WardsAuto Daily

3 months ago

Porsche and Toyota adding hybrids; Why Ford is chasing Porsche strategy with Mustang; Chinese EV sales slowing in EU


	AUGUST 19, 2024

Ford has shown its dealers plans to expand the Mustang lineup not unlike the way Porsche expanded into four-door coupes and SUVs.

EV growth is outpacing ICE growth; Porsche and Toyota expanding hybrid lineup.

Chinese brands see up to 45% slide in EU sales as tariffs imposed from unfair government subsidies take hold.

Low-priced used vehicles can boost dealers’ profits.

ICYMI

U.S. sales chief says automaker thinking of cutting some ICE powertrain choices on the way to a full hybrid lineup.

Hyundai adds an N performance trim to its Ioniq 5 EV and quickly sets benchmark for affordable performance-tuned EVs.

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