Electric vehicles continue to be vastly more expensive to insure than gasoline models, on average—hybrids included.  According to Consumer Reports, citing national-average data from The Zebra, an insurance comparison tool, the Chevrolet Bolt EV costs slightly more to insure than the Toyota Prius or Hyundai Ioniq Blue hybrids. The Tesla Model 3 costs more than […]

Despite a double-digit percentage rise in used-vehicle sales at Sonic Automotive Inc.‘s EchoPark brand of used-only stores, the auto retailer’s net income fell by half in the first quarter on lower sales and gross profits on new and used vehicles at its franchised dealerships. Sonic, of Charlotte, N.C., said net income plunged 51 percent to

History is happening before our eyes as an electric car – the Tesla Model Y – has become the best-selling car overall in Europe during the first quarter of 2023. The manufacturer announced that the Tesla Model Y was #1 in Q1 in Europe, by way of its Q1 financial report, which revealed also that

The Volvo EX90 flagship electric SUV has gotten off to a great start when it comes to orders, even though it starts around $80,000 in the US and customer deliveries are almost a year away. In its Q1 2023 results report released today, Volvo Cars cited “tremendous reception from customers” for the EX90 flagship EV

Tesla has long sold itself as a technology firm more than an auto company. But its recent price cuts suggest otherwise, at least in the short term, analysts say. CEO Elon Musk’s decision to slash stickers in order to maintain growth and keep its new factories humming is a tactic familiar to auto industry analysts

Michelin has been testing airless tires for years with an eye toward EV use. While they still aren’t ready for production, executives believe they could be a good fit for autonomous vehicles and law enforcement. European police forces have expressed interest in airless tires because, unlike conventional pneumatic tires, they can’t be shot out during

He just needed a bookmark, a placeholder job before joining the Los Angeles Police Department. So in June 1995, when a family friend who owned a Chevrolet store in L.A. asked Manny Sedano if he wanted to try selling cars, Sedano said “sure.” “In the first couple of months, I made so much for a

Vinfast has secured additional funding pledges worth $2.5 billion, the company confirmed Wednesday. That may allow it to keep it moving smoothly ahead of its planned U.S. stock-market listing and past that timeframe. Of the new funding pledges, $1 billion will be provided as a non-refundable grant—the language used by the company—within the next year

As the Tesla Cybertruck is getting closer to the much-awaited start of production later this year, the American EV maker is putting more and more prototypes on the road to test for potential defects and problems This latest sighting, posted on the r/teslamotors subreddit by user ajaysns, seems to be a more refined truck than