Automakers rev up six-figure rides, but the economy may slow their roll

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Automakers rev up six-figure rides, but the economy may slow their roll

Tesla says it sold a record 1.3 million vehicles last year

Austin, Texas — Tesla said Monday that sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk’s pledge to grow the company’s sales by 50% nearly every year. The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4… Continue reading Tesla says it sold a record 1.3 million vehicles last year

Tesla poised for delivery record despite demand concerns

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla poised for delivery record despite demand concerns

Diesel fuel prices dip in December but remain higher than usual

Diesel fuel prices have been steadily falling this month, offering relief to truckers and other customers, yet still remain historically high. Michigan’s average price per gallon is $4.85, down from $5.40 a month a ago and $5.96 at its peak in late June, according to AAA Michigan. Nationally, the average price has fallen 7 cents… Continue reading Diesel fuel prices dip in December but remain higher than usual

Volkswagen recalls Beetles to replace Takata air bags

Volkswagen is recalling nearly 42,000 Beetles in the U.S. and Canada because they have potentially dangerous Takata air bag inflators. The recall covers Beetles from the 2015 and 2016 model years. The National Highway Traffic Safety Administration says in documents posted Friday that the inflators can explode with too much force and hurl shrapnel. Takata… Continue reading Volkswagen recalls Beetles to replace Takata air bags

As Ford closes a Macomb County plant, workers and officials brace for change

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading As Ford closes a Macomb County plant, workers and officials brace for change

Auto sales for 2022 expected to be worse than 2020

After a year plagued by low inventory on dealer lots, 2022 is expected to end with automakers selling just under 14 million new vehicles for the lowest sales in more than a decade, according to Kelley Blue Book estimates released this week. Automakers will report their full-year, fourth-quarter and monthly sales next week. Full-year sales… Continue reading Auto sales for 2022 expected to be worse than 2020

New EV tax credits OK for leased vehicles, fed guidance says

Washington — Leased vehicles will likely be able to qualify for new commercial electric vehicle tax credits without meeting stringent mineral and battery requirements or being built in North America, according to U.S. Treasury Department guidance released Thursday. It’s a victory for automakers like Rivian Automotive, Hyundai Motor and Kia Corp., as well as the… Continue reading New EV tax credits OK for leased vehicles, fed guidance says

Tesla poised for delivery record despite demand concerns

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla poised for delivery record despite demand concerns

Diesel fuel prices dip in December but remain higher than usual

Diesel fuel prices have been steadily falling this month, offering relief to truckers and other customers, yet still remain historically high. Michigan’s average price per gallon is $4.85, down from $5.40 a month a ago and $5.96 at its peak in late June, according to AAA Michigan. Nationally, the average price has fallen 7 cents… Continue reading Diesel fuel prices dip in December but remain higher than usual