General Motors provides a 2023 year-end update on overall vehicle sales by model, including year-over-year EV sales.
More competitive pricing and consumer reluctance are taking their toll on the automaker's ambitious electrification plans.
The car rental giant is running into some realities about its electric vehicles prompting a "not so fast" approach to fleet electrification.
For 2023, expect higher incentives, volumes, and inventory levels, but by how much?
It was a mixed bag as quarterly and year-end sales results for nearly all major automakers rolled in. GM led U.S. sales, while Hyundai and Kia set new sales records and Stellantis and Nissan were down in both Q4 and YOY.
Reporting its full-year 2020 Results, Europcar Mobility Group cited limited visibility on when rental car demand will recover; U.S. business a bright spot.
The maker of commercial electric vehicles won’t meet its projected production target of 300-400 vehicles in 2020 in part due to more than 36% of its production-related staff having contracted the coronavirus or quarantined awaiting results.
Navistar said an electric truck will be the first vehicle off the line at its new San Antonio production facility when it opens in the spring of 2022. The news came as part of the company’s third-quarter earnings release.
The company also reported a net loss of $847 million.
For the third time this year, the economy seems to be doing better than trucking markets. Let’s dig into third-quarter earnings reports from publicly traded fleets for more.
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