The year 2023 proved to be quite interesting as we set out on a course of normality outside of the dreadful years of COVID that we’ve thankfully lived through. From Full Article »
During 2023, the U.S. auto industry experienced a rebound, marking its best sales year since the onset of the pandemic. General Motors (GM) successfully surpassed its competitor, Toyota, securing its Full Article »
Tesla exceeded expectations for fourth-quarter deliveries in 2023, attributing the success to a concerted effort to expedite the handover of Model 3 electric cars before certain variants lost federal tax Full Article »
In the current landscape of the American automotive market, a noteworthy trend is emerging as consumers display a growing inclination towards gas-electric hybrids, even as electric vehicle (EV) sales witness Full Article »
The United States witnessed a notable surge in fuel efficiency among new vehicles in 2022, reaching an unprecedented milestone. The data, released by the Environmental Protection Agency (EPA), revealed that Full Article »
The U.S. Federal Trade Commission (FTC) has implemented new rules aimed at reforming the car-buying process and curbing deceptive practices within the auto industry. The regulations, first announced in 2022 Full Article »
In the rapidly evolving landscape of the automotive industry, electric vehicles (EVs) are marking significant milestones, with a projected 14 million units set to be sold globally in 2023—a remarkable Full Article »
The electric vehicle (EV) market in the United States is poised to achieve a historic milestone this year, with projections indicating that EV sales will reach a record 9% of Full Article »
In November, the United States anticipates a surge in new vehicle sales, marking a 10.2% increase from the previous year, according to a report by industry consultants J.D. Power and Full Article »
Hyundai and Kia are experiencing robust demand for electric vehicles (EVs) in the United States, according to senior executives who spoke to Reuters ahead of the Los Angeles Auto Show. Full Article »
In the third quarter of 2023 Lucid Motors faced some financial challenges as it looks like they are losing 6-figures for every vehicle they sold during such a time. According Full Article »
The U.S. auto industry is experiencing a slowdown in retail demand for new vehicles, primarily attributed to high interest rates and elevated prices. Despite some rebounding in inventories and incentives, Full Article »
In the third quarter of the year, several major automakers in the United States have seen an increase in their sales figures. Analysts are optimistic about the industry’s performance, projecting Full Article »
General Motors (GM) announced an impressive 21% surge in its third-quarter U.S. auto sales, marking a notable rebound compared to the same period the previous year. The company attributed this Full Article »
Tesla fell short of market expectations for its third-quarter vehicle deliveries due to production disruptions caused by planned factory shutdowns. This unexpected setback led to a 3.7% decline in Tesla’s Full Article »