Tag: auto industry news
Slowing EV sales prompt Porsche to delay electric push
Porsche is undergoing a significant strategic shift by reintroducing combustion engines and hybrid models into its vehicle lineup. This decision marks a notable departure...
November new-vehicle sales hold steady as incentives rise
According to new data from Cox Automotive, the market has shown signs of resilience as new-vehicle sales for November are expected to maintain a...
Jim Appleton retires from NJ Car, passes the torch to Laura...
In today's episode of Inside Automotive, Jim Appleton and Laura Perrotta of the New Jersey Coalition of Automotive Retailers (NJ CAR) join us to...
Newsom and Trump clash over EV policy, Tesla left in the...
California Governor Gavin Newsom is preparing for a showdown with President-elect Donald Trump over the future of the $7,500 federal electric vehicle (EV) subsidy....
Nissan slashes U.S. production by 17% amid slumping sales
Things aren't looking up for Nissan as they continue to slash U.S. production by 17% for the 2024 fiscal year. The automaker aims to...
Volvo debuts the upgraded 2025 XC90 SUV
Volvo's 2025 XC90 SUV debuts with significant upgrades, including a beautifully redesigned interior, a Google-based infotainment system, and enhanced driving dynamics. While the updates...
Kia and Hyundai recalls over 200,000 U.S. EVs due to power...
The National Highway Traffic Safety Administration (NHTSA) announced the recall of specific electric vehicle (EV) models from Kia, Hyundai, and Genesis due to a...
Hyundai’s largest EV, the Ioniq 9, hits the market
Hyundai Motor officially unveiled the latest addition to its Ioniq lineup, the 2026 Ioniq 9. This all-electric SUV is the automaker's largest electric vehicle...
Karl Brauer weighs in on declining used car pricing trends
The drop in used car pricing is making it slightly easier for buyers to find affordable options. In today's episode of CBT Now, Karl...
Hertz reports Q3 loss due to failed EV bet
Hertz Global Holdings reported a challenging Q3 2024, with revenue totaling $2.6 billion—a 5% decrease year over year. This marks the company's fourth consecutive...