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

EV Sales Are Up In The U.S. For Every Automaker But Tesla

EV Sales Are Up In The U.S. For Every Automaker But Tesla

Good morning! It’s Thursday, July 18, 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 Zeekr 001 Promises the Most Battery Range of Any EV at 641 Miles 1st Gear: EV Sales … Read more

Ford Investing $3 Billion In New Trucks After Delaying Small EV

Ford Investing  Billion In New Trucks After Delaying Small EV

Ford is investing $3 billion to build more of its extremely profitable F-Series Super Duty pickup trucks at a plant in Ontario, Canada that was previously earmarked to build an electric crossover. The plant is set to be opened in 2026, and it will employ 1,800 workers to build the large work trucks. The move … Read more

‘Honest Abe Auto Sales’ Sued For $500,000 Because It Lied To Customers

‘Honest Abe Auto Sales’ Sued For 0,000 Because It Lied To Customers

Image: Google Street View Honest Abe Auto Sales – a string of four car dealerships in the Indianapolis area – is being forced to pay back nearly half a million dollars to customers it, well, lied to. The dealers, which are operated by Sycamore Companies, were accused of bait-and-switch sales tactics, false advertised prices and … Read more

North Carolina Spent Nearly $96 Million On VinFast Factory That May Never Happen

North Carolina Spent Nearly  Million On VinFast Factory That May Never Happen

North Carolina cut a deal with VinFast in 2022 to provide one of the largest incentives packages in state history to coax Vietnamese electric automaker VinFast to build its U.S. headquarters and production facility in Chatham County. For a little over $1.25 billion in benefits provided by the state, VinFast claims it will invest $4 … Read more

More than a dozen Glue Stores to close, Accent Group announces to ASX

More than a dozen Glue Stores to close, Accent Group announces to ASX

The number of Glue Stores around Australia will almost halve, following an announcement from the clothing retailer’s parent company. Accent Group on Thursday announced in a trading update to the Australian Securities Exchange, that 17 Glue Stores considered “under performing” would close. It said 18 stores, as well as the online shop, “expected to be … Read more

Redesigned Toyota Tundra Is Eating Ram’s Market Share For Lunch

Redesigned Toyota Tundra Is Eating Ram’s Market Share For Lunch

Photo: Toyota (Getty Images) If there’s one thing Americans love, it’s full-size pickup trucks. Compact crossovers are incredibly popular, sure, but the Ford F-150 and Chevrolet Silverado are still the top dogs in the U.S. Both Nissan and Toyota have tried to steal some of those big truck sales but have been largely unsuccessful. Until … Read more

Donald Trump Has A Lot Of Thoughts About EVs. Most Of Them Are Wrong

Donald Trump Has A Lot Of Thoughts About EVs. Most Of Them Are Wrong

Former President Donald Trump recently sat down with Bloomberg for a wide-ranging interview, but as it turns out, he has a lot of thoughts about EVs and imported cars, and most of them are very wrong. Ed Begley Jr. On The Past And Present Of Electric Vehicles Trump actually told Bloomberg he has “no objection … Read more

A Negligence Case Has Been Filed Against CDK Over Cyberattack

A Negligence Case Has Been Filed Against CDK Over Cyberattack

Image: Scott Olson (Getty Images) The June cyberattack of CDK, the company that provides financial services to car dealers, crippled both the company and thousands of dealers across the country. Now dealers and other businesses that relied on the company are suing claiming, CDK was negligent. I Need A Car Thats Makes My Commute Bearable … Read more