Tesla is so desperate for sales it’s started advertising, which Elon Musk famously said he ‘hates’
Tesla CEO Elon Musk. Ebrahim Noroozi/AP Tesla is finally resorting to ads — something Elon Musk has avoided for years. The company upped its ad spending to $6.4 million in 2023, The Wall Street Journal reported. Investors are losing patience with Tesla amid stiff EV competition and managerial chaos. Things are not going well for […]
U.S. first-quarter auto sales grew 5% despite high interest rates, but EV growth slows further
DETROIT — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a lack of charging stations. Automakers, most of […]
2024 Mazda Miata Sales: The Autoblog Miata Index
March and Q1 2024 sales figures are in and with them, an update on sales of the 2024 Mazda Miata. Bad news, sports (car) fans: 2024 is a slow one so far for our favorite roadster. And if our index means anything, then that’s bad news for the enthusiast market. But don’t worry; this is […]
2024 Auto Sales: Ford Bronco vs. Jeep Wrangler
Half a decade ago, Ford gave us our first concrete proof that a new Bronco was in the works. At the time, we had no clue what would transpire when the revived 4×4 came to market, and now, nearly four years after is tumultuous launch, production has more or less stabilized, setting the stage for […]
2024 Auto Sales: Q1 pickup sales rankings
With Q1 in the books, we’re seeing the first real 2024 U.S. auto sales figures, and with them, some shakeups in segments where the pecking order was long-ago established. We said in January that the auto industry was returning to a semblance of normalcy after more than three years of supply chain tomfoolery and runaway […]