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Tesla set to lose EV tax credit on Model 3 pending...
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...
Ford anticipates losing $3 billion on EV sales this year
Despite Ford anticipating increased profits on its internal combustion and commercial vehicle operations, the automaker also expects its EV business to lose $3 billion...
VW’s Scout Motors receives $1.3 billion in incentives from South Carolina
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
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 app update reveals plans for solar power charging feature
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. signs bill limiting how EV manufacturers can sell
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 reveals positive outlook for 2023, plans to introduce affordable EVs
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...
Porsche optimistic on 2023 outlook, expects near 20% return on sales
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...
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...
GM wants to cut more jobs and save costs through voluntary...
General Motors CEO, Mary Barra, informed staff on March 9 that additional job cuts will be made, but this time it will be voluntary....