Browsing: auto industry

An analysis of the evolving US auto market, focusing on sales data from the fourth quarter of 2019 through 2024, highlighting the growth of electric vehicles and shifts in brand performance.

New vehicle prices have risen sharply in recent years, outpacing income growth and raising affordability concerns for consumers.

The European Union is preparing an automotive action plan to bolster the adoption of electric vehicles (EVs) and support local battery production, aiming to help EU carmakers compete with rivals in China and the United States.

A look at the uniformity and lack of excitement in contemporary car design, despite technological advancements.

BMW starts the new year strong, accumulating numerous awards from both the UK and Germany, including “Best Cars” and “Car of the Year” titles.

A recent J.D. Power study reveals that smartphone connectivity problems are the leading issue for new car owners, with wireless charging and over-the-air updates causing frustration.

December 2024 saw a surge in luxury vehicle sales, pushing average new-car prices close to record levels, with EVs also contributing to the rise. Incentive trends and brand-specific changes are also discussed.

A new study reveals that many non-Tesla EV owners are choosing gas-powered cars for their next purchase, with factors like pricing and range playing a role.

BloombergNEF forecasts a robust 22% growth for the electric vehicle market this year, with further acceleration expected as more affordable models hit the market in the coming years.

Tesla’s next-generation vehicle is planned for production in late 2025, aiming to boost growth with a new, affordable platform.