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Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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SEARCHMENUSEARCHWhile North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
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News comes one year after automakers agreed to a $5 billion effort to inject more affordability into the electrified market.
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Department says manufacturer misrepresented the safety of its autonomous technology.
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Projections for month put SAAR flat despite strikes.
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Couple, associate indicted on charges they faked auto sales for millions.
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Market depreciation last week was below seasonal patterns, and one truck segment actually rose.
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Pulls out of production in China while investing in Renault’s EV unit.
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Exceeds expectations but takes conservative posture as walkouts continue.
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Action is protest over the American automaker’s recent layoffs at Brazilian plants.
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Automaker also recorded double-digital revenue increases in the first nine months of the year.
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