Category: Global

Tesla (TSLA) used car prices are down $18,000, bringing a new level of affordability

Tesla (TSLA) used car prices have crashed $18,000 since their peak six months ago, bringing a new level of affordability to the electric car brand. Most car buyers can’t afford a new car

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Why the automotive supply chain faces another tough year

Suppliers have been dealing with one operating crisis after another since 2019, when the UAW’s strike against General Motors in the U.S. created major planning and financial ripples throughout the supply chain. Since

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Goebel's Used Cars on SR 200 in Ocala is now Leonard Motor Co. – Ocala

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Car dealerships should promote service department benefits

“If [a customer] only has price to go off of, now you’re in a price competition. And if the independents like Jiffy Lube and Pep Boys — that’s what they’ve won the business

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Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals

Joe Caso, longtime owner of Frontier Toyota in Valencia, Calif., sold his dealership to first-time owner Aman Abraham late last year. Abraham’s newly formed Addis Automotive Group in Los Angeles purchased the store

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$12.4+ Billion Worldwide Car Care Products Industry to 2031

Company Logo Global Car Care Products Market Global Car Care Products Market Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) — The “Car Care Products Global Market Report 2022” report has been added to ResearchAndMarkets.com’s

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Honda to create division to speed up EV development

TOKYO — Honda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organizational structure. The shake-up is part of

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This Company Wants to Change How We Buy and Sell Used Cars

Dealerships handle the vast majority of vehicle sales in the United States. That in mind, private-party purchases are an important part of the American car market, despite the lack of many security and

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Vehlo buys Rapid Recon and Velocity Automotive

Dealership software provider Vehlo has added Rapid Recon and Velocity Automotive to its portfolio. Rapid Recon provides used-car reconditioning software that helps dealers streamline the process of getting secondhand vehicles from auction to a

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Used car prices drop after record-high pandemic prices

If you are looking to buy a car, now may be the time to consider buying a used car. Prices for used cars are dropping after they soared during the pandemic. The car

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