Lucid Motors Closes $1BN+ Investment from the Public Investment Fund of Saudi Arabia

Since announcing the investment agreement in September, Lucid has made substantial progress towards the commercialization of its products. The company has advanced the Lucid Air toward beta vehicle testing, established a vehicle charging network partnership with Electrify America, and is preparing to break ground on Lucid’s new manufacturing facility in Casa Grande, Arizona. Lucid’s team… Continue reading Lucid Motors Closes $1BN+ Investment from the Public Investment Fund of Saudi Arabia

American Honda and Honda Brand Set March Sales Records Fueled by Robust Car Sales; Acura Brand Continues Resurgence

Honda’s record March sales was led by Accord and Civic, as Honda cars were big contributors, even as trucks also set a new March record with strong sales for HR-V, CR-V and Ridgeline.   Civic, the retail car sales leader through February, rose 3.3% on sales of 33,653 units for a new March record.  Accord gained… Continue reading American Honda and Honda Brand Set March Sales Records Fueled by Robust Car Sales; Acura Brand Continues Resurgence