Mark Reuss backs EV investments even as Trump lowers fuel economy rules
On the Dash:
GM says it will keep investing in EVs despite new federal fuel economy rules.
The final rule sets a 34.9 mpg target for 2031 and $0 penalties.
...
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
EVs
Hyundai on track to pass Ford in quarterly sales for first time
On the Dash:
Cox forecasts Hyundai Motor Group Q3 sales of 511,421, up 6.5% year over year.
Hybrids hit a record 29% of Hyundai brand sales in August, up 33%.
...
BMW opens U.S. reservations for the new i3 a week early
On the Dash:
BMW will open U.S. reservations for the new i3 on Sept. 29, a week early.
The 2027 i3 50 xDrive delivers a combined 463 horsepower and includes...
Toyota confirms extended-range EV, with production starting in China in 2027
On the Dash:
Toyota will start producing its first EREV in China in spring 2027, targeting 200,000 units that year.
The EREV gives Toyota a way to compete in China...
Volvo plans 13 new models by 2030 as it targets market share growth
On the Dash:
Volvo plans 13 new models through 2030, including EVs and hybrids, to broaden its lineup and target double its market share.
Seven models will target Western markets,...
New and used EV sales jump as prices fall
On the Dash:
New EV inventory ended August two days above gas-powered vehicles, the closest spread this year.
Used EV sales jumped 25.9% from July as off-lease returns expanded supply.
...
Audi bets big on EV lease buyout incentives, $500 bonuses for dealers
On the Dash:
Audi is offering e-tron lessees up to $10,000 off buyouts through Sept. 30, plus $500 per deal to dealers.
Buyout incentives help automakers limit off-lease EV returns...
Forbes.com contributor Ed Garsten talks Canada trade turmoil, EV sales, Chinese cars
Trade turmoil with Canada and new consumer sentiment data are pulling the industry in two directions. On today's edition of CBT Live, Ed Garsten, Senior Contributor at Forbes.com, broke down...
EV sales hit record highs globally as U.S. demand stalls at 5.8%
On the Dash:
Global EV sales hit record highs in 50 countries as fuel price swings pushed shoppers away from gas.
U.S. EV sales reached just 5.8% in Q2,...
Kia to invest $649 million in Mexico to build EV3 production line
On the Dash:
Kia will invest $649 million to build the EV3 at its Nuevo Leon plant starting Aug. 4.
The move expands Kia's U.S. EV lineup as other automakers...
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