Month: December 2022
Mercedes issues trio of small recalls to cap off an already recall-heavy year
We recently learned that Ford was the most recalled manufacturer in 2022, but Mercedes-Benz landed in the top five with 33 recalls involving nearly a million vehicles. Three of them appeared on December 16, involving tiny numbers of the brand’s more expensive machinery. The most serious recall of the group involves a handful of AMG
A concept car caught on fire in its 2022 Guangzhou Motor Show booth
The 2022 Guangzhou Motor Show is going down in China now, and it got off to a rather explosive start with a big fire at one of the manufacturer’s booths. As reported by Jiemian, a Chinese news website, a concept car from Chinese auto company IAT Automobile is the vehicle that caught fire. Videos embedded
If you buy an electric vehicle by March, you’ll have a better chance of getting the maximum $7,500 tax credit
Electric car power charging. Source Photo/Getty Images Biden’s Inflation Reduction Act included an up-to $7,500 tax credit for electric vehicle purchases. A recent rule delay could give buyers a greater chance at getting the full credit until March 2023. Here’s what Americans looking to buy an electric vehicle need to know about the credit. If
Now is a great time to buy a used Tesla
Prices for Tesla’s used cars are dropping fast amid fears of slowing demand for its cars. Kent Nishimura / Los Angeles Times via Getty Images Prices for used Teslas are dropping faster than the rest of the used-car market, Reuters reported. Secondhand Tesla prices dropped by some $11,500 between July and November. Tesla investors are
2022 was the year automakers figured out how to make electric cars really work
Even with negative undertones, this year was pivotal for the auto industry’s $515 billion push to leave the internal-combustion engine behind. Nora Naughton 2022 was a pivotal year for the auto industry’s $500 billion transition to electric vehicles. Despite auto execs losing faith in electrification, they learned a lot about how to make EVs work.
Tesla stock to close out worst year ever with a 65{5be0972a10a00bb621c1a18de1a801d58662e556d02921cebb422beac5e5b2fe} loss in 2022, wiping out more than $700 billion in market cap
Elon Musk. Carina Johansen/Getty Images Tesla stock is on pace for its worst year on record as trading in 2022 comes to a close. Shares have lost about 65{5be0972a10a00bb621c1a18de1a801d58662e556d02921cebb422beac5e5b2fe} from the start of the year. CEO Elon Musk has faced pressure from investors over his preoccupation with Twitter. Tesla stock ticked up Friday, the last
Tesla fans keep buying, unbowed by the $720 billion wipeout
Even the worst year ever for Tesla Inc. shares hasn’t shaken individual investors’ faith in the electric-vehicle maker and its billionaire chief executive officer, Elon Musk. Such retail traders have continued piling into the shares, data from Vanda Research show. In fact, they’ve been strong buyers every day this month, driving their net purchases to
Junkyard Gem: 2007 Saturn Vue Green Line
When the first Insights appeared in American Honda showrooms in late 1999, the era of production gas-electric hybrids on our streets officially began. That car was so cramped and goofy-looking, despite being a 60-mpg masterpiece of fuel-efficient design, that few paid it much mind … but then the Prius arrived here about a year later.