Plug-In and Gas Hybrids Top GreenerCars’ 2022 Ratings as Automakers Shift to Larger EVs
Feb 15, 2022
Washington, DC February 15, 2022; All-electric vehicles (EVs) now account for fewer of the dozen greenest cars available, partly because of a shift toward larger and heavier EVs that are less environmentally friendly, according to this year’s GreenerCars ratings, released today by the American Council for an Energy-E ... Continue reading
Feb 14, 2022
ATLANTA, Feb. 14, 2022 -- When it comes to the leading automotive brands, the list of who's hot and who's not has significantly changed, according to the latest Kelley Blue Book Brand Watch™ Report for Q4 2021. ... Continue reading
Feb 13, 2022
Korean auto brands Kia, Genesis and Hyundai earn three of the top four rankings in the newly redesigned J.D. Power 2022 U.S. Vehicle Dependability StudySM (VDS), released today. Buick and Toyota also make the list of the brands with the fewest reported problems after three years of ownership. ... Continue reading
Making Electric Vehicle Leap of Faith is Highly Satisfactory to New Owners, J.D. Power Finds
Jan 27, 2022
As automakers continue to build excitement with new electric vehicle (EV)1 launches, first-time owners who have made the switch to battery electric vehicles (BEVs) are discovering that it is a positive experience. Satisfaction among owners who are new to BEVs averages 754 (on a 1,000-point scale), which is comparable t ... Continue reading
J.D. Power Announces 2022 U.S. ALG Residual Value Awards
Nov 18, 2021
J.D. Power 2022 U.S. ALG Residual Value Awards, highlighted by Honda and Lexus being named brand award winners in the mass market and premium segments, respectively. “Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the U ... Continue reading
New-Vehicles Sales Satisfaction Rankings Unchanged from Year Ago, J.D. Power Finds
Nov 16, 2021
customer satisfaction with the vehicle purchase experience holds steady year over year, according to the J.D. Power 2021 U.S. Sales Satisfaction Index (SSI) Study, SM released today. ... Continue reading
How Car Shortages Are Putting the World's Economy at Risk - AIADA
Nov 2, 2021
The AIADA featured a NY Times story that worries us. Turmoil in the auto industry, a powerful engine of the global economy, is threatening growth and sending tremors through companies and communities that depend on carmakers for money and jobs, reports The New York Times. ... Continue reading
Nov 2, 2021
Let’s not play politics with the environment, the American autoworker, or the American consumer. Toyota believes that the future of automobiles is electric. ... Continue reading
Foxconn sets new milestone with three EV prototypes, says GlobalData
Oct 20, 2021
Foxconn sets new milestone with three EV prototypes, says GlobalData Following the news that Taiwan smartphone maker Foxconn showcased three electric vehicle (EV) prototypes under its own ‘Foxtron’ brand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics co ... Continue reading
Foxconn (Nee Lordstown Motors) EV production plan in motion
Oct 20, 2021
Foxconn EV production plan back in motion with Lordstown Motors’ Ohio plant acquisition, says GlobalData Following the news that Taiwanese iPhone maker Foxconn acquires Lordstown Motors’ Ohio electric vehicle (EV) factory for $230m; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading da ... Continue reading
More than 100 U.S. lawmakers urge Pelosi to back union EV tax credit
Oct 12, 2021
WASHINGTON, Oct 12 Reuters reported that more than 100 U.S. House lawmakers on Tuesday urged Speaker Nancy Pelosi to keep a $4,500 tax credit incentive for union-built electric vehicles (EV) in a massive spending bill. In a letter seen by Reuters, 107 Democrats urged Pelosi to retain the credit supported by the United ... Continue reading
Oct 5, 2021
Electric truck maker Lordstown warns of going concern risk; shares tank Ankit Ajmera and Ben Klayman reporting for Reuters reported that U.S. electric truck maker Lordstown Motors Corp said on Tuesday there was “substantial doubt” about its ability to continue as a going concern in the next year because of problems ... Continue reading
Lordstown Motors Update October 7, 2021
Oct 5, 2021
"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs, new platforms, new segments that have yet to be developed), we believe there would likely be little left for shareholders." Jonas and team think the downside to ... Continue reading
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