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

Teslarati

.” Tesla was followed by Buick ($4,900), Toyota ($4,900), and Lincoln ($5,040), with the analysis generally looking at repair and maintenance costs over one- to five-year and six- to 10-year periods. The post Tesla maintenance and repair costs are lowest in the auto industry: data appeared first on TESLARATI.

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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Low Gas Prices Won't Affect Loyal Owners As 2016 Toyota Prius Hybrid Looms

Green Car Reports

In the auto industry, it''s generally assumed that as gas prices drop, so do sales of green cars. Most consumers consider switching to more fuel-efficient, hybrid, or plug-in electric cars because of their anticipated lower fuel costs--but if gas is already inexpensive, the math doesn''t look as good.

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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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Lexus forces customers to make a hard decision

Teslarati

Toyota, and by extension its luxury brand, have become renowned for their adherence to hybrid vehicle technology and their opposition to electric vehicle technology as it currently stands. Do they want one of the last gas vehicles ever made, do they want a hybrid, or do they want an EV from another brand?

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EV prices nipping at gas-powered vehicle heels with discounts and cheaper options

Baua Electric

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. EV prices are closing in on gas-powered vehicles According to Cox Automotive , the average transaction price for an EV was $50,798 at the end of 2023. Tesla led the way after slashing prices all year.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. As consumer demand has shifted, companies like Toyota have added more fuel efficient models. The Cost of Gas Has a Big Impact on Vehicle Choice. SUV and Truck Sales Decreased as Gas Prices Increased.

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