The Latest Breaking News from SP Global Mobility

As the U.S. federal EV tax credit winds down, brands like Honda, Chevrolet and even Volkswagen are seeing big wins. But Tesla isn't among them.

Update and correction Wednesday 10:15 p.m.: An earlier version of this story, based on SP Global Mobility data cited by Automotive News, claimed that Lucid sold only nine Gravity SUVs through June. This figure is "completely inaccurate," Lucid officials said, adding "the real number is well into the three-digit range."…

In “one of the largest single-month changes” it has ever made to its forecast, S&P Global Mobility cut 700,000 cars from its annual U.S. sales estimate.

Automakers love to tout their young buyer bases. A few years ago, Dodge claimed it had the youngest customers in the business. In March, Ferrari said that 40 percent of its new clients were under 40. Companies want to appear hip and cool, and many don’t want to muck up…

Imports from Canada and Mexico will be taxed at 25 percent while levies on Chinese products will increase to 20 percent

US President Donald Trump announced yesterday that he intends to levy an approximately 25 percent tariff on car imports. The tax could add thousands of dollars to the price of new vehicles when consumers are clamoring for more affordable options. Last week, Trump said he could enact the tariffs as…

Broadly speaking, electric vehicles are throwing loyalty out the window and helping brands steal buyers from competitors in unexpected ways. That's something we've known to be true for years, and it's something car companies brag about constantly. For automakers, "conquests" are a big deal. 

If there's one thing that's enough to convince an American to buy an EV, it's a big fat tax credit—for now at least. It turns out that U.S. car buyers came out in full force post-election, surging the registration of new EVs by 25% in December according to new data…

The selloff subsided when Trump announced the tax hike on Mexican imports would be postponed for one month.