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

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.

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Ford CEO Jim Farley responds to recent F-150 Lightning price hikes

Teslarati

After announcing a series of price hikes for the Ford F-150 Lightning lineup, Ford CEO Jim Farley has responded to concerns. According to CNBC , Jim Farley has responded to criticism of price hikes that apply to the in-demand Ford F-150 Lightning. Ford is already working to combat these rising material costs.

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Ford Reaches Tentative Deal With UAW, Workers Return

The Truth About Cars

Striking Ford employees are heading back to the assembly line today after the United Auto Workers (UAW) union reached a tentative labor deal with the company late on Wednesday. Say whatever you want about Ford. Since the strike began, Ford put 50 [percent] more on the table than when we walked out.

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UAW expands strike to include 6,800 workers at Stellantis truck plant

Teslarati

UAW-represented workers walked off the job at the Sterling Heights, Michigan plant on Monday, with the UAW saying that Stellantis had the “worst proposal” on the table compared to fellow “Big Three” automakers General Motors (GM) and Ford (via Reuters ). Additional layoffs have faced adjacent auto parts suppliers.

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Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

The duo created a lithium-ion battery with lower voltage but also lower cost and greater safety. Twenty-five years later, the battery is gaining momentum in the auto industry as a means of reducing the cost of electric cars. Goodenough [left] shared the 2019 Nobel Prize in Chemistry with Akira Yoshino [middle] and M.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

However, in CY23, the company started observing a consistent 10% (monthly) increase in SUV contribution, with Ford EcoSport, Hyundai Creta and Tata Nexon emerging as the preferred options for Spinny’s customers. According to Srivatsa, the increase in the used-cars market is a great growth indicator for the industry.

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