Industry News
Used and New Vehicle Prices Creeping Toward Pre-Pandemic Levels
Used vehicle prices peaked in April 2022 with an average of $31,095. The price is now down 12% from that figure…
Seven Automakers Create IONNA, New U.S. Charging Network
IONNA is likely a portmanteau of “IONITY” and “NA.” IONITY is a pan-European charging network founded by…
Final Dodge Challenger and Charger Have Been Made
A successor to the Charger and Challenger is in the works, but the two models will likely be merged into a single one …
Ford Expects $1,800 Lower Vehicle Prices in 2024
This will be made possible in part by manufacturer incentives of “roughly $1,000.” The rest will have to…
Why Are EV Sales Slowing Down?
Electric vehicle sales are slowing down, and companies are taking a big step back…
Seven Automakers Team Up to Create High-Speed Charging Network
A new joint venture centered on the development of more than 30,000 high-powered chargers across North America…
What’s Going On With Used Car Prices?
There are many reasons car prices have gone up, and they’re all intermingled in complex ways.…
Toyota and Honda Announce Largest Pay Raise in Decades
Honda’s 5% raise is its largest since 1990 and beats the nation’s rate of inflation. The company says the extra money will largely to go boosting starting salaries…
Akio Toyoda Steps Down as Toyota CEO
Akio Toyoda, 66, will step down from his role as president and…
What Car Models Are Being Discontinued for 2023?
All but one of the discontinued car models are either sedans or SUVs too small to compete…
All-New Toyota Prius Is Actually Incredible Looking
Toyota revealed the next-generation Prius last night, ahead of the Los Angeles…
Shoppers Say They’d Pay Stupid Money for a New Car
Dealerships still have margin to extract more dollars out of customers faced with limited availability of the cars they want…
What’s On the Menu for the 2023 Chevy Lineup?
For many Americans, cars are often a status symbol first and a means of transportation second…
Ford Reopens Mustang Mach-E Orders with Major Price Hike
Ford is not alone in raising prices on its newest EVs. General Motors, Lucid, Rivian, and Tesla have all done the same in recent months…
Honda and LG to Build $4.4B Battery Factory in U.S.
This announcement is part of a growing trend in the industry as automakers expand their partnerships with battery manufacturers to stay ahead in the race toward an EV future…
Honda Launches Most Powerful Civic Type R Ever
The 2023 Honda Civic Type R set a new lap record for front-wheel-drive cars around the Suzuka Circuit in Japan…
Toyota Crown Finally Returns to U.S. as Hybrid Upsized Sedan
Toyota’s decision to bring back the Crown as a replacement shows the company’s commitment to mainstream sedans…
Toyota Partners With Redwood Materials to Recycle EV Batteries
This is the latest in a string of partnerships between the recycling startup and battery manufacturers…