Automakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla’s price cuts rip through an industry that must sell more EVs or face hefty fines.
Automakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla’s price cuts rip through an industry that must sell more EVs or face hefty fines.
U.S. light-vehicle sales are projected to rise 4.6% to 15% in April, forecasters say, as consumers lock in prices poised to rise in coming months as tariffs take a toll on supply and selection.