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[1/2]A worker looks on at the Niska trial graphite mine, owned by Talga Group, which aims to launch commercial production in 2024, in Norrbotten, northern Sweden, in this handout image taken in August 2022 and obtained by Reuters on June 15, 2023. Tomas Bergman/Handout via REUTERS LONDON, June 21 (Reuters) – Automakers are rushing to…
Ontario is offering more money in a bid to keep automaker Stellantis from pulling out of building an electric-vehicle battery plant in Windsor, Ont., Premier Doug Ford said Friday. Stellantis and LG Energy Solution announced last year that they were building the $5-billion plant, but have recently stopped construction and warned they were implementing contingency…
Our main advice for buyers in this still tricky market is to act quickly and negotiate from an informed perspective. That can make the difference between getting a fair deal or paying too much. Also, it’s never been more important to make sure your credit is in good shape. Interest rates are up, but the…
Most months there are a few models that are given an extra push with incentives tied to supply and/or a coming redesign. Automakers and dealerships need to make room for new vehicles. These days there’s plenty of room, but some models are still more popular than others. Transaction prices remain elevated for most vehicles, though,…
New studies show electric vehicles are becoming more affordable as their US market share grows. getty Sales of electric vehicles are expected to reach historic highs this year in large part because they’re becoming more affordable according to a new study released this week. But shoppers who are interested in an EV but still can’t…
LaFontaine Automotive Group has acquired Pfeiffer Lincoln in Grand Rapids, Mich., marking the second Grand Rapids dealership for the Highland, Mich., group as it continues to expand into western Michigan. The acquisition, which closed Monday, follows LaFontaine Automotive’s August purchase of Keller Ford. The Lincoln store purchased from the Pfeiffer family was renamed LaFontaine Lincoln…
Quick Facts About Buying an Electric Vehicle Now If you are teetering on the brink of buying an electric vehicle (EV), you may well be asking yourself if you should buy a new EV now or wait. We understand your hesitation. The faltering economy, exploding interest rates, new and confusing regulations on EV tax credits,…