The crossover, just launched in March, is now priced from $51,190, including destination charges, down nearly 6 percent from a previous price of $54,190, becoming the fourth Tesla model to undergo a price cut in three months.
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The Japanese automaker is readying its most advanced automated driving system yet for the refreshed Lexus LS later this year, as it chases rivals with automated passing function for highway driving.
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Conquest opportunities may be slim, but the few brands still selling minivans are working to stand out with bolder styling, hybrid engines and all-wheel-drive capability.
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U.S. auto sales rebounded in May and June, but not enough to overcome abysmal results in March and April. Here’s how the first 6 months of 2020 compare with last year.
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The production pullback, which is likely to result in about 1,250 temporary layoffs, is related to worker absenteeism, not low demand for the Chevy Colorado and GMC Canyon made at the Wentzville, Mo., factory, GM said.
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The pandemic has made it more difficult for lenders to determine credit-worthiness and harder for subprime borrowers to buy cars.
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The company last week built its last steel-framed sports car, after a run with the rugged platform that set a world record.
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U.S. luxury brand sales are showing signs of recovery.
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Oliver Schmidt is expected to appear before a federal magistrate next week on his request to finish his seven-year prison sentence in his native Germany for his key role in VW's diesel emissions scandal, the Detroit News reported.
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The Japanese automaker would not provide details, but said it takes allegations of workplace racism seriously and that the individuals no longer work at an Indiana factory.
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