EV sales: Hyundai overtakes GM, but Tesla’s U.S. dominance continues
Tesla, led by CEO Elon Musk, has grown its lead over the legacy automakers Hyundai and General Motors to roughly
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Detroit
Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%
Stellantis' sales uptick is expected to be among the lowest of the quarter, according to auto analysts who project industry
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Toyota defies skeptics as stock seals best week since 2009
Toyota stock posted double-digit weekly gains for only the third time in more than two decades. Source link
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Toyota stock having best week since 2009 after annual meeting, new EV goals
Toyota's stock is having its best week since 2009 following the company disclosing plans for its next-gen EVs and shareholders
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Ford CEO Jim Farley says Chinese automakers such as BYD are its greatest EV rivals
Ford CEO Jim Farley used Warren Buffett-backed BYD as the prime example of a Chinese automaker that has successfully developed
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GM will introduce an all-electric Cadillac Escalade ‘IQ’ later this year
GM said the new SUV will be called the "Escalade IQ," which continues Cadillac's EV naming strategy that so far
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Americans are keeping their cars longer amid sky-high prices, rising interest rates
Rising vehicle ages are good news for aftermarket parts suppliers like AutoZone, O'Reilly Automotive and Advance Auto Parts. Source link
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UAW withholding Biden reelection endorsement until EV concerns are addressed
UAW President Shawn Fain says the union wants a "just transition" for workers, as the government uses taxpayer money to
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Ford posts stellar first quarter, boosted by fleet and legacy truck divisions
Ford is reporting its quarterly financial results by business unit, instead of by region, for the first time. Source link
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