Can Tesla survive without the EV tax credit in 2025?
In a crazy new plan from California Governor Gavin Newsom, he plans to provide electric vehicle tax credits to residents, while President Trump plans to eliminate both the order and the tax credits. The new rules would provide a $7,500 tax credit for all electric vehicles except Tesla. This is crazy because they are the only American car company making electric cars in the state.[embed]https://www.youtube.com/watch?v=h4oa4W1UM8Y[/embed]Newsom appears to be pursuing a Democratic presidential bid in 2028, potentially against Republican ally and power figure Elon Musk. Musk cannot run for president but supports eliminating mandates and tax credits and has endorsed President Donald Trump.Newsom unveiled plans to offer rebates to electric vehicle buyers if President-elect Trump repeals federal subsidies. The governor said a program that California phased out in 2023 may be restarted in place of the $7,500 tax credit. This is just a sign of superiority.Newsom's office told Bloomberg News that the current proposal includes market share limits that would exclude…
Insiders say Nissan “has 12-14 months left to survive”
Times are tough for Nissan. The automaker last month announced plans to lay off about 9,000 employees, or 6.7% of its global workforce, and cut 20% of production capacity due to falling sales, mainly in the United States and China. Nissan is looking for a major investor to help the automaker through a "make-or-break period" next year, the Financial Times reported, citing insiders. A Financial Times report published on Tuesday quoted a senior official close to Nissan as saying: "We have 12 or 14 months to survive." Some sources said Nissan is seeking stable shareholders such as banks or insurance groups but has not ruled out rival automakers like Honda, with which it already works on vehicle electrification and software as part of the partnership. technology. It was first announced earlier this year. Nissan already counts Renault as a major shareholder. Renault, which rescued Nissan from near bankruptcy in 1999, has begun to reduce its stake in Nissan in the…
Europe is about to learn whether electric car sales can survive with more growth
Cutting incentives and subsidies could limit EV sales, as Germany has shown this year go through Brad Anderson 13 hours ago Subsidies for electric vehicles are declining in Europe, threatening growth in major EV markets. The French government’s EV subsidy budget has been cut from €1.5B to €1B Spain is considering spending cuts, while Germany has already cut subsidies. Electric vehicles may be growing in popularity around the world, but the road to mass adoption remains challenging. In Europe, where EV incentives have historically boosted sales, some countries plan to scale back or overhaul their subsidy programs in 2025, a shift that could hamper growth in one of the key markets for electrification. France is at the forefront of some of the most significant changes. As part of the 2025 national budget, the government slashed the budget for the electric vehicle subsidy program from 1.5 billion euros to 1 billion euros. Currently, French buyers can receive subsidies ranging from €4,000…
Nissan executive warns ‘we still have 12 or 14 months to survive’
The Japanese brand is trying to find a new anchor investor to tide it over next year November 26, 2024 11:48 A Nissan executive reportedly admitted that without new investors, the brand has 12 to 14 months to survive. Renault is reducing its share of Japanese carmakers Former Nissan CEO Carlos Ghosn predicted last August that Honda would be taken over in disguise. Nissan Motor Co. is looking for a new major investor as the company grapples with what it calls "emergency mode" at a news conference earlier this month. Measures include cutting 9,000 jobs, cutting global manufacturing capacity by 20%, selling Mitsubishi shares and delaying the launch of new models. A Nissan executive said the brand may have only 12 to 14 months to turn things around and ensure survival. As all this happens, Renault is selling Nissan stock. At one point it owned as much as 46% of the Japanese brand. It is now below 40% and will…
Stellantis Just Confirmed Will the Hemi V8 Survive?
Stellantis has been on a killing spree, eliminating semi-powers from various models. Although increasingly rare, the 6.4-liter Hemi V8 is clearly here to stay in the future. That remains to be seen, but the engine powered the Ram 2500 Power Wagon concept at SEMA. Hemipower was once a hallmark of Dodge and Ram, but the once-ubiquitous engine is becoming increasingly rare. In addition to the absence of HEMI in the redesigned Dodge Charger, HEMI is no longer used in the facelifted Ram 1500 and the latest versions of the Jeep Grand Cherokee and Jeep Wagoneer/Grand Wagoneer. 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"); } }); While the engine range continued in a handful of models - including the Durango and Wrangler 392 (not so) final editions - it was widely seen as ominous. However, a version of the popular powertrain may stick around for a while.…
Which car brand won’t survive in the next 10 years?
There are many potential answers here and we hope you can give us reasons for choosing one of them Many car brands face challenges, but only a few may not survive the next decade. Consumer preferences and electric vehicle mandates are forcing automakers to rethink survival strategies. As the industry shifts toward electric vehicles, traditional automakers may struggle to remain competitive in the long term. In the automotive world, brands often make big bets on the future without any guarantee of success. If a brand makes too many bad choices, it may risk shutting down entirely. That's exactly what happened to Fisker, and now the looming question is, who will be next? Today, you tell us which brand you think won’t be around in ten years. Our main image shows the Chrysler Pacifica, which until recently was the only member of its lineup. Chrysler decided to revive the Voyager nameplate, which is a basically similar model. Chrysler currently produces 100%…
Volkswagen considers closing factories to survive
The new Tiguan may or may not come to IndiaVolkswagen, one of the world's most iconic automakers, is facing financial pressures that could lead to unprecedented plant closures in Germany. Volkswagen CEO Oliver Blume revealed that the company is considering closing some plants to meet its goal of cutting costs by 10 billion euros by 2026, sparking anger among employees and concerns among German politicians. This is an important moment in the company's 87-year history, as Volkswagen has never closed a plant in its home country before.Economic pressures behind the decisionThe core reason for Volkswagen's difficult decision is the shrinking European auto market, which has been severely affected by the COVID-19 pandemic. Volkswagen Chief Financial Officer Arno Antlitz said that the current annual car sales in the European market are 2 million units lower than in 2019, resulting in overcapacity in factories. Since Volkswagen occupies about 25% of the European market, the decline in sales is equivalent to a reduction…
Volkswagen considers closing factories to survive
The new Tiguan may or may not come to IndiaVolkswagen, one of the world's most iconic automakers, is facing financial pressures that could lead to unprecedented plant closures in Germany. Volkswagen CEO Oliver Blume revealed that the company is considering closing some plants to meet its goal of cutting costs by 10 billion euros by 2026, sparking anger among employees and concerns among German politicians. This is an important moment in the company's 87-year history as Volkswagen has never closed a plant in its home country before.Economic pressures behind the decisionThe core reason for Volkswagen's difficult decision is the shrinking European auto market, which has been severely affected by the COVID-19 pandemic. Volkswagen Chief Financial Officer Arno Antlitz said that the current annual car sales in the European market are 2 million units lower than in 2019, resulting in overcapacity in factories. Since Volkswagen occupies about 25% of the European market, the decline in sales is equivalent to a reduction…
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