Volvo drops plan to go fully electric by 2030, hybrids to remain

Volvo has revised its 2030 plan to go fully electric, citing slowing demand for EVs and rising consumer interest in hybrids. The automaker now expects 90% to 100% of its 2030 sales to be electric or plug-in hybrids, with mild hybrids making up the remainder.

Are consumers skipping car dealers and buying private?

With high prices and low supply, consumers are weighing private car purchases versus dealerships, with industry experts noting private buying's potential cost savings but increased effort and risks driving many back to dealerships for trust and convenience.