Cars and Drivers
Cars and Drivers Articles
BMW Group has announced that it is the world's largest luxury car company, based on 2019 sales. But is it really?
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Some analysts believe that Tesla has overshot most price targets and shares should be pulling back. In fact, a flurry of analysts came out in defense of this position on Thursday.
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Many Americans learned how to drive when they were in their teens and got a driver's license soon after. However, this pattern has changed, leaving the auto industry with a smaller pool of customers.
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Tesla's success continues to be a miracle to some industry experts. It was supposed to be too small to beat large car companies with big balance sheets and dealer networks.
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For the fifth consecutive year, new vehicle sales in the United States topped 17 million. Since the peak in 2016, however, sales are down 2.5%.
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Tesla now has a market value that is almost the total market values of General Motors and Ford combined.
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Fiat sold only 25 cars per day in 2019, which raises the question of whether it will be able to stay in the United States at all.
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Tesla reported that it built nearly 105,000 vehicles in the fourth quarter and delivered 112,000. For the year the company delivered more than 367,000 vehicles and production in China is gearing up.
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Tesla shares have absolutely exploded in the past six months, and the cult of Elon Musk is growing, due to many exciting developments from Tesla recently, including the Cybertruck.
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Ford announced Monday that it has closed preorders for the First Edition variant of its new 2021 Mustang Mach-E all-electric crossover.
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Tesla and its chief rival in China, Nio, are gearing up for a head-on collision in the Chinese market for a compact, all-electric crossover.
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Chinese electric vehicle maker Nio reported quarterly earnings Monday that were better than expected and offered a revenue forecast for the current quarter that leapfrogged the consensus estimate.
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American car sales are likely to top 17 million again in 2019, the fifth year of sales above that extraordinary level. Even so, the figure will be down 1% from 2018.
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Volkswagen on Friday shortened its projected timeframe by two years for producing a million all-electric vehicles for the European market.
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As shares of Tesla reached an all-time high, its market cap soared to about 49% higher than that of General Motors.
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