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U.S. Auto Sales Bounced Back in 2023

Updated Jan. 3, 2024 9:57 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots. But this year could prove more challenging for automakers as stock levels continue to rise and higher interest rates stretch more U.S. car buyers financially. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 3, 2024 9:57 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership

Car Dealers on Why Some Customers Hesitate With EVs

Updated Dec. 10, 2023 1:17 pm ETAuto dealers across many parts of the country say electric vehicles are becoming too hard a sell for buyers worried about the range, reliability and price of these models.When Paul LaRochelle heard Ford Motor was coming out with an electric pickup truck, the dealer was excited about the prospects for his business. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Dec. 10, 2023 1:17 pm ETAuto dealers across many parts of the

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Ford Raises Profit Forecast After Strong Results

What to Read Next What to Read Next FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Google, McDonald's, Exxon Headline Busy Earnings Week

A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

The Biggest Winners in America’s Climate Law: Foreign Companies

Listen to article(2 minutes)The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.Copyright ©2023Dow Jones &

Ford Cuts Price of F-150 Lightning Electric Truck by Up to $10,000

The move came after Tesla reported a surge in second-quarter deliveries that was helped by sharp price cuts and discounts. The move came after Tesla reported a surge in second-quarter deliveries that was helped by sharp price cuts and discounts. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Cybertruck production: Tesla builds first Cybertruck after two years of delays

Tesla built its first Cybertruck at the electric-vehicle marker's plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the vehicle's designer cracked the vehicle's supposedly unbreakable "armor glass" windows. The company has pushed back production timing since then and Musk had cited shortages in sourcing components last year as the reason for pushing the launch of Cybertruck into 2023. In a May shareholder…

EV Charging Firms Oppose Texas’ Plan to Mandate Tesla Standard

Published By: Paras YadavLast Updated: July 01, 2023, 09:34 ISTImage used for Representation. (Photo: IANS)Tesla's Superchargers are 60% of the total fast chargers in the US and the deals will allow non-Tesla users to use the company's large charging networkA group of EV charger makers and operators is pushing back against Texas’ plan to mandate the inclusion of Tesla technology in charging stations, saying it is “premature," according to a document seen by Reuters and a source aware of the matter.Reuters reported last

Lordstown Motors Is Dying. Long Live Lordstown.

Despite Lordstown Motors filing for bankruptcy, Lordstown, Ohio, will remain a hub for the EV industry. Despite Lordstown Motors filing for bankruptcy, Lordstown, Ohio, will remain a hub for the EV industry. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…