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Month: September 2024

Over-the-Air Updates Paying Off for Millions of Motorists

Over-the-Air Updates Paying Off for Millions of Motorists

Most of today’s new vehicles come equipped with the capability of handling smartphone-style over-the-air updates. It’s paying off in multiple ways, allowing manufacturers to update EV range, the fuel economy of gas vehicles, add features to infotainment systems and improve safety systems. But OTA capabilities vary widely from one vehicle to another.

Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s ongoing challenges have apparently reached critical mass with the company confirming that the Volkswagen brand has only a few years remaining to turn things around before it reaches the point of no return. Stunning admission comes as the company continues to navigate its way through challenging times.

Think EVs Are Expensive? Check the Cost of the Average a Plug-In Hybrid

Think EVs Are Expensive? Check the Cost of the Average a Plug-In Hybrid

As the growth of EV sales has slowed in recent months, automakers have begun looking at electrified alternatives, many betting that plug-in hybrids will become a “bridge” technology for motorists not quite ready to commit to an EV. But if you think battery-electric vehicles are expensive you may be shocked by what the typical PHEV costs – an average of more than $60,000. Then again, there are a few surprisingly affordable one.

August Brought Unexpectedly Strong Auto Sales – Boosted by EVs

August Brought Unexpectedly Strong Auto Sales – Boosted by EVs

Solid sales gains in August point to a robust finish for the year as fear of a recessions in the auto business recede, interest rate cut looms on the horizon, and buyers take a closer look at hybrids and newer EVs. Sales of new cars and trucks continued to gain...