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Showing posts from May, 2024

What’s the Best New-Car Deal for Memorial Day 2024?

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2024 Chevrolet Malibu                                             Let’s begin with the humble Malibu sedan. Anyone paying attention could see the Malibu was on the chopping block; sure enough,   Chevy announced in early May   that the ’24 model will be the last (for now, anyway; it wouldn’t be the first time the Bow-Tie brand furloughed the nameplate). That means it’s time to clear out inventory, which means dealers should be eager to pony up the cash discounts of as much as $2,000 off the 1LT and 2LT trims. Alternatively, shoppers can get 1.9% financing for 36 months on said LT trims, though the LS and RS are exempt from that deal. All such offers expire June 3. $30,355 2.  2024 Jeep Grand Cherokee If I had a nickel for every time the Grand Cherokee made one of our best deals stories, I’d probably have enough to afford one by now. But Jeep’s venerable t...

Tesla Cybertruck exec debunks claims that Foundation Series is coming to an endTesla Cybertruck exec debunks claims that Foundation Series is coming to an endTesla Cybertruck exec debunks claims that Foundation Series is coming to an end

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  Tesla Cybertruck Vehicle Program Manager   Siddhant Awasthi   personally debunked recent rumors that the Foundation Series of the all-electric pickup truck was coming to an end. As per the Tesla executive, the company is still actively producing Foundation Series Cybertruck units.  Rumors about the supposed end of the Cybertruck Foundation Series were shared by EV enthusiast  Kevin Melnuk  on social media platform X. Citing supposed Tesla employees, Melnuk claimed that customers are not picking up Cybertruck Foundation Series units due to the vehicle’s high price. In a separate post, the EV enthusiast also claimed that the Cybertruck is  only seeing a 2% conversion rate , so even the vehicle’s potential 2 million backlog will translate to just about 45,000 sales.  Melnuk’s claims saw a lot of pushback from fellow members of the electric vehicle community, many of whom noted that they are still waiting for ...