EV maker Polestar doubles revenue to $1 billion in first-half of 2022
Polestar is positioning itself to be a dominant force in the EV market. The company announced newly updated financials for the first half of 2022, reporting that it brought in...
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
4 strategies to manage vehicle servicing in an ICE and EV world
The rise in popularity of electric vehicles, thanks to a combination of consumer demand and regulatory efforts, will drive a significant increase in their market share over the next two...
Toyota refines BEV development strategy, aims to reduce battery costs by 50%
Toyota is making moves that the company hopes will speed its development pace for battery electric vehicles, including significant investments in properties in the United States and Japan.
Toyota has been...
Demand for EV production far outpaces mineral supply from US mining operations
President Joe Biden’s recently passed Inflation Reduction Act is positioned to help the country reach its goal of reducing greenhouse gas output by 40% of 2005 levels. But according to...
Analysts upgrade Tesla’s stock to ‘buy’ on the heels of revamped EV tax credits
Industry analysts say now is the time to invest in Tesla, as the company is expected to reap the benefits of the Inflation Reduction Act faster than its competitors.
Wolfe Research...
17 other states consider adopting California’s ban on new gas vehicle sales
States are facing an important decision regarding vehicle emission standards. Seventeen states with standards tied to rules established in California are poised to decide whether to follow the state’s lead...
Average new car loan reaches record high of $40,290 in the second quarter
The auto industry regularly encounters market reports filled with optimistic projections and doom-and-gloom forecasts, with the latter getting more attention these days. But the key to understanding tomorrow first begins...
Ford’s new car sales fall 4% from month prior, but increase 27% year-over-year
Ford released U.S. sales numbers for the month of August that place the company as America’s best-selling brand for two months in a row. The company reported an increase of...
US adds 315,000 jobs in August, unemployment creeps up to 3.7%
The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding rising wages and payroll.
Nonfarm payrolls rose...
Interest rate hikes drive monthly loan and lease payments to 4-year highs — S&P Global
In an effort to curb out-of-control inflation, the Fed's recent interest rate hikes are starting to be felt by dealers and consumers alike. However, struggling inventory levels could prevent the...
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