[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…
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U.S. Auto Sales Bounced Back in 2023
[ad_1] Updated Jan. 3, 2024 11:49 am ET U.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots. But this year could prove more…
Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time
[ad_1] Updated Jan. 2, 2024 3:32 pm ET Chinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a…
S&P 500 Dips Ahead of Friday’s Jobs Report
[ad_1] Benchmark Treasury yields fall for a second straight day. [ad_2] Source link
As Dealerships Get More Stock, Auto Makers’ Sales Rebound in First Quarter
[ad_1] Business Autos & Transportation Autos Industry GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing…
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
[ad_1] The maker of high-end electric cars plans to lay off about 1,300 employees. [ad_2] Source link