Ditching EVs For Hybrids Is Already Paying Off For Automakers

Ditching EVs For Hybrids Is Already Paying Off For Automakers

Good morning! It’s Thursday, September 5, 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. The GM EV1 Was a Great First Effort With No Follow-Up 1st Gear: Automakers See Sales Boost With … Read more

More Than 90 Percent Of German EVs Sold In Q1 Were Leases

More Than 90 Percent Of German EVs Sold In Q1 Were Leases

Not too long ago, vehicle leases were on the decline. So much so that it was affecting the used car market. Now, thanks to EVs, leases are making a big comeback. And thanks to tax credits, German luxury EVs are being leased now more than ever. Even EVs Can’t Get A Break From The Heat … Read more

Tesla Cybertruck Is The Best Selling Vehicle That Costs Over $100,000

Tesla Cybertruck Is The Best Selling Vehicle That Costs Over 0,000

Despite the fact it’s one of the most divisive – if not the most divisive – vehicles on sale today, the Tesla Cybertruck was apparently June’s best-selling vehicle that costs over $100,000. It’s a pretty impressive feat for a truck that a lot of people absolutely hate. Tesla’s Cybertruck Has Finally Arrived A recent sales … Read more

People Are Still Hesitant About Buying New Cars Even Though The Market Is Better Than It’s Been In Years

People Are Still Hesitant About Buying New Cars Even Though The Market Is Better Than It’s Been In Years

Photo: Volvo The auto industry has been slowly recovering ever since the pandemic hit, and these days, things are better than they have been in years. Inventory is up, and so are the incentives. You may still struggle to get a good deal on some of the most in-demand models, but overall, the seller’s market … Read more

Tesla May Be Struggling, But The U.S. EV Industry Has Actually Seen Solid Growth This Year

Tesla May Be Struggling, But The U.S. EV Industry Has Actually Seen Solid Growth This Year

From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off its fleet of electric vehicles, Tesla’s deliveries being down and even Volkswagen delaying the ID7’s U.S. launch, it could be easy to get the impression that the EV industry is dying. As Bloomberg … Read more

Elon Musk Is Turning Off Would-Be Tesla Buyers

Elon Musk Is Turning Off Would-Be Tesla Buyers

Good morning! It’s Monday, April 1, 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: Elon Musk Scares Off Potential Tesla Owners Elon Musk is turning … Read more

Tesla Expects An Awful Sales Report For First Quarter Of 2024

Tesla Expects An Awful Sales Report For First Quarter Of 2024

Good morning! It’s Friday, March 29, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla And The Terrible, Horrible, No Good, Very … Read more

Lucid Cuts Air Prices Again Because Demand Is Still Lower Than Expected

Lucid Cuts Air Prices Again Because Demand Is Still Lower Than Expected

Lucid is dropping the price on its flagship and sole vehicle (for now), the Air sedan, because demand just isn’t where the nascent automaker needs it to be. Three trims of the Air — the Pure, Touring and Grand Touring — will all see varying degrees of price cuts. Tesla’s Cybertruck Has Finally Arrived The base model … Read more

No One Knows How Much Used EVs Should Cost

No One Knows How Much Used EVs Should Cost

Much like my heart rate during last night’s Super Bowl, used electric vehicle prices are all over the place, and it doesn’t look like that will change anytime soon. Analysts tell Automotive News that used EV prices will continue to fluctuate, and it’s up to automakers to launch affordable EVs before the current ones hit … Read more

2024 Might Finally Be A Good Year For Car Buyers

2024 Might Finally Be A Good Year For Car Buyers

Happy Tuesday! It’s December 26, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Ed Begley Jr. On The Past And Present Of Electric Vehicles 1st Gear: 2024 Will Be A … Read more