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Tag: electric vehicles

Tag: electric vehicles

New-EV sales fall 11% in February as gas prices boost demand

While new-EV sales continued to slide at the end of February, rising gas prices led to

Aidan Bush

Uber to invest up to $1.25B in Rivian in robotaxi bet

Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc.

Bloomberg News

EV owner satisfaction improves despite sales slump

EV owner satisfaction neared record levels in the second half of 2025, even as new-EV sales

Johnnie Martinez II

Lucid lays off 12% of US workforce amid EV market pressure

Lucid Motors is laying off 12% of its U.S. workforce as the EV maker looks to

Johnnie Martinez II

Rivian deliveries drop 31.3% YoY amid operational shift

EV maker Rivian deliveries and production fell in the fourth quarter and full-year 2025 as the

Johnnie Martinez II

OEM January sales mixed amid wintry weather

Despite winter storms negatively impacting new-vehicle sales in January, several manufacturers reported increased sales for the

Amanda Harris

J.D. Power: ICE vehicles are three times more profitable than EVs for retailers 

LAS VEGAS — EVs have become less profitable than gas vehicles for retailers, and more costly

Aidan Bush

Stellantis plunges on €22 billion charges tied to EV retreat

Stellantis NV is taking more than €22 billion ($26 billion) in charges mainly linked to reversing

Bloomberg News

Credit Union Auto Lending Surges

David Thompson

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Market Data

Auto Loan Rate Index

Today

6.85%

+0.15%

Lease Penetration

MTD

28.4%

+2.1%

Subprime Approvals

MTD

42.7%

-1.3%

Days to Finance

MTD

718

+3

Days to Finance

MTD

38

+2

Days to Finance

MTD

142 bps

-8

Last updated: March 30, 2026, 2:45 PM EST

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