The car reflects the future design and technological directions of Buick, including a significantly redesigned logo for the first time in more than 30 years. Go to Source
Author: CNBC Online news
Chinese automaker Nio reports May EV sales constrained by Covid as rivals XPeng and Li Auto gain ground
Nio’s sales were up just 4% year over year as the company struggled to build and deliver vehicles amid the latest Covid outbreaks. Go to Source
Rising gas prices and inflation top travel concerns, overtaking Covid, survey finds
Most Americans plan to travel this summer, but rising gas prices and inflation now top their list of concerns, overtaking Covid. Go to Source
Memorial Day weekend car shopping is looking ‘pretty bleak.’ Here’s what to expect
Special sales among dealerships are minimal to nonexistent amid low inventory, sending many buyers to used-car lots, where prices remain elevated. Go to Source
Twitter shareholders sue Elon Musk and Twitter over chaotic deal
Since Musk’s acquisition bid, Twitter’s share price has dropped more than 12%, and Tesla’s is down about 28% as part of a broad sell-off in tech stocks. Go to Source
Booster is making renewable fuels accessible in ways a gas station cannot
Booster CEO Frank Mycroft says it has ramped up its business refueling commercial vehicle fleets so drivers are ready to go the moment they start a shift. Go to Source
Try these gas-saving tips before you hit the road this Memorial Day weekend
With gas prices at an all-time high heading into Memorial Day weekend, these savings tips can cut down the cost of filling up. Go to Source
Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028. Go to Source
Jeep maker Stellantis to build $2.5 billion EV battery plant in Indiana
Stellantis plans to invest more than $2.5 billion with Samsung SDI to build the automaker’s first U.S. electric vehicle battery manufacturing facility. Go to Source
Electric vehicles are in short supply. Here’s what you can find as gas prices soar
If consumers don’t want to wait for a new EV, some models may be easier to find than others, according to industry data compiled by CNBC. Go to Source