarters to ensure each market receives the appropriate vehicle portfolio.
Source: CBT NewsStellantis Chairman John Elkann on Tuesday warned the European auto industry risks an "irreversible decline" if the European Union does not soften its stance on cuts in carbon emissions to grant automakers more flexibility. The European Commission is due to present a package of proposals for its scheduled review of EU carbon emissions regulation for the auto industry on December 10.
Source: Reuters
BMW is weighing adding range extenders to some of its vehicles amid growing demand for the technology popularized by its Chinese rivals, according to people familiar with the company’s strategy. The company may make range-extender versions of top-end models such as the X5 SUV and 7-Series sedan, as they are large enough to incorporate a small engine, the people said, asking not to be identified as the deliberations are private. BMW may become the first German automaker to offer the technology, which is not yet widely available in Europe.
Source: Bloomberg via Automotive News
Artificial intelligence seems to have permeated most every aspect of modern life, and car buying is apparently no exception, but the tech often leads to local dealer business. Automotive classifieds website Cars.com – which itself recently launched an AI search tool named Carson – said a survey it conducted this month of recent car shoppers and buyers showed nearly half use AI search tools in their market research. The 44% of more than 900 survey respondents who said they do so use AI to find and compare models that meet their needs; get price estimates; and answer questions about specific models, Cars.com said.
Source: Auto Dealer Today
Resell Calendar reports that a savvy 2024 Cadillac Escalade-V owner reportedly transformed a temporary glitch in GM's rewards platform into a significant payday, allegedly wiping out a $59,370 loan balance on the supercharged SUV without spending a dime. This stunning feat exploited a now-closed loophole in the GM Rewards program, allowing users to generate massive point balances and apply them directly to GM Financial auto loans. The incident highlights a system failure that allowed some owners to effectively print their own vehicle discounts.
The method was deceptively simple. For a short time, the GM Rewards program offered promotional points - typically 13,000 to 16,000 per account - for completing minor tasks like watching videos. The critical flaw emerged when users discovered the system permitted instant, unrestricted point transfers between accounts. This enabled individuals to create multiple accounts, farm the free points, and consolidate them all into a single account with a GM Financial loan attached. One owner, whose story went viral, allegedly amassed 5,937,000 points this way. The owner of the paid-off Cadillac Escalade-V gamed the system, but one could argue that he simply followed the rules of the program as they were written
General Motors has since shut down the promotional offers, effectively closing the loophole. The company appears to have absorbed the financial hit rather than attempt to claw back the points or reverse the loan payments, a move that would likely spark significant customer backlash and legal challenges. This isn't the first time a corporate rewards program has suffered from such an exploit, but the automotive context - where points directly erase debt instead of being spent on costly merchandise - made the stakes exceptionally high.
General Motors has since shut down the promotional offers, effectively closing the loophole. The company appears to have absorbed the financial hit rather than attempt to claw back the points or reverse the loan payments, a move that would likely spark significant customer backlash and legal challenges. This isn't the first time a corporate rewards program has suffered from such an exploit, but the automotive context - where points directly erase debt instead of being spent on costly merchandise - made the stakes exceptionally high.
Source: GM Authority
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