With a SAAR this hot, who needs big incentives?
Despite plummeting new-vehicle inventory and falling spiffs, U.S. auto dealers had a strong April......»»
Tesla Cybertruck, Honda Prologue, sky-high incentives boost EV registrations
U.S. electric vehicle registrations surged 18 percent in July as Tesla's numbers improved with the ramp-up of the Cybertruck pickup and Honda's new Prologue crossover broke 3,000, the most recent data shows......»»
Hybrids, crossovers drive Toyota, Honda, Hyundai, Kia to August U.S. sales gains
U.S. auto sales are projected to rise 7 to 8 percent last month, analysts estimated, with average transaction prices falling as inventory rises and incentives increase......»»
Should you enroll your Amazon Smart Thermostat in the Energy Savings Program?
The Amazon Smart Thermostat is eligible for a variety of Energy Savings Incentives, but are these programs really worth the added restrictions?.....»»
Direct incentives may boost hiring managers" willingness to employ individuals with criminal convictions
Millions of people in the United States have a criminal conviction and are searching for work. But most employers are reluctant to hire people with records, especially those with felony convictions, a disproportionate share of whom are people of colo.....»»
Top 5 stories of the week: Mazda"s incentives soar along with its sales; UAW threatens Stellantis
A quick look at the top automotive stories of the week as determined by reader interest......»»
Stellantis, GM slash headcount in Michigan but keep state incentives
Stellantis employed 38,913 people in the state at the beginning of 2023, a 7 percent year-over-year drop, according to data submitted to Crain’s. GM’s Michigan-based headcount of 50,316 at the start of 2024 represents a 9 percent decline from 202.....»»
2025 ID Buzz EV, priced from $61,545, will become VW"s most expensive model in U.S.
The ID Buzz hits U.S. showrooms as EV sales slow and incentives rise, and it is priced significantly higher than the average transaction price for minivans as well as the industry's overall new vehicle......»»
Repeal of Inflation Reduction Act"s EV, manufacturing incentives a ‘scary thought," industry executives say
The auto industry is urging lawmakers to preserve the Inflation Reduction Act's EV manufacturing and sales incentives, arguing they're crucial to making the U.S. competitive on the global stage......»»
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago......»»
Factory incentives keep EVs growing as automakers plan more affordable models
In the January to June period, EV registrations rose 7 percent to 579,687 vehicles compared with a 1.8 percent rise in the overall light-vehicle market to 7.8 million, S&P Global Mobility said......»»
EVs outpace broader market, buoyed by fresh models and heavy incentives, U.S. registration data shows
New EV registrations rose 3.1 percent in June to 108,026 vehicles compared with an 8.8 percent drop in the broader light-vehicle market to just over 1.2 million, S&P Global Mobility said......»»
Audi and Costco Auto Program bring back new-vehicle incentives
Audi and Costco Auto Program brings back new-vehicle incentives with three incentives available: $1,000, $1,500 or $3,000......»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Apple Arcade developers frustrated by long delays in getting paid, no incentives to make Vision Pro games
In a follow-up report to their previous coverage, MobileGamer has again collated a set of off-the-record comments from Apple Arcade game developers about how the service is faring. The leading complaints revolved around payments and poor communica.....»»
North American EV battery capacity plans grow tenfold after incentives, Energy Department says
Planned battery cell production would power about 14 million light-duty EVs annually by 2030, according to the DOE......»»
Tesla to report Q2 earnings amid falling sales, hopes for a robotaxi future
To counteract falling sales in major markets including the U.S., Tesla has offered a series of price cuts and incentives, including subsidized financing and lease deals that could dig into second-quarter profits, analysts said......»»
U.S. EV registrations rose 9.6% in May on incentives, but Tesla fell for 4th month
Battery-electric models from 31 brands captured 7.5 percent of the U.S. light-vehicle market up from 6.8 percent a year earlier, the latest registration data from S&P Global Mobility showed......»»
Auto industry sees website satisfaction surge amid post-pandemic recovery
J.D. Power's website manufacturer satisfaction survey found that increased inventory, incentives and rebates have resulted in the highest overall satisfaction with car manufacturer websites since before the pandemic......»»
A Retracted Stem Cell Study Reveals Science’s Shortcomings
The withdrawal after 22 years of a controversial stem cell paper highlights how perverse incentives can distort scientific progress.....»»
Ford plant incentives slashed by Michigan after EV projects shrink
The reductions are in step with Ford’s scaling back of the EV battery project in Marshall, Mich., from $3.5 billion and 2,500 jobs to the new range of $2.5 billion-$3 billion and 1,700-2,100 jobs, according to the Michigan Economic Development Corp.....»»