Category: Global

Edmunds: ‘Storm is brewing’ fueled by negative equity | Auto Remarketing Auto Fin Journal

Cherokee Media Group asked Jessica Caldwell of Edmunds about negative equity during a conversation at NADA Show 2024 in February. Caldwell immediately replied, “Right now, that is a yikes.” The latest Edmunds Used

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U.S. Auto Dealer Sentiment Improves in Q1, but Current Market View Remains Weak as Profit Pressures Replace Inventory Woes

ATLANTA, March 13, 2024 – The Cox Automotive Dealer Sentiment Index (CADSI) shows that current market sentiment improved slightly in the first quarter compared to the fourth quarter of 2023, increasing from 40

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How to fight the ‘boy’s club’ mentality in the automotive sector — Veronica Dunford

Thanks to efforts from across the car industry, there are an increasing number of women in automotive roles, adding fresh prespectives to the business and helping it continue to grow. But in spite

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The Best $10K You Can Spend on a Used Car, According to Experts

The average cost of a used car in the U.S. is $26,533, according to Kelley Blue Book (KBB). But if you’re on a tight budget, or if you’re looking for a starter vehicle,

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Global electric car sales in February hurt by China’s New Year celebrations

By Nick Carey LONDON (Reuters) – Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose at a tepid rate of 3% in February versus the same period last year mainly due

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SoftBank-Backed Used-Car Startup Carro Drives Into Hong Kong With Acquisition

Aaron Tan, cofounder and CEO of Carro. Carro Carro, a Singapore-based online used-car marketplace, has expanded into Hong Kong with the acquisition of a local smaller peer to bet on the city’s growing

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China technology giant Xiaomi starts electric car sales

Manage consent settings on AMP pages These settings apply to AMP pages only. You may be asked to set these preferences again when you visit non-AMP BBC pages. The lightweight mobile page you

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Group 1 Automotive acquires South Carolina dealerships By Investing.com

© Reuters. HOUSTON – Group 1 Automotive, Inc. (NYSE: NYSE:), a Fortune 300 company and a major player in the automotive retail sector, has expanded its market presence with the acquisition of Modern

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The Miske Trial: A Honolulu Used Car Dealer Gets Roughed Up

Testimony continues in the organized crime and murder trial of Honolulu businessman Mike Miske with government witnesses describing violent behavior by the alleged crime boss. Editor’s note: This story is republished with the

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76% Of Americans Don’t Trust Car Dealers To Be Honest About Pricing

Roughly one in every three reported feeling pressure to purchase add ons too and the same percentage had to deal with hidden fees

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