Crowded EV Market in '24 to Force More Discounting, Likely Delays
Automakers are launching many new EVs in 2024, including CUVs and SUVs, but sluggish demand will likely force discounting.
Source: wardsauto.com
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Sanctions May Hamper Chinese Automakers in Russia
Despite secondary sanctions on Russian automakers’ foreign partners, Chinese automakers are targeting an 80% share of the Russian market in 2024.
Source: wardsauto.com
US sales of new Class 8 trucks falling further behind '22
LITTLE ROCK, Ark. -- For the first seven months of 2023, U.S. sales of new Class 8 trucks exceeded sales in the corresponding month of 2022. But August
Source: thetrucker.com
Chevy Refreshes 2025 Suburban/Tahoe With Towing Tools, Cameras
Chevrolet adds new features and luxury appointments to its category-dominating Suburban and Tahoe SUVs.
Source: wardsauto.com
Sanctions Hurting Leading Russian Automaker AvtoVAZ
AvtoVAZ had planned to produce 400,000 Lada cars this year, but that amount will be reduced at least 10%, company President Maxim Sokolov says.
Source: wardsauto.com