Category: Global

Federal agency sues shut down Ga. car dealership for illegally repossessing cars – WSB-TV Channel 2

GWINNETT COUNTY, Ga. — The Consumer Financial Protection Bureau has filed a lawsuit against the in-house finance company for Georgia-based US Auto Sales alleging they broke federal law. In its lawsuit, CFPB alleges

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Study suggests days of the $20,000 used car may be over

MINNEAPOLIS — After a severe shortage during the pandemic the inventory of used cars is slowly growing, but even if you’re able to find a good deal, buying used is now more expensive

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Italy seeks plan with automakers such as Stellantis by year’s end

MILAN — The Italian government aims to agree a broad plan to 2030 for the country’s automotive industry with Stellantis and other groups involved by the end of this year, industry ministry sources

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Used car prices drop again

Wholesale used car prices dropped 1.6 percent from June to July, a slower decrease than the 4.2 percent decline seen the previous month.   Chris Frey, senior manager of economic and industry insights

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Group 1 sells 4 car dealerships in Alabama, Maine and Oklahoma

One week earlier, Group 1 sold Ira Chrysler-Dodge-Jeep-Ram and Volkswagen Saco, both in Saco, Maine, south of Portland, to DSR Motor Group on July 24, Rosenberg confirmed to Automotive News. The stores were

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Toledo lags behind nation in EV adoption

MENU ACCOUNT SECTIONS OTHER CLASSIFIEDS CONTACT US / FAQ Continue reading this news update.

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Best Ways To Sell Your Car (2023 Guide)

Figuring out how to sell a car can be a bit daunting if it’s your first time. In general, the amount of work is inversely related to the price you can get for

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Live talk on the car dealer buy-sell market at noon Wednesday

Join us at noon Wednesday, Aug. 9, for a LinkedIn Live chat with Stephen Dietrich, partner at Holland & Knight, as he talks about the dealership buy-sell market. He will be joined by

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Take that, Russia, Iran and Saudi Arabia!

Ann Arbor (Informed Comment) – The California Energy Commission reports that in the second quarter of this year, 25% of new vehicle registrations in that state were zero emissions electric cars. Moving rapidly

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Volvo Plug-In Car Sales More Than Tripled In July 2023

Almost one in three new Volvo cars is rechargeable. Aug 05, 2023 at 12:14pm ET Volvo Cars USA reports that its car sales in the United States increased in July by 57 percent

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