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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

companies, including Tesla, Buick, Lincoln, and Ford. Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs

Electrek

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News

Green Car Reports

And Ford’s CEO sees EVs as the spark for a big industry consolidation. Is the auto industry headed for a big shakeout, and a price war over EVs? Mercedes puts a price on its EQB electric SUV. Toyota gets in the home energy storage business—albeit only in Japan, for now. In a financial.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Tesla reigns supreme here, but Ford, Hyundai, Kia, and others have made significant steps toward knocking the company out of its top spot. million units manufactured in 2022.

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Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 Follow us for interactive news & more. billion between January and July 2022 or 4% year-on-year.

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Ford and UAW reached a tentative local agreement at Kentucky plant

Teslarati

The United Automotive Workers (UAW) have come to a tentative local agreement at a Ford factory in Kentucky, after the union threatened to put the site’s almost 9,000 workers on strike last week if a deal wasn’t reached. My father grew up here, then moved to Michigan and got a job with Ford. Does this have business impact?

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Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

It’s not Volkswagen, the legacy automaker that Elon Musk states is the most serious one in the EV transition, nor is it GM and Ford, both of which are looking to release numerous EVs over the coming years. Don’t hesitate to contact us with news tips. So that’s Tesla’s rival.