Tag: New Cars

This is the first car powered by the motion of the sea: electric and hydrogen cars are at risk

The sea-powered car is an invention that was theorized decades ago and could leave electricity or hydrogen far behind. Imagine using an inexhaustible and renewable resource to decarbonize our mobility. That is precisely

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Statistics Canada reports retail sales down in January as new car sales fell

A retreat in new car purchases helped push the country’s retail sales down 0.3 per cent to $67 billion in January, Statistics Canada said Friday. The national data agency revealed overall retail sales

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Toyota’s eye-catching new hybrid SUV – news.com.au

A three-way battle decides the fate of new cars. Designers fight for their artistic vision by making a compelling case to accountants – who must balance the books – and engineers who look

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US President Joe Biden’s administration eases new vehicle emissions standards, Australia could follow

The standards will avoid more than 7 billion tonnes of planet-warming carbon emissions over the next three decades and provide nearly $US100 billion ($153 billion) in annual net benefits, the EPA said. The

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What happens to insurance when I sell my car?

•20 Mar 2024 So the time has come for you to say goodbye to old faithful and get yourself a new set of wheels, but what about your car insurance? The good news

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Car deals are easier to find but lenders are tightening their terms

New cars are more available this spring, and manufacturers have even begun offering deals to entice buyers. But at the same time, lenders have been tightening the terms of car loans as they

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A Negative Equity Nightmare Is Rocking The Used Car Market

Buyers who paid over MSRP during the pandemic are most at risk as falling demand for new cars pushes used prices down ... Continue reading this news update.

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Car values plummet, putting car loans underwater

Every year, the price of a new car ticks ever upwards. Loans get longer, yet monthly payments are always on the rise, leading to an epidemic of folks underwater on their loans. Now,

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Warranties prove new cars are not lower quality

Despite the best efforts of the Reserve Bank of Australia, 2023 was a record year for new car sales. Cash-strapped Aussies clearly doing it tough flocked to car dealerships like never before, beating

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New car prices to increase under fuel efficiency standards: Toyota

Australia’s biggest car-maker has given its starkest warning yet that prices of some new cars are set to increase under NVES Toyota Australia has given its starkest warning yet that the Toyota HiLux,

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