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Bank Study Claims 52 Percent of Households Postponed New Vehicle Purchases

The Truth About Cars

A survey conducted by Santander Holdings USA, attempting to probe the status of middle-class households over the last twelve months, has reported that over half are actively delaying new-vehicle purchases. While we’re focused entirely on automotive issues, home ownership has indeed played a factor in reducing vehicle purchases.

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Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Nonprofits or government agencies can use the new agreement to purchase electric buses once they join CALACT.

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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. ” Yesterday, we reported on one of Stellantis’s ideas for increasing EV adoption: creating an affordable EV under the Jeep brand , which has a loyal following. VW wants to change that.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. The post Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase appeared first on TESLARATI.

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Backfire: Buying EVs Hasn’t Worked for Hertz

The Truth About Cars

If you haven’t been following Hertz, the automotive rental company filed for bankruptcy in 2020 and was purchased in June of 2021 by a hedge fund and equity firm that assumed they could run the business. As someone who has rented a lot of cars, Hertz was always an affordable and convenient option. The November IPO valued Hertz at $15.3

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How to Buy a Car Online

Clean Fleet Report

How to Buy a Car Online A Step-by-Step Guide To Remove Risk This article may contain affiliate links. In this article, we’ll detail a step-by-step guide on how to buy a car online so you can proceed in an informed manner. Sometimes you have to choose between the car you want and the car you can afford 1. million in 2021.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla. Ram introduces a lineup of electric vans. This and more, here at Green Car Reports.