business2cfinance
Tesla Model 3 Available for Under $20K in California
Teslas are finally getting affordable after 10 years of promises to bring a sub-$35,000 EV to market. In certain parts of California, a brand-new base Model 3 will run customers just $19,830. That’s less than half of its MSRP of $40,240.
Car Dealer Escapes Prison for “Clocking” $375K Worth of Cars
Clocking cars, or the act of rolling back a vehicle’s odometer to make it seem as if it has less miles than it really does, is super illegal. But apparently one London-based car dealer didn’t get the memo that doing it is a crime. Car Dealer Magazine reports the dealer got by without prison time after clocking over…
China’s EV Sales Surge by 421,329% Since 2010
Electric vehicles are becoming an increasingly common sight on American roads, even in places that aren’t historic EV strongholds like California and New England. However, if you think increasing adoption in the US is a big deal, then hold on to your butt. China — the world’s largest car market — is adopting EVs at a…
GM Invests $1.7B in Heavy-Duty Truck Plants to Increase Production
General Motors is planning to invest over $1 billion to retool and upgrade two of its manufacturing plants in Flint, Michigan. According to a statement from GM, the move is in preparation for the next generation of its internal combustion heavy-duty trucks.
Ford and Chevy’s Brand Loyalty Boost Pickup Sales
American manufacturers sell a ton of trucks. Between Ford, Chevy, and GMC, automakers sold over 1.4 million trucks in 2022. And many of these buyers are extremely loyal. That loyalty extends to the automakers as well. When it comes to trucks, Ford and Chevy know what they’re doing and they know their buyer base. But…