News

Carvana outlines path to 3 million annual car sales and 13.5% EBITDA margin within 5–10 years as Q2 profits surge
Q2 2025 Management View CEO Ernest C. Garcia opened by highlighting Carvana’s status as “the fastest-growing and most ...
Nissan Is Shutting Down A Historic Factory That Built Over 6 Million Vehicles
Nissan will close down its CIVAC plant in Cuernavaca, Mexico, and shift all of the production to its other site in ...
Nissan takes a $535 million quarterly hit, as tariffs bite
Embattled automaker Nissan reported a $535-million quarterly loss on Wednesday, hit by U.S. tariffs, restructuring and lower ...
Ford Takes $800 Million Tariff Hit, Posts First Loss Since 2023
The levies on imported parts helped wipe out the company’s net profit in the second quarter.
Illinois adds more electric vehicles than ever before, but it's not enough to meet goal of 1 million by 2030
Infrastructure issues make EVs less attractive to buyers, experts say, and soon, a $7,500 federal tax credit for the purchase of a new electric vehicle and a $4,000 tax credit for purchasing a used ...
The Country Where 76% of Cars Sold Are Electric
Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost ...