Category: Global

Plug-In Car Sales In May 2023 Exceeded 250,000

The Tesla Model Y remains the number one choice, while the Volkswagen ID.4 is the best of the rest. Jul 16, 2023 at 10:00am ET The European passenger car market expanded by some

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Used EV prices are collapsing, and Tesla is why

  Last week’s government inflation data showed used car prices were falling and likely stabilizing to levels just above pre-pandemic pricing. It seems prices for used electric vehicles, however, are falling even faster.

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New vehicle inventories up 75 percent from 2022 to 1.95 million

The U.S. new-vehicle inventory continued its steady climb in June as production recovers, according to data from Cox Automotive and the Automotive News Research & Data Center. The growing stockpile of unsold electric

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Yellow Cars Paint a Bright Depreciation Picture, but Don’t Get a Gold One

If you’re buying a car with resale value in mind, a bright color might be the way to go. According to some number-crunching by iSeeCars, three-year-old used cars depreciate the least if they’re

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Employee-owned car dealership

SIOUX FALLS, SD (KELO) — A Sioux Falls car dealership says it’s found a new avenue for hiring and retaining more workers. Vern Eide Motorcars says sales are strong and turnover is low

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Used car sales issues in the Midstate

Irelend Viscount and Jared Weaver 18 hours ago HARRISBURG, Pa. (WHTM)– The internet has made it easier than ever to buy and sell things, that includes cars, and if you’re in the market

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Startup EV maker VinFast off to a slow start

The VF 8 has received mixed reviews from automotive journalists, some of whom said it felt like a rushed product. Reuters reported Friday that VinFast is also facing headwinds with its plans to

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Lithia Honda car dealership showcases Lithia Partners Group award

To help identify potential winners, Lithia relies on a store performance scorecard, a three-page summary that breaks down components of the dealership’s business and reveals trends. Measurements include sales efficiency and service effectiveness,

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Mazda dealers found a strong partner in brand’s captive lender

At the same time, consumers had retreated to their residences to stop the spread of COVID-19 and the auto industry was at a standstill, waiting for production to restart and dealerships to reopen.

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Jeep does U-turn on Avenger electric SUV

One gasoline trim Laforge said Jeep is offering just one trim level – the Altitude – for the 1.2-liter gasoline Avenger. This has the same price across Europe (before local taxes) to disincentivize

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