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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

Auto Remarketing

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck. The post Report finds U.S.

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Rivian Is Offering $6,000 In Discounts On Its Excellent Trucks And SUVs

Jalopnik

Rivian makes excellent electric trucks and SUVs , but its not great at actually making money on them yet the company loses tens of thousands of dollars on every EV it gets out the door. To rectify those financial woes, Rivian is now offering thousands of dollars off its R1S and R1T in hopes of boosting sales. Read more.

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Rivian Loses $33K On Every Truck It Sells: Report

Jalopnik

It’s tough starting a new electric vehicle company these days, just ask Faraday Future or Lordstown Motors. But Rivian seemed like one of the good ones that might actually make it, as it’s been shipping its electric trucks out to customers for almost two years now.

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Stellantis Launches Free2move EV Charging Ecosystem

Brake & Front End

Managed by the new Stellantis Charging and Energy Business Unit, Free2move Charge addresses electric vehicle customer needs at home, in their business and on-the-go. “As Free2move Charge Home delivers private customers support with installation, financing and warranty of home charging and other energy hardware and services.

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Pros and Cons of Going Electric

RepairSmith

Let’s dive into how electric cars can be a positive choice for both the planet and your finances. How Do Electric Cars Benefit the Environment? In contrast, electric vehicles (EVs) produce zero tailpipe emissions. The post Pros and Cons of Going Electric appeared first on AutoNation Mobile Service.

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Tesla Drops $50,000 Penalty Against Cybertruck Owners Who Sell Their Trucks

Jalopnik

However, anyone lumped with the gargantuan electric pickup truck has faced some pretty strict penalties if they try to sell off their Tesla truck,… Read more. So far this year, the Tesla Cybertruck has been bricked by car washes , gotten stuck on the sandy bank of a lake and been utterly destroyed by a YouTuber’s stress test.

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Ford Investing $3 Billion In New Trucks After Delaying Small EV

Jalopnik

Ford is investing $3 billion to build more of its extremely profitable F-Series Super Duty pickup trucks at a plant in Ontario, Canada that was previously earmarked to build an electric crossover. The plant is set to be opened in 2026, and it will employ 1,800 workers to build the large work trucks.