Tag: car business
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...
Treasury reports U.S. auto dealers get $580M in advance EV tax...
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...
Inflation may affect interest rate cuts due to high auto insurance...
A government report released on April 10 revealed that consumer inflation remained high last month due to increased expenses such as gas prices, rent,...
Tesla to lay off thousands of employees worldwide after Q1 sales...
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...
Tesla plans layoffs, car prices dip, new EV credit system sees...
Inside Automotive
Depreciation study shows EVs lose value fastest – Karl Brauer | iSeecars
A study by iSeecars.com sheds insight on cars that lose the most...
Depreciation study shows EVs lose value fastest – Karl Brauer |...
A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value....
Ford confirms Lightning pickup price cuts ahead of release
Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability.
On April...
Lawmaker escalates attack on China-made electric vehicles, calls for ban
Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such...
Toyota unveils all-new 2025 4Runner with turbocharged engine options and advanced...
The Japanese automaker Toyota has officially revealed the new and improved 2025 Toyota 4Runner, which marks the launch of an entirely new sixth generation...
iSeeCars reveals new car sales are slowing down while used car...
New car dealerships are experiencing a change in supply and turnover. According to a study by iSeeCars, the average new car takes 54 days...