Automotive

Inflation: Not Just For Tires Anymore

It’s starting to seem like every time everything gets more expensive, everything gets MORE expensive…
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 Inflation: Not Just For Tires Anymore

🔋🚀Tesla announced several regional price increases for 3 of its EV models. The Model 3 Long Ranger increased by $2500, the Model Y climbed by $3000, and the Model X jumped $6000. 

🛻🤵GMC has increased new Hummer EV reservations by $6250. The price increase will not affect the 77,500 existing reservations. 

🚙💸Ford says inflation has erased the Mustang Mach-E profits, but demand for the vehicle remains unphased. While demand remains high and no additional price increase has been announced, Ford has reported an increase in delinquent payments on the EVs.

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