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Hertz is selling EVs, including Teslas, to buy gasoline models

Green Car Reports

rental fleet to buy gasoline cars. The company said in a filing with the Securities and Exchange Commission (SEC) that the sales of these vehicles, which represent about one third of its global EV fleet, began in Dec. Hertz on Thursday announced that it's selling about 20,000 EVs, including some Teslas, from its U.S.

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EVs and hybrids now make up 16% of US light-duty vehicle sales – this is who’s buying them

Electrek

Hybrid, plug-in hybrid, and battery EVs collectively accounted for 16% of US light-duty vehicle sales in the second quarter of 2023, according to the US Energy Information Administration ( EIA ). more… The post EVs and hybrids now make up 16% of US light-duty vehicle sales – this is who’s buying them appeared first on Electrek.

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Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. Penske had previously bought Don Allen Auto Service Inc. in Massachusetts. Thus far, 2024 has been a year of expansion for the brand.

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US consumers aren't buying PHEVs despite automakers embracing them

Green Car Reports

The hype surrounding plug-in hybrids isn't translating to sales PHEVs only accounted for 1.9% of 2024 sales so far EVs have accounted for 9.4% of 2024 new vehicle sales As automakers emphasize plug-in hybrids as a hedge against EV uncertainties, consumer interest may be cooling, a new J.D. Power study indicates.

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QOTD: Which Racetrack Would You Buy?

The Truth About Cars

Earlier today, we brought you the news that the iconic Willow Springs Raceway in California is for sale. Now I am wondering -- if any racetrack in the world was for sale, which one would you buy? Now it's your turn -- which track would you buy? For me, the answer is simple -- Road America in Wisconsin. Sound off below.

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2024 Toyota Grand Highlander and Lexus TX hybrids recalled, stop-sale issued

Green Car Reports

Toyota issued a stop-sale and recall for the 2024 Grand Highlander and Lexus TX The issue stems from the driver-side curtain airbag A solution doesn't exist, and Toyota expects a remedy by mid-August Consumers looking to buy the 2024 Toyota Grand Highlander hybrid or Lexus TX hybrid can't due to a stop-sale being issued.

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BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. BYD will gain more control over its European sales through the Hedin purchase. It will take over sales activities in the German market and directly manage stores in Stuttgart and Frankfurt.

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