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......»»
Treehouse home EV charging startup raises $10 million
The company's value proposition is making the installation process less cumbersome. Users can sign up for the installation, compare prices of different charging rigs and maximize consumer rebates and incentives on Treehouse's website......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
Apple wants to supercharge CarPlay, but here’s why carmakers won’t bite
Apple wants CarPlay to take over even more of the in-car experience, but automakers have their own incentives to stay away......»»
Rivian poised to report Q2 earnings as EV price war heats up
EV makers are cutting prices, including Tesla on its crossovers and Ford on its F-150 Lightning pickup. Incentives are also rising, putting pressure on Rivian as it ramps up production, analysts say......»»
Growing inventory boosts July incentives, led by EV offers
EV startup Lucid offered $12,907 per vehicle, followed by Polestar at $7,928, Motor Intelligence said. Incentives helped deliver a strong July sales report for some automakers......»»
States in battery belt lack EV purchase incentives
Charging infrastructure's return on investment is uncertain without EV volume, and without adequate charging options, consumers are unlikely to buy EVs, economists say......»»
Southern states reaping EV investments lack purchase incentives
Charging infrastructure's return on investment is uncertain without EV volume, and without adequate charging options, consumers are unlikely to buy EVs, economists say......»»
VW maps out profit push with brands getting more autonomy
To increase margins in the face of growing competition and a costly electrification shift, VW Group will give its brands "performance programs," with management incentives tied to meeting targets......»»
Malwarebytes launches Reseller Partner Program to drive partner profitability
Malwarebytes launched the Malwarebytes Reseller Partner Program. The revamped program is dedicated to helping partners create profitable and consistent business growth through innovative endpoint security solutions and leading channel incentives such.....»»
Increased incentives expected as year goes on depending on brand
Incentives reach yearly high in May, according to Kelley Blue Book. Analysts expect incentives to grow with certain brands that experience high inventory in the second half of 2023......»»
Rising incentives, inventory propel May sales
May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued......»»
China poised to extend EV purchase tax break
China, the world's largest EV market, is expected to keep its tax incentives to maintain the momentum. The purchase tax break for new energy vehicles (NEV) will likely remain after the end of this year and benefit the whole supply chain......»»
Toyota ramps up BEV and battery investments in US
According to Toyota's statement, the company further expanded its investments in the US amid increasing demand for EVs and the Inflation Reduction Act (IRA) that mandates automakers to meet local sourcing requirements to be eligible for incentives......»»
Toyota snaps losing streak; Hyundai, Kia post double-digit gains in May
U.S. light-vehicle sales are forecast to rise 18-20 percent in May, as retail selection improves, consumer incentives rebound and automakers fill a backlog of fleet orders......»»
Hyundai, Kia post double-digit gains in May
U.S. light-vehicle sales are forecast to rise 18 to 20 percent in May, as retail selection improves, consumer incentives rebound and automakers fill a backlog of fleet orders......»»
Xiaomi will source bluetooth device from India-based Optiemus in made-in-India push
Xiaomi announced it would source its Bluetooth audio device to India-based EMS provider Optiemus, highlighting the emergence of India's local giants as India has been encouraging electronics manufacturing through incentives and rising import duties......»»
Tesla offering U.S. discounts of more than $1,300 on some Model 3 cars
Facing economic headwinds and mounting competition, Tesla this year aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said......»»
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars
Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said......»»
Best 5G business internet: T-Mobile vs Verizon vs AT&T on price, speed, incentives
5G business internet competition in the US continues to ramp up and providers like T-Mobile and Verizon are offering some big incentives to attract customers. AT&T is in the game too but with a poor offering. Follow along for speed, pricing, and.....»»
Detroit 3 earnings show a mix of strength and uncertainty in the economy
The Detroit 3 had strong first-quarter results but face the potential for rising incentives, high commodity prices and more expensive UAW contracts......»»