Auto dealer stocks rally despite Wall Street’s ‘demand destruction’ theory

Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. The results and comments followed concerns… Continue reading Auto dealer stocks rally despite Wall Street’s ‘demand destruction’ theory

Inside the world’s first affordable solar-powered electric vehicle: The $25,000 Sono Motors Sion

Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a tour throughout the U.S., in anticipation of its eventual domestic release. Priced at $25,000, the car is more affordable than most EVs on the U.S. market. It… Continue reading Inside the world’s first affordable solar-powered electric vehicle: The $25,000 Sono Motors Sion

Payne: RIP for ’23 — These vehicles are headed for the automotive graveyard

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EU reaches deal to ban new combustion-engine cars in 2035

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 EU reaches deal to ban new combustion-engine cars in 2035

Orders open for Dodge’s ‘Last Call’ lineup for final year of Chargers, Challengers

Orders for the final production of the gas-powered Dodge Charger and Challenger muscle cars as they’ve been known for more than decade open at 9 a.m. Thursday at DodgeGarage.com. The four-door 2023 Charger starts at $32,645, the same as 2022, and next year’s two-door Challenger starts at $30,545, $100 less than ’22. Flagship SRT Hellcat… Continue reading Orders open for Dodge’s ‘Last Call’ lineup for final year of Chargers, Challengers

Payne: The mighty Ford F-150 Lightning’s kryptonite? A road trip

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 Payne: The mighty Ford F-150 Lightning’s kryptonite? A road trip