Latest in Car Sales Drop
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Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
New Orleans officials were warned Bourbon Street was vulnerable to car-ramming
New Orleans city leaders were warned in a 2019 confidential physical security assessment that Bourbon Street was vulnerable to a vehicle-ramming attack.ABC News - Jan. 3 -
Vehicle Ramming Attacks: Using Cars and Trucks as Weapons Has Become Common
A New Year’s Day attack in New Orleans killed at least 15 people.The New York Times - Jan. 3 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
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Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts
A network of Facebook pages has been advertising “fuel filters” that are actually meant to be used as silencers, which are heavily regulated by US law. Even US military officials are concerned.Wired - Jan. 3 -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Temperatures drop across UK as arctic blast brings more snow
The weekend is set to be bitterly cold, bringing "significant snow" and blizzard-like conditions, forecasters say.BBC News - Jan. 3 -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - Jan. 3 -
Turo, the Car-Share App Used in Two Attacks, Is No Stranger to Safety Concerns
After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.The Wall Street Journal - Jan. 2 -
California gas car ban faces uncertain future
{beacon} Energy & Environment Energy & Environment The Big Story Legal challenges complicate California's auto future While the Biden administration recently approved California’s effort to ban ...The Hill - Jan. 2 -
What's Turo? The 'Airbnb of cars' was used in New Orleans and Las Vegas incidents
An online car rental service is under scrutiny after it was used in two incidents Wednesday.NBC News - Jan. 2 -
Tesla reports first drop in deliveries in at least 9 years
Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...The Hill - Jan. 2 -
Americans more likely to embrace driverless cars, but still skeptical: Survey
Americans are more likely to embrace driverless cars but are still skeptical of them, according to a new survey from YouGov. In the survey, 35 percent of Americans said when it comes to driverless ...The Hill - Jan. 2 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Man dies after car hit pedestrians on Christmas Day
A man who was hurt when a car hit pedestrians in London's West End on Christmas Day has died.BBC News - Jan. 2 -
Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
What is Turo? Car rental app used in New Orleans and Las Vegas
Turo, a San Francisco-based company founded in 2010, operates differently from traditional car rental services.The Hill - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
New Orleans New Year's car attack: What we know
Early New Years Day terror struck New Orleans as a man drove a pickup truck into a crowd on Bourbon Street, killing at least 15 and injuring dozens more. The driver was identified as Shamsud-Din ...The Hill - Jan. 1 -
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Officials provide update after car drives into crowd in New Orleans
Watch live coverage as law enforcement officials provide an update after a man drove into a crowd on New Orleans' Bourbon Street killing and wounding multiple people.NBC News - Jan. 1 -
Videos show scene after car plowed into crowd in New Orleans
Videos from New Orleans show the damage and victims after a driver plowed into a crowd on Bourbon Street. NBC News' Morgan Radford has details on the videos, how they were verified and the ongoing ...NBC News - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31
