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Category: US Motoring Press
New automotive club coming to Howell: What to know
It’s a car thing. Ever dreamed of being able to spend a weekend with just you and your fancy ride? Poof. That dream just came true. Michigan is getting a 273-acre automotive club. Motorsports Gateway Howell starts construction Jan. 9, according to a news release. The location is 1 mile from downtown Howell, and it… Continue reading New automotive club coming to Howell: What to know
Tesla’s stock is headed for its worst month, quarter and year on record
Win McNamee | Getty Images Tesla’s sell-off intensified on Tuesday, with the stock closing down 11%. Elon Musk’s electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the most valuable tech companies. The latest… Continue reading Tesla’s stock is headed for its worst month, quarter and year on record
Chinese EV maker Nio cuts delivery guidance for fourth quarter, citing Covid disruptions
Chinese electric car company Nio delivered more than 5,000 cars in April despite Covid restrictions in some parts of China, albeit down sharply from nearly 10,000 vehicle deliveries in March. Future Publishing | Future Publishing | Getty Images Chinese electric vehicle maker Nio Inc. lowered its fourth quarter outlook for deliveries, citing supply chain disruptions… Continue reading Chinese EV maker Nio cuts delivery guidance for fourth quarter, citing Covid disruptions
Use this calculation to find the best used car for your money — plus 10 models that come out on top
watch now Buying a used car has typically been considered a smart way to save by avoiding the steep depreciation costs that go hand in hand with new cars. However, a limited supply of new cars and trucks due to the ongoing chip shortage caused demand for used cars to skyrocket, pushing prices much higher… Continue reading Use this calculation to find the best used car for your money — plus 10 models that come out on top
2023 could be another difficult year for the auto industry – here’s why
A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for the global automotive industry in 2022. Those issues aren’t expected to be resolved quickly. There’s growing concern on Wall Street that this year’s… Continue reading 2023 could be another difficult year for the auto industry – here’s why
Tesla’s deepening stock rout obliterates half of meteoric 2020 rally
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’s deepening stock rout obliterates half of meteoric 2020 rally
Auto New Year: EVs, muscle and SUVs galore on tap for 2023
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 Auto New Year: EVs, muscle and SUVs galore on tap for 2023
Explainer: 2023 tax credits for EVs will boost their appeal
Washington — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. But a complex web of requirements, including where vehicles and batteries must be manufactured to… Continue reading Explainer: 2023 tax credits for EVs will boost their appeal
Classic Legends cannot use the Yezdi name, orders Karnataka High Court
Yezdi has been an iconic name in the Indian motorcycling scene for nearly five decades now and was revived with modern machinery, derived from sister brand Jawa (both of which are under the Classic Legends umbrella), earlier this year. However, the Karnataka HC has found the ‘Yezdi’ brand to be under the ownership of the defunct… Continue reading Classic Legends cannot use the Yezdi name, orders Karnataka High Court