The year 2022 presented a long list of opportunities to the Indian car industry. With demand coming back after two years of Covid gloom, there was much for the taking, and many did
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After a 6.4 magnitude earthquake struck Northern California, thousands were left without power. One dealership in North Eureka found a unique solution by plugging in two of its electric vehicles – a Ford
Read MoreCar shoppers have faced sky-high prices for more than a year in part because of high demand and tight inventory. But 2023 may finally bring some relief. As demand stabilizes and inventory improves,
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Dec 22 (Reuters) – Used-car retailer CarMax Inc (KMX.N) said on Thursday it was pausing some hiring, halting share buybacks and cutting expenses after reporting an 86% drop in third-quarter profit as the
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Growing Morgan Automotive Group of Tampa, Fla., bought two Florida Kia dealerships from LMP Automotive Holdings Inc. last week and bought a Florida Stellantis store in a separate, unrelated November transaction. It marks
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Passenger car sales in the Netherlands increased in November by 2% year-over-year (to almost 28,000), which turned out to be enough to once again outpace the plug-in car segment. According to EV Volumes’
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Yet when it comes to valuation, Tesla is still the fourth-most expensive stock on the NYSE FANG+ Index, trading at a forward multiple of 33 times estimated 2022 earnings. Worth $440B The company
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BERLIN — Germany’s electric car dreams are in trouble. A year ago, Berlin pledged to have 15 million battery-installed vehicles by 2030, but it’s likely to fall well short of that, according to
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ECARX, the automotive technology company backed by Geely Chairman Eric Li, will start trading on the Nasdaq today as a publicly listed company via a reverse SPAC merger that values it at $3.8 billion. The
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