Amidst the conclusion of the global semiconductor shortage and the rise in interest rates, the demand for new cars is experiencing a decline, prompting dealers to adopt new strategies. A Full Article »
Luxury sports car manufacturer Lamborghini has been thriving with a record-breaking performance in sales during the first half of the year. In the period from January to June 2023, the Full Article »
On Tuesday, General Motors (GM) announced a positive change in its full-year profit forecast, largely due to its strategic plans to reduce investments in new products and implement cost-cutting measures. Full Article »
Ford’s electric vehicle (EV) ambitions are surpassing the current demand, as indicated by the company’s sales numbers, EV supply, and dealer sentiment. Ford seems to be facing a challenge of Full Article »
Carvana, a pioneer in the online used car marketplace, has recently released its list of the top ten best-selling electric vehicles (EVs) for the first half of 2023. The rankings Full Article »
Mercedes-Benz reported today a considerable increase in second quarter sales rising 6% year-on-year with a total of 515,700 vehicles sold. The increase in sales is a result of the high Full Article »
General Motors continues to extend its lead over Toyota in the US automotive market, driven by improved supply conditions and a strengthening market. General Motors (GM) has reaffirmed its position Full Article »
In the second quarter, new vehicle sales in the United States experienced a notable increase for leading global automakers. This rise can be attributed to the combination of improving supply Full Article »
In the second quarter of 2023, Tesla achieved a remarkable milestone by delivering a record-breaking number of vehicles. The company’s strategic move to reduce prices contributed significantly to the surge Full Article »
Tesla is expected to announce its highest-ever quarterly vehicle deliveries, driven by increased discounts and incentives to counter economic uncertainty and growing competition. Analysts anticipate Tesla to report global deliveries Full Article »
Ford and GM are experiencing a surge in demand for new vehicles from retail and commercial customers in the United States, surpassing initial expectations. This positive trend was highlighted by Full Article »
According to data from Experian, Tesla Inc. experienced a significant rebound in sales in the United States during the first four months of 2023. This growth was attributed to substantial Full Article »
According to a recent report from industry consultants, new vehicle sales in the United States are anticipated to experience an increase in May. This growth can be attributed to strong Full Article »
Finding an electric vehicle (EV) for a test drive and purchase can be a challenging task unless you have a clear idea of what you want and are prepared to Full Article »
The declining market share of franchised dealers in states like Washington and Colorado, which allow direct sales and follow California’s climate standards, is cutting into their potential profits. Tesla’s sales Full Article »
