Last Friday, Tesla announced it was dropping $2,000 off the prices of three of its five models, the latest in a series of price cuts and underperforming sales.
Luxury electric-vehicle brands are eating away at Tesla's lead sacbee.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sacbee.com Daily Mail and Mail on Sunday newspapers.
Record 1.2 Million EVs Sold in U.S. Last Year automotive-fleet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from automotive-fleet.com Daily Mail and Mail on Sunday newspapers.
Auto Market Forecast for 2024: The Old Normal autorentalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autorentalnews.com Daily Mail and Mail on Sunday newspapers.
Auto Market Forecast for 2024: The Old Normal automotive-fleet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from automotive-fleet.com Daily Mail and Mail on Sunday newspapers.
Constrained economic expansion will translate to slow growth across the new, used and wholesale auto markets, but 2024 is expected to be the best year for car buyers since the pandemic. New-vehicle inventory is expected to reach pre-pandemic norms in 2024, leading to downward pressure on transaction prices for consumers and compressed margins and lower profitability for dealers.
Cox Automotive forecasts full-year 2023 U.S. auto sales to finish near 15.5 million units, up from 13.9 million in 2022 and down from the market peak of 17.5...
Cox Automotive forecasts full-year 2023 U.S. auto sales to finish near 15.5 million units, up from 13.9 million in 2022 and down from the market peak of 17.5 million in 2016. Cox Automotive forecasts annual vehicle sales pace in December to be near 15.1 million, up 1.6 million from last December's 13.5 million pace but down from November's 15.3 million level.