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Inventory surge, hybrids lift Toyota, Honda sales; Hyundai rebounds; Kia slips again

The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»

Category: topSource:  autonewsMar 1st, 2024

GM Financial Q1 net income slips 8%

The captive said lease originations rose, while retail loans fell......»»

Category: topSource:  autonewsRelated News8 hr. 59 min. ago

Veoneer names longtime Forvia executive Nik Endrud CEO following sale

Veoneer appointed longtime Forvia executive Nik Endrud as its CEO, less than two months after being acquired by a New York private equity firm and after two other major sales of its business units......»»

Category: topSource:  autonewsRelated News8 hr. 59 min. ago

We finally know when Apple will announce its 2024 iPads

Next month, Apple will lift the covers from its next-gen slates. The iPad Pro could get an OLED display upgrade, while the mid-tier Air line will expand......»»

Category: topSource:  digitaltrendsRelated News9 hr. 31 min. ago

Plant-Based Meat Boomed. Here Comes the Bust

Sales of vegan meat are trending downward in the US, with companies scrambling to win back customers......»»

Category: gadgetSource:  wiredRelated News9 hr. 59 min. ago

2024 Toyota Tacoma"s hybrid boosts performance, price by $3,700

On sale later this spring, the 2024 Toyota Tacoma's optional i-Force Max powertrain boosts power to 326 hp, fuel economy to up to 24 mpg combined, but also raises price by $3,700......»»

Category: topSource:  autonewsRelated News12 hr. 59 min. ago

Apple"s iPhone skid in China continues, with another big hit to start 2024

Apple is having a tough quarter in China, with new research claiming that Apple's iPhone sales are down 19.1% year-over-year.Apple's iPhone 15All smartphone sales have been in decline in China for some years, but recent reports had said the market wa.....»»

Category: appleSource:  appleinsiderRelated News15 hr. 31 min. ago

Kia gives $7,500 incentive for EV9 sales until production moves to U.S.

Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

7 cool things about the Honda Prologue

Honda designers and engineers worked hard to make the brand's first new-era EV stand out in a sea of sameness without losing its distinctly Honda appeal......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Honda nears deal with Canada to boost EV capacity in Ontario, report says

Canada is on the verge of an agreement with Honda Motor Co. that would see the automaker build EVs and their components in Ontario, according to people familiar with the matter......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Dealers raise concerns about how Scout, Sony Honda Mobility will sell vehicles

Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles......»»

Category: topSource:  autonewsRelated NewsApr 21st, 2024

Best Buy"s MacBook Air sale drives prices down to $599

April's MacBook Air sales are in full swing, with Best Buy having limited inventory of a Geek Squad Certified Refurbished M1 model for $599 and M2 models in new, factory sealed condition up to $400 off.Best Buy continues to offer trending deals on Ap.....»»

Category: appleSource:  appleinsiderRelated NewsApr 21st, 2024

Why are groups of university students modifying Cadillac Lyriq EVs?

The competition provides a steady stream of experienced graduates to the auto industry. Enlarge / For the previous EcoCar 3 competition, student teams turned Camaro sportscars into hybrids. For the EcoCar EV challenge, their job.....»»

Category: topSource:  arstechnicaRelated NewsApr 20th, 2024

Dealer association ad voices concerns about how Scout, Sony Honda Mobility will sell vehicles

Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles but to no avail......»»

Category: topSource:  autonewsRelated NewsApr 20th, 2024

Nissan hopes new product, marketing juice U.S. sales

Nissan's message to dealers: 'The car is the star.'.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Tesla"s U.S. registrations fell 25% in February, dragging the EV segment into the red

Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla's decline. The last time monthly EV registrations fell was in August 2020......»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Suppliers scramble to avoid low factory utilization amid rocky EV transition

The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024