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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

Analysts told Automotive News that Ford has seen Mach-E sales triple since the changes, bringing its significant dealer inventory down by nine percent. Mainstream car shoppers aren’t as willing to shell out a significant premium for an EV when comparable gas, hybrid, and PHEV models are less expensive.

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

Oh, and you’ll have to trade in a gas vehicle to get the price cut. Buyers who take delivery of a new Rivian before June 30 can get up to $3,000 off the R1T Standard + Pack, $4,000 off the R1T Large Pack, $5,000 off the R1T Max Pack, and $1,000 off the R1S Large Pack. Image: Rivian] Become a& TTAC& insider.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. According to the latest Kelley Blue Book data , average transaction prices for a new EV were down 9% in the first quarter compared to Q1 2023.

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First Private Oil and Gas Consortium Launches in Vietnam; DME Plant One of First Projects

Green Car Congress

t Nam News. Vietnam’s first private oil and gas consortium, Sao Nam Petro, recently launched with the participation of DSME of South Korea; AGR of Norway; and Longbeach Oil and Otto Energy, both from Australia. It also plans to build a gas reservoir in the North. Tags: Brief.

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The Jeep Wrangler Sends the V8 Off With a Bang

The Truth About Cars

Loaded down with almost every option available, the new Wrangler will cost around $102,000 to start. That said, the price tag buys not only the Jeep, but a serious tool kit, a Warn winch, and more. The Jeep Wrangler 392 Final Edition brings a close to the automaker’s eight-cylinder efforts, but at a cost. Under the hood, the 6.4-liter

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Kia Debuts Refreshed Sorento In South Korea

The Truth About Cars

In Kia’s typical fashion, the interior looks more upscale than the SUV’s likely price tag affords. We could see the new model as soon as the summer of 2024, and there will likely be hybrid and plug-in hybrid variants alongside the gas model when it arrives.& & [Image: Kia] Become a& TTAC insider. .&

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Hyundai teases its new INSTER EV for the first time, the latest affordable electric car

Baua Electric

Hyundai INSTER EV teaser image (Source: Hyundai Motor) Hyundai teases the first look at its new INSTER EV Hyundai dropped the first images of its new “A-segment sub-compact EV” Tuesday, the INSTER EV. The Hyundai INSTER EV is an evolution of the gas-powered CASPER model sold in Korea.