Category: Global

A Negative Equity Nightmare Is Rocking The Used Car Market

Buyers who paid over MSRP during the pandemic are most at risk as falling demand for new cars pushes used prices down ... Continue reading this news update.

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Car values plummet, putting car loans underwater

Every year, the price of a new car ticks ever upwards. Loans get longer, yet monthly payments are always on the rise, leading to an epidemic of folks underwater on their loans. Now,

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Have Insiders Sold Turners Automotive Group Shares Recently?

We’d be surprised if Turners Automotive Group Limited (NZSE:TRA) shareholders haven’t noticed that the Independent Director, Martin Berry, recently sold NZ$451k worth of stock at NZ$4.74 per share. That sale was 19% of

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Plug-In Car Sales In Germany Weakened Again In February 2024

Tesla shines in the EV segment as the Model Y strengthens its position as the best-selling all-electric model. Mar 15, 2024 at 11:30am ET In February, new passenger car registrations in Germany amounted

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Used car prices are dropping, with EVs leading the way, according to iSeeCars data

Used EVs are a hot topic for debate. At one point not that long ago, it looked like used Tesla values would never stop climbing, but the automaker’s aggressive price-cut strategy has caused

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Used EV prices fall much faster than gas cars, according to iSeeCars

Used car prices have been heading in the right direction after months of elevated values and inventory shortages. Even so, the values of some vehicles have declined much faster than others, with EVs

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AAAE: Auto tech students to demonstrate skills

THE Australian Automotive Aftermarket Expo is set to play host to an exciting new competition dedicated to upcoming talent in the automotive arena.   Dubbed the Flying Spanners competition, it aims to encourage

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Earnings Show Some Momentum for Online Car Platforms

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant. Loans themselves — where there were loans

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2024 Mini Aceman: Chinese-built electric SUV detailed

More details of the Mini Aceman electric hatchback have surfaced, courtesy of government documents filed in China where it will be built. As reported by Car News China, the Mini Aceman will be

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We Can’t Let Up on the Pedal in the Drive for Electric Vehicles

Following the hottest year on record, the fight for clean cars and a healthier planet is facing determined foes. Now it looks like the Biden administration may slow-roll the needed transition to clean

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