Good morning and welcome to The Downshift, or TDS for short, The Drive’s daily news roundup bringing you the biggest automotive headlines from around the world. The Downshift quickly recaps what’s going on every morning in the car sphere, summarizing news in a couple of sentences along with links to full stories.
Toyota’s global sales dropped for a fourth-straight month in May, by 7.4% compared to a year prior, due to continued supply challenges in the Middle East and strong competition in China. Meanwhile, Kia’s sales climbed 4% globally over the same period, and 10% in Europe alone, off the back of high demand for its fuel-sipping hybrids and fully electric vehicles.
Geely will reportedly begin selling Lotus EVs in Canada next month, for the first time in the country. All 88 Ferrari Luce examples allocated for sale in China have sold out, at a price of at least $586,000 per vehicle. The CEO of Mazda’s Australian division said that a next-generation Miata is still coming, but the company can’t confirm when, and it may be the final purely internal-combustion-engine-powered one ever.
Tesla has settled a lawsuit resulting from the 2023 death of a 71-year-old woman who was struck by a Model Y operating under the Full Self-Driving system. NHTSA has closed its investigation into power-steering failure in approximately 376,000 Tesla Model 3 sedans, saying that the automaker addressed the issue in a recall last year.
Source: thedrive.com
