A few days ago, CNBC ran a story about GM’s confidence in the face of the threat of tariffs on Mexico and Canada, countries where U.S. domestic automakers have a sizable footprint. If the numbers are to be believed, GM is in a better position to weather tariffs than Ford … [continued]
As I just wrote, the wheels are now in motion to kill the US EV tax credit (or, well, all three of them — the $7,500 one for certain new EV purchases, the $7,500 one for EV leasing, and the $4,000 one for used electric cars). One would think that … [continued]
Talks between Honda and Nissan have ended with no agreement. The question now is whether Nissan can survive on its own.
According to various media outlets, Ford CEO Jim Farley wasn’t optimistic about the larger EV market during the company’s last earnings call. In short, the price of battery storage just isn’t coming down fast enough for Ford to see full-size trucks and SUVs as a profitable option anytime in the … [continued]
The unavoidable demise of the western car industry in China is not on the forefront of managers’ minds, and neither on those of journalistic or financial followers of the industry. And that is strange. For many conglomerates in the industry, China is their biggest and most profitable market. Losing it … [continued]
Ford has opened up orders for the 2025 Ford Mustang Mach-E, which has a starting price of just $36,495. Last week, I wrote about 10 electric SUVs/crossovers that compete with the Tesla Model Y and could, in theory, see a lot more sales. The Ford Mustang Mach-E was one of … [continued]
It seems like we should be well past the point of small pilot orders of electric vehicles for police units, but this is somehow where we still are. While it may be a decade late, the good news is the Michigan State Police (MSP) has just gotten a 2024 Ford … [continued]
The debate on one of the EU’s most important climate regulations is being distorted by bogus claims about high fines. Analysis has been circulating in the European Parliament estimating that car manufacturers would pay €15 billion in fines for not meeting the EU’s car CO2 targets in 2025. This echoes similar … [continued]
Ford’s electric vehicle sales in the 4th quarter reached a new high for the company. The company had 30,176 EV deliveries to close out 2024. Across the full year, Ford nearly reached 100,000 pure EV sales (97,865 when all was said and done on December 31). Notably, the company’s EVs … [continued]
Ford had a record year for electric vehicle sales (despite murmuring about an EV sales slowdown from executives at the beginning of the year). One program the company has used to help spur on sales is Power Promise, which provides complimentary home chargers and installation (as long as the installation … [continued]
