Tesla (TSLA) Order Rates Are Soaring In The US As Rising Gasoline Prices Push People To Turn To Electric Vehicles.

Tesla’s order rates in the United States are surging as record gasoline prices encourage more people to buy electric cars, according to people familiar with the matter. However, the automakers are still… so deliveries are not likely to be affected significantly. Source: electrek.co

Memorial Day Car Sales And Specials Expected To Return This Year

New vehicle inventory, especially for domestically manufactured vehicles, is at its highest level in years, and car buyers should be able to find some great deals this holiday weekend, experts say. Ample inventory and pent-up demand — With many car buyers postponing purchases due to supply shortages and rising prices… Source: www.freep.com

Cox Automotive Analysis: Hyundai Motors Q3 2023 US Market Performance

South Korea’s Hyundai Motors, which includes the Hyundai, Kia and Genesis brands, is having an impressive year of growth. In 2019, Hyundai ranked 7th in total U.S. vehicle sales. In the third quarter, it overtook Stellantis, Honda, and Nissan to take 4th place, falling behind 3rd place Ford… Source: www.coxautoinc.com