The $7,500 EV tax credit is going away at the end of September, and Americans are rushing to buy electric vehicles before it disappears. EV sales jumped more than 26% last month. Analysts think they’ll continue to spike as the deadline nears and then drop off in October when the discount disappears.
Read more: www.kbb.com/car-news/ev-sales-up-26-as-tax-rebate-…
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Chevrolet has started planning the C9 Corvette. The company has released concepts from two of three design studios for the next generation of America’s supercar. Both proposals so far are electric.
Read more:
www.kbb.com/car-news/chevrolet-begins-to-imagine-t…
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Hyundai has introduced a new Ioniq 6 N – an ultra-high performance version of its Ioniq 6 EV complete with a drift mode and 641 horsepower.
Read more: www.kbb.com/car-news/hyundai-reveals-high-powered-…
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The famed SRT speed shop is coming back. From 1989-2021, it built high-powered versions of cars for Dodge, Jeep, Ram, and other brands. Now, parent company Stellantis plans to take it out of mothballs. It will likely focus on high-horsepower gasoline-powered cars again.
Read more: www.kbb.com/car-news/famed-srt-speed-shop-will-be-…
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A new analysis finds that the 2025 Toyota RAV4 was Earth’s best-selling car last year. It knocked the Tesla Model Y off the top spot, partly due to protests at Tesla dealerships over CEO Elon Musk’s political activity. Impressively, the 2025 RAV4 won on the way out the door -- Toyota will bring out an entirely redesigned RAV4 for the 2026 model year.
Read more: www.kbb.com/car-news/report-toyota-rav4-takes-worl…
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BMW will revamp its entire lineup with a new design language, debuting this September at the Munich Motor Show. A modern interpretation of the classic Bimmer designs of the late 1960s, the Neue Klasse style is simpler and cleaner than any current BMW. Seen here on two concept cars, it will appear first on the new 5 Series, rolling out to every model in the lineup within three-and-a-half years.
Read more here: www.kbb.com/car-news/bmw-to-launch-new-design-lang…
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