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Toyota Was Mocked For Going Slow On EVs, Honda And VW Are Now Paying For Going Fast

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Automakers in the US are taking sharply different paths toward EV adoption. Some, like Toyota and Mercedes, continue with a measured approach to new EVs. Others, such as Honda and Stellantis, are cutting back on their planned EV launches. The auto industry is at a crossroads with EVs, and this is becoming increasingly evident. Nearly every automobile manufacturer has been forced into some level of self-reflection as far as electric cars are concerned. Some are forging ahead in hope, while others are slowing down and reassessing their plans as market demand fluctuates and prices rise. Also: These Are The Best-Selling EVs In America This Year So Far The recent developments in the industry portray the picture of how fragmented everything has become. Some have already abandoned or delayed EV projects since it has emerged that the growth they were envisaging was not that imminent. Others are in the process of doubling down and are taking this as a chance to leapfrog, as com...
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One Of Only 19 Corvette-Powered Ferrari Killers Ever Built Just Sold For $520,000

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Powering this classic American sports car is a 377 cubic-inch Chevy V8. This rare example recently traded hands for $520,000 on Bring a Trailer. Bill Thomas Race Cars is thought to have built as few as 19 Cheetahs. Plenty of automotive enthusiasts dream about building a car of their own, but very few actually muster up the courage (and funds) to make it a reality. Back in the 1960s, Californian engineer Bill Thomas was one of the few who attempted to build a legitimate Ferrari and Shelby Cobra killer, and one of his rare creations was recently up for sale. Bill Thomas gained experience building race-prepped Corvettes for GM in the mid-1950s before founding his own company, Bill Thomas Race Cars , in 1960. With the support of Chevy’s Performance Product Group boss Vince Piggins, Thomas locked in the supplies for important C2 Corvette parts to build his own race car around. Read: Steve McQueen’s 1963 Shelby Cobra Is All Original And Insanely Cool Working in partnership ...
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Rivian’s One-Piece Bedside Turned A Dinner-Plate Dent Into Used Corolla Money

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This rear quarter panel damage triggered a massive teardown. The owner says the final repair bill came to around $14,000. Rivian’s one-piece bedside design appears to be the biggest issue. Appearances can be deceptive, especially when modern vehicle construction is involved. At first glance, the damage on view here isn’t all that wild-looking. Sure, it’s sizable, but it’s on just one panel alone. We’ve seen other Rivian owners fix similar, albeit smaller, issues with paintless dent repair . That’s not what happened here. Despite some folks believing that this dent would cost some $30,000 to fix, it came in at under half that – just $14,000 or, in other words, the cost of a decent used car like a Toyota Corolla. More: Guess How Much It Costs To Repair This Rivian R1T First, let’s break down exactly what we can see in the initial shots of the damage. The rear corner of this black Rivian R1T has a sizable dent behind the taillight, the bumper is scuffed, and the bedsid...
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Seven-Year Car Loans Were a Red Flag a Decade Ago, Now They’re The Norm

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Average new-car payment now $773 and still climbing upward. Nearly one quarter of buyers choose loans lasting seven years. Higher vehicle prices mean buyers are juggling payment terms. Buying a new car in America now feels less like a fun shopping expedition and more like applying for a second mortgage. And the length of the loans drivers are taking on to be able to afford a new car is increasingly mortgage-like. According to industry data, the average monthly payment for a financed new vehicle has climbed to $773 , which is only a couple of posh Starbucks coffees and fancy croissants away from $800. Or like buying a brand new iPhone 17 every single month for years on end. Related: Used-Car Prices Are Back To 2023 Highs, And EVs Are Leading The Climb That $773 average is up from $741 a year ago, Edmunds reports, and the crazy thing is it would be considered affordable by more than 20 percent of American car buyers. That’s the proportion of them who are paying more t...
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When Enthusiasts Drive A Classic 911, They “Realize It’s A Piece Of S***,” Says The Man Who Rebuilds Them

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Jan Kalmar speaks openly on his frustrations with the classic 911 chassis. Kalmar Automotive is currently re-engineering a 993-chassis as a 959 homage. Kalmar and his company have already created a 964-inspired supercar, the 7-97. By and large, the Porsche 911 has become a seminal example of enduring automotive culture. While the design has evolved over the years, the classic models are revered as having birthed an iconic symbol of driving perfection. Its distinctive design and the engine’s placement behind the rear axle have inspired generations of envy among lovers and enthusiasts. Well, by and large, so it seems. Because clearly, the same veneration is not employed by all. Beetle jokes aside, the most recent criticism comes from an individual who is deeply involved in the redevelopment of these cars. Jan Kalmar, the founder of Kalmar Automotive , has built his reputation on restoring and rebuilding vintage Porsches. His business began by restoring early 911s, but ha...
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Ford’s EV Sales Collapsed 70% While Toyota’s Nearly Doubled

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EV sales fell 27 percent year-over-year in Q1 2026 to 216,399 units. Tesla still dominated with more than half the market share. Toyota, Cadillac, Lexus, Rivian, and Lucid were rare bright spots. It’s no secret that the electric vehicle market in the United States is cooler than in other regions. Americans are still buying EVs, just not at anything close to the pace automakers were banking on a year ago. New figures from Cox Automotive show U.S. EV sales fell 27 percent year-over-year in the first quarter of 2026, dropping to 216,399 vehicles. That sounds ugly, and it is, but there’s a catch: the collapse is slowing. Compared to Q4 2025, EV sales were down 7.8 percent. That’s still a decline, but it’s a much smaller one than the 46 percent quarter-over-quarter plunge the market suffered at the end of last year after federal EV incentives disappeared. Read: America’s EV Sales Fell By Nearly A Third, But Toyota Jumped 79% EVs accounted for 5.8 percent of all new vehicl...
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Porsche’s Macan Turbo Electric Lost Over $33,000 In Value After Just 1,500 Miles

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Nearly-new Macan Turbo Electric struggled to excite auction bidders. High-specification, 1,500-mile car failed to sell on the Cars&Bids site. Porsche is also struggling with a fall in demand for new examples. Hype and market reality are very different. Just check out the tale of this Porsche Macan Electric. A 2025 MY car in desirable Turbo trim bought for over $120,0000 when the Macan EV was still bathing in the glow of the model’s launch buzz, it stalled at just $88,500 in bids on an auction website this month. This particular example, finished in Ice Grey Metallic and with just 1,500 miles (2,414 km) on the clock, originally stickered at $121,855 including destination when sold through Porsche Edison, NJ. That’s some serious money for a compact luxury SUV, even one wearing a Porsche badge. More: Porsche’s Next Gas Macan Is Already Testing In An Audi Disguise But then it also offers some serious go. The Macan Turbo Electric packs dual-motors pushing around 630 ...
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