The official representatives of the American brand Jeep announced that the company was forced to close its only factory in China due to government intervention. However, the automaker will supply and sell various Jeep models in the country. Jeep has closed its only factory … Read more
In the company’s strategic plan for the next 15-20 years published last Thursday, Honda Motor Co. announced its intention to lead the global electric motorcycle market. But there is an important, very important caveat… According to the forecasts of Honda analysts, with the plans … Read more
Tesla may be dethroned: according to a report by Bloomberg Intelligence, the American company, even despite the construction of new Gigafactories, will lose the title of the world’s largest manufacturer of electric vehicles in 2024. And the main rival of Tesla in the global … Read more
The leader in sales of cars without mileage in the US car market was the Ford F-Series pickup truck with a number of purchases in 49,454 cars. This is 6.9% higher than the figures of that year. The price of the starting rear-wheel-drive version … Read more
The first place in this rating belongs to the American manufacturer of electric cars Tesla, whose capitalization has reached $728.8 billion. The second result of $228.9 billion belongs to Toyota, and the bronze goes to the Chinese automaker BYD ($128.8 billion). A company from … Read more
Ford CEO Jim Farley expects the cost of producing electric vehicles to fall low enough in the coming years that some electric vehicles will be offered at $25,000. He believes this will lead to a “huge price war” in the industry. Due to production … Read more
Korean companies Hyundai and Kia plan to stop selling several of their sedans in the U.S.: according to Automotive News, such models as Hyundai Sonata, Kia K5, and rear-drive Kia Stinger will get under reduction. That won’t happen this year, however – the Hyundai … Read more
American drivers began to operate existing cars longer than before because of the scarcity of new cars at dealers. It is reported by Reuters, referring to a recent report of S & P Global. According to analysts, this year the average age of a … Read more
Nissan plans to launch a program to resell used cars of other brands in the United States. The condition of all used cars will be thoroughly inspected for 84 items, and they will be sold with a warranty of six months or almost 10,000 … Read more
Mercedes-Benz is preparing to become even more luxurious and premium. The new strategy of the brand focuses on expensive and ultra-exclusive models, but the cheaper Mercedes-Benz will be abandoned. It is reported by the press service of the concern. Mercedes-Benz plans to increase profitability … Read more
