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Crowded EV Market in '24 to Force More Discounting, Likely Delays

Automakers are launching many new EVs in 2024, including CUVs and SUVs, but sluggish demand will likely force discounting.

Porsche macanChristie schweinsbergGran turismoTesla cybertruckWards intelligenceCox automotiveBuick electraCadillac celestiqCadillac escaladeChevrolet equinoxChevrolet silveradoDodge daytonaFord explorerHonda prologueHyundai ioniqJeep recon

Sanctions May Hamper Chinese Automakers in Russia

Despite secondary sanctions on Russian automakers’ foreign partners, Chinese automakers are targeting an 80% share of the Russian market in 2024.

Sankt peterburgGreat wallChina generalSouth koreaChosun ilboGavilon groupRussian ministry of industryEuropean unionRussian ministryDongfeng forthing thunderWards intelligence

US sales of new Class 8 trucks falling further behind '22

LITTLE ROCK, Ark. For the first seven months of 2023, U.S. sales of new Class 8 trucks exceeded sales in the corresponding month of 2022. But August

United statesTim denoyerKenny viethCliff abbottLittle rockWards intelligenceNorth america

Chevy Refreshes 2025 Suburban/Tahoe With Towing Tools, Cameras

Chevrolet adds new features and luxury appointments to its category-dominating Suburban and Tahoe SUVs.

United statesJet blackGeneral motorsChevrolet suburbanFord expeditionToyota sequoiaWards intelligenceAndroid autoHigh countryConnected camerasInterior motion detectionSuper cruise

Sanctions Hurting Leading Russian Automaker AvtoVAZ

AvtoVAZ had planned to produce 400,000 Lada cars this year, but that amount will be reduced at least 10%, company President Maxim Sokolov says.

Sankt peterburgLadax crossMaxim sokolovGazeta ruInternational economic forum in stPresident maxim sokolovInternational economic forumWards intelligence

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