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Says Tesla price cuts, higher repair cost affecting its bottom line.
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The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
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News comes one year after automakers agreed to a $5 billion effort to inject more affordability into the electrified market.
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Pulls out of production in China while investing in Renault’s EV unit.
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September registrations make 14 straight months of gains as electrified models take greater share.
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Adoption, though growing, not as much as carmakers had expected.
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On track to reach annual 1 million-plus milestone for the first time.
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New programs stem from Lotus Cars USA and Santander Consumer partnership.
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Federal guidance says that starting Jan. 1, consumers can transfer them to dealers instead of waiting till tax time.
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