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New Vehicle Buyers Still Older Demographic, Study Shows

New Vehicle Buyers Still Older Demographic, Study Shows

One of the hot topics in the automobile business for nearly a decade has been the discussion around when younger buyers will start buying new cars. However, new research from Sivak Applied Research, which was founded by Michael Sivak, a former researcher with the...
CEO Musk Says Tesla to Build New Gigafactory Near Berlin

CEO Musk Says Tesla to Build New Gigafactory Near Berlin

Tesla will build its new production facility, Gigafactory 4, near Berlin, Chief Executive Officer Elon Musk said Tuesday. Musk revealed the location of the new plant during an awards ceremony in Germany, according to Reuters. He said it will be close to the Berlin...
2020 Green Car, SUV of the Year Finalists Announced

2020 Green Car, SUV of the Year Finalists Announced

Each year automakers introduce a slew of new vehicles, many of which are considered “green” or environmentally friendly, and while consumers will choose the ones they like best with their checkbooks, there are other ways to be recognized. Annually, the Green Car...
Toyota Defies the Downturn

Toyota Defies the Downturn

It’s been a tough year for the auto industry. And not just in the U.S., where sales are off by nearly 2% this year. China, the world’s largest automotive market, is expected to end the year with an 8% decline, according to the China Association of Automobile...
China’s Annual NEV Sales Trending for Decline in 2019

China’s Annual NEV Sales Trending for Decline in 2019

Sales of new energy vehicles, or NEVs, in China continue to shrink with sales falling 45.6% in October, according to the China Association of Automobile Manufacturers. The fall, which is blamed on the end of major subsidies paid to buyers, last month follows a 33%...