Day: January 4, 2024

Faraday delivers its $300K luxury EV, but its stock is plummeting

California EV startup Faraday Future, which has just relaunched delivery of its luxury $309,000 electric car, is at risk of being delisted from NASDAQ due to plummeting share price. Faraday, based in Los

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Car insurance prices surging with petrol and EV owners facing huge costs

Electric vehicle owners are being warned of expensive car insurance prices, with new data showing that costs have risen by more than £300. The typical average annual premium for an electric vehicle has

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Electric vehicle makers’ 2023 setbacks forecasts challenging 2024 outlook

(AI Video Summary) Electric vehicle maker setbacks in 2023 In 2023, makers of electric vehicles (EVs) had been dealing with some tough problems that are not good for the industry. Both high inflation

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New car sales hit an all-time high in Australia last year. These were the most popular

Key Points Australians bought 1,216,780 new vehicles last year. The Ford Ranger was Australia’s top-selling vehicle in 2023. It outstripped the Toyota HiLux, knocking it off its perch for the first time in

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VFACTS 2023: Car industry breaks all-time sales record

Ford Ranger overthrows Toyota HiLux as Australia’s most popular car as industry passes 1.2 million sales in 2023 More than 1.2 million new vehicles were sold in Australia in 2023, the highest-ever tally

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Tesla China prepares for massive exports, kicking off 2024 with a bang

Tesla China is preparing to export a massive amount of electric vehicles to customers abroad, kicking off 2024 with a bang.  Resident drone operator for all things Tesla China, WuWa, recently uploaded a

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Toyota expects to buck a slower Australian new car market in 2024

Toyota expects overall new car sales in Australia to decline in 2024, but the market leader predicts it will buck the trend. After the company experienced a record second-half performance in 2023 on

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How big is Jeff Wyler auto? How many dealerships does Wyler own?

Jeff Wyler started selling cars when Richard Nixon was president, opening his first Chevy dealership in Batavia in 1973. Fifty years later, the Milford-based Jeff Wyler Automotive Family of new and used car

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VFACTS 2023: No passenger cars in annual Top 10 for the first time

For the first time in recorded Australian automotive history, no vehicle among the Top 10 best sellers last year was a hatchback, sedan or wagon – a sign of our changing taste in

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VFACTS December 2023: New-car sales set record, Ford Ranger defeats Toyota HiLux

The Ford Ranger is Australia’s new top-selling motor vehicle – ending the Toyota HiLux’s seven-year winning streak – as the new-car market broke the 1.2 million mark for the first time. View 18 images

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