Strong Forecast For Q4 Auto Sales; Unless The UAW Strike Lasts

Strong Forecast For Q4 Auto Sales; Unless The UAW Strike Lasts

United Auto Workers members went on strike at the Ford Michigan Assembly Plant and other plants, … [+] beginning Sept. 15, 2023. Getty Images Forecasters expect a substantial increase in U.S. auto sales in September, versus the same month a year ago. Beyond September, what happens to auto sales in the fourth quarter is certain …

Read more

EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries

EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries

One of the biggest hurdles to electric car proliferation is the cost. According to Cox Automotive new EVs are selling on average about $5,000 more than gas-powered vehicles — $53,469 vs. $48,334. While government incentives can negate some of that gap, and electric cars don’t need pricy gasoline or as much maintenance to drive around, …

Read more