Linggo, Hulyo 2, 2023

Tesla tops expectations as price cuts lift deliveries to record

Tesla Inc. delivered a record 466,140 cars worldwide in the second quarter, outpacing Wall Street estimates.



from Section Page News - Automotive News https://ift.tt/o6PwYuL via Falls Church auto repair

The latest numbers on the microchip shortage: Asian factories cut production

Most of the losses are in China. Meanwhile, North American factories are stepping up their short-term output.



from Section Page News - Automotive News https://ift.tt/eQk40s1 via Falls Church auto repair

Sabado, Hulyo 1, 2023

Study finds car loan identity fraud grew in 2022

'Zombie debt' and other fraudulent attempts to manipulate credit report trade lines for customers seeking auto loans grew in 2022, fraud prevention provider Point Predictive said in its 2023 Auto Lending Fraud Trends Report.



from Section Page News - Automotive News https://ift.tt/CdFTqZc via Falls Church auto repair

Stellantis installs long-awaited equipment to fix Detroit Jeep plant odor issue

The Mack Assembly Plant in Detroit has drawn odor complaints from nearby residents for more than two years.



from Section Page News - Automotive News https://ift.tt/lHpR73A via Falls Church auto repair

Tesla turns 20 years old: How Elon Musk transformed the auto industry

Elon Musk broke industry conventions with Tesla's EVs, smart production, direct sales and autonomous driving — without legacy issues and without copying others. It's dawned on the competition that Tesla should be taken seriously.



from Section Page News - Automotive News https://ift.tt/9kDFrtX via Falls Church auto repair

Hyundai Kia U.S. sales advance 11th straight month

U.S. light vehicle sales are forecast to rise 16 percent to 23 percent in June, forecasters say, capping a stronger-than-expected first half, fueled by pent-up retail demand and robust fleet deliveries.



from Section Page News - Automotive News https://ift.tt/wPL70lG via Falls Church auto repair

Peter Horbury 'giant in car design' who shifted Volvo styling dies

At Ford, where he was executive director of design, Horbury and design head J Mays created a global 'One Ford' styling language for the automaker’s next-generation cars. He was 73.



from Section Page News - Automotive News https://ift.tt/s58DQCW via Falls Church auto repair