The original class action alleges that GM breached new vehicle warranties by failing to fix the issue
Sales of Caddy’s XT4 are down 12 percent this year though the model is less expensive for 2025
Fortunately, this recall impacts just 107 Bolt models between between the 2020 and 2022 model years
According to GM President Mark Reuss this new version of the Bolt is going to be better but not much more expensive
Depreciation trends show that electric vehicles are losing value faster than their gasoline counterparts
Data shows that consumer interest in EVs is on the rise, but that the high average prices limit their appeal
GM still needs to replace the battery packs of more than 10,000 Bolt models
After nine generations and over 10 million global sales, production of the Chevrolet Malibu will end in November
Even for those not eligible for all the rebates, the $7,500 tax credit makes the Bolt EV a tempting option
Following a series of aggressive price cuts, used Tesla have fallen 28.9% in value
Most BEV owners will consider going electric again next time around, but almost 40 percent of new EV owners tempted to switch back to ICE
Independent report commissioned by GM and Cruise highlighted poor leadership and lack of transparency with regulators
Tesla is still the king but BMW’s iX beats two much more affordable EVs
GM is working on changes to make sure the Blazer EV and Lyriq meet eligibility requirements for the tax credit later this year
The number of eligible vehicles is expected to increase as more carmakers submit the required information
Automaker says its troubled Cruise self-driving subsidiary shouldn’t have been used to make tax calculations
The EV was initially recalled in December 2022 due to a seat belt pretensioner issue
New IRS rules stipulate where the components of an EV’s battery pack can be sourced from
