Tesla and GM are leading the charge in U.S. EV sales, with record numbers achieved just before federal incentives ended. Discover how the market is shifting and what it means for the future of electric vehicles!
As the $7,500 federal tax credit for electric vehicles nears its end, sales have surged. But what does the future hold for EVs? Analysts predict a significant downturn as automakers shift focus back to gas-powered cars.
Shoppers rush to buy electric vehicles as a $7,500 tax credit nears expiration. At the Orange County Auto Show, interest in EVs is at an all-time high as consumers seek to capitalize on savings.
A coalition of 11 states, led by California, has filed a lawsuit against Trump's repeal of electric vehicle mandates, claiming it undermines clean air and state emissions rules. Governor Newsom criticizes the move as harmful to America's competitiveness.
China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
As President Trump's proposed tariffs loom, Americans are flooding car dealerships in anticipation of rising prices. March saw a significant spike in new vehicle sales, with experts predicting continued demand as shoppers race to secure better deals.
President Trump's 25% tariffs on imported vehicles are set to reshape the automotive industry, leading to skyrocketing prices, diminished sales, and a significant economic impact. Analysts warn of a long-lasting structural shift in how cars are manufactured and sold.
In response to looming tariffs, Ford launches an aggressive employee pricing program aimed at U.S. consumers, aiming to boost sales and support its operations amidst economic uncertainty.
In a surprising twist of March madness, car buyers rushed to dealerships to secure deals before impending auto tariffs. Major manufacturers like Hyundai and Ford reported significant sales increases amidst tariff fears, particularly in electric and hybrid vehicles.
Ford Motor Company has reported a 1.3% decline in first-quarter U.S. vehicle sales, impacted by the discontinuation of the Ford Edge SUV and looming tariffs from President Trump. Despite this, retail sales surged by 5% in the same period, driven by consumer urgency to buy before prices rise.