Category: Global

Global electric car sales rose 31% in 2023, says Rho Motion report

Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 31% in 2023, down from 60% growth in 2022, according to market research firm Rho Motion. Global EV sales rise by 31

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FTC cracking down on shady car dealerships 

(WTTV/WXIN) — The Federal Trade Commission is planning a crackdown on illegal tactics used by some shady car dealerships. The FTC believes it can save American consumers up to $3 billion per year

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Used car prices are down 7% in a year after reaching record highs – but is Tesla, Ford or Ram best value and will prices fall more in 2024?

After the pandemic cause used car prices to soar they fell for the second year The average listing price of a used car was just over $26,000 in December Analysts predict that 2024

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Surveillance captures break-in, alleged car theft at Goshen dealership

GOSHEN, Ohio — Two people were caught on camera breaking into the office of Upscale Auto Sales in Goshen, Ohio and stealing several keys to vehicles parked in the used car dealership’s lot.

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CES 2024: BlackBerry announces foundation for next-gen automotive, IoT systems

In the latest part of its evolution from pioneering mobile business data services, BlackBerry has announced general availability of its QNX Software Development Platform (SDP) 8.0, which, when combined with the associated

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Used-Car Wholesale Prices Have Given Up 53% of their Crazy Pandemic Price Spike: Historic Plunge Continued in December

Used-Car Retail Prices have given up only 36% of their price spike so far. By Wolf Richter for WOLF STREET. Used vehicle prices at auctions fell another 0.5% in December from November, seasonally adjusted; and by

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Rostraver used car dealership cited with nearly 800 business infractions

A Rostraver used car dealership is facing nearly 800 charges after state police said those running it failed to keep proper business records and post open hours, according to court papers. The charges

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Used car prices high but expected to be stable in 2024

The slight increase would compare to a 7% decline in 2023 and nearly 15% drop in 2022 from inflated prices during the coronavirus pandemic. At that time, availability of new vehicles fell to

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IRA EV tax credits winning over more auto dealers in 2024

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit.  In November 2023, the US Treasury announced that car dealers would receive

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Pickups’ Dominance Challenged As Fuel Economy And Value Become Bigger Priorities In Used Market

For the first time in recent memory, pickup trucks haven’t locked out the top three spots on the used vehicle charts {{comments}} comments 8 hours ago If you just looked at the most

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