Tag Archives: automotive industry

[ad_1] CNN  —  Prices for used cars have been high in recent years as inventory has been hampered by computer chip shortages and other pandemic-related woes. Luckily, for those who are currently shopping for a vehicle, many automakers are reporting they have more of the parts they need and are …

[ad_1] CNN  —  As President Joe Biden scored several legislative wins this year, voters across the country headed to the polls in November to decide on local measures. The passage of several of those measures will lead to new state laws this year. And Americans in 2023 will also feel …

[ad_1] CNN  —  As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models, could be eligible for $7,500 worth of tax credits they weren’t eligible for in 2022. But that eligibility may last only last a few months. That’s because limitations on …

[ad_1] Hong Kong CNN  —  China’s economy is under severe strain as a wave of Covid cases sweeps across the country. Since the world’s second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus’ spread on the …

[ad_1] New York CNN  —  A popular misconception has emerged about Elon Musk and Tesla: The megabillionaire’s love affair with Twitter is the main reason Tesla shares have lost so much value this year. But Tesla’s steep stock selloff this week proved that the problems at Musk’s car company go …

[ad_1] CNN  —  For women, the consequences of a car crash are often far deadlier than for men. According to Verity Now, a US-based campaign group striving to achieve equity in vehicle safety, women are 73% more likely to be injured – and 17% more likely to die – in …

[ad_1] CNN  —  The US Department of Energy’s Loan Programs Office will announce Monday that it is issuing a $2.5 billion loan to help start three lithium battery manufacturing hubs in Ohio, Tennessee and Michigan. The DOE loan programs office will loan the money to Ultium Cells LLC, a joint …

[ad_1] New York CNN  —  Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst’s call that slashes its share-price target to $1. In mid-afternoon trading, Carvana, best known for its auto vending machine concept, stands at about …

[ad_1] CNN  —  Toyota unveiled an all-new version of its famous Prius hybrid car Wednesday just ahead of the Los Angeles Auto Show. It’s lower, longer and sleeker looking, with just less than a 10% improvement in the model’s vaunted fuel efficiency. Bigger gains come in terms of power and …

[ad_1] CNN  —  One of Tesla’s biggest competitive advantages in North America has been its network of chargers that, for the most part, can charge only Tesla vehicles. Tesla chargers outnumber so-called CCS chargers, the sort used by Ford, General Motors, Audi, Rivian and others, by a factor of two …