Summary: Tesla was at one point effectively the only option if you wanted an EV Competition has grown from traditional automakers coming out with their own EVs Global interest in EVs has waned in favor of hybrids. In effect, the EV bubble has burst To maintain profitability and reduce costs, layoffs are the only option that Tesla can take to immediately affect its bottom line Tesla’s stock has also fallen 31% since December 2023 in a Q1 free fall, while legacy automakers have seen rallies in their stocks as hybrids surge in sales We think that Tesla’s major issue is that they bet everything o ..read more

There are plenty of good reasons for having an older vehicle. For a lot of people, shiny and new doesn’t always mean better. For some, it’s the adage: they just don’t make em’ like they used to. For others, an older car might be a rare, collectible, or vintage item that may hold sentimental value or bring fun and joy. Finally, for many, it may simply be that an older car is what meets their budgetary needs. Whatever the reason, having an older vehicle no longer has to mean having an ‘old’ vehicle. With the technology and possibilities of today, modernizing an older vehicle has never been easie ..read more

Summary: Lotus has had a rough time in the past few years with the global pandemic, but has taken a major gamble on the future of EVs Posting a $750 million USD loss in 2023, this was the price to pay to prepare new factories, production lines, and employees for a major push 2024 will see no less than three models, and a variety of trims, from the automaker, with plans to produce 150,000 cars annually by 2028 Taking just the bare minimum average profit margin and a sales volume of 30,000 cars in 2024, Lotus could be looking at $240 million in profit We think that if they stick to their plan ..read more

Summary Mobility in 2024 is achieved in a variety of ways, including Mobility as a Service (MaaS) via ridesharing, ride-hailing, and rent-per-use options The market value of MaaS is not to be underestimated as it was $678.1 billion in 2023, and is expected to breach $1 trillion in 2027 This has had a direct effect on automakers, as many family cars and smaller SUVs have had their rear leg room and comfort increased specifically as a response to ride-hailing, and small cars are now being designed with ridesharing partially in mind Because more people are sharing rides and even not owning their ..read more

Summary The rental car market is one of the key pillars of the global mobility sector The global pandemic caused a 30% hit in total market valuation 2020-2021 The market, driven by technological advancements and sustainability initiatives, is recovering strongly The Asian rental market’s explosive growth demonstrates how important regional dynamics are to the market We think that as long as rental car services can keep up with the market shifts and trends, they are likely to see some big profits in the coming years The rental car industry, a vital component of the global mobility sector, has ..read more

Summary Q1 2024 has shown a 4.5% increase in year-over-year sales Import vehicles have had a massive surge in sales, with Hyundai, KIA, and Toyota all being the major winners Domestic vehicles have stayed pretty level, with only Ford making any real headway Hybrids are the trend that consumers are wanting: Reliability and familiarity of gas power, fuel savings of electric power Import EVs are seeing good sales as they are high quality and in demand, riding on the coattails of the hybrid demand We think that any manufacturer that has a “full spread” of pure gas, PHEV/HEV, and EV offerings is l ..read more

Whether you crave a fuel-efficient hybrid, a feature-packed EV, an affordable sports car that hugs the curves, or even an adventure station wagon, there’s a perfect model for you in our comprehensive list of the best cars in 2024.  From award-winning mainstays to innovative newcomers, dive into our picks for the most compelling cars you can buy this year. We’ll explore their features, fuel economy, price, and what makes them stand out from the pack, so read on. 2024 Honda Accord 2024 Ford Mustang 2024 Hyundai Sonata Hybrid 2024 Mazda MX-5 Miata 2024 Kia EV6 2024 Volkswagen Arteon 2024 Su ..read more

Midsize trucks are the ideal combination of strength, quickness, and utility in today’s automotive landscape, where these qualities are highly prized. These midsize trucks have a versatile set of features that make them suitable for various drivers and situations, from commuting to camping to off-roading.  These pickups have all the power and utility of full-size vehicles without sacrificing the comfort and convenience of a smaller vehicle. This article will take you on a tour of the best midsize trucks on the market to help you make a well-informed purchase. 2024 Nissan Frontier Pro-4x ..read more

Summary The debate of Gas vs EV has gained momentum as more EV models are released each quarter The initial price of an EV is still higher than Gas, but incentives can nullify a large portion of that EVs win out by 65% in mileage costs, while gas powered vehicles still get more mileage of average per fill Charging infrastructure is one of the key components of EV adoption, with more and more coming online every week The real world analysis is that EVs are getting there, but aren’t quite “there yet” in terms of rivalling gas powered vehicles We think that EVs are a most cost-effective vehicle ..read more

Summary Retail used and CPO vehicles are seeing surges in sales numbers due to tumbling prices 1.13 million used vehicles were moved via dealerships and retail used lots in January, with 1.29 million used vehicles moving in February The trend towards used vehicles has created a cyclical effect where dealerships are offering more for used vehicles to entice consumers to sell CPO vehicles from short term leases are also creating a strong market, especially for those looking for “new” cars with partial or extended warranties We think that the effect of pricing dynamics and trends in the used mar ..read more