STOCKHOLM — Autoliv said its planned factory closures would most likely be in Elmshorn, Germany, and Congleton, Britain, as part of its cost cutting moves. The Swedish automotive safety gear group, which counts
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This is Bloomberg Opinion Today, the certified pre-owned roundup of Bloomberg Opinion’s opinions. Sign up here . The used car business tends to evoke images of dodgy salesmen in goofy plaid sports coats, the kind
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WASHINGTON — After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with a year earlier
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WASHINGTON – Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a
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Introduced in 2017, the Kia Niro splits the difference between a hatchback and a station wagon, offering consumers the best of both worlds. But storage space isn’t the only appeal of the Niro,
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Buying a vehicle at a dealership that offers in-house financing can be tricky. Usually it’s because the rates at which the dealer offers financing suck. But what happens if that dealer closes or
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Nio now faces “a dilemma between its brand positioning and profitability,” CMB International Global Markets Ltd. analysts wrote in a June note, which simultaneously downgraded the automaker to hold from buy. While it
Read MoreUsed car prices eased by a record amount for the month of June. That has shares of used car dealers moving higher. The Manheim Used Vehicle Value Index, a closely watched indicator of
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Used auto prices are down for a third straight month, setting the expectation that the sector will contribute to further signs of easing in June’s Consumer Price Index print due on Wednesday. Wholesale
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When buying a used car, you have to be as thorough as you can to make sure that everything with that vehicle is fine. Not everyone does that, though, and can sometimes let
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