In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available…
On April 29, 2025, U.S. President Donald Trump signed an executive order easing his 25% auto tariffs, offering relief to automakers after intense industry pushback, according to Reuters. This move, which includes credits for vehicles assembled in the U.S. and…
President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision,…
Tesla’s anticipated first-quarter 2025 earnings, set for release on April 22, signal a slight decline in net profit to below $1.1 billion, down from the same period in 2024, intensifying scrutiny on CEO Elon Musk’s divided attention between the automaker…
On April 16, 2025, Reuters reported a significant hurdle for Tesla’s ambitious U.S. production plans, as President Donald Trump’s escalated tariffs on Chinese goods disrupt the supply chain for the Cybercab and Semi electric vehicles. The tariffs, now at a…
On April 15, 2025, a report from Japan’s Nikkei newspaper sparked concern by claiming Honda Motor Co. was planning to shift production of its CR-V and Civic models from Canada to the United States to dodge new U.S. tariffs. Canadian…
On April 14, 2025, Tesla introduced a Long Range Rear-Wheel Drive (RWD) Cybertruck priced at $69,990, a $10,000 saving over the $79,990 All-Wheel Drive (AWD) model. Announced on Tesla’s official website, this trim boasts a 350-mile range but omits all-wheel…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The…
Chinese electric vehicle manufacturers are establishing a growing presence in Mexico, marking a strategic move that could reshape North America’s automotive landscape. BYD, the world’s largest EV maker by volume, is leading this charge with makeshift dealerships appearing across Mexico…
Ford’s F-150, America’s best-selling vehicle for over four decades, faces an uncertain future as its heavily globalized supply chain could make it particularly vulnerable to proposed import tariffs. Federal data reveals that only 32% of F-150 components are manufactured in…
The automotive world is buzzing after former President Donald Trump reportedly suggested imposing a 100% tariff on cars imported from Mexico if he wins the upcoming presidential election. This statement, shared by Sawyer Merritt on X, has sparked discussions about…
Nevada’s journey to build out its electric vehicle (EV) charging network has been slow and disjointed, according to a report by The Nevada Independent. Despite ambitious plans and significant funding, the state has struggled to create a comprehensive EV charging…
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