🔻 💰General Motors will adjust the price of the Chevrolet Bolt to $26.5K to win the affordability game. The new price is 27% lower than the 2020 model and nearly $1k below the Nissan Leaf.
👍 👍Nissan launched a cost-cutting restructuring plan two years ago and is beginning to reap the rewards. May 2022 marked the company's first fiscal-year profit in three years. The company's North American presence is a big contributor to the turnaround.
🛻 😅Ford is celebrating a 4.5% drop in sales for May. Why, you may ask? Because the rest of the industry is down around 30%. Experts point to Ford's pickup and SUV offerings as consistently wanted by customers and therefore helping to keep sales stable.
🌎 🛠Mercedes-Benz announced a massive million-car recall due to a possible problem with the brake booster system. ML, GL, and R-Class vehicles from 2004 to 2015 are affected. The recall will have a worldwide impact.