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Automotive

Top 20 Best Selling Vehicles of 2023

Top 20 Best Selling Vehicles of 2023

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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 »

Automotive

US Auto Industry Captures Best Sales Year Since Pandemic as GM Edges Past Toyota for Top-Selling Automaker in America

US Auto Industry Captures Best Sales Year Since Pandemic as GM Edges Past Toyota for Top-Selling Automaker in America

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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 »

Automotive

Tesla Deliveries for 2023 Beat Estimates Thanks to Year-End Push & Incentives

Tesla Deliveries for 2023 Beat Estimates Thanks to Year-End Push & Incentives

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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 »

Automotive

More American Consumers Buying Hybrids as EV Sales Slow
Dec 21, 2023 Ξ Comments Off on More American Consumers Buying Hybrids as EV Sales Slow

More American Consumers Buying Hybrids as EV Sales Slow

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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 »

Automotive

New US Vehicles Set Fuel Economy Record for 2022 as EV Sales Increase
Dec 20, 2023 Ξ Comments Off on New US Vehicles Set Fuel Economy Record for 2022 as EV Sales Increase

New US Vehicles Set Fuel Economy Record for 2022 as EV Sales Increase

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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 »

Automotive

U.S. Federal Trade Commission Finalizes Car-Buying Rules Limiting Junk Fees & Shady Tactics
Dec 12, 2023 Ξ Comments Off on U.S. Federal Trade Commission Finalizes Car-Buying Rules Limiting Junk Fees & Shady Tactics

U.S. Federal Trade Commission Finalizes Car-Buying Rules Limiting Junk Fees & Shady Tactics

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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 »

Automotive

Consumers on Pace to Buy 1.9 Million Electric Vehicles in US during 2023, 14 Million EVs Globally
Dec 6, 2023 Ξ Comments Off on Consumers on Pace to Buy 1.9 Million Electric Vehicles in US during 2023, 14 Million EVs Globally

Consumers on Pace to Buy 1.9 Million Electric Vehicles in US during 2023, 14 Million EVs Globally

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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 »

Automotive

Electric Vehicle Sales in US To Hit Record 9% of all Passenger Vehicles Sold This Year, Lags Behind China and Germany
Nov 25, 2023 Ξ Comments Off on Electric Vehicle Sales in US To Hit Record 9% of all Passenger Vehicles Sold This Year, Lags Behind China and Germany

Electric Vehicle Sales in US To Hit Record 9% of all Passenger Vehicles Sold This Year, Lags Behind China and Germany

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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 »

Automotive

New Vehicle Sales Rise for November from Strong Demand
Nov 24, 2023 Ξ Comments Off on New Vehicle Sales Rise for November from Strong Demand

New Vehicle Sales Rise for November from Strong Demand

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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 »

Automotive

Hyundai and Kia See Strong Demand for EVs Despite Inflation Challenges and Rival Concerns
Nov 18, 2023 Ξ Comments Off on Hyundai and Kia See Strong Demand for EVs Despite Inflation Challenges and Rival Concerns

Hyundai and Kia See Strong Demand for EVs Despite Inflation Challenges and Rival Concerns

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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 »

Automotive

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023
Nov 8, 2023 Ξ Comments Off on Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023

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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 »

Automotive

Report: U.S. Auto Sales Take a Hit from High Prices and UAW Strike Impact
Nov 6, 2023 Ξ Comments Off on Report: U.S. Auto Sales Take a Hit from High Prices and UAW Strike Impact

Report: U.S. Auto Sales Take a Hit from High Prices and UAW Strike Impact

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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 »

Automotive

Several Major Automakers US Sales Rise in Q3 but Challenges Loom
Oct 3, 2023 Ξ Comments Off on Several Major Automakers US Sales Rise in Q3 but Challenges Loom

Several Major Automakers US Sales Rise in Q3 but Challenges Loom

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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 »

Automotive

GM Q3 US Sales Rise 21% Fueled by SUV and Truck Demand
Oct 3, 2023 Ξ Comments Off on GM Q3 US Sales Rise 21% Fueled by SUV and Truck Demand

GM Q3 US Sales Rise 21% Fueled by SUV and Truck Demand

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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 »

Automotive

Tesla Missed Market Estimates for Q3 Vehicle Deliveries, Shares Slump Slightly
Oct 2, 2023 Ξ Comments Off on Tesla Missed Market Estimates for Q3 Vehicle Deliveries, Shares Slump Slightly

Tesla Missed Market Estimates for Q3 Vehicle Deliveries, Shares Slump Slightly

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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 »

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