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Honda Motor said today that it posted an all-time sales record in 2023 with hybrid-electric vehicles leading US sales charts. The Honda CR-V hybrid SUV is the country’s best-selling hybrid model (197,317). The Accord hybrid sedan is the most popular hybrid-electric car (96,323). Last year, sales of Honda electrified models grew more than three-fold to set an all-time sales record with CR-V and Accord hybrid trims combining for 293,640 units, embodying more than 25% of total Honda brand sales.
“The success of our hybrid-electric sales in 2023 is an important building block toward our vision of 100% electrified vehicle sales by 2040,” said Lance Woelfer, assistant vice president of Honda National Auto Sales, American Honda Motor Co., Inc. “With the all-electric Honda Prologue and a new Civic hybrid coming this year, Honda will continue to increase our electrified sales in 2024 and beyond.” Continue reading
Valorauto Recycling Now Available to Private Owners
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Stellantis (NYSE: STLA) said today that its joint-venture with Galloo metal recycling, called VALORAUTO,* is now offering automotive recycling to private owners in France, Belgium and Luxembourg. This is an extension of the professional service that began in November 2023. It will make it possible to reduce the environmental impact of end-of-life vehicles and meet the automaker’s requirements in terms of Extended Producer Responsibility. VALORAUTO is part of Stellantis’ Circular Economy business strategy.
This is the result of a new French regulation (AGEC),** which requires manufacturers to provide solutions to manage the end-of-life of their products. Stellantis intends to set up its Individual System with VALORAUTO as its Service Provider. The VALORAUTO service will be offered to private owners not only in France but also in Belgium and Luxembourg in what looks to be an attempt to get out in front of an expansion of the regulation in the EU. Continue reading →