Category: Global

USA: New car sales increase as prices normalise

Although people are paying less than the sticker price for their new cars, they are also getting less for their old cars. According to media reports, new car buyers in the USA are

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Goebel's Used Cars on SR 200 in Ocala is now Leonard Motor Co. – Ocala

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People Aren’t Leasing Cars, and It’s Killing the Used Market

Photo: Spencer Platt (Getty Images) More and more car shoppers in the U.S. seem to be foregoing leasing their next vehicle in favor of buying or financing them outright, according to a new

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Lithia Motors in talks to buy Jardine Motors in U.K., report says

In August, Sky News reported that Lithia presented “a board-approved nonbinding offer” for Pendragon, but noted the proposal was contingent on receiving “irrevocable commitments” from each of the company’s five major shareholders. However,

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Can dealerships charge over MSRP?

HOUSTON – For a lot of people, shopping for a new car has always been intimidating and frustrating and even more so in today’s market with higher prices. As consumers, we’ve been trained

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The Intersection 1-22-23 | Automotive News

Nobody ever said this business was going to be a cakewalk The convention of franchised auto dealers, officially called the NADA Show, later this week in Dallas gives us a good opportunity to

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People aren’t leasing cars anymore — and it means higher prices and worse choices for used car-buyers

Vehicle leases made up 31% of the auto market in January 2020, and just 17% in July 2022. Kekyalyaynen / Shutterstock.com Vehicle leasing was down almost 50% last July, compared to January 2020.

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DMS provider Tekion senses an opportunity

From his perspective at Oracle, VMware, Tesla and elsewhere, Vijayan saw the auto industry as one of the fastest evolving — with electric cars, autonomous vehicles, subscription services and ride-hailing initiatives among other

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What you need to know about flood-damaged vehicles

In the past two weeks, numerous cars have been impacted by flooding along streets and highways on the Central Coast, and experts say some of those vehicles may end up at your local

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California ZEV Sales Near 19% of All New Car Sales in 2022

Published: Jan 20, 2023 SACRAMENTO – California announced the latest data showing the state’s accelerating transition to zero-emission vehicles (ZEVs) and ZEV market dominance – 18.8% of all new cars sold last year in California were ZEVs and 40%

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