Elon Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on, playing down concerns that a weak economy would throttle buyers’ interest. The…
Automaker Favors Varied Auto Lineup to All EVs
Toyota Motor Corp. President Akio Toyoda says there is a silent majority who question whether automakers should pursue electric vehicles exclusively. IMAGE: Toyota Toyota Motor Corp. President Akio Toyoda claims…
Auto Loan Payments, Rates Hit Record Highs
The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds. IMAGE: Getty Images Americans are making record payments…