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2 mins read

It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…

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2 mins read

Rivian's CEO has a theory for the slowdown in EV growth

Rivian CEO RJ Scaringe said there's a "truly extreme" lack of choice for EVs at the lower price end.

Ana Altchek   


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4 mins read

Global smartphone shipments grow 6.5% in Q2 2024, Xiaomi records highest growth

Worldwide smartphone shipments continued to grow in Q2 2024, marking the fourth consecutive quarter…

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3 mins read

Not even Tesla can dodge the EV sales slowdown

Elon Musk warned that Tesla was "between two major growth waves," with its cheaper mass-market car …

Hasan Chowdhury   


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1 min read

Tesla's best bet for growth has nothing to do with cars or AI

Tesla's energy business was a key driver of revenue in the second quarter, without which its earnin…

Nora Naughton   


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3 mins read

The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor   


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3 mins read

EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds

Nearly half of EV owners in the US are considering switching back to a gas-powered car, a McKinsey …

Nora Naughton   


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2 mins read

Tesla can't outrun the EV slowdown

Tesla couldn't price-cut its way out of an EV slowdown that's taking the entire industry down with …

Nora Naughton   


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2 mins read

Hyundai is accused of falsely inflating EV sales in the US to appease its South Korean owners

Hyundai has reported surging EV sales in the US in recent months, with the automaker's Ioniq 5 and …

Tom Carter   


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2 mins read

Tesla's sales slumped for the 2nd quarter in a row, but things weren't as bad as investors feared

Tesla's sales fell year over year for the second straight quarter, but the decline wasn't as bad as…

Nora Naughton   


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2 mins read

GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown

Companies like GM and Ford can rely on hybrids and gas-powered cars to get through the EV slowdown.…

Nora Naughton   


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2 mins read

Tesla knocks $1,000 off the price of its Model Y cars in the US to boost sales

Tesla is offering a $1,000 discount on some of its Model Y cars in the US through February.

Tom Carter   


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8 mins read

Elon Musk just set Wall Street up for one of his classic head fakes

Tesla is in trouble: sales are falling and competition from China is ramping up. It's clear Elon Mu…

Linette Lopez   


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2 mins read

The US housing market is headed for the largest sales slowdown since 2011, Fannie Mae says

Even if the US avoids a recession in 2024, the housing market will struggle for a "long time," Fann…

Jennifer Sor   


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2 mins read

People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry

Delayed vehicle purchases could lead to a "deflationary spiral" and recession for the auto industry…

Nora Naughton   


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3 mins read

I spent a day with Chevrolet's two new electric cars. They may not be enough to turn the EV tide.

After a day spent learning more about Chevy's EVs, it's not clear to me if reputation alone can con…

Nora Naughton   


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7 mins read

April Auto Sales: Maruti Suzuki flags decline in bookings in April, electric two-wheelers lose momentum due to FAME-II irregularities

India’s largest car maker Maruti Suzuki sounded a note of caution for the automobile sector stating…

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3 mins read

China has a problem with electric cars and that's bad news for Elon Musk

Ongoing price wars and a faltering economy have dampened Chinese demand for electric cars. That's h…

George Glover   


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2 mins read

The Apple car's apparent death is another grim sign for EVs

The Apple car is finally dead after spending a decade in development, and even BYD, the world's lar…

Hayley Peterson,Nora Naughton   


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4 mins read

December auto sales could skid sequentially on production constraints, purchase deferrals due to ‘inauspicious’ period

Indian auto makers started December on a strong note thanks to year-end discounts and the wedding s…