CHARLOTTE — Some car buyers are scrambling for answers after another used car dealership closed suddenly. Dishane Tuttle says his Chrysler 300 looks nice on the outside, but it needs a catalytic converter.
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Stanislas Bailly, CEO of SNECI Group: Indeed, such a spectrum scourge of challenges that our industry must face has not existed for a long time, if at all. The COVID-19 pandemic was the
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Anyone hoping that the used vehicle market will become more predictable or even right-size itself in 2023 will likely be disappointed. Unique market conditions and a slew of new challenges are reshaping the
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Stellantis Chairman John Elkann credits former Fiat boss Sergio Marchionne with salvaging Italy’s auto industry and rejects years of criticism over the manufacturer progressively paring back its presence in the country. “Sergio was
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DOVER, Del. (AP) — Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In
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For 2023, Bosch expects 6 percent to 9 percent revenue growth from 88.2 billion euros in 2022 and an EBIT (earnings before interest and taxes) margin of 5 percent, up from 4.3 percent
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Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from
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Lucid Motors is expected to face difficult questions about its future when the electric vehicle startup posts first-quarter earnings after the market close Monday. The industry newcomer delivered just 1,406 vehicles in the
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There was a small dealer in Cumberland County South Jersey that specialized in air cooled VWs, and on occasion the odd rear engined Renault or Fiat. One day (shortly before Christmas IIRC) I
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Kent Blakely from Orange County calls himself a day trader. His currency: used cars. He buys cars from people online from sites like Craigslist and then sells them at auction as fast as
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