Category: Global

Tesla shares suffer worst year ever, 2023 looks bad, too

Yet when it comes to valuation, Tesla is still the fourth-most expensive stock on the NYSE FANG+ Index, trading at a forward multiple of 33 times estimated 2022 earnings. Worth $440B The company

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Remembering those we lost in 2022 – Automotive News

Frank Hasenfratz, 86, a Hungarian refugee to Canada who later created the auto parts powerhouse Linamar Corp., died Jan. 8. He went into business after his boss at a previous job wouldn’t consider

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Car dealership falsified customers’ income: New Hampshire AG

Dan O’Brien Kia in Concord, New Hampshire, will pay $1.25… Continue reading this news update.

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Dan O’Brien Kia Concord Agrees Deceptive Practices Settlement – NBC Boston

After allegations of unfair and deceptive practices, a New Hampshire car dealership has agreed to pay a $1.25 million settlement, offer restitution to two people who were deceived and submit to years of

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Cavender Auto Family adds Subaru, Chevy and Buick-GMC dealerships

Growing Cavender Auto Family expanded its presence in Oklahoma, which it entered this year, with its latest acquisition. Cavender Auto Family, of San Antonio, on Dec. 12 bought Hudiburg Chevrolet and Hudiburg Buick-GMC,

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Car prices could drop 20% next year. Here’s where to expect the best deals first.

Industry experts have tips on how car-buyers can get the best deal in 2023.AP Photo/David Zalubowski After years of high prices and low inventory, car buyers might finally see things go their way.

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Here are the 10 best used cars for the money

When it comes to car buying, there may be fewer deals out there, but there is still plenty of value to be had.  To that end, cost-conscious car shoppers are increasingly seeking out

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Why car dealers may face a bumpy road ahead

Do you still go to a dealership to buy a car, or do you purchase online and get it delivered to your home? Why do so many of us think we can successfully

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Odometer Tampering on Used Cars Is Rolling Higher These Days

There are 1.9 million vehicles on the road today with incorrect numbers on their odometers, according to Carfax. That is up 7 percent from a year ago. While California has the most of

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Tesla EVs on U.S. roads climb by 33% through September

Tesla vehicles in service increased 33 percent in the U.S. in the first nine months of 2022. While the fast-growing electric-vehicle specialist is dominating luxury sales this year, it doesn’t yet rank in

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