Tesla set to lose EV tax credit on Model 3 pending new battery guidelines
Buyers of certain Tesla vehicles have reaped the benefits of the $7,500 EV tax credit since it launched January, but the company now expects the Model 3 will lose its...
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
Headlines
Fed raises interest rates one more time, indicates hikes could be ending
The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic.
After the last increase in February, Fed Chair Jerome Powell...
Ford anticipates losing $3 billion on EV sales this year
Despite Ford anticipating increased profits on its internal combustion and commercial vehicle operations, the automaker also expects its EV business to lose $3 billion this year.Â
As it continues to spend...
VW’s Scout Motors receives $1.3 billion in incentives from South Carolina
On Monday, Volkswagen subsidiary Scout Motors received an incentive package totaling $1.3 billion from the South Carolina Department of Commerce.
The funds were awarded to the electric pickup brand to assist...
Stellantis hosts Ram design contest for students, focuses on electricity
Stellantis is hosting its annual vehicle design contest, inviting students to provide their takes on futuristic Ram pickups.
The brand has organized the Drive for Design contest for 11 years with...
Major insurers halt coverage for Hyundai and Kia thefts shown in popular TikTok fad
If you've spent any time on social media over the past few months, you've probably seen the famous TikTok video of the "Kia Boys Challenge." But in case you missed...
New poll finds one-third of Americans consider buying an EV for next purchase
A recent survey found that almost one-third of all U.S. buyers would consider purchasing an EV as their next vehicle model. According to a new consumer survey by Reuters and...
U.S. Department of Transportation announces $94.8 million in awards for ‘smart’ mobility projects
The U.S. Department of Transportation has awarded $94.8 million to 59 projects on advanced technology projects to increase traffic safety, increase the dependability of public transportation, and deploy drones and...
Subaru of New England donates $500,000 to Northwood University
Subaru of New England has gifted $500,000 to Northwood University to hire an all new Professor of Automotive Strategy.
In a release, university officials said the new professor will educate students,...
Service activity declines, revenue improves in February — Xtime
According to the most recent Cox Automotive review of Xtime metrics, service activity at U.S. franchised dealerships declined in February while service income climbed compared to the prior month. While...
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