Remove Affordable Remove For Sale Remove Ford Remove Insight
article thumbnail

Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., This is down from 111 days, the peak of 2023, which occurred in early July.

article thumbnail

It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. per cent) Tesla Model Y – 596 (7.9

Australia 110
article thumbnail

Opinion: GM Shooting Itself in Foot By Killing Chevrolet Malibu

The Truth About Cars

Sure, the current Malibu is a bit behind the competition -- most car reviewers would place it behind the segment stalwarts from Honda and Toyota, and clearly most buyers have, too -- but it is still affordable and fuel efficient. Ford and Stellantis have mostly exited the space, too.

Chevrolet 116
article thumbnail

As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Since then Daimler , Ford Motor Company , General Motors , Stellantis and Volkswagen Group, have committed an additional $152 billion in investments, a sum four times their combined 2019 operating profits. As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US.