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Jeep production facility halted due to cost of EV transition, says Stellantis

Teslarati

A Stellantis-owned Jeep production facility in Illinois will be ceasing production and laying off over 1,000 workers as the automaker looks to cut costs ahead of its EV transition. Stellantis calls the move “difficult but necessary” as it battles with increased costs as it transitions to producing electric vehicles.

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi When Dilip Singh was looking to sell his seven-year-old SUV whose odometer had clocked nearly 1 lakh km, he was surprised to find that he managed nearly 70% of the cost of the vehicle. Used car marketers say the demand pull means a slightly older SUV is available for the price of a hatch. lakh and INR 7.1

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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. That model will start around 32,000 euros ($35,000), Carlucci revealed.

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Skoda Auto India launches Kushaq Onyx with AT at INR 13.49 Lakh – ET Auto

Baua Electric

The Onyx AT, like the Onyx before it, slots between the current Active and Ambition variants of Skoda’s best-selling SUV. New Delhi: Skoda Auto India has implemented one more enhancement in its 5-star safe fleet — the introduction of the Kushaq Onyx AT at INR 13.49 The SUV scored 29.64 The rear sees the wiper and defogger.

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Tesla slashes costs of top rate fashions through 45,000 yuan (6,204 USD) in China

Baua Electric

On July 1, Tesla introduced on their Chinese language social media accounts that it short all of the Type S and Type X lineup costs. Each discounted fashions are imported as Tesla’s Giga Shanghai plant manufactures handiest the Type Y SUV and Type 3 sedan.

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Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. With this in mind, Kelley Blue Book (KBB) named its 2023 model-year brand and category winners of its 5-Year Cost to Own Awards. Don’t hesitate to contact us with news tips.

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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

The startup is now turning to auto dealerships for sales and services. “I went to my accounting department and asked what is the cost of selling a car? In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day.

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