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 »
Many of us want to take to the Internet to buy a new car. Well, as it turns out, in an innovative move set to reshape the car-buying experience, Hyundai 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 »
BMW has reported a remarkable surge in the sales of its electric vehicles (EVs) during the third quarter of 2023. According to the company’s statement released on Tuesday, the sales 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 »
In a continuing trend, the United States is experiencing a surge in new vehicle sales, marking the sixth consecutive month of growth. This optimistic projection is rooted in robust demand, Full Article »
In August, the United States is gearing up for a notable surge in new vehicle sales, as detailed in a recent report by industry experts. The driving forces behind this Full Article »
According to a recent study conducted by Energy Innovation, a nonpartisan energy and environmental policy firm, leasing an electric vehicle (EV) stands out as the most cost-effective approach to acquiring Full Article »
The seemingly excessive number of electric vehicles (EVs) on dealership lots isn’t indicative of dwindling demand; instead, it’s a result of the EV market’s rapid growth causing temporary imbalances, as Full Article »
Honda has recently unveiled its impressive financial results for the first quarter of the year. The company experienced a remarkable surge in quarterly profit, boasting a substantial 78% increase. This Full Article »
Subaru has set ambitious goals for the future of its electric vehicle (EV) offerings. By 2030, the company aims to achieve annual sales of 600,000 battery electric vehicles, which would Full Article »
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 »
