German car manufacturers turned in their worst quarter since the days of the 2009 global financial crisis, according to a study released Monday by financial consultancy EY. Together, earnings before interest and taxes (EBIT) at Germany's biggest automakers, Volkswagen, BMW and Mercedes-Benz, plummeted by nearly 76% in the quarter between July and September. The statistics indicate that although sales and revenue remained stable, production and running the business has become much more expensive, and carmakers are earning less from sales.
The EU's outright ban on the sale of new petrol and diesel cars from 2035 is poised to be watered down, a senior European parliament politician has said. The decision, expected to be unveiled by the European Commission on Tuesday in Strasbourg, would be a divisive move, angering environmental campaigners who argue it would amount to the gutting of the EU's flagship green deal.
It means "improvement"often the continuous, gradual, methodical kind. And Toyota's first electric vehicles, including the Subaru Solterra, badly needed some of it. On paper, those EVs should've capitalized on the uber-popularity of cars like the Toyota RAV4 and the Subaru Forester. Instead, the original Solterra offered middling range figures, delivered abysmal fast-charging times and lacked key EV software features, like automatic route-planning. Its Toyota twin, the bZ4X, had all of the same problems.
Donald Trump's trade tariffs have failed to hold back China's export dominance, which scaled new heights in November. China's trade surplus the difference between the value of goods it imports and exports has hit $1 trillion for the first time, a significant yardstick in the country's role as factory of the world, making everything from socks and curtains to electric cars.
On Wednesday, president Trump announced plans to drastically lower fuel efficiency standards for new cars and pick-up trucks, the New York Times reports, claiming the move will save over $100 billion over the next five years and lower the average price tag of new vehicles by $1,000. But both symbolically and in actual effect, the move would be firmly putting Biden era environmental policy in the rear view mirror, ditching regulations and consumer incentives to encourage the adoption of electric vehicles.
On Dec. 1, TikToker Julia Rose (@julia.whiteeee7) posted a video, which amassed over 128,600 views as of Tuesday, expressing that being a passenger in electric vehicles causes motion sickness. Riding in the back of an electric vehicle is a different type of car sickness omfg, reads the text overlay in a video of her in which she appears nauseous in the back of a moving vehicle. Are Self-Driving Vehicles More Likely To Cause Motion Sickness? The comments were quick to validate her statement, with many comments claiming that they also get particularly motion sick from self-driving vehicles such as Teslas.
Though the benefit technically ended for solo drivers a few months ago, the Department of Motor Vehicles offered a 60-day grace period that ended Monday. Now, solo drivers face fines of up to $490. With this, most carpool lanes require vehicles with more than two people. Here is what to know: How many people are affected? As of Aug. 14, more than half a million motorists statewide had an active decal on their vehicle to access carpool lanes.
Sometimes in life, you can do everything right and still not come out on top. Take the Kia EV6, for example. It really deserves to be a bigger hit than it's been. Here's a competitively priced electric vehicle with around 300 miles of range, solid performance, striking looks, decent practicality, and some of the best fast-charging performance you can get under $100,000. Yet it hasn't exactly lit up the sales charts.
Running a fleet-based business in the UK was always financially challenging. But with Reeves' budget changes and the risks of operating somewhere like the capital, things have never been more difficult. With so many rules and regulations, it's almost impossible to thrive in an environment like this. Fortunately, strategies for success are still available. Many fleet-based businesses continue to operate in spite of the challenges they face.
No car company wants to admit this now because it's become a marketing turn-off for half the country, but electric vehicles are supposed to be about saving the planet. They're supposed to be about moving transportation past gasoline, toward a future powered by sustainable energy. Cutting back on pollution from one of its biggest sources, which is personal transportation. It's hard to justify any of that in the Cadillac Escalade IQ:
I am now 14 months into a two-year lease on a 2024 Chevy Blazer EV, and I am, finally, loving it. It is neither a perfect electric vehicle nor a perfect fit for me, but it nonetheless rocks. It is a constant reminder that today's electric cars are amazing, and that tomorrow's will be even better. That's got me excited to finish up my lease with the Blazer. So excited, in fact, that I'm leaning towards buying one after my lease expires. Here's why.
The European-American carmaker conglomerate has struggled with declining sales, soaring prices, quality issues, rampant infighting and a culture reportedly so miserable that both labor unions and car dealers high-fived each other when its CEO was ousted last year. Amid a trans-Atlantic blame game over what went wrong, another theme kept coming up: overly aggressive investments in electric vehicles while its Jeep, Dodge and Ram loyalists remained firmly attached to gasoline models.
But one year later, the tax credit is gone, the EV9 GT is postponed indefinitely, and the EV6 is, seemingly, the one EV that didn't set a sales record in the second quarter, even as buyers rushed to claim tax credits. And as a South Korean company, Kia has been vulnerable to new tariffs. The car market is now very different from what it was a year ago. But Kia's competency in all three powertrain types means that it can lean into choice, executives said.
