Does America have a used EV problem – or opportunity?
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring inventory, and tax season mean that...
TSLA346.92010.05%
GM84.9651.255%
F14.1250.195%
RIVN15.3210.5409%
CYD43.557-2.0728%
HMC31.755-0.2%
TM188.6400.39%
CVNA70.7755.775%
PAG217.7901.58001%
LAD372.34515.795%
AN203.1456.245%
GPI264.36014.35%
ABG213.6109.67%
SAH79.3952.085%
TSLA346.92010.05%
GM84.9651.255%
F14.1250.195%
RIVN15.3210.5409%
CYD43.557-2.0728%
HMC31.755-0.2%
TM188.6400.39%
CVNA70.7755.775%
PAG217.7901.58001%
LAD372.34515.795%
AN203.1456.245%
GPI264.36014.35%
ABG213.6109.67%
SAH79.3952.085%
TSLA346.92010.05%
GM84.9651.255%
F14.1250.195%
RIVN15.3210.5409%
CYD43.557-2.0728%
HMC31.755-0.2%
TM188.6400.39%
CVNA70.7755.775%
PAG217.7901.58001%
LAD372.34515.795%
AN203.1456.245%
GPI264.36014.35%
ABG213.6109.67%
SAH79.3952.085%
Articles
Fisker expands dealer network after Ocean electric SUV price cuts
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a new dealer in Miami and several...
General Motors to move headquarters next year after almost 3 decades
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue.
The move is scheduled to take place over...
New-car inventory rises and best-value cars for 2024 revealed, Cars.com report
According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average 65 days on the market, more...
Used car sales skyrocket in March as consumers hunt for deals
Used car demand rapidly outpaced other segments in March, resulting in the highest retail sales volume in two years.
According to Cox Automotive, dealers sold a combined 1.66 million used cars...
Streamlining Title Acquisition: The Rise of E-Titling
In the fast-paced world of automotive sales, time equals money. Every minute spent on paperwork and administrative tasks is a minute taken away from serving customers and closing deals. And...
Average new car prices dip in March, but affordability remains distant
New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives.
Kelley Blue Book data indicates the average new car transaction price dipped 1% on a monthly...
Treasury reports U.S. auto dealers get $580M in advance EV tax credit payments
Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax credit payments, according to a Treasury...
Inflation may affect interest rate cuts due to high auto insurance and gas prices
A government report released on April 10 revealed that consumer inflation remained high last month due to increased expenses such as gas prices, rent, and auto insurance premiums. This data...
Tesla to lay off thousands of employees worldwide after Q1 sales disappoint
Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today.
In the document, Tesla CEO Elon Musk wrote, "As we prepare...
Latest Articles
