Hertz asks electric car leasers to buy their cars
Would you buy a Tesla Model 3 with less than 30,000 miles for less than $18,000? go through Brad Anderson 16 hours ago Hertz reportedly offers tenants the option to purchase electric vehicles outright, including from Tesla. A leaser purchased a 2023 Tesla Model 3 with less than 30,000 miles for $17,913. Hertz's Polestar offer appears to be less competitive than similar offers on Auto Trader. Hertz is retiring its electric vehicle portfolio in response to steep depreciation in some of its most popular models, including the Tesla Model 3. The rental giant has begun engaging directly with customers in what appears to be an active effort to sell these vehicles and is currently leasing them, offering the opportunity to purchase the car directly on the spot. While we couldn't find a direct announcement from Hertz about the program, one Reddit user recently shared a screenshot of an email they received from Hertz when leasing a 2023 Tesla Model 3.…
Mercedes asks 17 E-Class owners to stop driving their cars
Thankfully, Mercedes-Benz will provide leased vehicles to affected owners go through Brad Anderson 14 hours ago Affected vehicles include 2025 Mercedes E350 and E450 models with rear axle issues. Mercedes-Benz has discovered a possible weak weld in the camber strut brace. It's unclear when the automaker will begin making necessary repairs to affected cars. Mercedes-Benz only recently began production of the 2025 E-Class, but a small number of models have already been recalled in the United States. Unlike simple software issues that can be fixed with over-the-air updates, these vehicles require a trip to a dealership, with Mercedes actually urging owners to stop driving their cars. So what exactly is the problem that prompts Mercedes to tell owners to stop? The problem stems from the welds that secure the camber strut brackets to the rear axle bracket. These welds may not comply with current production specifications and may pose a safety risk. Read: 2025 Mercedes-AMG E 53 is an expensive…
Nissan struggles with sales, asks nervous dealers to be patient
Nissan's U.S. sales have dropped 26% in the past decade, and dealer profitability has also plummeted December 3, 2024 18:35 As bad news dominates the headlines, Nissan is trying to reassure frustrated U.S. dealers. The company said in a memo that it is developing a turnaround plan to drive sales and improve stability. U.S. sales are down significantly, but dealers have a variety of new models to look forward to. Nissan is asking its U.S. dealers to be "patient and understanding" as it faces many headwinds. These issues have been at the forefront of discussions recently, with a senior official reportedly saying that the company "can only survive 12 or 14 months" without new investors. These are shocking statements, and dealers are understandably anxious. In an effort to calm their nerves, Nissan Americas Chairman Jérémie Papin reportedly sent a letter on November 30 to address the issue. More: Nissan cuts U.S. production 17% to survive The memo was seen automotive…
China asks electric car makers to stop investments in following EU countries
China’s Ministry of Commerce is taking decisive action to respond to the EU’s new tariffs go through Brad Anderson October 31, 2024 11:58 European tariffs on Chinese electric vehicles will be as high as 45.3% after settlement negotiations failed. China’s Ministry of Commerce has advised local manufacturers to suspend investments in countries that support tariffs. Italy and France approve import taxes that could hinder their investment in Chinese car brands. European tariffs on Chinese-made electric vehicles took effect on Wednesday after the two sides failed to hammer out a solution. The new policy imposes import taxes of up to 45.3% on certain Chinese electric vehicles, a confrontational move that could reverberate throughout the industry. Just as new tariffs are implemented, Reuters There are reports that China’s Ministry of Commerce has told local automakers that they should suspend investment plans in countries that voted in favor of tariffs. The sources, who spoke on condition of anonymity, said automakers were "encouraged" to…
Porsche asks Taycan owners to increase battery capacity to 80% by first quarter
Porsche has issued a new recall for the Taycan due to a possible short circuit in the battery. It is recommended that owners only charge 80% to reduce the risk of thermal events. This recall affects a total of 27,720 2020-2024 Porsche Taycan vehicles. Porsche is recalling 27,720 2020-2024 Taycans due to a possible short circuit in the battery module. Certain vehicle owners in affected groups will be instructed to charge their electric vehicle batteries to 80% until repairs are completed (expected to be completed in the first quarter of 2025). var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); According to documents shared by NHTSA, the affected Porsche Taycans were produced between October 21, 2019, and February 1, 2024. All feature battery packs produced by LG and manufactured in Poland. More: U.S. Porsche Taycan sold with EU headlight software Certain battery modules in some electric vehicles…
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