Ford is hitting a rough patch with its EV division, Model e, which reported a staggering loss of $1.3 billion in the first quarter of 2024.
Read More »You Can Now Lease the Toyota bZ4X for as Low as $56 a Month
To boost its appeal, Toyota has slashed leasing prices on its bZ4X to levels that are turning heads across the automotive industry.
Read More »Subaru Legacy Production Will End in 2025
Subaru of America, Inc. announced production of the Legacy sedan will end next year at the conclusion of the 2025 model year.
Read More »Aston Martin Vows to Keep Selling Gas-Powered Cars Beyond 2030
Company Chairman Lawrence Stroll claims Aston Martin customers cherish the traditional 'sounds and smells' of their sports cars.
Read More »87% of U.S. Tesla Owners Would Choose Tesla Again for Their Next Car
According to Bloomberg Intelligence, 87% of Tesla drivers in the U.S. say they would buy another Tesla, outpacing Lexus and Toyota.
Read More »Mercedes-Benz EQS Depreciation Blow: $65,000 Loss in Just One Year of Ownership
According to iSeeCars, the Mercedes-Benz EQS tops the chart of the fastest depreciating cars, losing a shocking 47.8% of its value.
Read More »EV Batteries Are Too Heavy and Need to Be 50% Lighter to Be Viable, Stellantis CEO Says
Stellantis CEO Carlos Tavares has set his sights on a lofty goal: cutting EV battery weight in half within the next decade.
Read More »Canoo’s CEO Spends Twice on Jets What Its Company Earns in Revenue
In a year marked by escalating losses for Canoo, the lavish travel expenses of its CEO spark legal scrutiny and investor concern.
Read More »Toyota Stands Firm: The Diesel Engine Is Here to Stay — Just Not in the US
While some car makers are saying goodbye to diesel engines, Toyota is not ready to let go of them just yet.
Read More »Tesla Model Y Was the Most Produced Car of 2023, Surpassing Ford F-Series
While the Ford F-150 has long reigned supreme in American hearts, the Tesla Model Y is the new global king of the road.
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