Category: Global

Chinese automakers lead bids for Ford’s German Saarlouis plant

Ford is nearing an agreement to sell a plant in Germany, with two groups of Chinese automakers among the three leading bidders at a time when Chinese investments in Europe are under growing

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Group 1 Automotive buys Kia car dealership, sells Ford store

“That franchise has had a really good run of product, of profitability,” Kerrigan told Automotive News. “The largest dealership groups and the publics like Group 1 are looking to grow their relationship with

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BYD Set Massive Plug-In Car Sales Record In May 2023: 240,000

The company more than doubled the volume year-over-year. Jun 06, 2023 at 10:59am ET BYD does not slow down but rather accelerates its global plug-in car sales in May, more than doubling the

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Used car prices drop for the first time since pandemic

Some used cars are now thousands of dollars cheaper than this time last year. (Source: Getty) Used car prices have eased for the first time since February 2020, but buyers shouldn’t expect massive

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With used car market still very hot, tips for auto shoppers

MINNEAPOLIS — Whether you’re shopping new or used, the car market is hot. “Honestly, I’ve been trying to look everywhere I can,” Michaela Spielberger said. Spielberger has spent the last year looking for

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Visualising the growth of the electric car industry | Infographic News

Every three in 20 cars sold worldwide in 2022 were electric, with more than half of them sold in China alone. Electric vehicle (EV) sales have tripled over the past three years, from

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Volvo Car Sales Rose 31% on Year in May

Published: June 5, 2023 at 3:35 a.m. ET By Dominic Chopping STOCKHOLM–Volvo Car said Monday that car sales rose 31% on year in May, after figures in the same month last year were

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How Ford, GM auto dealers are thinking about Detroit’s EV future

Auto dealers are essential to the adoption of EVs for companies including Ford and GM, which have thousands of local franchise owners instead of offering direct sales like Tesla. Dealers are the face

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Multiple departments fight fire at Western Reserve Auto Sales in Beloit, Ohio

NORTH GEORGETOWN, Ohio (WKBN) – Firefighters were busy for several hours battling a fire at a local dealership near the Mahoning and Columbiana County line. In just a few short hours, the Western Reserve Auto Sales dealership here

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Why are electric car names so bad?

The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying power. Many vehicles have names that have been around for 20-plus years — even when

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