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I wish I had more to offer

Nothing here but dreams

Author: CNBC Online news

Consumers are shelling out an average $10,000 more for used cars than if prices were ‘normal,’ research shows

If depreciation assumptions had held true, used cars would cost thousands of dollars less, depending on factors including its age. Go to Source

Published July 21, 2022
Categorized as Automotive, News Site, US Motoring Press

Tesla shares jump on second-quarter report that was better than analysts feared

Shares of Tesla jumped more than 8% on Thursday after the electric car maker released second-quarter results that were better than analysts feared. Go to Source

Published July 21, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Financial Results, Tesla

Amazon is starting to deliver packages with Rivian electric vans

The vans will be deployed in a handful of cities to start, including Seattle, Baltimore, Chicago and Phoenix. Go to Source

Published July 21, 2022
Categorized as Automotive, News Site, US Motoring Press

Ford reassures investors it has the battery supplies it needs for ambitious EV goals

Ford will begin offering lower-cost LFP batteries in its Mustang Mach-E and F-150 Lightning. Go to Source

Published July 21, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Ford

Toyota plans to roll out hydrogen fuel-cell trucks for the Japanese market next year

Toyota started working on the development of fuel-cell vehicles back in 1992. Go to Source

Published July 21, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Toyota

Tesla grows revenue 42%, but automotive margins decline

Tesla’s margins were impacted by inflation and fiercer competition for the components that go into EVs. Go to Source

Published July 20, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Financial Results, Tesla

How to buy your first car without going broke

Car prices are at an all-time high right now. Here are tips to help you buy your first car on a budget. (Spoiler alert: It’s probably not your dream ride.) Go to Source

Published July 20, 2022
Categorized as Automotive, News Site, US Motoring Press

A top European carmaker suggests the global chip shortage is easing

Volvo Cars’ semiconductor inventory is now “back at fully supply,” CEO Jim Rowan told CNBC. Go to Source

Published July 20, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Geely, Volvo

UK plans $95 million hydrogen gigafactory to produce components for vehicles

Operations at the plant are planned to start in the first half of 2024. Go to Source

Published July 19, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Manufacturing

GM reveals electric Chevrolet Blazer priced starting at $45,000

The 2024 Blazer EV is expected to arrive in showrooms beginning next summer, with starting pricing between about $45,000 and $66,000. Go to Source

Published July 19, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM, Production/Sales News

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