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EV Models

In the wee hours of this morning, Ford announced changing its EV strategy amid uneven sales and huge financial losses Its first EV on its forthcoming new EV platform will be a midsized truck, not a compact truck or crossover.

Rivian (RIVN) is losing its vice president of manufacturing, Tim Fallon, to Jeep, Dodge owner Stellantis (STLA) to spearhead its upcoming EV offensive in the US.

Rivian loses EV manufacturing

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In a negative month in the overall market (down 12% to 35,386 sales), June saw plugin registrations also drop by 15% YoY, to 16,089 units.

In June, new passenger car registrations in Germany increased by 6.1% year over year to 297,329 units, taking the first-half result to 1,471,641, up 5.4% year over year. Unfortunately, plug-in car sales continued to decrease.

The total number of new

Ford Motor Company reported 190,014 new vehicle sales in May, up 11% year-over-year, and totaling 877,685 in the first five months of 2024—up 5.6% from the previous period. And despite Ford's own recent remarks about slowing down on all-electric vehicles,

German
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