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Expert says a move away from ICE models could lift BEV and ICE markets for a time.
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Expects weakened U.S. market in the spring.
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Figures based on latest Kelley Blue Book average transaction price data.
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Since early 2021, over 17,000 VW customers have paid for repairs over time with Sunbit technology.
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Goldman Sachs, JPMorgan, Chase & Co., Citigroup and Deutsche Bank analysts rated the luxury automaker as a buy or equivalent this week.
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The Japanese automaker forecasts operating profit for the fiscal year will hit 360 billion yen ($2.5 billion), up 100 billion yen from its July forecast.
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Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).
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Honda CFO says sales-service plan still being worked out.
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The Estimated Average Weekly Sales Rate dropped to 53% last week.
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