{"id":2897,"date":"2026-04-01T17:51:56","date_gmt":"2026-04-01T17:51:56","guid":{"rendered":"https:\/\/stock999.top\/?p=2897"},"modified":"2026-04-01T17:51:56","modified_gmt":"2026-04-01T17:51:56","slug":"new-york-auto-show-reveals-gap-between-ev-ambitions-and-what-buyers-want","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=2897","title":{"rendered":"New York Auto Show reveals gap between EV ambitions and what buyers want"},"content":{"rendered":"

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FOX Business correspondent Jeff Flock joins \u2018Varney & Co.\u2019 to break down the surge in SUV and truck sales, the slowdown in electric vehicle demand and how billions in tariffs are reshaping the auto industry.<\/p>\n

A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum.<\/p>\n

STELLANTIS TAKES MASSIVE $26B HIT AFTER MOVING AWAY FROM EVS<\/p>\n

FOX Business correspondent Jeff Flock joined FOX Business\u2019 Stuart Varney on “Varney & Co.” to report from the New York Auto Show, where automakers are leaning into SUVs and trucks amid changing buyer preferences.<\/p>\n

Nissan Americas Chairman Christian Meunier discusses the debut of the 2027 Z Nismo at the New York Auto Show, highlighting performance upgrades and the brand\u2019s next-generation sports car vision on ‘Mornings with Maria.’<\/p>\n

Recent sales data underscores that pivot. Midsize SUVs and trucks are seeing notable gains, while smaller cars and electric vehicles are losing ground, highlighting a widening gap between industry ambitions and what consumers are actually buying.<\/p>\n

According to Cox Automotive and Kelley Blue Book, midsize SUV sales are up 15%, midsize truck sales are up 14%, while compact car sales are down 8% and EVs are down 26% in February compared to the same time last year. EV momentum has become increasingly uneven. Electric vehicles reached 10.5% of U.S. new-vehicle sales in the third quarter of 2025 but fell to 5.8% in the fourth quarter as incentives faded, highlighting a sharp pullback after earlier gains.<\/p>\n

HONDA CANCELS 3 PLANNED EV MODELS FOR US<\/p>\n

Nissan Americas Chairman Christian Meunier pointed to another pressure shaping the market: tariffs. Automakers and suppliers have absorbed billions of dollars in added costs, limiting their ability to pass those expenses on to buyers.<\/p>\n

A vehicle frame moves down the assembly line at the Nissan Motor Co. manufacturing facility in Tennessee. (Luke Sharrett\/Bloomberg \/ Getty Images)<\/p>\n

“It’s a lot of money, but it’s a lot less than the exposure we had a year ago when it was implemented,” Meunier said.<\/p>\n

AMERICANS ARE PUMPING THE BRAKES ON ELECTRIC VEHICLE ADOPTION: ‘AFFORDABILITY IS A BIG ISSUE’<\/p>\n

He added that the company has worked to reduce that burden while increasing domestic production.<\/p>\n

Interior Secretary Doug Burgum commends President Donald Trump\u2019s economic agenda on \u2018The Evening Edit.\u2019<\/p>\n

“At the very beginning, we had an exposure of $4 billion. We took it down to $1.5 billion in 25, and we’re going to get it down to zero. That’s our mission to build as many cars in the U.S. as we can,” Meunier said.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/p>\n

#York #Auto #Show #reveals #gap #ambitions #buyers<\/p>\n","protected":false},"excerpt":{"rendered":"

FOX Business correspondent Jeff Flock joins \u2018Varney & Co.\u2019 to break down the surge in…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[6694,4177,3438,3548,1107,4168,3776],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/2897"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2897"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/2897\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}