Browsing: automotive industry

Here’s how to try landing a bargain at this point as the tax credit for electric vehicles is set to expire.

Analysis of European car market trends in May 2025, focusing on electric vehicle adoption and CO2 emissions

The expiration of federal tax credits for electric vehicles is set to have far-reaching impacts on the automotive industry, affecting both dealerships and manufacturers.

The Europe Used Pickup Truck Market was valued at USD 1.6 billion in 2024 and is projected to grow at a CAGR of 4.3% to reach USD 2.5 billion by 2034, driven by increasing demand for cost-efficient utility vehicles and digital retail platforms for pre-owned vehicles.

Despite growing global demand for electric vehicles, legacy automakers are facing challenges with their premium EV offerings, with brands like Mercedes, Ferrari, and Porsche experiencing poor sales and depreciation issues.

Luxury minivans are gaining popularity in Asia, particularly in China, with brands like Mercedes-Benz, Zeekr, and Volvo introducing high-end MPVs with advanced features and luxurious interiors. But will this trend translate to Europe and the U.S.?

New EU car registrations experienced a 1.9% decline in Q1 2025 compared to the same period last year, with March 2025 showing a marginal 0.2% decrease amid a challenging global economic landscape.

Ferrari delays its second fully-electric car launch to 2028, citing tepid luxury EV demand and technology refinement needs

The manual transmission pickup truck is becoming extinct in America, with the Toyota Tacoma being the last remaining model. We examine its future and the demise of other manual trucks.

The 2022 Inflation Reduction Act sparked a surge in EV battery plant investments across the U.S., but recent data shows a significant slowdown due to waning demand and political uncertainty.