Hertz sells Tesla’s fleet amid the slowing EV market
Hertz Global Holdings has put 20,000 electric vehicles from its global fleet, including nearly a third of its existing EV inventory, up for sale. This move, starting in January, marks...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
automotive industry insights
Fisker faces imminent bankruptcy after failing to repay $3.5 million loan
Fisker's future looks increasingly uncertain following a recent 8-K filing that revealed the company failed to repay a nearly $3.5 million loan last month, bringing the electric vehicle (EV) automaker...
How the surge in hybrids reflects the growing consumer interest in EVs – Tom Kondrat | Urban Science
Hybrids are taking center stage. In fact, according to Urban Science, HEV sales surged the most among all electrified powertrains. In today's episode of Inside Automotive, we’re joined by Tom...
Virginia abandons California’s EV mandate, citing consumer choice and legal grounds
Virginia is stepping back from electric vehicle (EV) requirements that would have phased out the sale of new gasoline-powered vehicles by 2035. Governor Glenn Youngkin announced that starting in 2025,...
Jeep Wagoneer secures Top Safety Pick Award, outshining rivals
Stellantis, one of the Detroit Three automakers, received the 2024 Top Safety Pick award from the Insurance Institute for Highway Safety (IIHS) for its full-size SUV. The Jeep Wagoneer earned...
Lithia Motors aims for $150 million in annual savings through targeted layoffs and cost reductions
Lithia Motors is set to achieve an annual savings of $150 million through strategic layoffs and other employee cost reductions this quarter, as confirmed by Jardon Jaramillo, senior director of...
Top tips for dealers to boost profits and capture market share – John Fitzpatrick | Force Marketing
Every dealer is currently focusing on the start of the selling season, which typically runs from May to September or October. In today's episode of Inside Automotive, John Fitzpatrick, the...
The truth about EV range anxiety
EV range anxiety gets a lot of attention. In short, it is the fear that an electric car will run out of charge before reaching a place to recharge. While...
Ford CEO Jim Farley aims for affordable, profitable EVs
Ford CEO Jim Farley is determined to make electric vehicles (EVs) affordable and profitable, reminiscent of Henry Ford's Model T. Inspired by China’s successful EV strategy, Farley envisions Ford competing...
BYD achieves second highest sales record in May
China's leading electric vehicle (EV) maker, BYD, nearly set a new sales record in May, driven by aggressive price cuts and continued growth in new energy vehicle (NEV) sales. BYD...
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