EV Market Cools for Some Startups, Legacy Brands

Experian data shows Tesla captured six out of 10 EV sales, slowing deliveries of other automakers’ EVs.
Experian data shows Tesla captured six out of 10 EV sales, slowing deliveries of other automakers’ EVs.
Acquisition brings group's dealership total to 35 around the country.
To date, only 7% of the approximately eight million affected cars have received the software upgrade.
Class-action payouts to total more than $200M among nine million owners.
Says historical automaker testimony has resulted in decisive action over safety issues.
They say brands haven’t done enough to protect vehicles without antitheft tech.
Works with insurer, expedites software upgrade, and offers steering wheel lock reimbursements to protect vulnerable models.
Picks up Hometown Subaru, Hometown Kia, and Hyundai of Beckley, all in West Virginia.
Automakers cite double-digit increases in the first quarter.
It reported that US retail sales rose 15% while fleet sales jumped 27%.
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