Tag: New Cars

New-car sales expected to be up again in July, despite higher interest rates

Published: July 26, 2023 at 1:48 p.m. ET Analysts at Cox Automotive on Wednesday called for a 15.3% jump in new-car sales in July, saying it is shaping up to be another solid

Read More

Which cars still quality for the $7,500 tax credit?

Electric cars may be getting cheaper, but they’re still not cheap. As such, many potential customers hope to factor in the up-to-$7,500 federal electric vehicle tax credit as a way to soften the

Read More

Slow start for used electric cars

Only one in 100 used cars for sale are electric, and it could take three years before the situation improves significantly, experts warn. Greater government subsidies aimed at fleets and used vehicles could

Read More

AutoNation (AN), Carvana (CVNA) See Car Prices Falling as Margin Pressure Grows

AutoNation Inc.’s top executive warned that softening car prices will likely fall further as inventory grows, a welcome sign for inflation-weary buyers but worrisome for dealers facing new pressure on profit margins. AutoNation,

Read More

Bronze broil: Hyundai and Kia tussle for third place in Australia’s new car market as Mistubisi loses foothold – Car News

It’s possibly the friendliest rivalry in the Australian new car market – a far cry from the Holden and Ford battles of old – but it’s one we’re seemingly gripped by nonetheless: Hyundai

Read More

Honda Australia pledges sales turnaround after hitting 40-year low

Honda Australia new-car sales hit their lowest in 40 years in 2022. Now the company says two new SUVs will reverse its fortunes. View 5 images Honda Australia has again pledged it will end

Read More

The most exciting electric cars due soon

Car makers new and old are investing heavily in electric cars and some fast and furious versions are heading out way very soon. Hyundai’s new high-performance electric car, the Ioniq 5 N, is

Read More

Australia’s love of big cars is undoing the benefits of the shift to EVs

Australians are driving bigger, heavier, dirtier cars and it’s alarming both climate and road safety experts. A decade ago, sedans and hatchbacks were the most popular cars in Australia. Today, Sports Utility Vehicles

Read More

The 10 commandments of electric vehicle charging, and EV etiquette

With electric vehicles looking to grab a double digit share of new car sales in Australia within months, and with thousands of new EV drivers on the roads, it seems a good time

Read More

Brisbane Auto Mall: $1 billion new car dealer project axed

Plans for a massive new car dealer precinct near Brisbane have been shelved. Announced in 2015, the Auto Mall dealer precinct was set to feature a 2.4km test track designed by V8 Supercars

Read More