As EV Sales Slump, Volkswagen Scales Back Battery Factories Buildout

Enlarge / A VW worker on the assembly line at Emden in Germany. Volkswagen Volkswagen will wait to see what electric car demand is like before building out all six of its previously planned battery factories. Thomas Schmall, VW’s board member in charge of technology, told a German newspaper… Photo and Credits: This article is from Jonathan M. Gitlin and Read More

As EV Sales Slump, Hertz’s Bargain Sale Sees Used Teslas Drop To $25,000 Without Discount

The race for the $25,000 EV in the U.S. auto market has been won, but not in the way the auto industry hoped. Hertz Global Holdings Inc. has been in Tesla sales mode since January, selling 20,000 electric vehicles from its global fleet, accounting for nearly a third of the rental car company’s existing EVs. Source: www.cnbc.com

Fourth Of July Car Sales Are The Best Time To Grab A Bargain

With summer in full swing, car buyers have every reason to mark the Fourth of July on their calendars. For those who can’t wait until the end of the year to sell their cars, the summer holidays are the perfect time to negotiate deals and take advantage of manufacturer incentives. The Fourth of July in 2024… Source: caredge.com