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The Latest Breaking News from Cox Automotive

Carmakers Face Doubts And Jolts Over US Tariffs

Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles.

International Business Times

Trump's New Car Tariffs Are a $100 Billion Tax Increase No One Wants

The president gleefully predicted that the cost to consumers could be as much as 10 times higher.

Reason

Tesla Cybertruck Sales Are Falling Off

The Tesla Cybertruck may be America's best-selling electric truck, but lately, it's not doing so hot. On Thursday, Tesla said it was recalling over 46,000 of the trucks—basically every one it's ever made—to fix trim panels that are prone to flying off while the vehicle is in motion. On top of that,…

InsideEVs

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Nobody Is Winning The Electric Pickup Truck War. Yet.

It’s the auto industry’s weirdest market. There are six EV trucks on sale in the U.S., made by more brands than the blockbuster half-ton gas truck market. Yet no one is selling big-truck volumes. It is a more expensive version of what is typically an automaker’s most profitable vehicle. Yet…

InsideEVs

Rivian’s Van Outsold The Ford E-Transit And Mercedes-Benz eSprinter Combined

With news of Rivian’s R1S electric SUV making it on the top 10 list of best-selling EVs last year, it’s easy to forget that the California-based startup also makes commercial vehicles. And while vans aren’t particularly exciting–they’re basically big metal boxes on wheels–Rivian’s humble Electric Delivery Van (EDV), later renamed…

InsideEVs

These Are The Top-Selling U.S. Electric Vehicles Of 2024

They called it a "sales slowdown" in 2024. And indeed, sales of all-electric vehicles haven't taken off as quickly as the auto industry's once-optimistic projections. But EVs still made up a record 8.1% of new-car purchases in the U.S. last year at 1.3 million units moved and sales are continuing…

InsideEVs

The Tesla Cybertruck Was A Hit In 2024, But The Hype Is Fading

Tesla sold 38,965 Cybertruck pickup trucks in 2024, according to estimates from Cox Automotive. In its first full year on sale, the Cybertruck dunked on the electric version of the famed Ford F-150. It ran circles around the Chevrolet Silverado EV. It trounced the Rivian R1T, too. It was the…

InsideEVs

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U.S. EV Sales Get A Trump Bump In Q4 2024

America proved again in 2024 that cars are part of the country’s social fabric. Despite the extreme polarization around electric vehicles in a historic election year, American car buyers were resilient in 2024, analysts say. Early sales estimates for 2024 are in and it’s clear that EVs and hybrids played…

InsideEVs

The Life Cycle Of An EV Battery: From Manufacturing To Recycling

As EVs continue to reshape the transportation industry, understanding the journey of an EV battery—from its creation to its eventual recycling—has never been more important.    The life cycle of these batteries is a complex, multi-stage process, and every phase holds opportunities to reduce environmental impact, maximize efficiency, and extend the value…

InsideEVs

Lower-priced new cars are gaining popularity, and not just for cash-poor buyers

An “affordability shift” is taking root in the U.S. auto industry

The Independent UK

Leasing Data Proves the Only Thing Stopping Mass EV Adoption Is Price

EV sales in the US grew last quarter, accounting for 8.9 percent of new vehicles sold.

Motor1

U.S. EV Sales Hit Another Record In Q3 2024: '10% Share Within Reach'

General Motors has officially become America's second-best-selling EV maker behind Tesla, pushing Hyundai Motors Group into the third spot.

InsideEVs

Tesla Sales Slump Won't Stop Record U.S. EV Sales In Q3

Tesla Model 3 and Model Y sales are sinking. Despite that, nearly 340,000 EVs are expected to be sold in Q3.

InsideEVs

Californians Are ‘Ashamed’ To Drive Teslas

New rivals and CEO Elon Musk’s controversies drive people away from Tesla in the Silicon Valley region.

InsideEVs

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InsideEVs

The New Car Market Is 'Stuck' Because Buyers Can't Afford Them

Electrified vehicles had a pretty strong sales month in August, but the whole car market is slowing "unless consumers get some relief."

Fortune

Small cars are back because that's all Americans can afford

The Ozempic economy has come for American SUVs.

Motor1

Auto Repossessions Are Soaring

A study shows cars are being repossessed at a shockingly high rate through the first half of 2024, exceeding pre-pandemic levels.

Fortune

The walls are closing in on Tesla: EV makers just took a bite out of its market share, and investor Bill Gross says it's a meme stock now

Tesla’s stock rebounded after starting off the year as the worst-performing in the S&P 500.

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InsideEVs

Tesla Needs A Radical Strategy To Turn Around. How About Acting Normal?

Tesla's global car deliveries dropped for the second quarter in a row. What would it take to turn things around?

InsideEVs

Long-Range EVs Are Finally Cheaper Than Average Gas Cars

Thanks to affordable new models from General Motors, Tesla and Hyundai, price parity with gas cars is no longer a distant dream.

Kiplinger

How Old Is Your Car? Americans Set New Record as Prices Stay High

Americans are driving older cars than ever before, a new report shows, as prices for new cars remain high.

StockNews.com

3 A-Rated Auto Stocks to Diversify Your Portfolio

Despite the macroeconomic bumps, the automotive sector has been accelerating at a steady pace. Therefore, it could be beneficial to add some A-rated auto stocks Continental Aktiengesellschaft (CTTAY), Mazda Motor Corp. (MZDAY), and Ituran Location and Control (ITRN) to help diversify your portfolio. Read on….

Fortune

The cost of buying a used electric car is plummeting—and that’s great news for mass adoption, but bad news if you already bought one

EV prices are cheaper than ever, opening the market up for budget buyers but costing EV owners thousands in lost resale value.

InsideEVs

For Car Companies, It's 'Damned If You, Damned If You Don't' With Investors

Plus, car dealers, who never wanted to sell EVs anyway, are extra down on them lately, and Tesla settles a racial discrimination lawsuit.

InsideEVs

New EV Prices Went Down Over $2,000 On Average In February

EVs were still $5,000 more expensive on average than the industry ATP, though, so there's still work to be done to make battery-powered cars more affordable.

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