ATLANTA – Sales of electric vehicles set a record in the United States in 2023 with nearly 1.2 million models being sold, according to data released today by Kelley Blue Book. EV sales represented a 7.6 percent share of the total U.S. vehicle market, up from a 5.9 percent share …
Read More »GasBuddy Predicts Lower Gas, Diesel Prices In 2024
DALLAS – GasBuddy’s annual Fuel Price Outlook predicts the cost of gasoline and diesel fuel will be lower in 2024. It projects the per-gallon cost of gas will fall to $3.38 from $3.51 in 2023, which would end two years of above average prices. Relief at the pump will be …
Read More »Tesla Opens First Retail Showroom In CT
UNCASVILLE, CT – Bypassing a state law that prohibits automakers from selling directly to consumers, electric vehicle manufacturer Tesla now has a factory retail store in Connecticut. It opened about two weeks ago at Mohegan Sun casino. However, it wasn’t until Wednesday that a ribbon-cutting and grand opening event was …
Read More »Cadillac Keeps Adding Electric Models To Its Lineup
DETROIT – Cadillac’s commitment to electric vehicles keeps increasing. In the past few months, the luxury brand’s EV portfolio has risen by three models, giving it a total five. The latest, announced last week, is the 2026 model-year Vistiq. It’s a three-row SUV “designed for the modern family” that will …
Read More »Rivian Lands Fleet Deal With AT&T, No Longer Amazon Exclusive
IRVINE, CA – The stock value of Rivian rose 13.97 percent on Thursday, up $2.75 and closing at $22.43, after a joint announcement that the electric vehicle-maker has struck a fleet deal to supply telecom giant AT&T with trucks. Rivian previously had an exclusive arrangement with Amazon, which is a …
Read More »Virtually Every Tesla Ever Sold In U.S. Is Being Recalled
WASHINGTON, D.C. – Tesla is recalling more than two million vehicles – nearly every model it has sold in the United States – to correct a defective system that is supposed to make sure that drivers are paying attention when using the Autopilot feature. The company plans to wirelessly update …
Read More »NHTSA Seeks To Have New Cars Contain Devices To Detect Impaired Drivers
WASHINGTON, D.C. – Calling it “the first step” in an effort to make impaired-driving prevention technology standard in all new passenger vehicles, the National Highway Traffic Safety Administration on Tuesday gave “Advance Notice of Proposed Rulemaking” (ANPRM). Under the ANPRM, information will now be gathered on the state of technology …
Read More »Tesla Finally Starts Delivering Futuristic Cybertruck
AUSTIN, TX – A new Tesla model that CEO Elon Musk promises “is really going to change the look of the roads” began arriving in the hands of customers on Thursday. The futuristic Cybertruck, which the company has been touting since 2019, was officially unveiled at a delivery event held …
Read More »Are You A Safe Driver? AAA Survey Says Almost 60 Percent Of Drivers Say They Aren’t
WASHINGTON, D.C. – Risky driving is more the rule than the exception, results from a new report by the AAA Foundation for Traffic Safety reveal. Only four in 10 drivers – 41.2 percent to be precise – fell into the “Safe Drivers” category. This means that nearly 60 percent of …
Read More »Volkswagen Looks To Reduce Workforce, Trim €10 Billion
BERLIN – Confronted by high costs and low productivity, Volkswagen today declared that it is “no longer competitive” and seeks to reduce its work force and boost efficiency as it transitions to electric cars. “With many of our pre-existing structures, processes and high costs, we are no longer competitive as …
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