Category: Global

Used Car Wholesale Prices Rising

The prices car dealers pay at used car auctions increased in the first half of September — bad news for used car shoppers. Wholesale price trends tend to become resale price trends after

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Car Buying Was Finally Getting Better. the UAW Strike Will Upend That.

United Auto Workers member Victoria Hall walks the picket line at the Ford Michigan Assembly Plant in Wayne, Mich., Monday, Sept. 18, 2023. AP Photo/Paul Sancya The United Auto Workers union is on

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Do We Actually Need Car Dealerships? The Future of Auto Buying

The traditional model of buying a car involves visiting a dealership, test-driving various models, negotiating prices, and then finally closing the deal. However, with the rise of online shopping and the global pandemic

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Central NY woman took car from dealership on 200-mile test drive, troopers say – syracuse.com

Richfield Springs, N.Y. — A Utica woman took a car from a dealership for a test drive and was found by officers 200 miles away the next day, troopers said. Theresa A. Price,

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Lidar Technology continues to gain momentum

Q: Fully self-driving vehicles may take a long time to hit the roads in large numbers. The sensors driving much of their progress, however, are beginning to go mainstream. How has Hesai Technology’s

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All-Electric Car Sales More Than Doubled In August 2023

Chinese brands are surging, capturing more and more market share. Sep 18, 2023 at 8:11am ET In August, new passenger car registrations in Germany increased by 37 percent year-over-year to 273,417. During the

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Fire at Kempsey automotive business being treated as suspicious after 40 cars are destroyed

Police are investigating the cause of a fire that destroyed 40 cars and two trailers at a family-owned business in south Kempsey on the NSW Mid North Coast. Key points: Police are investigating

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Have New Car Prices Finally Hit A Ceiling After Years Of Increases?

The average transaction price of a new vehicle sold in the U.S. last month was $48,451, just $42 higher than in August 2022 {{comments}} comments 2 hours ago Both new and used car

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EVs Account For 7.2% Of New Car Sales In The U.S. Between January And July

Tesla accounted for 59.5% of all new EVs sold in the U.S. through the first seven months of the year {{comments}} comments 4 hours ago The percentage of new vehicles sold in the

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Distilled luxury with 1 million car sales

A 2023 Genesis G90 luxury full-size sedan In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis. Nearly eight years since its launch

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