Category: Global

Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow – The New York Times

Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles. As Teslas and other electric vehicles dazzled car buyers with futuristic

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Mercedes-Benz Set A New Electric Car Sales Record In Q4 And 2023

Some 30% of Mercedes-Benz cars sold in 2023 were rechargeable. Jan 16, 2024 at 11:00am ET Mercedes-Benz Cars reports 514,000 global car sales during the fourth quarter of 2023 (down 4% year-over-year). The

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Analysis-Hertz’s EV sale to fan cost concerns, dampen used-car market

By Akash Sriram and Nathan Gomes (Reuters) – Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps 20,000 of them,

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China Automotive Systems (NASDAQ:CAAS) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a perfect world, we’d like to see a company investing more

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Will CT ban new gas car sales? Here’s what’s going on

Connecticut’s progress toward reducing motor vehicle emissions, the state’s largest source of pollution, hit a major roadblock last fall after Gov. Ned Lamont pulled regulations that would have required that all new cars

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The Car Dealership Billionaire No One Knows

Terry Taylor owns more than 120 dealerships across the country but few know much about him: “He’s like Batman.” By Devin Sean Martin, Contributor On a sultry November afternoon in West Palm Beach,

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Americans Can No Longer Afford Their Cars

For decades, car ownership has been a trademark of the American lifestyle, with vehicles becoming symbols of freedom, independence and even rebellion, as well as a necessity. But in 2024, the country’s legendary

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I Grew up Always Wanting to Drive My Own Car. Now I Know I Never Will.

Angle down icon An icon in the shape of an angle pointing down. Vehicles at used car dealership in Singapore. A car with 8 years or more left in its lifespan typically costs

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Why buying a car is more expensive than ever in the U.S.

The cost of car ownership in the U.S. surged after Covid shut down assembly lines and made vital semiconductors scarce. Then the Federal Reserve rapidly raised interest rates to combat high inflation, making

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Two charges dismissed against businessman in car sales fraud case | News

Two of the 11 fraud-related charges filed against businessman Akeem Adamson for failing to turn over a total of nearly $35 million to customers whose motor vehicles he sold have been dismissed.  The

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