Pricey Electric Cars Driven 20% Less Than Gas-Powered Vehicles
As Democratic President Joe Biden urges Americans to keep their roads green, drivers appear to be choosing to drive gasoline-powered vehicles over electric ones. According to a recent report from ISeeCars.com, drivers are using electric vehicles (EVs) 20% less often than gasoline-powered vehicles. report Friday. Breitbart News reported on April 1 that Biden plans to […]
Video Shows Wild Police Chase End After Woman Hits Multiple Vehicles Head On
Los Angeles police released video of a wild police chase across the city Friday morning that resulted in multiple head-on crashes, FOX11 reported. Police reportedly began the high-speed pursuit of the white van involved in the chase after someone reported a screaming match between the van’s female driver and another driver, Wayne Dean, at about […]
Could your car make you sick? Study highlights potentially cancerous toxins in vehicles
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New vehicles are becoming more affordable as vehicle loan interest rates decline
Auto loan interest rates fell to 10.47% in March. (iStock) Thanks to lower interest rates on auto loans, drivers are feeling some leniency in new car prices. Cox Automotive/Moody’s Analytics Vehicle Price Index is shown. The average interest rate on new cars in March fell to 10.47%, the lowest level since September. That said, consumers […]
Amazon-owned Zoox self-driving vehicles facing probe after two crashes
The National Highway Traffic Safety Administration announced Monday that it has opened an investigation into Amazon’s self-driving Zoox, which was linked to two rear-end crashes in which motorcycles were injured due to unexpected braking. NHTSA has begun a preliminary evaluation of Zoox 500 vehicles equipped with autonomous driving systems after two crashes involving vehicles from […]
Biden administration set to announce new tariffs on electric vehicles from China
The White House is set to announce new China tariffs as soon as next week, with a levy on electric vehicles and other clean energy goods. The full announcement is expected on Tuesday and will target solar goods, critical minerals, and batteries from China, according to reporting from the Wall Street Journal. The Biden administration […]
Mercedes-Benz Backs Away from Electric Vehicles amid Weak Sales
German luxury carmaker Mercedes-Benz has backed away from its pledge to fully transition to electric vehicles (EVs) by 2030 after sluggish sales, shifting away from gasoline cars, which remain in high demand among car buyers. We are proceeding with the transition. According to Bloomberg UK, Mercedes-Benz CEO Ola Källenius said: Said Shareholders said Wednesday that […]
GM CEO committed to China and electric vehicles
General Motors CEO Mary Barra said the company will move forward with its operations in China despite significant losses there in the first quarter of 2024. Barra recently visited China and pledged that GM remains committed to the market that has been the company’s mainstay since 1997. The $106 million first-quarter loss in China was […]
Industry group warns of Chinese connected vehicles
The U.S. Department of Commerce’s 60-day public comment period on the national security concerns of connected cars ended this week, with a major transportation group issuing a grave warning about the potential threat to the U.S. auto industry. These threats surround the potential for foreign adversaries, particularly China, to leverage connected car technology to steal […]
Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024
Ford Motor Co. reported a massive loss of $132,000 per electric vehicle (EV) sold in the first three months of 2024, bringing its losses to $1.3 billion. The automaker’s electric vehicle division said Thursday that sales have fallen 20% and weak consumer demand has forced it to cut prices. CNN report. Related video — Granholm: […]