Category: Global

Used vehicle prices may have bottomed for 2023

Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains elevated from historical

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Chinese car sales hit record for August; Tesla deliveries up (NASDAQ:TSLA)

yangphoto China delivered 2.24 million cars in August, a record for a usually slow period of time. EVs and plug-in hybrids totaled 716,000, up 35% from a year earlier. The association said that

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Kia, Infiniti, VW, Ford, Hyundai, Mazda car dealerships sell

Colonial Auto Group in Danbury, Conn., on June 1 added three dealerships in Plainfield, Conn., buying Central Hyundai, Central Volkswagen and Central Mazda from David Cartwright of Central Auto Group. Cartwright also owned

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If you want a good, used compact car for under $20,000, look for one of these models

Compact sedans and hatchbacks don’t get the love they used to these days, with seemingly everyone hung up on SUVs. However, those in the know understand that sedans and hatches can be just

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Cleveland BBB issues warning about fake N.E. Ohio car dealership

CLEVELAND — The Cleveland Better Business Bureau is warning consumers who are looking to buy a vehicle online that they need to do their homework before sending out any money. Cleveland BBB President

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Florida Car Dealership Owner Pays $76 Million for Aspen’s Most Expensive Home

A ski-in, ski-out mansion in Aspen, Colo., has sold for $76 million, according to the seller, real-estate developer Leathem Stearn. The deal is a record for the tony Colorado ski destination, besting a

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German sales rise 37% in August on EV demand

FRANKFURT — German new-car sales rose 37 percent in August to 273,417, boosted by demand for EVs, which jumped 171 percent. Electric vehicle registrations were helped by the impending end of incentives for

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Domestic Vehicles Among The Slowest-Selling In America, Whether They’re New Or Used

The Jeep Cherokee and the Tesla Model S were the slowest-selling new and used vehicles in the U.S., respectively, in July. And they weren’t the only American vehicles languishing on dealer lots {{comments}}

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Arrival of BYD, SAIC and Chery Boost Mexico’s Car Sales, AMDA Says

Mexico’s car sales are booming thanks to the end of pandemic shortages and the arrival of Chinese models from automakers like BYD, SAIC and Chery, according to Guillermo Rosales, chief of the Mexican

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Record Breaking New Vehicle Sales in August

New vehicle sales achieved the highest August result on record as Australian customers took delivery of 109,966 new vehicles, a 15.4 per cent increase on the same period in 2022. FCAI Chief Executive

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