Tag: Reports

Rivian Faces Class Action Lawsuit From Angry Investors

Rivian Faces Class Action Lawsuit From Angry Investors | Carscoops <!—-><!– –><!– –><!—-><!—-> A law firm has filed a class action suit against Rivian, claiming the automaker didn’t disclose important information to investors 1 hour ago <!––> <!– –> The law firm of Bernhard Liebhard LLP has filed a class action lawsuit against Rivian in […]

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Global EV Sales Will Break Records In 2024 Despite Sluggish Demand, Say Energy Experts

Global EV Sales Will Break Records In 2024 Despite Sluggish Demand, Say Energy Experts | Carscoops <!—-><!– –><!– –><!—-><!—-> Around 17 million EVs will be sold in 2023, up from 14 million in 2014, IEA says, and one in five new cars will be electric https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 2 hours ago <!––> <!– […]

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Subaru Legacy Says Goodbye After 36 Years, SUVs Win Again

Subaru Legacy Says Goodbye After 36 Years, SUVs Win Again | Carscoops <!—-><!– –><!– –><!—-><!—-> After 36 (model) years, Subaru is killing the Legacy as it focuses on electrified vehicles and crossovers 3 hours ago <!––> <!– –> Production of the Subaru Legacy sedan will end in the spring of 2025. Subaru blames the market […]

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Tesla Ending Referral Program, Slashes FSD To $8k, And Offers Lowest Model Y Price Ever

Tesla Ending Referral Program, Slashes FSD To $8k, And Offers Lowest Model Y Price Ever | Carscoops <!—-><!– –><!– –><!—-><!—-> A flurry of price adjustments mean that the Model Y is now the cheapest it’s ever been in the U.S. and FSD is being discounted 5 hours ago <!––> <!– –> Tesla’s hands-free driving assistant, […]

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U.S. Dealers Concerned About VW’s Scout And Sony Honda’s Afeela Direct Sales Model

U.S. Dealers Concerned About VW’s Scout And Sony Honda’s Afeela Direct Sales Model | Carscoops <!—-><!– –><!– –><!—-><!—-> In 2022, VW’s head of sales said the firm’s dealers would have no claim to Scout’s EVs https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 3 hours ago <!––> <!– –> The two new manufacturers have remained tight-lipped about how […]

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Greedy Toyota Dealers Slap 2024 Land Cruiser With Ridiculous Markups Up To $21,000

Greedy Toyota Dealers Slap 2024 Land Cruiser With Ridiculous Markups Up To $21,000 | Carscoops <!—-><!– –><!– –><!—-><!—-> Californians beware, some dealerships are asking nearly $100,000 for the 2024 Toyota Land Cruiser First Edition 5 hours ago <!––> <!– –> Excitement for the 2024 Toyota Land Cruiser is high, and dealers are cashing in. Despite […]

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EV Sales Up 2.6% In US In Q1, But Growth Sputters. See The Best Selling Models

EV Sales Up 2.6% In US In Q1, But Growth Sputters. See The Best Selling Models | Carscoops <!—-><!– –><!– –><!—-><!—-> American EV segment’s difficulties follow from Tesla’s poor first quarter April 20, 2024 at 17:30 <!––> <!– –> Although Q1 EV sales were up year-over-year, they are down as compared to the fourth quarter […]

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Next Nissan Murano Goes Upscale, Mimics Acura MDX

Next Nissan Murano Goes Upscale, Mimics Acura MDX | Carscoops <!—-><!– –><!– –><!—-><!—-> Nissan is working on a handful of new crossovers and SUVs including a Rogue Rock Creek 4 hours ago <!––> <!– –> Nissan will reportedly introduce the redesigned Armada this December. The model will likely follow in the footsteps of the 2025 […]

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Tesla May Have Found Riveting Solution To Cybertruck Accelerator Pedal Recall

Tesla May Have Found Riveting Solution To Cybertruck Accelerator Pedal Recall | Carscoops <!—-><!– –><!– –><!—-><!—-> Tesla is recalling 3,878 Cybertrucks because the faceplate could slide off the accelerator pedal and lead to unintended acceleration 1 hour ago <!––> <!– –> Tesla has launched a recall of 3,878 Cybertrucks over an issue with the accelerator […]

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Xiaomi CEO Says Demand For Its SU7 Has Been Much Higher Than Expected

Xiaomi CEO Says Demand For Its SU7 Has Been Much Higher Than Expected | Carscoops <!—-><!– –><!– –><!—-><!—-> The compelling new EV is available in three guises and undercuts the Tesla Model 3 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> The tech giant received 50,000 orders for the electric sedan within […]

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New Tesla Model 3 Performance To Have Over 500 HP And Adaptive Suspension

New Tesla Model 3 Performance To Have Over 500 HP And Adaptive Suspension | Carscoops <!—-><!– –><!– –><!—-><!—-> The new Model 3 Performance will come standard with upgraded dual electric motors https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 3 hours ago <!––> <!– –> The new Model 3 Performance will also feature an updated Track Mode feature. […]

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Rivian Lays Off More Workers As Stock Prices Tank

Rivian Lays Off More Workers As Stock Prices Tank | Carscoops <!—-><!– –><!– –><!—-><!—-> Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 6 hours ago <!––> <!– –> Rivian is laying off 1 percent of its workforce. The firm already […]

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25 States Sue EPA To Block ‘Radical Green’ Emissions Rules

25 States Sue EPA To Block ‘Radical Green’ Emissions Rules | Carscoops <!—-><!– –><!– –><!—-><!—-> Republican state leaders file lawsuit to challenge Biden’s vehicle emissions rules April 18, 2024 at 16:54 <!––> <!– –> Republican attorneys general in 25 states have filed a lawsuit against the EPA. The legal challenge claims that the agency exceeded […]

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Stellantis Demands $26M In Damages From Chinese Supplier Sparking Lawsuit

Stellantis Demands $26M In Damages From Chinese Supplier Sparking Lawsuit | Carscoops <!—-><!– –><!– –><!—-><!—-> Last year, a supplier had to pause production due to a cyberattack, so Stellantis charged it $26 million, kicking off a legal battle 1 hour ago <!––> <!– –> Yanfeng makes interior components for Jeep and Ram vehicles, and was […]

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55,000 Toyota Prius Models In U.S. Have Rear Doors That Could Swing Open While Driving

55,000 Toyota Prius Models In U.S. Have Rear Doors That Could Swing Open While Driving | Carscoops <!—-><!– –><!– –><!—-><!—-> Although Toyota hasn’t confirmed a fix, it’s expected that dealers will resolve the issue by simply replacing the rear door opener free of charge https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> […]

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Mexico Ends Chinese Automaker Incentives After US Pressure

Mexico Ends Chinese Automaker Incentives After US Pressure | Carscoops <!—-><!– –><!– –><!—-><!—-> The U.S. doesn’t want Chinese automakers to use Mexico to avoid tariffs 12 hours ago <!––> <!– –> Facing pressure from the U.S., Mexico has reportedly stopped offering Chinese automakers federal incentives to set up manufacturing plants. American officials fear that automakers […]

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Bill Ford On EVs: “We’re Not Shoving Anything Down Anyone’s Throat”

Bill Ford On EVs: “We’re Not Shoving Anything Down Anyone’s Throat” | Carscoops <!—-><!– –><!– –><!—-><!—-> FoMoCo chairman says the transition to EVs will be led by consumers, but also claimed different viewpoints about electric cars from Democrats and Republicans makes it hard for automakers to plan ahead https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 3 hours […]

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Kia Says It Is Ahead Of Rivals With Its Affordable EVs

Kia Says It Is Ahead Of Rivals With Its Affordable EVs | Carscoops <!—-><!– –><!– –><!—-><!—-> The company notes it will be selling customers their second and third EV when some rivals finally get in the game https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> The carmaker will have eight BEVs on […]

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VW Teams Up With Xpeng To Build 2026 Lower-Cost EV Platform

VW Teams Up With Xpeng To Build 2026 Lower-Cost EV Platform | Carscoops <!—-><!– –><!– –><!—-><!—-> German automaker wants to regain market share in China with more affordable cars https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 3 hours ago <!––> <!– –> VW has joined forces with China’s Xpeng to develop EV architecture. New platform will reduce […]

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Maserati Delays Electric Quattroporte Because They Can’t Decide Which Platform To Use

Maserati Delays Electric Quattroporte Because They Can’t Decide Which Platform To Use | Carscoops <!—-><!– –><!– –><!—-><!—-> Maserati was initially developing the electric Quattroporte around the Stellantis STLA Large platform https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 11 hours ago <!––> <!– –> Work on the next-generation model was paused halfway through its development. Maserati is eager […]

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Mercedes Axes Plans For Range-Extender EVs After EQS Test With 1.0-Liter 2-Cylinder

Mercedes Axes Plans For Range-Extender EVs After EQS Test With 1.0-Liter 2-Cylinder | Carscoops <!—-><!– –><!– –><!—-><!—-> The carmaker’s range-extended EQS would have had a significantly longer range than the EV https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson April 17, 2024 at 10:31 <!––> <!– –> An EQS prototype has been tested with a 1.0-liter two-cylinder engine […]

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EU Introduces New Cybersecurity Rules As EVs Are Deemed “Spying Machines On Four Wheels”

EU Introduces New Cybersecurity Rules As EVs Are Deemed “Spying Machines On Four Wheels” | Carscoops <!—-><!– –><!– –><!—-><!—-> According to a recent study, cybersecurity threats are imminent with modern automobiles 1 hour ago <!––> <!– –> Sensors on modern cars could monitor the surrounding environment and send data to their manufacturers. Starting from July […]

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China’s Dongfeng Could Build Over 100,000 Electrified Cars Annually In Italy

China’s Dongfeng Could Build Over 100,000 Electrified Cars Annually In Italy | Carscoops <!—-><!– –><!– –><!—-><!—-> Italy’s biggest carmaker, Stellantis, has previously scoffed at the idea of Chinese brands building cars in the country https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 3 hours ago <!––> <!– –> The Chinese automaker views Italy as a way to expand […]

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Car Salesman Burns Down Lamborghini In Commission Dispute With Colleague

Car Salesman Burns Down Lamborghini In Commission Dispute With Colleague | Carscoops <!—-><!– –><!– –><!—-><!—-> Setting the Gallardo on fire was allegedly one salesman’s way of resolving an argument with his colleague 1 hour ago <!––> <!– –> This Lamborghini Gallardo was the victim of alleged arson near Hyderabad, India. The blaze started following a […]

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Luxury Car Sales Plunge In Korea After Company Vehicles Forced To Wear Green Plates

Luxury Car Sales Plunge In Korea After Company Vehicles Forced To Wear Green Plates | Carscoops <!—-><!– –><!– –><!—-><!—-> Rule change means all company vehicles over $58k need the distinctive plates and it’s a big tax and status turn-off for wealthy Koreans https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 5 hours ago <!––> <!– –> Company-owned vehicles […]

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Jeep Mulls ICE Wagoneer S And Recon As It Addresses U.S. Sales Dip

Jeep Mulls ICE Wagoneer S And Recon As It Addresses U.S. Sales Dip | Carscoops <!—-><!– –><!– –><!—-><!—-> Under a new CEO, Jeep wants to address a five year decline by introducing new models, and combustion engines might be on the table https://www.carscoops.com/author/sam-d-smith/ <!––> by Sam D. Smith April 16, 2024 at 15:35 <!––> <!– […]

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EV Sales Plummet 14.1% In Germany In Q1, Tesla Does Even Worse

EV Sales Plummet 14.1% In Germany In Q1, Tesla Does Even Worse | Carscoops <!—-><!– –><!– –><!—-><!—-> In the wake of disappearing incentives, German EV sales have fallen 14.1 percent in Q1 2024 1 hour ago <!––> <!– –> Following the sudden end to German EV incentives in December 2023, sales of all-electric vehicles have […]

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Jaguar Land Rover Could Use EV Platform From Chery’s Exeed Brand

Jaguar Land Rover Could Use EV Platform From Chery’s Exeed Brand | Carscoops <!—-><!– –><!– –><!—-><!—-> Jaguar Land Rover aims to become an all-electric brand by 2030, and such a move might prove useful in achieving that target https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 5 hours ago <!––> <!– –> The first Jaguar using an Exeed […]

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