One out of three US cars sold might be electric by 2027
Bloomberg New Energy Finance expects EV sales to grow exponentially General Motors has criticized President Biden’s EV sales goals as unrealistic California aims to end the sale of most...
EV buyers want maintenance at the dealership, study suggests
U.S. dealers heavily rely on after-sale services and products for revenue EV buyers are willing to see dealerships manage EV maintenance, for a subscription fee Study also found dealerships can...
First Shift: Currency windfalls help boost Toyota’s profits
• Currency windfalls help boost Toyota’s profits • Lithia Motors Q2 net income falls 28% • July auto sales reports • Paul Whelan freed from...
Electric Mercedes-Benz C-Class arriving in 2026
An electric iteration of Mercedes’ compact sedan is just around the corner. On Friday, Autocar reported Mercedes-Benz CEO Ola Källenius said during the automaker’s second-quarter...
2025 Toyota GR Corolla gains automatic, extra torque
Like a fine wine, the Toyota GR Corolla just gets better with age. Toyota on Thursday announced updates for the GR Corolla for the 2025 model year, the compact hot hatch’s third year on the...
2025 Ford Maverick Lobo revives the factory street truck
The first Lobo model arrives as an updated 2025 Maverick Lobo gets a lowered suspension aimed at on-road performance Prices have not been confirmed; it arrives in 2025 The truck tuning scene today...
First Shift: Toyota suspends more vehicle shipments in Japan
• Toyota suspends more vehicle shipments in Japan • Penske Automotive Q2 net income falls 20% • Stellantis sues dealership • BYD preparing to enter Canadian auto...
2025 Hyundai Kona Electric spreads the V2L wealth
Prices are up across the board for the Hyundai Kona Electric in 2025, but so is standard equipment. The ’25 Kona Electric also gains a new trim level: the N Line, which gets sporty trim inside...
2026 Hyundai Ioniq 6 spied with updates
Hyundai has been spotted testing a prototype for an updated Ioniq 6 electric sedan for the first time. The prototype is heavily camouflaged but appears to wear a new front-end design. The biggest...
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months.
Uber and BYD team up for EVs and autonomous vehicles
Uber partnered with BYD for 100,000 EVs for the ride-hailing service The partnership could get BYD into the U.S. while skirting retail sales Uber’s targeting a zero-emissions platform by 2040...
Auto suppliers continue to face worker shortage and high costs
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the first time in years. But suppliers are still lagging behind.
Federal Reserve leaves interest rates unchanged again
The Federal Reserve opted against changing its benchmark rate during its July meeting, attempting to restrict future inflation for consumers but leaving them receiving higher interest rates than...
2024 Ford Mustang Mach-E GT Performance Upgrade adds torque and speed for $995
Ford is offering owners of the 2024 Mustang Mach-E GT a little performance boost by way of an over-the-air update. Using the FordPass app and paying a one-time cost of $995, a Performance Upgrade...
Audi A6 Sportback E-Tron evolves the electric car
A6 and S6 Sportback E-Tron electric cars arrive in North America next spring or summer The first cars using Audi’s new platform cut a sharp shape A 94.9-kwh usable battery pack supports three...
Audi A6 E-Tron Sportback arrives to take over gas-powered A6
The A6 E-Tron and S6 E-Tron replace the gas-powered A6 in Audi’s lineup The A6 and S6 E-Trons arrive in the U.S. next spring or summer Audi hasn’t said how much the A6 E-Tron and S6...
First Shift: Concerns about use of driver data
• Concerns about use of driver data • Analyst almost crashes during Tesla test • Stellantis offers buyouts • New Mercedes EVs headed for U.S. • Tesla recalls 1.8 million...
2024 Ford Mustang Mach-E GT Performance Upgrade unlocks power for $995
Ford Mustang Mach-E GT owners can make their cars quicker with a few taps of their phone and a one-time charge. On Tuesday, Ford announced a Performance Upgrade for the 2024 Mustang Mach-E GT that...
Mercedes CLA EV crossover may rival Tesla Model Y in 2026
Mercedes could have a Tesla Model Y competitor in 2026 Production will reportedly begin in October 2025 The compact crossover will replace the EQB EV in the lineup Mercedes-Benz may be prepping an...
2025 Kia EV6 GT spied with updates
Kia is close to unveiling an updated EV6 and a prototype for the updated version of its high-performance EV6 GT variant has been spotted. Kia has already released some photos of the updated EV6, and...