Day: November 2, 2023

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Toyota slashes electric car sales forecasts, turns to hybrids

The world’s largest carmaker, Toyota, has slashed its electric vehicle (EV) sales forecast by almost 40 per cent. On Wednesday, Toyota released its financial results for the second quarter of fiscal year 2024,

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Volkswagen’s ‘sluggish’ electric car sales force it to change plans again

The Volkswagen Group has confirmed it’s delaying its fourth electric vehicle (EV) battery gigafactory for now due to European market conditions. As reported by Reuters, Volkswagen Group CEO Oliver Blume said the company

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Warren Buffett-Backed EV Maker BYD’s Sales Climbed Nearly 39% In October

store in Mexico City, Mexico, on Tuesday, Oct. 31, 2023. BYD has set up showrooms in Liverpool, the largest retail chain operator in Mexico, as EV share of new sales hit nearly 1%

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EV Leader Calls for Action to Accelerate Australia’s EV Shift

The CEO of the Electric Vehicle Council, Behyad Jafari, has warned Australia is being used as a “dumping ground” by car manufacturers, and has called for stronger policy action to boost “purple collar

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The impact of costly car insurance prices

KaJeza Hawkins and Carlos Mathis 5 hours ago DAYTON, Ohio (WDTN) — Car insurance rates in Ohio have seen a steep 56 percent jump in the last year. Many local residents are feeling

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Here’s Proof You Can Still Buy Cheap Cars On Those Fancy Internet Car Auction Sites

It’s easy to blame internet car auction sites for inflating the values of all the cars we know and love. After all, by opening up a finite pool of cars to a much

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California Says Electric Cars Now Make Up a Fifth of Auto Sales

One out of every five cars sold in California is now powered by a battery, registration data released Wednesday by the California New Car Dealers Association shows. In the first nine months of

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IRS Opens Portal For Car Dealers To Dole Out EV Tax Credits At Point-Of-Sale

Nachman and her daughters Sidney, 7, Annie, 11, and son Charlie, 10, for test driving a Bolt EV all-electric car at a Chevrolet dealership in Fremont, Calif. on Friday, Aug. 4, 2017. (Photo

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5 Unexpected Places To Buy Used Cars for Cheap

red_moon_rise / Getty Images The average cost of a used car is $26,510, according to Kelley Blue Book. While this is significantly less than what you can expect to pay for a new

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Toyota’s Hybrid Cars Are Selling Like Crazy Because Hybrids Are The Right Answer

Last Sunday was Reformation Sunday, the day when my Lutheran side of the family celebrates the Protestant Reformation and the Catholic side of my family quietly grumbles, which is maybe why I feel

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