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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& Automakers are going electric, which means that all the companies that rely on them will have to adapt.

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Automakers' Protests Against AM Radio Have Always Been About Money

The Truth About Cars

Plus, as The Drive pointed out, the Venn diagram of people who buy EVs and listen to AM radio has a very small overlap. One spokesperson told Automotive News that the expense would only be a fraction of the auto industry’s estimates. The good news for AM radio is that the auto industry appears poised to lose its fight.

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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

While it’s true that Americans don’t buy that many hatchbacks, it’s even truer that cars like the Nissan Leaf are precisely what we need. There’s no shortage of $50,000-plus EVs from all corners of the auto industry, but the sub-$30,000 (or even sub-$40,000) market is pathetically tiny.

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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BYD: Autonomous Vehicles Are "Basically Impossible"

The Truth About Cars

BYD, China’s largest electric automaker, isn’t as gung-ho about autonomous vehicles as many other auto industry giants. Companies can buy machines that perform the work done by humans, and the cost to break even on the investment only takes a few years.

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Multi-nation survey reports consumers want electric cars. Now.

Plugs and Cars

A Business Week blog reports on the survey by the Munich based consultants Bain & Co. Consumers would be buying now if there were products,” says Gregor Matthies, a Munich-based partner at Bain who specializes in the auto industry. The only problem? There are no cars for sale.

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GM Says Updated U.S. Emissions Rules Will Cost Auto Industry Billions in Fines

The Truth About Cars

During the meeting, GM estimated the auto industry as a whole could see penalties ranging from $1,300 to $4,300 per vehicle by 2031. According to Reuters , GM executive David Strickland met with White House Office of Management and Budget officials on July 17th to discuss the matter.