💰🔋☔️Hyundai's April was what Canadians would call "Pretty dang good." (most Canadians speak English, y'all)
The brand has a 15% increase in sales for the month, the 2nd best April in its history. 18% of total sales were eco-friendly cars, which increased 56% year-over-year.
Hyundai's commitment to a diverse lineup is landing with customers.
✂️🪡🛑Looks like Tesla found the lowest it was willing to go for now and has started reattaching previously cut prices.
The company increased some prices by about $250 in China and the US. Each model is still cheaper than at the beginning of the year following several previous cuts.
🚕📲🗺️Uber says Q1 revenue was higher than expected thanks to a resurgence in ride-sharing and food delivery. As a result, stock value jumped 7% and rippled to rival Lyft. Of course, with customers returning to travel habits, ride-share platforms have reduced incentives to keep gig workers driving.
🚙👍🗓️Ford's Mach-E is back, cheaper, and has a higher battery range. If you want to buy one, it's pretty good news. If you already bought one, maybe skip this section to avoid the FOMO?
Orders for the all-electric Mustang Mach-E reopened following a brief plant renovation-related closure. As the most popular electric model by the number 2 EV seller in the US, the Mach-E is getting a production boost from its maker. Ford says it will double the number of units built in 2023 to hit a run rate of 210K by year's end.