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New Study Finds Tesla the “Most American-Made” Brand – But Foreign Marques Dominate

New Study Finds Tesla the “Most American-Made” Brand – But Foreign Marques Dominate

Tesla leads the list of the most “American-made” vehicles, with three of its product lines in the top 10, according to a new study. With one exception, the rest of that list was dominated by European and Japanese manufacturers.

Lucid Trimming Jobs – And More Cuts Are Coming in the EV Sector

Lucid Trimming Jobs – And More Cuts Are Coming in the EV Sector

Struggling battery-electric start-up Lucid Group will cut 400 jobs as it tries to slash mounting financial woes. It’s far from the only EV manufacturer responding to slowing sales growth by trimming its workforce, however. And still more cuts are expected to follow in the months ahead.

Little Mitsubishi Has Big Plans for the U.S.

Little Mitsubishi Has Big Plans for the U.S.

Mitsubishi…remember it? Going back a couple decades, it was a rising star in the U.S. market. Now, it hopes to make a real comeback with its 5-year Momentum 2030 North America business plan. That will “start immediately,” the Japanese automaker says, with an assortment of new and completely refreshed vehicles heading to American showrooms — including EVs, plug-ins and conventional hybrids.

March Auto Sales Look Strong – But Affordability Remains an Issue

March Auto Sales Look Strong – But Affordability Remains an Issue

After an uncertain start, U.S. auto sales showed solid momentum in March, with big gains by Japan’s big three and record numbers from Hyundai – which was charged up by EV demand. But Tesla posted a rare sales slid and GM lost ground during the first quarter. Meanwhile, high transaction prices continue to keep many buyers out of the market.