There Aren’t Any New Cars Left Under $20,000

There Aren’t Any New Cars Left Under ,000

Photo: Hyundai Sometimes you don’t know what you’ll miss until it’s gone. It first occurred to me in 2020 that we were witnessing the disappearance of inexpensive cars, and back then there were still 17 brand new cars available for under $20,000. Late last year that number was down to six. A few months ago … Read more

GM And Stellantis Get $1 Billion From Feds For EVs

GM And Stellantis Get  Billion From Feds For EVs

Good morning! It’s Thursday, July 11, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Government Hands GM, Stellantis $1 Billion For More EV Projects The … Read more

Nearly 3 Million Cars Are Sitting On Dealer Lots

Nearly 3 Million Cars Are Sitting On Dealer Lots

New vehicle dealer inventory once again climbed in June, with 2.96 million vehicles just sitting on lots. That works out to about a 76-day supply, and it’s up from 2.89 million vehicles a month earlier. It’s also a million more vehicles than where it was at the same time last year – 1.95 million. Jalopinions … Read more

Force Motors partners with EY Parthenon India for digital transformation program

Force Motors partners with EY Parthenon India for digital transformation program

Mumbai: Pune-based automaker Force Motors said on Monday it has partnered with strategy consultancy firm EY Parthenon India for its digital transformation programme to boost innovation and productivity across its value chain, among others. The crucial milestones in this partnership include redesigning Force Motors’ digital landscape, implementing advanced digital platforms, technologies and solutions for customers, … Read more

Cyberattack Takes Down Car Dealerships Ability To Do Business

Cyberattack Takes Down Car Dealerships Ability To Do Business

Good morning! It’s Friday, June 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Cyberattack Continues To Disrupt U.S. Car Sales I know it’s tricky, but this week we have … Read more

Long-range EVs now cost less than the average new car in the US

Long-range EVs now cost less than the average new car in the US

The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for US car buyers: the first long-range EVs that are cheaper to buy than the average gas-powered car.At least three manufacturers — Tesla, Hyundai-Kia and General Motors — now offer EVs with more than 300 … Read more

Are Cars From A Couple Years Ago Really More Desirable Than The Latest New Cars?

Are Cars From A Couple Years Ago Really More Desirable Than The Latest New Cars?

If you’ve needed to buy a car sometime in the last four years, you understand how rough it’s been out there. Dealers were only stocking the highest trim levels and still adding markup, used car prices were through the roof and availability was limited. Things have been getting better recently, though, with used prices dropping, … Read more

New, Less Strict Biden EV Rules Incentivize Gas-Burning Trucks And SUVs

New, Less Strict Biden EV Rules Incentivize Gas-Burning Trucks And SUVs

Happy Thursday! It’s June 6, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. NIO Scraps Its Most Unique Feature For Its EVs 1st Gear: Biden Administration EV Rollback To Have Even Worse … Read more

Tesla Says Elon Musk Of ‘Tremendous Value’ And Worth $56 Billion Pay

Tesla Says Elon Musk Of ‘Tremendous Value’ And Worth  Billion Pay

Good morning! It’s Monday, June 4, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Tesla Defends Elon Musk’s $56 Billion Pay Would you say Elon … Read more

Tesla Investor Sues Elon Musk Over Alleged $7.5 Billion Insider Trading

Tesla Investor Sues Elon Musk Over Alleged .5 Billion Insider Trading

Good morning! It’s Monday, June 3, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Elon Musk Accused Of Insider Trading It never rains, but it … Read more