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Fleets with Lightning models on order and scheduled for production will be re-invoiced to the updated pricing, according to Ford.
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While batteries can pose a risk and EV fires burn worse than ICE car fires, data shows EV fires are not nearly as common as recent headlines would suggest.
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New data from the National Highway Traffic Safety Administration shows that speeding-related fatalities increased 8% from 2020 to 2021, reaching a 14-year peak.
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The last several months have closely followed 2019 levels, the last normal year, which means dealers are balancing their inventory to the sales rate and keeping days’ supply steady even as total supply improves.
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According to June 2023 sales data from the Motor Vehicle Association New Zealand, new car sales in the country were 95.5% higher than June 2022 and 2,556 units higher than the previous biggest month, March 2022 (21,004 registrations).
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Visa's global system will be added to Car IQ Pay vehicle wallet, which enables merchants to accept payments from fleets, cars, and trucks.
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While Texas has the most total crash fatalities of all the states, New Mexico ranks first in the nation as the state with the highest proportion of fatal crashes involving distracted drivers.
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While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.
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The market is riding upward trends in inventory and sales, although average prices have dropped in the quarter after three straight quarters of increase.
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Tesla’s share fell below 60% for the first time, but the No. 2 seller of EVs in the U.S. – Chevrolet – is a distant second. Numbers will fuel the budding used EV market further.
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