Tag: electric vehicles
Tesla posts robust Q3 earnings with $2.2B net income
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last...
Hyundai warns of slowing demand and rising competition amid 7% drop...
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry....
10 essential tips for successfully selling your dealership– Sheldon Sandler |...
In today’s competitive automotive market, selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize on favorable market conditions....
Car subscription services: A new model for car ownership
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here,...
U.S. Energy Department races to finalize $1.7 billion in EV plant...
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to...
Trump proposes tax breaks for U.S.-made car purchases as election nears
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only...
U.S. electric vehicle market sees record growth as EV sales hit...
According to the latest data from Cox Automotive, the U.S. electric vehicle (EV) market continues its rapid expansion, with both new and used EV...
GM surpasses Wall Street Expectations with robust Q3 earnings
General Motors (GM) exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion,...
2025 Jeep Grand Cherokee is now more affordable, starting at $37,035
Jeep has made its 2025 Grand Cherokee lineup more affordable for U.S. customers, with a starting MSRP of $37,035. This iconic premium SUV is...
Lucid Group’s $1.75B public offering misinterpreted by investors, says CEO Peter...
Lucid Group raised $1.75 billion in a public offering on Wednesday, leading to its worst stock performance in nearly three years. Despite the adverse...