There are a variety of problems slowing the growth of battery-electric vehicle sales. But as the range of the typical EV grows, while new models are coming in at more affordable prices, the lack of a viable public charging network is becoming the most serious headache for both EV owners and potential buyers.
Hackers blurred the sales picture for June. But it appears that overall demand was less than stellar, major brands like GM, Toyota and Hyundai reporting modest declines for the second quarter overall. That said, EV sales were stronger than anticipated — with one key exception.
Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
Ford posts double-digit sales gain during May as EV and hybrids attract buyers.
Automakers post strong May sales numbers as they prepare for summer sales surge. Toyota and Lexus have strong showing while Kia and Hyundai bank on EVs.
President Joe Biden announces sweeping tariffs on Chinese goods as an ongoing trade war between China and the United States enters a key period with the outcome of the 2024 U.S. presidential election potentially becoming important wild card play.
Ford Motor Co. set a monthly record for sales of hybrid vehicles during April as its sales slipped last month as sales of the full-size F-150 pickup weakened.
The expanding popularity of electrified vehicles, particularly hybrids, continues to help boost sales of new vehicles amid growing signs consumers are switching to smaller, more affordable vehicles in the face of rising prices and the highest interest rates in nearly a quarter of a century.
Tesla face new challenges from unions and environmentalists as the company’s sales and reputation begin to slip in Europe amid the expanding conflicts in Scandinavia and Germany.
General Motors faces big challenges in China, but Mary Barra says GM will stay the course despite the risks that the company faces due to the recent growth of Chinese automakers.
At Volkswagen, the United Auto Workers has succeeded organizing workers in the South for the first time and the union is now preparing for a vote at Mercedes-Benz in Alabama while pushing for a new, richer contract at Daimler Truck.
UAW achieves key victory in the Southern U.S. with historic membership vote at VW’s Chattanooga, Tennessee assembly plant. This vote could give the union more momentum in its push to expand representation in hotly contested region