Elon Musk’s Latest Tesla Price Cut To ‘release Inventory’ Is Good News For Car Buyers, But Bad News For Investors

Tesla’s best-selling electric car now competes directly with gasoline-powered cars on price. Latest price reduction round. The price cuts could cost the company $1.2 billion a year, according to at least one investor. The base model Model 3 sedan costs $38,990, but it costs $8,700 less… Source: fortune.com

Kia K4 Hatchback Decided For US Market, Looks Good

Kia unveiled the hatchback version of its new K4 compact and confirmed it will be introduced in the US The previous Forte was not available in a hatchback version in the United States. Although exact timing is unknown, Kia says a hatchback version will arrive “at a later date.” The disappearing Kia Forte was only offered as a sedan in Read More

New Car Sales Continue To Fall, Meaning It’s A Good Time To Trade

Sales for most domestic and Asian brands fell by double digits in September, even though analysts expect automakers to sell more than 17 million vehicles, the same number since 2015. Economic uncertainty and the growth of the used car market are not helping automakers. What does this mean to you:… Source: www.caranddriver.com

3 Reasons Experts Say Now Is A Good Time To Buy An Electric Car

Electric vehicles were in short supply last year as the average price of gasoline exceeded $5 a gallon. But auto experts say now is a good time for drivers considering EVs to make the leap. Here’s why: Dealer has more cars A few years ago, buying an EV usually meant buying online… Source: www.cbsnews.com

Is It A Good Deal To Buy A Used Tesla From Hertz? Here’s What You Need To Know.

Hertz is selling used Teslas. Is it a good deal for the buyer? – MarketWatch Photo Illustration/iStockphoto, Tesla Hertz Global Holdings Inc. HTZ announced Thursday that it will sell. Approximately 20,000 electric vehicles From that fleet containing many Tesla Model S Sedan . This movement aims to better… Source: finance.yahoo.com

10 American Cars That Are Surprisingly Good At Drifting

Car enthusiasts attest that drifting provides the best and most addictive adrenaline rush. That’s why so many young Japanese drivers are good at drifting and continue to enjoy it even though it’s illegal in the country. The American also loves going sideways on the road and formula he drifts his tracks. Source: www.hotcars.com