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The release of more than half of new cars was postponed to 2023

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A new study from PwC Consulting found that 34% of new cars will face production delays in 2023. A further 21% suffered delays “due to other factors”, accounting for more than half of the new cars expected to go on sale this year.

PWC cited labor shortages, quality standards, supply chain issues and new electric vehicles as the main reasons for production delays. When determining production delay, the actual production start date was compared with the planned production start date.

Delays could cost the automaker about $200 million annually, according to a PwC analysis. This could lead to industry-wide losses ranging from $30 billion to $50 billion. In 2018, only 5% of new cars experienced production delays, and another 18% were affected by other factors. In 2017, these figures were 0% and 13%, respectively.

The release of more than half of new cars was postponed to 2023

Despite the rise in delays since the pandemic, automakers also successfully completed 45% of their new vehicle launches in 2023, the highest since 2019. That figure dropped to 30% in 2022, with 39% of cars experiencing production delays. Automakers produced 77% of their new vehicles as planned in 2018 and 87% in 2017.

The PwC report expects the production decline to widen through 2026 as automakers plan to produce nearly twice as many electric vehicles by then. The consulting firm expects companies to delay 20% to 40% of new vehicle launches between now and 2026.

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Hyundai Creta N Line 2024 sports car declassified

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Hyundai Creta N Line 2024 sports car declassified

The sportiest version of the recently updated Hyundai Creta crossover has been declassified in India: orders for the Hyundai Creta N Line 2024 in the local market are already being accepted, but the official premiere will take place on March 11.

Hyundai Creta N Line 2024 sports car declassified

Judging by the photo, the crossover received more aggressive bumpers, a different radiator grille, and red accents on the body and interior design. Wheels will be 18 inches. According to Autocar India, the car will be offered in two trim levels: base and top-end. Accordingly, the first will have a manual gearbox, the second will have a robotic one. But there is only one engine – the most powerful: a 1.5-liter gasoline turbo engine with 160 hp.

Hyundai Creta N Line 2024 sports car declassified

Hyundai Creta N Line 2024 sports car declassified

Prices will be announced on the day of the premiere, but it is already clear that the Creta N Line will be the most expensive in the lineup.

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“It is always copied, but never surpassed.” The brainchild of BYD and Mercedes-Benz and the best-selling car in the class in China – Denza D9 – will be presented in a new body on March 6

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It is always copied but never surpassed The brainchild of

The official announcement of the new Denza D9 BYD 2024 model year car will take place on March 6, while the manufacturer stated during the presentation announcement that “it is always copied, but cannot be surpassed.”

Denza D9 goes on sale in October 2022. Last January, it won the luxury MPV category with a price tag of over $42,000. Officials said that cleared the way for the full 2023 title to be won. Last October, it became the fastest luxury minivan to reach 100,000 units.

“It is always copied, but never surpassed.”  The brainchild of BYD and Mercedes-Benz and the best-selling car in the class in China - Denza D9 - will be presented in a new body on March 6

At the beginning of the year, BYD announced that the Denza D9 model became the best-selling minivan in the Chinese market across all price categories, with cumulative sales of 119,182 units from January to December 2023. Officials also said the Denza D9 “single-handedly reversed the downward trend in the minivan market since 2017.”

Dimensions BYD Denza D9 – 5250 x 1960 x 1920 mm, wheelbase – 3100 mm. The equipment includes seven screens, separate seats on the second row with electrical adjustments, ventilation, heating and massage, 50-watt wireless charging for a smartphone. Buyers have access to pure electric and hybrid versions with a power reserve of 600+ and 1000+ km, respectively.

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The updated Hyundai Staria 2024 was presented. It received a 245-horsepower engine with a consumption of only 7.7 l/100 km

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The updated Hyundai Staria 2024 was presented It received a

According to Carscoops, Hyundai has launched the Hyundai Staria 2024 minivan on the home market with a new power plant – a hybrid. It has a 1.6-liter gasoline turbo engine with 180 hp. combined with an electric motor with a power of 73 hp, as well as a 6-speed automatic transmission. The total is 245 hp. and 367 Nm of torque. And in terms of the last parameter, the hybrid is superior to the version with a 3.5-liter V6 engine. And naturally, the hybrid is economical: average consumption is only 7.7 l/100 km, which is quite a bit for a car with a length of 5255 mm and a weight of 2220 kg.

The updated Hyundai Staria 2024 was presented. It received a 245-horsepower engine with a consumption of only 7.7 l/100 km

Externally, the hybrid is no different from the versions with internal combustion engines. This engine is installed on both cargo-passenger versions of Staria (LCV, for 3 or 5 people) and passenger versions (Tourer, for 9 or 11 seats). The car is equipped with a digital instrument panel, a media system with a 10.25-inch screen, climate control, ventilated and heated seats, and parking sensors.

The updated Hyundai Staria 2024 was presented. It received a 245-horsepower engine with a consumption of only 7.7 l/100 km

The cost of the hybrid Hyundai Staria 2024 is $25,711 (LCV version) or $27,364 (Tourer). Over time, a car with a new power plant will appear in foreign markets outside of South Korea.

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