@FCA: IONNA Breaks Ground on First ‘Rechargery’ and Announces New CTO

October 3, 2024 , Durham, N.C. –  IONNA, the charging network founded by eight of the world’s top automakers: BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota, announced they have broken ground on the first IONNA rechargery. In the thriving heart of Apex, North Carolina, just a few miles from its previously announced headquarters… Continue reading @FCA: IONNA Breaks Ground on First ‘Rechargery’ and Announces New CTO

Total Fleet Sales Falling Further Behind 2023 Levels

The combined sales for the three fleet sectors in September totaled 144,456 vehicles, down 6.4% from the September 2023 total of 154,000 fleet vehicle sales. Graphic: Bobit Overall, year-to-date fleet sales widened their decline last month compared to 2023 levels as commercial fleet sales fell at a higher rate, according to monthly Bobit fleet sales… Continue reading Total Fleet Sales Falling Further Behind 2023 Levels

Skoda unveils Elroq electric SUV with over 560km range

Skoda has globally unveiled the all-new Elroq electric SUV, debuting the brand’s ‘Modern Solid’ design language. It is Skoda’s first EV in the midsize SUV space that’s positioned between the flagship Enyaq iV and the upcoming Epiq compact EV due in 2025. It has already gone on sale in Europe, and while there’s no confirmation on an India launch,… Continue reading Skoda unveils Elroq electric SUV with over 560km range

Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported… Continue reading Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

Tesla stock slips after EV maker misses estimates on deliveries

watch now Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report. Here are the key numbers: Total deliveries Q3 2024: 462,890 Total production Q3 2024: 469,796 Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates compiled by FactSet… Continue reading Tesla stock slips after EV maker misses estimates on deliveries

@Hyundai: Kia America’s “Accelerate the Good” Dealer Match Program Raises More Than $4.5 Million for Non-profits Nationwide

Third year of Kia’s “Accelerate the Good” Dealer Match program increased overall donations by 20 percent over last year Program supported St. Jude Children’s Research Hospital, No Kid Hungry, Covenant House and The American Red Cross, Among Others Kia America today announced the third year of the automaker’s “Accelerate the Good” Dealer Match program which… Continue reading @Hyundai: Kia America’s “Accelerate the Good” Dealer Match Program Raises More Than $4.5 Million for Non-profits Nationwide

@Hyundai: Kia announces September 2024 global sales results

September 2024 global sales of 249,842 units, down 4.5% Y/y Outside of Korea, Kia sold 211,002 units, down 2.7% Y/y In Korea, Kia sold 38,140 units, down 13.6% Y/y Kia Sportage SUV led the company’s sales, selling 47,207 units, backed up by the Seltos and Sorento SUVs Global sales from January to September of 2024… Continue reading @Hyundai: Kia announces September 2024 global sales results

European automakers most at risk from US dockworkers strike

European automakers, many of which use the ports on strike, would be the most affected, Levy said in a research note. European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove… Continue reading European automakers most at risk from US dockworkers strike

Cars with six figure discounts this festive season

The festive season is upon us and most carmakers are offering massive discounts and deals to push sales. In fact, the discounts and benefits on offer have been ramped up significantly as most dealers have high inventory levels, and there is great need to clear old stock. Here’s a list of cars and SUVs with… Continue reading Cars with six figure discounts this festive season