Latest news with #Prologue
Miami Herald
03-08-2025
- Automotive
- Miami Herald
Hyundai Ioniq 5 and Honda Prologue Break EV Sales Records in July
July was a huge month for electric vehicles in the U.S., and two standout models helped lead the way: the Hyundai Ioniq 5 and the Honda Prologue. Both compact electric SUVs posted their best-ever July sales, pushing their brands to new overall sales records and setting the tone for what could be a very electrified end to summer. Hyundai sold 5,818 units of the Ioniq 5 in July, a massive 71% increase over the same month last year. That helped push Hyundai to its best July ever in the U.S., with total sales reaching 79,543 units. About a third of those were electrified vehicles, and the Ioniq 5 continues to play a key role in that success, especially the new XRT trim level. Built in Georgia, the Ioniq 5 remains one of the top-selling EVs in the country. Hyundai claims it delivers up to 318 miles of range and can charge from 10% to 80% in roughly 20 minutes when using a fast charger. The bold, retro-futuristic design is just the cherry on top. Prices start at $42,600, making it one of the better value picks in the segment. Honda's Prologue had an even stronger month. With 6,318 units sold in July, it not only beat the Ioniq 5 but also outsold the 5,308 Ford Mustang Mach-Es, despite Ford's new lease offers. Honda's total electrified sales reached 38,050 for the month, setting a new July record for the brand. The Prologue is built on GM's Ultium platform and offers an EPA-estimated range of 308 miles. It starts at $47,400, so it's priced a bit higher than the Hyundai and Ford, but Honda recently sweetened the deal by giving drivers access to Tesla's Supercharger network, which includes more than 23,500 stations across the U.S. While these EVs are impressive on their own, the rush may also have something to do with timing. Both electric SUVs currently qualify for the full $7,500 federal EV incentive. But that's set to expire at the end of September for many models, prompting buyers to act fast. So far in 2025, the Mustang Mach-E is still slightly ahead with 27,093 total units sold. The Ioniq 5 sits at 24,910, followed closely by the Prologue at 22,635. With two months left before the tax break disappears, this sales race is far from over. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
News18
13-07-2025
- Automotive
- News18
Honda To Focus More On Hybrid Model, Will Give Less Priority To EVs
Last Updated: The report says that the company is all set to stop investing efforts in the EV segment after witnessing the low sales of its Prologue and Acura ZDX. When the top car makers globally are putting a lot of effort in the electric segment, the leading player, Honda now decided to take a different route and start prioritising hybrid instead. The report says that the company is all set to stop investing efforts in the EV segment after witnessing the low sales of its Prologue and Acura ZDX. The company has even pulled the plug on a EV, which was under development for the North American market. Here's What Report Says According to the details, the company decided to add an electric SUV to its international fleet to boost vertical. It has also formed a partnership with General Motors using the Ultium platform. However, nothing goes in favour of the model as the company decided to give it a pause and work on hybrid vehicles instead. Meanwhile, the company offers the City e:HEV globally. It is the hybrid sedan that has been doing good business and attracting the masses in both the domestic and international markets. Honda Civic Future? The reports suggested that the company is expected to introduce an updated avatar of Civic. It is likely to be treated with the hybrid system. This will allow the customers to enjoy a decent fuel efficiency on lower running costs as compared to the standard version. About the Author Shahrukh Shah Get the latest updates on car and bike launches in India — including reviews, prices, specs, and performance. Stay informed with breaking auto industry news, EV policies, and more, Also Download the News18 App to stay updated! tags : Honda First Published: July 13, 2025, 09:30 IST
Yahoo
11-07-2025
- Automotive
- Yahoo
Tesla, EV buyers need to act now if they want $7,500 tax credit
Buyers interested in a Tesla (TSLA) EV, or any EV sold in the US, need to act fast if they want to secure a federal government tax credit. President Trump's budget bill sunsets the federal EV tax credit of $7,500 for the purchase of new vehicles and the $4,000 credit for used EVs. The credit is slated to end on Sept. 30. While smaller state incentives remain, the federal credit was the main impetus for the sale of EVs in the US when it began during the first Obama administration. President Biden expanded the credit during his term, with used and leased vehicles able to take advantage, in addition to point-of-sale deductions, meaning the credit could be used immediately upon purchase. Bottom line: You have less than two months to act. The loss of the credit will affect popular vehicles like the Tesla Model Y, Honda (HMC) Prologue, and Kia ( EV9. Indeed, Tesla's Model Y, refreshed just this year, will go from around $37,500 to $45,000 before any state and local incentives. Auto research firm Cox Automotive estimates EV inventory at around 111 days' supply in May, significantly higher than the 60-90-day inventory for gas-powered cars. But that may not last. "We believe 3Q will see a significant EV pre-buy, with sharp declines in the months to follow," Barclays autos analyst Dan Levy said. "We may see another wave of EV panic buying in the coming months," AutoPacific's Ed Kim said, referring to big EV sales at the start of the year, to Automotive News. Read more: How to avoid the sticker shock on Tesla car insurance Plus, the EV tax credit required vehicles to be assembled in the US, had MSRP limits, and excluded higher-earning Americans, ruling out a number of EVs for purchase. But there's a big loophole. Any EV sold in the US, from the cheapest Hyundai (HYMTF) IONIQ 5 to Porsche's ( Taycan, qualifies for a lease incentive of $7,500 without any limitations. That $7,500 could be used to reduce the total amount of lease payments, meaning a smaller monthly outlay. While it might be a great time for consumers over the next month and a half, there is concern over what the loss will mean for the automotive industry, which is facing challenges to EV adoption such as higher prices for consumers, a lack of public EV charging, and concerns over "range anxiety." One report suggested EV sales could plunge by 30% when the credits expire. But other analysts believe the blip might be temporary. Read more: 6 steps to find cheap car insurance in 2025 One sign of hope for the industry: Deepwater Research's Gene Munster noted there were recent periods — from 2020 to mid-2022 — where Tesla buyers did not have access to the credits due to provisions of the older law, but sales were still robust. During that period, Tesla averaged a 75% increase in deliveries year over year as the Model Y became more available, meaning desirable, and improved EVs can experience higher sales without incentives, Munster said. Other factors that benefit EV owners and reduce pain points for EV ownership should improve, Munster said, meaning the EV's death may be nowhere near with the loss of credits. "Once mainstream buyers internalize that an EV can cost half as much to ''fuel,' and meaningfully less to maintain, adoption should accelerate, especially as charging infrastructure scales and compelling sub-$40k options proliferate," Munster wrote. That's good for industry. But for everyday Americans in the here and now, taking advantage of the $7,500 tax credit is a no-brainer if buyers are looking to purchase in the coming weeks. Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hypebeast
02-06-2025
- Business
- Hypebeast
Young Asian Artists Are Facing a Market Slowdown
Summary Auction sales for young Asian artists born in the 1990s have dropped to their lowest level in three years, according toThe Asia Pivotby Artnet. Total sales fell to $9.7 million USD in 2024, with average prices down 26 percent to $13,905 USD per work. The segment which was once seen as a fast-rising part of the market is now slowing. Artists who previously led the pack are seeing sharp declines. Anna Park, who brought in $1.67 million USD in 2023, did not make the top 10 this year. Raghav Babbar's average prices were cut nearly in half, despite most of his works still finding buyers. Artnet points to a wider downturn across ultra-contemporary art. Fewer works are being sold, and those that do sell are often going for less. However, a few names continue to perform well. Yukimasa Ida from Japan remained among the top three. Sun Yitian from China ranked first in 2024 after her painting Prologue sold for $415,000 USD. Women artists made up nearly half of the top 50, with many based internationally. The data suggests a market that is changing, with more global representation. China and Japan still account for most of the top-performing artists. Although the post-pandemic excitement around this group has cooled, these artists continue to reflect larger shifts in the market and are likely to influence future trends.
ArabGT
01-06-2025
- Automotive
- ArabGT
Why Are Rear Wipers Still a Joke on Big Family SUVs?
There's a detail on many family SUVs that often goes unnoticed — until it rains or mud splashes your rear windshield: the rear wiper. And when it comes to visibility, especially in large family vehicles, its performance matters more than you might think. In a lighthearted and ironic feature, we raised a curious question: Which cars are battling it out for the title of the world's tiniest rear wiper? These oddly undersized wipers often leave large portions of the rear glass untouched — an inconvenience that turns into frustration in real driving conditions. Small Wipers, Big Vehicles: The Worst Offenders Let's take a closer look at some of the most glaring examples of rear wiper design gone wrong — and explore why this puzzling trend persists. Honda Prologue and Chevrolet Blazer EV: Great Size, Tiny Swipe From a distance, the Honda Prologue might look like a compact SUV — until you realize it's hiding a rear wiper so short it's practically decorative. The blade covers only a sliver of the glass, making it nearly useless in poor weather. The same problem plagues its sibling, the Chevrolet Blazer EV. Both models share the same platform, and both suffer from the same design compromise: a high beltline and narrow rear window opening that restrict the size and movement of the wiper. If a longer blade were used, it would clash with the upper spoiler, so the designers opted for a minimal solution — a small, low-mounted wiper that delivers little functional benefit and draws more laughs than praise. Jeep Grand Cherokee L, Wagoneer, and Ford Bronco Sport: Unmet Expectations The problem doesn't end with Honda and Chevy. Even full-size SUVs like the Jeep Grand Cherokee L and Wagoneer, with their large rear windows, suffer from the same misstep: rear wipers that only clean the lowest strip of glass. The result? A massive rear windshield with just a tiny clean patch — not exactly ideal for visibility or aesthetics. The Ford Bronco Sport, with its rugged appeal, falls into the same trap. Its rear wiper is disproportionately short, especially considering the vehicle's size and adventurous image. When snow or dirt builds up, drivers are often forced to step out and clean the glass themselves — a frustrating task in a vehicle meant for comfort and capability. What Hyundai and Kia Got Right: The Elegant Fix Thankfully, not all automakers are missing the mark. Hyundai and Kia have implemented a simple yet brilliant design tweak on models like the Tucson and Sportage. Instead of mounting the rear wiper at the base of the window, they've cleverly integrated it under the upper spoiler. This hidden, spoiler-mounted setup keeps the rear glass visually clean when the wiper isn't in use, while still delivering full coverage when it's needed. It's a seamless blend of form and function — discreet, effective, and a small innovation that makes a big impact. More Than an Afterthought These examples show that the rear wiper isn't just an aesthetic feature — it's essential for safety and visibility. Unfortunately, poor design choices can turn it into a design joke, as seen in many large SUVs. But as Hyundai and Kia have demonstrated, thoughtful engineering can resolve the issue without compromising the vehicle's design language. So next time you're standing behind a massive SUV with a rear wiper that looks like it belongs on a toy car, ask yourself: How did we end up here? And better yet, what simple ideas could help fix it? We'd love to hear from you — have you experienced the woes of a barely functional rear wiper? Or do you prefer the sleek, hidden approach adopted by some brands? Let us know your thoughts, and share your tips for improving this often-overlooked feature.
