Automakers post strong sales for July as the industry still deals with high interest rates and the aftershocks from the CDK computer hack.
Joseph Szczesny
Public Charging Headaches Frustrate Potential EV Buyers
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 Hijack June Sales, Automakers Report Mixed Sales Picture
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.
Flexibility is Key, Stellantis CEO Tavares Tells Investors – Though “Arrogance” Almost Knocked it Down
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 In May, Hybrids and EVs Continue To Attract Buyers
Ford posts double-digit sales gain during May as EV and hybrids attract buyers.
Toyota, Honda, and Hyundai Report Strong Sales During May, Electrified Vehicles Leading The Way
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.
Biden Announces Sweeping Tariffs on Chinese Goods Including Electric Vehicles
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 Posts Record Month for Hybrid Vehicle Sales as the Company Also Deals with Decreasing F-150 Sales
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.
Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip
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 Faces Two Front Fight as it Confronts Protestors at Berlin Gigafactory and German Labor Unions
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 Posts Massive $100 Million Loss In Chinese Market, GM CEO Mary Barra Undeterred
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.
UAW Looking To Build on VW Victory With Vote at Mercedes-Benz’s Vance Plant, Daimler Truck Also In Crosshairs
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.