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Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S. EV industry and a price war sparked by Tesla.

Lucid slashes price of its Air sedan due to growing competition

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Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer...
On today’s CBT NOW, we’re pleased to welcome back Karl Brauer, the Executive Analyst for iSeeCars.com, where Brauer will shed some insight into the numbers and what’s happening with the turbulent used car market overall.

Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars

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According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome...

UAW demands pay raise, All-electric vehicle owners file lawsuit, Fisker scores...

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CBT Now  Examining the 'turbulent' used car market — Karl Brauer | iSeeCars According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly...
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues negotiations with car manufacturers.

UAW to demand 46% pay increase, Big Three car manufacturers respond

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The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues contract negotiations with car manufacturers...
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.

Fisker scores positive margin on electric vehicles but lowers production goal

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Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand. The car manufacturer earned only $825,000...

Tesla faces another lawsuit, Hyundai breaks EV sales record, GM reaches...

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Inside Automotive  Examining electric vehicle demand in America's largest car market — Brian Maas | CNCDA The California New Car Dealers Association (CNCDA) recently published its...
Hyundai broke its sales record for the IONIQ 5 over the course of July, solidifying the automaker's place in the electric vehicle market.

Hyundai breaks monthly electric vehicle sales record with IONIQ 5

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Hyundai broke its monthly sales record for the IONIQ 5 over the course of July, solidifying the automaker's small but steadily growing presence in...
Tesla faces a lawsuit for falsely reporting its estimated driving range.

Tesla faces a lawsuit for falsely reporting its estimated driving range

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On August 2, 2023, three Tesla owners in California filed a proposed class action lawsuit against the automaker, accusing it of misrepresenting the estimated...
Subaru has released a new advertisement celebrating nature and promoting its partnership with the National Park Foundation.

New Subaru ad promotes Black and Deaf inclusivity, targets nature-lovers

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Subaru has released a new advertisement celebrating nature and promoting its partnership with the National Park Foundation. The emotional, minute-long video, titled "A Beautiful Silence,"...
Jonathan Fowler Holding company

Adapting to the auto industry’s dynamic market — Jonathan Fowler |...

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Dealers have found ways to adapt to today’s changing market conditions, like selling electric vehicles. On today’s Inside Automotive, we’re catching up with Jonathan...