The Average New Car Now Costs $48,247, A $10k Jump In 5 Years
Plus Buick dealers throw in the towel, and Daihatsu is in hot water.
Source: jalopnik.com
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If you can't beat, buy them: GM snatches key Tesla supplier in EV race
Tesla can now develop a car in 18 to 24 months, most rivals currently take three to four years
Source: dunyanews.tv
Vehicle Manufacturing: Motor vehicles lift US manufacturing output in July, ET Auto
Vehicle Manufacturing: Mining output increased 0.5% after dropping 0.9% in June. Utilities production soared 5.4%, rebounding after three straight monthly declines as heat-wave across many parts of the country increased demand for air conditioning.
Source: indiatimes.com
Tesla Motors: Tesla launches cheaper Model S and X versions in US with shorter ranges, ET Auto
Tesla Motors: The Austin, Texas-based automaker has slashed prices in the U.S., China and other markets since late last year, and has offered other incentives to reduce inventory, trying to shield itself against competition and economic uncertainty. The company on Monday cut prices in China for its Model Y long-range and performance versions, sending shares lower on concerns of further pressure on its profit margins.
Source: indiatimes.com
Tesla nearly doubles deliveries compared to last year - Business & Finance
NEW YORK: US automaker Tesla beat analyst expectations in the second quarter, delivering 466,140 vehicles despite a...
Source: brecorder.com