Could U.S. Gas Prices Fall 3% in 2025?
The U.S. Energy Information Administration (EIA) forecasts a decrease in gasoline prices through 2026, driven by lower crude oil prices and reduced consumption from...
Stellantis Shifts Gears After CEO Exit
Ryan Felton of The Wall Street Journal reports that Stellantis is revamping its U.S. strategy after the exit of CEO Carlos Tavares, including reviving...
Electric Car Sales Surge in 2024, Costs Pose Challenges
Jules Sery, Transport Modeller, and Jean-Baptiste Le Marois, Energy Innovation Programme Officer of the International Energy Agency, report that global electric car sales are...
U.S. New-Car Sales Rise to Five-Year High
Nora Eckert of Reuters reports that U.S. new-car sales in 2024 continued to recover from pandemic lows, driven by replenished inventories and higher incentives....
Japan’s Auto Giants Unite
Peter Landers of The Wall Street Journal reports that Honda and Nissan plan to merge by 2026, forming the world’s third-largest automaker with Mitsubishi...
China’s Auto Market Extended Strong Momentum
Tracy Qu of The Wall Street Journal reports that China auto sales sustained momentum on subsidies and sales campaigns. Qu writes:
Chinese car sales rose...
EV Startups From Bad to Worse
Electric-vehicle startups are struggling, with several, including Fisker and Arrival, filing for bankruptcy. A dozen more are at risk of running out of cash...
EU Automakers Are Struggling to Sell Expensive Electric Vehicles
Kana Inagaki and Sarah White of the Financial Times report that carmakers and governments have spent billions trying to entice people to switch from...
Nixing the EV Tax Credit
Rick Clough of Bloomberg reports that Elon Musk has said Tesla will be better positioned to deal with the potential pullback of incentives. Clough...
Trump Agenda to Benefit Auto Industry
Sarwant Singh of Bloomberg reports that Trump’s agenda prioritizes American manufacturing and eases business regulations, benefiting the automotive industry. Singh writes:
Now that Election Day...