More Than 90 Percent Of German EVs Sold In Q1 Were Leases
Not too long ago, vehicle leases were on the decline. So much so that it was affecting the used car market. Now, thanks to EVs, leases are making a big …
cox automotive
Tesla Cybertruck Is The Best Selling Vehicle That Costs Over $100,000
Despite the fact it’s one of the most divisive – if not the most divisive – vehicles on sale today, the Tesla Cybertruck was apparently June’s best-selling vehicle that costs …
People Are Still Hesitant About Buying New Cars Even Though The Market Is Better Than It’s Been In Years
Photo: Volvo The auto industry has been slowly recovering ever since the pandemic hit, and these days, things are better than they have been in years. Inventory is up, and …
Tesla May Be Struggling, But The U.S. EV Industry Has Actually Seen Solid Growth This Year
From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off its fleet of electric vehicles, Tesla’s deliveries being …
Tesla Expects An Awful Sales Report For First Quarter Of 2024
Good morning! It’s Friday, March 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Lucid Cuts Air Prices Again Because Demand Is Still Lower Than Expected
Lucid is dropping the price on its flagship and sole vehicle (for now), the Air sedan, because demand just isn’t where the nascent automaker needs it to be. Three trims …
No One Knows How Much Used EVs Should Cost
Much like my heart rate during last night’s Super Bowl, used electric vehicle prices are all over the place, and it doesn’t look like that will change anytime soon. Analysts …
Right-To-Repair Is Catching On And Automakers Are Pissed
Good morning! It’s Thursday, November 9, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries
One of the biggest hurdles to electric car proliferation is the cost. According to Cox Automotive new EVs are selling on average about $5,000 more than gas-powered vehicles — $53,469 …
Increasing Number of U.S. Buyers Face Difficulty in Obtaining Car Loans
After all the supply chain constraints of the last few years, supply of new and used cars is finally stabilizing at dealers. Prices are also reportedly leveling off, but, now, …