GM Reports 40% Decline in Net Income
But the automaker remains bullish that stronger results are possible in the second half of the year.
But the automaker remains bullish that stronger results are possible in the second half of the year.
The EV automaker appears positioned for another growth phase as long as the global economy stays strong, analysts say.
TransUnion study compares electric vehicle and traditional internal combustion engine buyers.
One-quarter of Americans say they will consider an electric vehicle for their next vehicle.
McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.
CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.
Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.
The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).
Honda Motor Co. and Sony Corp. have entered agreement to set up a “high-value-added” electric vehicle venture under the name Sony Honda Mobility Inc.
Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.