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‘Stop looking FSD and Tesla,’ says Ford CEO

Teslarati

Tesla FSD Licensing update from Elon Musk: ‘We’ve had some tentative conversations, but ‘they don’t believe it’s real’ In comparison, Ford Blue’s pretax earnings are expected to reach about $7 billion to $7.5 In November 2023, Ford dealers were opting out of the Model e EV certification program. billion in its Model e EV.

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

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BYD profits decline 47% quarter-over-quarter in Q1 2024

Teslarati

For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai. year-over-year.

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QOTD: Will New Product Boost Infiniti?

The Truth About Cars

Scanning the news today, I came across a story about Infiniti's plans to unveil four new models, and while this could've been a standard news post, I decided it also worked as a QOTD. It seems a new QX80, based on the next-gen Nissan Patrol, is in the works. Expect an available air suspension. Or is it not enough?

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Ford F-150 Lightning listed among slowest selling used vehicles

Teslarati

days on dealer lots. In comparison, iSeeCars’ data showed that the average used vehicle was spending just about 49.2 days on dealer lots. Don’t hesitate to contact us with news tips. Granted, the firm also noted that the average electric car is currently taking a bit longer to sell compared to the industry average.

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Tesla China’s stellar June results help disperse doubts in EV sector

Teslarati

While the overall car sales to dealers are projected to decline by 5.9% in June compared to the previous year, the CPCA still anticipates a 30% rise in new-energy vehicle sales this year. ” The CPCA expects shipments of NEVs to dealers in June are estimated to have risen to 740,000 units.

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Ford Ranger Raptor Set for Q1 2024

The Truth About Cars

For comparison, a Ranger of any other trim is 75.5 The truck will be built at the Michigan Assembly Plant and is scheduled to be available at dealers in the first quarter of the 2024 calendar year. Its 17-inch wheels will be available with or without beadlock-style gear; the latter is an option. Total width is 79.8 inch track.

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