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    Toyota

    Toyota Prius Prime Becoming Hot Commodity On Dealer Lots

    The Toyota Prius Prime plug-in hybrid has been doing so well in sales this year that they’re moving off lots quickly and dealers are asking for more. Toyota has been happy to see the sales figures so far this year, with 2,728 units sold in the U.S. during January and February. Demand has been strong […]

    Carmakers, Market & Fleets

    Baidu Buys Into NextEV NIO Electric Supercars And Autonomous Vehicles

    Chinese search engine giant Baidu is jumping into the electric hypercar race after investing about $600 million in NextEV. Shanghai-based NextEV has been seeking capital to roll out its Tesla-competitive NIO brand. The startup hosted a splashy launch event at Saatchi Gallery in London in November, dazzling attendees with the NIO EP9. NextEV is calling […]

    Chevrolet

    Chevrolet Dealers Offering Discounts Up to $5K On Bolt EV

    Car shoppers in the seven states thus far delivering the Chevrolet Bolt EV in its ongoing nationwide rollout are seeing dealers slashing prices already. Automotive News researched what dealers have been doing on website car listings, with many of them offering discounts off sticker prices in the $2,000 to $5,000 range. One Chevy dealer in […]

    Hybrid Car News

    Chinese Tech Giant Tencent Buys 5 Percent of Tesla

    Tesla has gained significant financial backing by way of a 5-percent investment by Chinese tech giant Tencent Holdings. The company’s $1.78 billion stake in the electric automaker, or about 8.2 million shares makes it Tesla’s fifth-largest shareholder. The first four largest shareholders consist of CEO Elon Musk and investment companies Fidelity, Baillie Gifford, and T. […]

    Uber and Lyft Face Tougher Competitors Than Taxis: Automakers

    As the taxi industry continues being decimated by Uber and Lyft ride-hailing and ridesharing services, these and other mobility companies will begin seeing a wave of competition coming from automakers jumping into the race. Taxi and black-car operators have been sideswiped by Uber and Lyft in recent years as riders get to pay about half […]

    California Disregards Trump and Moves Ahead With Emissions Goals

    California has approved emissions standards that the White House still wants to review. The California Air Resources Board (CARB) finalized 2022-2025 emissions rules for the state and also set a mandate for zero-emission sales over the same time period. CARB has also ordered its workers to start on determining targets for beyond 2025. The U.S. […]

    Tesla Providing ‘Perfect Company Car’ Perks On New Website

    Tesla launched a new corporate sales website page, geared toward providing the “Perfect Company Car.” Like other Tesla website pages, users can review a series of benefits gained by going with a Tesla vehicle. Saving on fuel costs, and having plenty of space for passengers and storage are among them. Tesla Model S owners are […]

    Buick Launches Chevy Volt-Based Velite 5 in China

    Buick is launching its first electric car in China, the Velite 5 plug-in hybrid, and it shares much with the Chevy Volt. Revealed at the Guangzhou auto show in China in November as the Velite Concept, the Velite 5 seems to be utilizing much of the Chevrolet Volt’s powertrain. Like the Volt, its gasoline engine […]

    Auto Analysts See Fuel Efficiency Moving Forward Regardless of White House Decision

    Even if the Trump administration rolls back the Obama administration’s 2022-25 fuel economy targets, they may eventually fall in place through other market forces, auto analysts say. Consumer demand for fuel-efficient vehicles and aggressive emissions targets overseas may be more important than decisions by President Donald Trump. The president has directed the U.S. Environmental Protection […]