The wholesale value of pre-owned vehicles experienced an unexpected 7.0% drop at the close of 2023, surpassing analysts’ predictions and marking a nearly 21% decrease from the peak observed during the pandemic…
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Cross-Country Cybertruck Adventure: A YouTuber’s 1340-Mile Journey Reveals Surprises and Challenges
Dennis Wang, a prominent YouTuber, embarked on a 1340-mile road trip with the highly anticipated Cybertruck, capturing the attention of Tesla enthusiasts. While enjoying the spacious design of the Cybertruck, Wang encountered…
LG Electronics Inaugurates U.S. Electric Vehicle Charging Station Factory Amid Market Expansion
LG Electronics has marked its entry into the competitive electric vehicle (EV) charging market with the opening of its first assembly factory in Fort Worth, Texas. The 100,000-square-feet facility, equipped with an…
Tesla Boosts Pay for U.S. Factory Workers Amid UAW Organizing Drive
In a move to keep pace with industry trends, Tesla Inc. has announced pay increases for all U.S. production associates, material handlers, and quality inspectors at its California car plant. While the…
Nissan Unveils Ariya Nismo: A Sportier Electric SUV with Performance Upgrades
Nissan has officially introduced the Ariya Nismo at the Tokyo Auto Salon, and it doesn’t disappoint in delivering a sportier version of its electric SUV. While not as aggressive as some competitors,…
First Look: Electric Dodge Charger Daytona Pre-Production Photos Unveiled
Dodge enthusiasts, rejoice! The first glimpses of the pre-production electric Dodge Charger Daytona have been revealed, generating excitement in the automotive community. Dodge recently shared these initial images on social media, offering…
Volkswagen Golf Mk8.5 GTI Facelift Goes DSG-Only: End of an Era for Manual Fans
In the latest automotive update, Volkswagen confirms the Golf Mk8.5 GTI facelift will exclusively feature a DSG transmission, marking the end of the road for manual gearbox enthusiasts. Despite initial hopes that…
Lexus Unveils LBX Morizo RR Concept: A Sporty Spin with GR Yaris Engine
Lexus introduces the LBX Morizo RR concept at the 2024 Tokyo Auto Salon, showcasing a high-performance crossover featuring the formidable three-cylinder engine from the GR Yaris and GR Corolla. This premium variant…
Tesla Halts Berlin Production Due to Red Sea Attacks, Supply Chain Disruptions
Tesla announces a temporary suspension of car production at its Berlin factory, lasting from January 29 to February 11. The move is attributed to component shortages caused by disruptions in transport routes…
Hertz Shifts Gears: Sells a Third of Its EV Fleet Amid Weak Demand, Eyes Gas-Powered Cars
Car rental giant Hertz is making a significant pivot in its vehicle fleet strategy, planning to sell 20,000 electric vehicles (EVs), which accounts for a third of its US EV fleet. The…