According to a study by Standvirtual and reported by NM, the average price of used cars has been increasing progressively since December 2020, when they were around 18,500 euros. However, in December 2022,
Read More
Volvo has announced that it will close its UK wholesale channel in June and move to a 100 per cent direct market business model similar to that of Tesla. In a press release
Read More
Today, car buyers could be paying more for an older used vehicle with more mileage. Toyota Used car pricing is improving, but still astronomically higher than it was pre-pandemic. About 60% of used
Read More
Teenagers are among the riskiest drivers because of a combination of immaturity, inexperience, and social pressures. Consequently, they have crash rates that are almost four times those of drivers 20 and older. Choosing
Read More
Hidden on a back street of the Farmers Branch warehouse district near Midway Road is the world’s most unusual used car dealership. There’s no sign on the building. The bay doors are artistically
Read More
As Volkswagen Group increases its focus on battery-electric cars, the automaker has given its Skoda brand responsibility for the future development of the group’s EA 211 series internal combustion engines. The engines will
Read More
In Monday’s Automotive News: Tekion’s big win: Tekion was ready to test its state-of-the-art dealership management system a few years ago, so it took the unusual step of buying two dealerships as a
Read More
Cotonou, Benin CNN — Standing on the stony ground in the bustling Fifa Park car lot, Rokeeb Yaya is haggling over the price of a dark red car. It is one of a
Read More
CarShop, of Chester Springs, Pa., sold 71,242 used vehicles in 2022, up 12 percent from the previous year. EchoPark, of Charlotte, N.C., sold 64,107 used vehicles in 2022, down 18 percent. Penske’s CarShop
Read MoreIt is often said that the ability to buy a supercar doesn’t mean you have the ability to drive it. Now, an Australian man has proven that the same is especially true for
Read More