Category: Global

Marcello Gandini, ‘probably the greatest car designer ever’, dies age 85

Marcello Gandini, arguably one of the greatest automotive designers of all time, passed away last week. Even if you don’t know his name, it’s almost certain you know his cars. Born August 26,

Read More

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.

Read More

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,

Read More

Everyone Is Underwater On Their Car Loans As Values Plummet

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,

Read More

Plug-In Car Sales In Germany Weakened Again In February 2024

Tesla shines in the EV segment as the Model Y strengthens its position as the best-selling all-electric model. Mar 15, 2024 at 11:30am ET In February, new passenger car registrations in Germany amounted

Read More

Used car, repair shops across San Antonio say price drops are making used vehicles more affordable – KSAT San Antonio

SAN ANTONIO – Marc McGurren with Spotless Auto said the used car shop likes to keep its lot fully stocked. “That is correct,” McGurren said. “There’s this tightrope you have to walk as

Read More

AAAE: Auto tech students to demonstrate skills

THE Australian Automotive Aftermarket Expo is set to play host to an exciting new competition dedicated to upcoming talent in the automotive arena.   Dubbed the Flying Spanners competition, it aims to encourage

Read More

2024 J.D. Power Customer Service Index Study: Dealer Satisfaction Improved

Buying a new car is like planning a wedding: stressful and expensive — and distracting from the day-to-day changes that are about to become your new normal. Data analytics firm J.D. Power tries

Read More

2024 Mini Aceman: Chinese-built electric SUV detailed

More details of the Mini Aceman electric hatchback have surfaced, courtesy of government documents filed in China where it will be built. As reported by Car News China, the Mini Aceman will be

Read More

Edmunds: ‘Storm is brewing’ fueled by negative equity | Auto Remarketing Auto Fin Journal

Cherokee Media Group asked Jessica Caldwell of Edmunds about negative equity during a conversation at NADA Show 2024 in February. Caldwell immediately replied, “Right now, that is a yikes.” The latest Edmunds Used

Read More