Tesla posts second-quarter sales drop amid supply chain, pandemic problems

DETROIT — Tesla’s profits from April via June fell to their cheapest quarterly amount given that last drop as source chain troubles and pandemic constraints in China hobbled generation of…

General Motors (GM) Q2 2022 US sales

The GM logo is viewed on the facade of the Basic Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Prepare dinner | Reuters DETROIT – General Motors’ U.S. vehicle…

Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035

Visitors in Paris, France, on May 12, 2020. The European Parliament now supports the European Commission’s target of a 100% minimize in emissions from new passenger autos and vans by…

Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground

Nio started deliveries of its new ET7, an upscale electrical sedan, on Monday, March 28, 2022. Nio Chinese electric motor vehicle maker Nio shipped additional than 7,000 vehicles in Could,…

Ford Clarifies CEO Jim Farley’s Comments on Digital Sales

Comments from Ford CEO Jim Farley on Thursday seemed to indicate that the corporation was going to changeover to 100 % on the web, fixed-value sales for its EV offerings…

Ford Is Going to 100% Online, Fixed-Price Sales For EVs, Says CEO

The Ford brand name will changeover to solely on line, preset-value, delivered-to-your-doorway revenue for EVs, CEO Jim Farley reported, in a assertion described by United states of america Now. “We’ve…

Ford CEO suggests new EV sales model that’s ‘100%’ online

Ford CEO Jim Farley claimed the brand’s electric powered cars could shift to preset charges and completely on the web product sales. In a speech right now at an IBM…

Ford’s US sales decline narrows in May amid tight supplies

The Mustang Mach-E is Ford’s first new all-electrical car or truck less than an $11 billion financial investment system in electrified cars through 2022. Michael Wayland / CNBC Ford Motor…

Memorial Day Sales on Automotive Gear You Don’t Want to Miss

Amazon, Chemical Guys Secondary to the remembrance of these who designed the top sacrifice for our region, Memorial Working day is recognized for that includes major profits on all manner…

China, Europe car sales dampened by chip shortage, COVID measures

SHANGHAI/BERLIN — Car gross sales in China and Europe continue to be frustrated as opposed to last year’s concentrations as semiconductor shortages and anti-pandemic actions weigh on world autos markets,…