General Motors (GM) is experiencing a notable resurgence in 2024. The automaker posted impressive third-quarter earnings that exceeded expectations, highlighting its resilience in a volatile economic landscape. With the consumer Full Article »
The U.S. auto industry is experiencing a slowdown in growth for the third quarter of 2024, with new vehicle sales projected to rise by just 0.2% compared to last year, Full Article »
The automotive industry in the United States has seen a significant rise in the average price of new vehicles, approaching the $50,000 mark. This trend is exemplified by General Motors Full Article »
The average age of vehicles in the U.S. has reached a new high of 12.6 years in 2024. This milestone reflects a trend where owners hold on to their cars, Full Article »
In February, U.S. Tesla registrations experienced a shocking decline, plummeting by 25 percent compared to the same period last year. This downturn had a ripple effect, dragging down the broader Full Article »
Car ownership has long been synonymous with the American way of life, embodying notions of freedom, independence, and even rebellion, while also serving as a practical necessity. However, in 2024, Full Article »
In the first quarter of 2024, automotive sales in the United States experienced a notable uptick of nearly 5%, indicating a resilient market despite elevated interest rates. However, the growth Full Article »
Tesla faced a slight setback in the opening quarter of 2024 as its sales plummeted by nearly 9% compared to the same period last year. This decline comes amidst a Full Article »
Nissan has outlined an ambitious plan to roll out 30 new models worldwide by March 2027, with a sharp focus on electric vehicles (EVs). This announcement is part of its Full Article »
In 2023, the automotive landscape witnessed a shift in production dynamics, with the Tesla Model Y emerging as the most-produced vehicle worldwide, according to a study by French EV research Full Article »
Dealerships in the U.S. are grappling with a mix of sentiments regarding the collaboration between Hyundai Motor and Amazon, contemplating its potential impact on the car-buying landscape and its Full Article »
Toyota has solidified its position as the world’s leading automaker for the fourth consecutive year, with record-breaking sales of 11.2 million vehicles in 2023. Despite this achievement, the company’s chairman, Full Article »
General Motors (GM) has reported a dip in pre-tax profit for the fourth quarter, but despite this, the company remains optimistic about its prospects for 2024, buoyed by what it Full Article »
Last year we rejoiced as we reported on the idea of the government putting a stop to the deceptive tactics of shady dealerships and their junk fees. However, the U.S. Full Article »
Toyota is setting out to hit a major milestone in 2024, aiming to produce over 10.3 million vehicles globally. This ambitious goal would mark a consecutive yearly record for the Full Article »