Tag: auto industry insights
VinFast faces further delay on $4 billion North Carolina factory, sources...
Vietnamese electric car maker VinFast is likely to further delay the construction of its $4 billion factory in North Carolina as the company faces...
Toyota’s new compact engines embrace carbon neutrality
Toyota is making a significant stride in engine technology with plans to develop smaller engines capable of running on carbon-neutral fuels. This move marks...
Market Rebounds: Signs of normalcy as buyers return amidst growing inventory...
Affordability has been a major concern for dealers and consumers. In today's episode of CBT Now, we'll learn how the market performed in the...
UAW secures expanded buyout offer for GM workers
The United Auto Workers (UAW) has successfully negotiated a significant expansion of a buyout program for General Motors (GM) production workers, union Vice President...
Ford slashes interest rates to 0% APR on 2024 Mustang Mach-E
Ford has dramatically reduced interest rates to 0% APR on the 2024 Mustang Mach-E, effective May 21, 2024, offering the best financing deal to...
EV sales show resilience in March registrations despite Tesla’s decline
EV sales rose by 3.8% in March, defying concerns of an "EV slowdown." Hyundai and Ford notably saw increased EV registrations, countering Tesla's 12%...
Mitsubishi plans U.S. revival with new models and retail concepts
Mitsubishi's product range in the U.S. has been limited, resulting in reduced consumer interest and a market share of only 0.6% last year. However,...
Volkswagen halts ID.7 electric sedan launch in the U.S. amid market...
Volkswagen announced on May 22 that its impressive ID.7 all-electric sedan will not be arriving in the United States anytime soon. The decision is...
Nostalgia vs. Futurism: Striking a Balance in Car Design
Let's take a trip down memory lane and fast forward to the future. The automotive industry is at a crossroads, folks. On one side,...
Ford backs Biden’s ambitious vehicle emissions cuts amidst Republican opposition
Ford announced Monday its support for the Biden administration's ambitious plan to drastically reduce vehicle emissions by 2032, dismissing Republican claims that the new...