The news that prices of used electric vehicles are in freefall, with no end in sight, has dragged down revenue through the entire used car segment, says iSeeCars executive analyst Karl Brauer. Plus,
Read MoreNew and used car prices appear to be leveling off, but it may not be enough for some consumers to jump back into the car market. Various data shows that drivers are hanging
Read More
Used car prices are finally coming down, and by the latest measure, they could be dropping hard. According to the latest Consumer Price Index (CPI), used car prices fell about 0.5% in June
Read More
Only one in 100 used cars for sale are electric, and it could take three years before the situation improves significantly, experts warn. Greater government subsidies aimed at fleets and used vehicles could
Read More
Only one in 100 second-hand vehicles for sale is electric and it could take three years for the situation to significantly improve, experts warn. Greater government subsidies targeting fleets and second-hand vehicles may
Read More
Scott Kanowsky | Investing.com Published Jul 22, 2023 00:48 Investing.com — AutoNation (NYSE:AN), one of the largest car dealership chains in the U.S., has reported better-than-expected adjusted income per share and revenue for the second
Read MoreActors Dax Shepard and Kristen Bell are tapping into their Motor City roots to sell used cars. The couple, who are both from Michigan, will star in a new ad campaign for online
Read More
Shares of Carvana were on fire, up again today after the online seller of used cars turned in higher earnings than expected. The stock started the year at less than $5 and now
Read More
Residents may be driving cars that haven’t been certified as safe, a city report said. Three Honolulu motor vehicle employees were caught last year fraudulently modifying safety check records – a scheme that
Read More
Chief Cabinet Secretary Hirokazu Matsuno holds a press conference in Tokyo on July 18, 2023. (Kyodo) Japan is set to ban the export of used cars to Russia as part of additional economic
Read More