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Car sales blog. The automotive news.

  • Tesla Will Be The First Automaker To Lose The Tax Credit For EVs
    13 Jul 2018

    The clock is ticking for Tesla buyers in the US to receive the full $7,500 federal tax credit for electric cars. Tesla delivered its 200,000th car this month which means a slow phase-out of the tax credit has begun.  Put in place early on in the Obama administration, the tax credit was seen as a tool that could be used to encourage customers to buy plug-in electric or hybrid vehicles. It was meant to offer consumers a bit of a break while the cost of battery technology slowly came down and to encourage manufacturers to push for greater advancements in that technology.  Tesl...

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  • The Trade War With China Begins As Tesla Is Forced To Raise Prices
    12 Jul 2018

    Last Friday, the trade war between China and the US kicked off, as US President implemented a 25% tariff on $34 billion worth of Chinese goods. China has already retaliated with an increase in electric car tariffs from 15% to 40%. This means that cars that are imported into China will now be more expensive. According to The Wall Street Journal, Tesla had to raise its prices in China.  The Model X now costs $140,000, which is a significant increase over the old $117,100 price. The Model S now costs $128,400, an increase of about $21,000 compared to the old price. Elon Musk, Tesla CEO,...

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  • Jaguar Land Rover Sues Bentley Over The Bentayga's All Terrain System
    01 Jul 2018

    For many years the most luxurious off-road capable SUV was the Land Rover Range Rover. Today, the Bentley Bentayga is on the scene and the Rolls-Royce Cullinan will go on sale soon. Now that the competition for Jaguar Land Rover grows, it makes sense for them to study its rivals. JLR believes the Bentley Bentayga infringes on its patent regarding its Terrain Response technology.  JLR sued Bentley Motors earlier this month in Federal District Court in Alexandria, Virginia, over a patent infringement. They claim Bentleys All Terrain Specification comes with a Drive Dynamics system that...

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  • People Want Small Cars, But Automakers Stopped Selling Them
    18 Jun 2018

    Consumers have a short memory when it comes to gas prices. When they go down, buyers rush out to trade their small, economical hatchback for a large, three-row SUV. That’s what happened in 2017 when gas prices dropped and small cars were traded into dealers on large cars and trucks. Now, oil prices are rising and Automotive News reports that people want their small cars back.  But due to a lack of supply used prices are currently rising on small cars. Some analysts believe a seasonal uptick is responsible for the increased demand, while others point to industry decisions by maj...

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  • Global Electric Car Sales Up More Than 50% in 2017
    03 Jun 2018

    Electric car sales around the world rose by 54 percent in 2017, taking global stock across the three-million threshold, the International Energy Agency said in a report. In China, the world’s biggest market for electric vehicles, sales grew by about half – but their market share remained small at 2.2 percent.  In Norway, electric vehicles have by far the world’s highest market share with 39.2 percent according to the IEA. The Paris-based agency was optimistic about the sector’s prospects saying that supportive policies and cost reductions are likely to lead to...

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