The market share for EVs will decrease to 5.2%, J.D. Power predicts, as automakers steer back to more profitable gasoline and hybrid models, analysts say.
Carlos Tavares predicts Musk will opt to prioritize other pursuits and that Tesla may not exist in 10 years as it will be “beaten by BYD’s efficiency.” ...
Great Wall will expand its Haval SUV subbrand into new markets in Europe and will also launch new urban passener cars under its Ora badge.
The market share for EVs will decrease to 5.2%, J.D. Power predicts, as automakers steer back to more profitable gasoline and hybrid models, analysts say.
Tesla won the monthly title for full-electric vehicle sales the first time since June, outpacing VW, Skoda and BMW despite a decline in volume.
Stellantis, Renault, Jaguar Land Rover, Volvo, Nissan and Porsche have new bosses, underlining the intense pressure CEOs are under to improve their companies’ finances — or start looking for a new job ...
Destination charges often are reflected as a line item on a vehicle’s sticker and are non-negotiable. (AUTOMOTIVE NEWS FILE PHOTO) ...
These days the auto industry faces numerous crises on multiple fronts and the challenges aren’t going away anytime soon.
Net income decreased 18 percent year-over-year to $101 million, while revenue increased 7.7 percent to $655.2 million.
GM’s new driver-assistance system for both hands-free and eyes-off driving will start with one vehicle on highways only when it arrives in 2028.
A GM spokesperson called the Oct. 22 fire “isolated” and said in a statement that it “was contained to a single design concept vehicle.” ...
Average backlogs at used-vehicle dealerships stood at 46 days in September, unchanged from August, as government trade-in subsidies kept boosting supply, a trade group said.
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