Category: Global

Direct-to-consumer vehicle sales banned — with exceptions

Florida Gov. Ron DeSantis on Monday signed a measure prohibiting most direct-to-consumer vehicle sales, but certain provisions will allow Tesla to continue to operate its franchiseless model. It was thought by some the

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Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

Image Credits: Peach Cars Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro

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Used-Car Prices Suggest Core Inflation Downdraft Is Imminent

The jump in used-car costs that propped up US inflation last month is widely expected to swing into reverse in June, finally delivering a slowdown in one of the most-watched price gauges.  Core

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2023 incentives will depend on car brand

U.S. vehicle buyers in May paid on average less than sticker price — a constant trend since January. The average price new-car buyers in May paid was less than $410 below sticker. That’s

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Northeast Mississippi car dealership has major impact on the economy

Barnes Crossing Hyundai has top to bottom remodel of its showroom, service department and offices TUPELO, Miss. (WCBI) – While some car dealerships nationwide are reporting a decline in sales, a Northeast Mississippi

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Gov. DeSantis signs car dealership protection bill banning most direct-to-consumer auto sales

It’s a good day for auto dealers in the Sunshine State, and not so great for motorists who’d prefer a more direct route for buying a new coupe, sedan or SUV. Gov. Ron

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AutoNation buys 5 car dealerships in California

Baker said he bought out his father, the late Bob Baker, over 10 years, aside from a few stores his father had sold separately. Bob Baker, who died in 2021 just shy of

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Bull Market or Bust? The Global Used Vehicle Market Dash to $2.5 Trillion by 2027 – Will it Maintain Momentum Amidst Market Volatility? Ken Research

Ken Research The report covers Used Vehicle Market, Used Vehicle Industry, Used Vehicle Sector, Used Automobiles Industry, Used Two-Wheeler Industry, Number of Online Global Used Vehicle Platform, Number of Global Financed Used Vehicle,

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How Dealers Scam The System With Illegal Fake License Plates

New York, New Jersey and other big cities in the U.S. are currently dealing with a new crime phenomena: Ghost cars, which are not registered with the state’s DMV or have their license

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Lithia adds Priority Auto Group car dealerships

If Lithia acquired all Priority Auto stores, it would mark this year’s biggest deal in terms of the number of dealerships added, as tracked by Automotive News. Priority Auto lists 17 franchised dealerships

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