A potential shift in Europe’s automotive industry The EU entered negotiations with China to consider setting minimum prices on Chinese-made electric vehicles (EVs) instead of tariffs on Thursday. Last year, the EU imposed up to 45.3% tariffs on Chinese-made EVs after the European Commission found that China’s car industry benefited from “unfair subsidization,” according to […]
Tesla’s slide leaves room for rivals Electric vehicle (EV) sales are still climbing in the U.S., but it’s no longer Tesla leading the charge. In the first quarter of 2025, EV sales rose 11.4% year-over-year, according to Cox Automotive. Nearly 300,000 electric cars hit the road in Q1 — an encouraging sign for an industry […]
How do you do, fellow kids? Although many young people have personal finance obstacles like student loans, credit cards, and personal loan debt, automakers make a valiant effort to make themselves marketable to the all-valuable youth market, whether through social media or other forms of intricate targeted advertising and brand awareness campaigns. Attention to the […]
There’s a new Cybertruck that’s $10,000 cheaper than the former base model—but can you sacrifice the features? Tesla has at last dropped its rear-wheel drive (RWD) Cybertruck Long Range with up to 362 miles of range and an MSRP of $72,235. The automaker had been promising the model since 2019, initially with a planned 2021 […]
EV affordability remains less of an issue in China than in the US BYD recently announced a discount on its Seagull electric vehicle (EV), reducing the model’s already affordable base price from $9,500 to $7,800. Comparatively, Nissan’s Versa is the US’s least expensive car, starting at $18,330. The average cost of a new vehicle in the US […]
Tariffs spark rush toward used cars The announcement of sweeping new tariffs on imported vehicles and parts has sent ripple effects through the used car market. While new car buyers scramble to beat expected price hikes, many others — especially those on a budget — are turning to used cars as a more affordable alternative. […]
President Trump’s tariff scenario is making Mitsubishi press pause on imports Japanese automaker Mitsubishi is the latest automaker to pause its shipments to dealers in the United States in response to the Trump administration’s 25% tariffs that are being levied on cars and car parts. A spokesperson for the manufacturer behind models like the Outlander […]
There were no bad-looking Italian sports cars produced in the 1950s and 1960s. Regardless of whether they were from Ferrari, Lamborghini, or Maserati, it doesn’t matter. They all had a certain suave aura about them that has yet to be replicated since. That is a hill I will die on. To help prove my point, […]
A mixed bag of sales Porsche just posted a record-breaking sales quarter in North America, driven by renewed enthusiasm for its SUV lineup and the arrival of its new electric Macan. But even that strong performance wasn’t enough to offset a rough global start to 2025. The German automaker reported an 8% decline in global […]
Fast charging has leveled up in a big way and has a few cool new features for homeowners ChargePoint, one of the largest EV charging platforms in the United States, has announced new AC Level 2 chargers, which the company claims are “up to” double the speed of existing Level 2 AC chargers. Further, these […]
