Tag: car dealership news
Tesla’s growing inventory at odds with recent price cuts
Tesla's inventory in the U.S. has reached a new high, indicating that recent price cuts from the EV maker might not be doing enough...
Stellantis offers 3,500 employee buyouts to make way for EVs
Stellantis is looking to reduce its hourly workforce by as many as 3,500 employees through buyouts.Â
Last week, Shawn Fain, the recently elected president of...
California reaches 1.5 million EV target two years ahead of schedule
The California Energy Commission says The Golden State hit its previously designed EV sales target of 1.5 million EVs two years ahead of its...
Due to excessive demand, New Jersey stops EV subsidy program
New Jersey officials have reported that residents looking to buy or lease an EV won't be able to temporarily since the state's program has...
Jaguar Land Rover invests $18 billion in electric future, rebrands to...
Jaguar Land Rover will undergo significant changes as it transitions to an electrified future. The automaker unveiled additional information regarding its comprehensive "Reimagine plan,"...
As Fed hikes interest rates, inflation climbs in March by 5%...
According to a Labor Department report, inflation decreased in March as the effects of the Federal Reserve's interest rate rises became more apparent.
The consumer...
