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ev tax credit

Tesla set to lose EV tax credit on Model 3 pending...

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Buyers of certain Tesla vehicles have reaped the benefits of the $7,500 EV tax credit since it launched January, but the company now expects...
increased profits, Ford

Ford anticipates losing $3 billion on EV sales this year

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Despite Ford anticipating increased profits on its internal combustion and commercial vehicle operations, the automaker also expects its EV business to lose $3 billion...
scout motors

VW’s Scout Motors receives $1.3 billion in incentives from South Carolina

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On Monday, Volkswagen subsidiary Scout Motors received an incentive package totaling $1.3 billion from the South Carolina Department of Commerce. The funds were awarded to...

Lithium prices drop, fixed ops revenue data, USDOT awards millions

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Inside Automotive Meet dealer Beth Beans Gilbert: The 2023 Barbara Cox Woman of the Year Beth Beans Gilbert, Vice President of the Fred Beans Automotive Group,...
Tesla solar power

Tesla app update reveals plans for solar power charging feature

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A yet-to-be-released feature which will allow Tesla owners to charge their vehicles using their home's solar power installation has been revealed in a mobile...
Mississippi Gov

Mississippi Gov. signs bill limiting how EV manufacturers can sell

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A bill from Mississippi that prohibits EV manufacturers from selling their vehicles directly to consumers instead of through franchised dealers has been made law. The...
Audi

Audi reveals positive outlook for 2023, plans to introduce affordable EVs

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Audi, a Volkswagen-owned brand, projected a significant revenue increase in 2023, it said on March 16,2023. Nevertheless, Audi anticipates a more cautious profitability margin...
2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

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Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche...

Rivian and Amazon renegotiate, Porsche has optimistic outlook for 2023, GM...

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Inside Automotive To buy or not to buy: M&A activity in today's car market — Alan Haig As the dust from the COVID pandemic settles on...
Barra, GM

GM wants to cut more jobs and save costs through voluntary...

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General Motors CEO, Mary Barra, informed staff on March 9 that additional job cuts will be made, but this time it will be voluntary....