
DAILY ROUNDUP | SEP 07 | $812 Payments, Hybrids 15.7%, EVs 6.2%, VW 100K
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Car buyers are still in the market, but they are rejecting the expensive all-EV leap and choosing the hybrid middle ground instead.
Today’s episode breaks down a 16.8 million seasonally adjusted annual sales rate, record $812 average monthly payments, hybrids capturing 15.7% of sales while EVs fall to 6.2%, automakers funding the transition with legacy gas profits, the push to ban Chinese connected-vehicle technology, and Volkswagen’s planned 100,000 job cuts.
Today's Key Headlines
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The skinny
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