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Tariffs Are Already Killing New Automobiles Below $30,000: Research

When President Trump unveiled his tariff plans on automobiles and automobile components in April, he stated, “you’re going to see costs go down.” Sadly, the truth is completely different. A brand new research from Automobiles.com on seller stock within the first half of 2025 signifies that the provision of recent automobiles below $30,000 is slowing down.

Lotus May Construct Automobiles at Volvo Manufacturing facility In America

Over the weekend, a number of experiences emerged suggesting Lotus would possibly shut down its historic Norfolk plant and stop automobile manufacturing in the UK. Nonetheless, these rumors have since been denied: “Lotus Automobiles is continuous regular operations, and there are not any plans to shut the manufacturing unit.” The assertion adopted experiences from the

LOTUS MULLS PHEV -SPORT CARS IN CONCERN TO IM POWER

Lotus assessments its upcoming ‘Hyper Hybrid’ expertise in sports activities automobiles because the enterprise continues with its pivot away from a pure electrical future amid falling gross sales. It’s “investigating the feasibility” of a sports activities automobile with high-powered hybrid expertise, CEO Feng Qingfeng mentioned at his firm’s earnings name within the first quarter. Lotus