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Auto Industry Headlines You Shouldn't Miss This Week
Auto Industry Headlines You Shouldn't Miss This Week

ArabGT

time5 days ago

  • Automotive
  • ArabGT

Auto Industry Headlines You Shouldn't Miss This Week

Last week witnessed a series of pivotal developments in the global automotive industry — from the launch of new models to political moves that could reshape the trade map, along with strategic decisions by major manufacturers that reflect the scale of transformation currently underway in the sector. We've selected the 5 most impactful stories shaping the automotive scene right now: BYD Overtakes Tesla in Europe for the First Time In a milestone moment in the global electric vehicle race, Chinese automaker BYD surpassed Tesla in EV sales across the European market for the first time. In April, BYD registered 7,231 new electric vehicles in Europe, slightly ahead of Tesla's 7,165 units, according to market data. Analysts attribute Tesla's decline partly to its aging lineup and the political controversies surrounding its CEO Elon Musk. Meanwhile, Chinese brands have maintained strong momentum despite new EU tariffs on their vehicles. Honda Cuts EV Investments and Refocuses on Hybrids Honda announced a strategic retreat from its electrification plans, cutting its planned investment in EVs and software by 30%, and dropping its earlier goal of having electric vehicles make up 30% of its sales by 2030. The revised forecast now targets just 20%. Instead, Honda will focus on launching 13 new hybrid models by 2027 — a shift that mirrors moves by other global automakers amid reduced government incentives and rising costs. Toyota Officially Reveals Hybrid-Only RAV4 Toyota has officially unveiled the sixth-generation RAV4, which is set to launch globally in March 2026. The model will be offered exclusively as a hybrid or plug-in hybrid, eliminating the traditional gasoline-only version. As one of the world's top-selling SUVs, the RAV4's electrified transition signals Toyota's full commitment to electrifying its core models — a shift that could significantly influence hybrid adoption in both emerging and developed markets. U.S. Delays Tariffs on European Cars President Donald Trump has postponed the implementation of proposed 50% tariffs on European car imports from June 1 to July 9, 2025, following a phone call with European Commission President Ursula von der Leyen, who requested more time for negotiations. The decision brought temporary relief to financial markets, but concerns remain that the eventual imposition of tariffs could seriously impact German automakers, who rely heavily on the U.S. market, and destabilize global trade. U.S. Senate Revokes California's Authority to Ban Gasoline Cars On May 22, 2025, the U.S. Senate voted to revoke California's authority to set its own vehicle emissions standards, including its plan to ban the sale of new gasoline-powered cars by 2035. This decision ends a long-standing EPA waiver and affects 16 other states that follow California's rules. State officials have announced their intention to sue the federal government, calling the decision illegal and harmful to public health. The resolution now awaits President Trump's signature and could mark a major shift in U.S. climate and transportation policy by limiting states' power to regulate emissions.

What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?
What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Yahoo

time6 days ago

  • Automotive
  • Yahoo

What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Are you looking for a budget-friendly electric or hybrid sedan? If you are, then you might be considering leasing either a Tesla or a Toyota Camry. Both are strong brands, known for producing quality, reliable, high-performance cars. Whichever brand or particular car you prefer, you've always got to consider the cost and that includes: For You: Trending Now: How much do I have to pay upfront? How much is it per month? Are there any other costs to consider, like buying gas (if you're looking at a hybrid)? GOBankingRates looked into Tesla and Toyota Camry monthly lease costs to see which would be best and more affordable right now. As you may already be aware if you're interested in electric vehicles (EVs) and hybrids, Tesla's brand has taken a beating recently. Between the CEO Elon Musk's antics, tougher competition and slowing demand, Tesla saw a 1% drop in sales from 2023 to 2024, according to CNN. Sales for Tesla continue to slide worldwide. Cox Automotive data also showed that used Tesla listings jumped by 33% since the start of 2025. Check Out: Earlier in the year, Tesla suddenly cut prices, according to Forbes. However, that was short-lived, with prices returning to previous levels; although with no need to put money down when signing a lease. Here are the leasing costs according to Tesla: Model 3 Long Range Rear-Wheel Drive (RWD): From $349 per month Model 3 Long Range All-Wheel Drive (AWD): From $549 per month Model 3 Performance: From $849 per month AWD Cybertruck: From $899 per month Unless there is a deal on (like now, at the time of writing), all of the Model 3's require a $2,999 down payment, are on 36 months and 10,000 miles per year leases. The AWD Cybertruck requires a $7,500 down payment and is also on a 36 months and 10,000 miles per year lease. With all of them and any EV, you get the benefit of the $7,500 federal EV credit, according to the U.S. Department of Energy. Leases don't have the same stringent credit terms compared to purchasing a car on credit, so it's easier to secure a lease and the federal credit. You can spread the $7,500 federal EV credit over the term of the lease or have this applied when tax season comes around. Now, let's see how these lease costs for Tesla compare with the Toyota Camry. The Toyota Camry is a comparable car in every way to Tesla's Model 3 (RWD, AWD and Performance), except for the Camry range all being hybrid's, which means you'll also have gas costs to consider. Based on the most up-to-date pricing direct from Toyota, here are the monthly lease costs and terms for the Camry range: Toyota 2025 Camry SE (Sport Edition; 2WD 4Dr. Sedan SE Hybrid CVT Model 2561): $349 per month Toyota 2025 Camry XLE (Executive Luxury Edition; 4WD 4Dr. Sedan XLE Hybrid CVT Model 2555): $489 per month Toyota 2025 Camry XSE (Extreme Sport Edition; 4WD 4Dr. Sedan XSE Hybrid CVT Model 2556): $509 per month All of the Toyota 2025 Camry's require a $2,999 down payment, are on 36 months and 12,000 miles per year leases. You get the benefit of an additional 2,000 miles per year. Toyota notes that the lease cost excludes tax, title, license, registration fees and dealer options and charges. Unfortunately, none of the Toyota Camry cars qualify for the Clean Vehicle Tax Credit of $7,500, based on the most recent information from the IRS. So that also makes Tesla more affordable because if you are eligible then so are any of the Tesla Model 3's. When Tesla was offering Model 3 leases at $299 per month with $1,000 down, they had a way better value than the Toyota Camry range (XLE, SE and XSE). However, now that those deals have gone away, the only price parity is the Toyota 2025 Camry SE and Tesla Model 3 RWD, both of which are currently leasing for $349 per month. All of the other Tesla models are more expensive than the Toyota Camry. Here's how they stack up: Toyota 2025 Camry range (XLE, SE and XSE): Between $349 and $509 per month $2,999 Down Payment 36 months 12,000 miles per year No Clean Vehicle Tax Credit of $7,500 Additional gas costs All lease cost excludes tax, title, license, registration fees and dealer options and charges Tesla Model 3 range (RWD, AWD, Performance): Between $349 and $899 per month Currently zero; usually a $2,999 Down Payment 36 months 10,000 miles per year. Yes: Clean Vehicle Tax Credit of $7,500 (if eligible) All lease cost excludes tax, title, license, registration fees and dealer options and charges If you factor in the Clean Vehicle Tax Credit of $7,500 it does make Tesla's Model 3's more affordable, but overall, still not with enough of a price advantage. Although with the cost savings from the zero downpayment and the fact that electricity is cheaper then gasoline in every state (as reported by Forbes), you'll save money on fuel. This means that overall, the most affordable Tesla option is cheaper than the most affordable Toyota Camry available. More From GOBankingRates 8 Common Mistakes Retirees Make With Their Social Security Checks 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry? 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What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?
What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Yahoo

time6 days ago

  • Automotive
  • Yahoo

What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Are you looking for a budget-friendly electric or hybrid sedan? If you are, then you might be considering leasing either a Tesla or a Toyota Camry. Both are strong brands, known for producing quality, reliable, high-performance cars. Whichever brand or particular car you prefer, you've always got to consider the cost and that includes: For You: Trending Now: How much do I have to pay upfront? How much is it per month? Are there any other costs to consider, like buying gas (if you're looking at a hybrid)? GOBankingRates looked into Tesla and Toyota Camry monthly lease costs to see which would be best and more affordable right now. As you may already be aware if you're interested in electric vehicles (EVs) and hybrids, Tesla's brand has taken a beating recently. Between the CEO Elon Musk's antics, tougher competition and slowing demand, Tesla saw a 1% drop in sales from 2023 to 2024, according to CNN. Sales for Tesla continue to slide worldwide. Cox Automotive data also showed that used Tesla listings jumped by 33% since the start of 2025. Check Out: Earlier in the year, Tesla suddenly cut prices, according to Forbes. However, that was short-lived, with prices returning to previous levels; although with no need to put money down when signing a lease. Here are the leasing costs according to Tesla: Model 3 Long Range Rear-Wheel Drive (RWD): From $349 per month Model 3 Long Range All-Wheel Drive (AWD): From $549 per month Model 3 Performance: From $849 per month AWD Cybertruck: From $899 per month Unless there is a deal on (like now, at the time of writing), all of the Model 3's require a $2,999 down payment, are on 36 months and 10,000 miles per year leases. The AWD Cybertruck requires a $7,500 down payment and is also on a 36 months and 10,000 miles per year lease. With all of them and any EV, you get the benefit of the $7,500 federal EV credit, according to the U.S. Department of Energy. Leases don't have the same stringent credit terms compared to purchasing a car on credit, so it's easier to secure a lease and the federal credit. You can spread the $7,500 federal EV credit over the term of the lease or have this applied when tax season comes around. Now, let's see how these lease costs for Tesla compare with the Toyota Camry. The Toyota Camry is a comparable car in every way to Tesla's Model 3 (RWD, AWD and Performance), except for the Camry range all being hybrid's, which means you'll also have gas costs to consider. Based on the most up-to-date pricing direct from Toyota, here are the monthly lease costs and terms for the Camry range: Toyota 2025 Camry SE (Sport Edition; 2WD 4Dr. Sedan SE Hybrid CVT Model 2561): $349 per month Toyota 2025 Camry XLE (Executive Luxury Edition; 4WD 4Dr. Sedan XLE Hybrid CVT Model 2555): $489 per month Toyota 2025 Camry XSE (Extreme Sport Edition; 4WD 4Dr. Sedan XSE Hybrid CVT Model 2556): $509 per month All of the Toyota 2025 Camry's require a $2,999 down payment, are on 36 months and 12,000 miles per year leases. You get the benefit of an additional 2,000 miles per year. Toyota notes that the lease cost excludes tax, title, license, registration fees and dealer options and charges. Unfortunately, none of the Toyota Camry cars qualify for the Clean Vehicle Tax Credit of $7,500, based on the most recent information from the IRS. So that also makes Tesla more affordable because if you are eligible then so are any of the Tesla Model 3's. When Tesla was offering Model 3 leases at $299 per month with $1,000 down, they had a way better value than the Toyota Camry range (XLE, SE and XSE). However, now that those deals have gone away, the only price parity is the Toyota 2025 Camry SE and Tesla Model 3 RWD, both of which are currently leasing for $349 per month. All of the other Tesla models are more expensive than the Toyota Camry. Here's how they stack up: Toyota 2025 Camry range (XLE, SE and XSE): Between $349 and $509 per month $2,999 Down Payment 36 months 12,000 miles per year No Clean Vehicle Tax Credit of $7,500 Additional gas costs All lease cost excludes tax, title, license, registration fees and dealer options and charges Tesla Model 3 range (RWD, AWD, Performance): Between $349 and $899 per month Currently zero; usually a $2,999 Down Payment 36 months 10,000 miles per year. Yes: Clean Vehicle Tax Credit of $7,500 (if eligible) All lease cost excludes tax, title, license, registration fees and dealer options and charges If you factor in the Clean Vehicle Tax Credit of $7,500 it does make Tesla's Model 3's more affordable, but overall, still not with enough of a price advantage. Although with the cost savings from the zero downpayment and the fact that electricity is cheaper then gasoline in every state (as reported by Forbes), you'll save money on fuel. This means that overall, the most affordable Tesla option is cheaper than the most affordable Toyota Camry available. More From GOBankingRates 8 Common Mistakes Retirees Make With Their Social Security Checks 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?
What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Yahoo

time6 days ago

  • Automotive
  • Yahoo

What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry?

Are you looking for a budget-friendly electric or hybrid sedan? If you are, then you might be considering leasing either a Tesla or a Toyota Camry. Both are strong brands, known for producing quality, reliable, high-performance cars. Whichever brand or particular car you prefer, you've always got to consider the cost and that includes: For You: Trending Now: How much do I have to pay upfront? How much is it per month? Are there any other costs to consider, like buying gas (if you're looking at a hybrid)? GOBankingRates looked into Tesla and Toyota Camry monthly lease costs to see which would be best and more affordable right now. As you may already be aware if you're interested in electric vehicles (EVs) and hybrids, Tesla's brand has taken a beating recently. Between the CEO Elon Musk's antics, tougher competition and slowing demand, Tesla saw a 1% drop in sales from 2023 to 2024, according to CNN. Sales for Tesla continue to slide worldwide. Cox Automotive data also showed that used Tesla listings jumped by 33% since the start of 2025. Check Out: Earlier in the year, Tesla suddenly cut prices, according to Forbes. However, that was short-lived, with prices returning to previous levels; although with no need to put money down when signing a lease. Here are the leasing costs according to Tesla: Model 3 Long Range Rear-Wheel Drive (RWD): From $349 per month Model 3 Long Range All-Wheel Drive (AWD): From $549 per month Model 3 Performance: From $849 per month AWD Cybertruck: From $899 per month Unless there is a deal on (like now, at the time of writing), all of the Model 3's require a $2,999 down payment, are on 36 months and 10,000 miles per year leases. The AWD Cybertruck requires a $7,500 down payment and is also on a 36 months and 10,000 miles per year lease. With all of them and any EV, you get the benefit of the $7,500 federal EV credit, according to the U.S. Department of Energy. Leases don't have the same stringent credit terms compared to purchasing a car on credit, so it's easier to secure a lease and the federal credit. You can spread the $7,500 federal EV credit over the term of the lease or have this applied when tax season comes around. Now, let's see how these lease costs for Tesla compare with the Toyota Camry. The Toyota Camry is a comparable car in every way to Tesla's Model 3 (RWD, AWD and Performance), except for the Camry range all being hybrid's, which means you'll also have gas costs to consider. Based on the most up-to-date pricing direct from Toyota, here are the monthly lease costs and terms for the Camry range: Toyota 2025 Camry SE (Sport Edition; 2WD 4Dr. Sedan SE Hybrid CVT Model 2561): $349 per month Toyota 2025 Camry XLE (Executive Luxury Edition; 4WD 4Dr. Sedan XLE Hybrid CVT Model 2555): $489 per month Toyota 2025 Camry XSE (Extreme Sport Edition; 4WD 4Dr. Sedan XSE Hybrid CVT Model 2556): $509 per month All of the Toyota 2025 Camry's require a $2,999 down payment, are on 36 months and 12,000 miles per year leases. You get the benefit of an additional 2,000 miles per year. Toyota notes that the lease cost excludes tax, title, license, registration fees and dealer options and charges. Unfortunately, none of the Toyota Camry cars qualify for the Clean Vehicle Tax Credit of $7,500, based on the most recent information from the IRS. So that also makes Tesla more affordable because if you are eligible then so are any of the Tesla Model 3's. When Tesla was offering Model 3 leases at $299 per month with $1,000 down, they had a way better value than the Toyota Camry range (XLE, SE and XSE). However, now that those deals have gone away, the only price parity is the Toyota 2025 Camry SE and Tesla Model 3 RWD, both of which are currently leasing for $349 per month. All of the other Tesla models are more expensive than the Toyota Camry. Here's how they stack up: Toyota 2025 Camry range (XLE, SE and XSE): Between $349 and $509 per month $2,999 Down Payment 36 months 12,000 miles per year No Clean Vehicle Tax Credit of $7,500 Additional gas costs All lease cost excludes tax, title, license, registration fees and dealer options and charges Tesla Model 3 range (RWD, AWD, Performance): Between $349 and $899 per month Currently zero; usually a $2,999 Down Payment 36 months 10,000 miles per year. Yes: Clean Vehicle Tax Credit of $7,500 (if eligible) All lease cost excludes tax, title, license, registration fees and dealer options and charges If you factor in the Clean Vehicle Tax Credit of $7,500 it does make Tesla's Model 3's more affordable, but overall, still not with enough of a price advantage. Although with the cost savings from the zero downpayment and the fact that electricity is cheaper then gasoline in every state (as reported by Forbes), you'll save money on fuel. This means that overall, the most affordable Tesla option is cheaper than the most affordable Toyota Camry available. More From GOBankingRates The 10 Most Reliable SUVs of 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on What Does It Cost To Lease a Tesla Monthly Compared To a Toyota Camry? Sign in to access your portfolio

Nissan could ditch pure-petrol power in the UK to avoid big ZEV fines
Nissan could ditch pure-petrol power in the UK to avoid big ZEV fines

Auto Express

time21-05-2025

  • Automotive
  • Auto Express

Nissan could ditch pure-petrol power in the UK to avoid big ZEV fines

Nissan UK's new managing director and ex-Vauxhall frontman, James Taylor, has suggested a move to selling only e-Power hybrids and full EVs could be the silver bullet that allows the company to balance its books and meet increasingly stringent zero-emission vehicle (ZEV) mandate regulations. At the launch of the new, electric Nissan Micra, we asked Taylor whether the firm's hybrid e-Power set-up – rather than a plug-in hybrid (PHEV) system, which in turn brings much lower CO2 figures – is the answer for customers not ready to make the leap to an EV. Advertisement - Article continues below 'It's a really, really good question,' he said. 'It's something, over the coming weeks, that I've got to get my head around – can it do that job to that level? In my mind it can, but it's a bit of a 3D puzzle at the moment in terms of working out what we can do. [e-Power is] a big step forward, and for those not ready to go full electric, it's kind of the next best thing. 'It comes back to what can you do in your sales mix? So, for example, do you go e-Power only? And then move the rest of your higher CO2 cars into that lower CO2 [band] – because the bit that we constantly have to do, is compare that to that [overall] CO2 number. Every part of the available choices we have to get to that ZEV mandate, we have to try and maximise to the best possible degree,' he told us. The move, which could see certain versions of the Nissan Juke, Qashqai and X-Trail axed in favour of those running the well-established e-Power tech, could see base prices rise by as much as 23 per cent. An entry-level Juke currently costs just over £24,000, while the cheapest e-Power variant is £29,575, for example – the caveat being that the hybrid comes with an automatic gearbox as standard, and isn't available in the cheapest Acenta Premium trim. Continuing to use the Juke as an example, e-Power claims fuel economy improvements of almost 30 per cent compared with the standard petrol automatic. Crucially, however, it would allow Nissan to slash fleet emissions by up to 20 per cent. Taylor didn't give a timeframe or even a firm answer on if or when Nissan UK may drop its range of non-hybrid petrol engines, but with an uprated Qashqai e-Power due later this year and new, all-electric Leaf and Juke models on the horizon, the writing may already be on the wall. Come and join our WhatsApp channel for the latest car news and reviews...

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