Tag: electric vehicles
Toyota reports record sales for Q1 2024, with 36.4% accounting for...
In March of 2024, Toyota Motor North America (TMNA) sold 214,894 cars in the United States. This represents a 21.8% increase in both volume...
Ford’s diverse vehicle range and innovative features are driving strong Q1...
In the first quarter (Q1), Ford had a strong sales performance and achieved growth in its market share. This growth was due to the...
Tesla faces EV competition amidst calls for a European alliance against...
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are...
Tesla posts disappointing Q1 sales under weakening EV demand
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's...
BYD EV sales plummet in Q1 as hybrids surge
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter.
On Monday,...
China’s SAIC allegedly plans layoffs at GM, VW joint ventures after...
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition...
Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market
Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed...
Tesla hikes Model Y price as Q1 sales report looms
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report.
All Model Y trim...
Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts
The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
Ford cuts back production at Rouge EV factory due to ‘slower-than-expected’...
Ford has announced that starting April 1, a third of the 2,100 workers who make up three crews at the Dearborn, Michigan, Rouge Electric...