5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive.
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive.
Toyota’s retooled 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined, nearly as good as the Prius.
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand.
Cars could someday look out for their drivers, warning of road hazards, suggesting available dinner reservations and playing favorite songs — think safety net, personal assistant and entertainer all in one.
The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind.