Day: January 29, 2023

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  • January 29, 2023

Tesla trial: did Musk’s tweet affect the firm’s stock price? Experts weigh in | Twitter

After Elon Musk tapped the tweet button at 12.48 pm on 7 August 2018, a bunch of Tesla investors were about to be taken on a wild ride. “Am considering taking Tesla private

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Used-car sales expected to drop again in 2023

For Groves, it seems that a metaphorical switch was flipped at the end of 2022, particularly in October and November. “When you watch new-car lots — mine, anybody else’s — start to pick

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3 auto industry trends to watch this year

Every automaker selling EVs has a common problem: providing enough charging infrastructure for EVs to scale beyond affluent, single-family homes. Dealerships might be part of the solution. EVs represent less than 1 percent

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The Top 10 Highest-Rated Luxury Cars For 2023

The luxury segment has been super competitive for the past few years, with most automakers producing luxurious SUVs and sedans. Despite all this, some manufacturers failed to realize that creating a luxury car

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Auto dealership shut down in Dauphin County after owners charged with defrauding customers

A used car dealership has been shut down and its owners charged with fraud for making more than $70,000 from fraudulent sales, according to state police. Ilham Driouich, 23, of Enola, and Anas

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‘Elon Musk has made me embarrassed to drive my Tesla now’

After taking over, Mr Musk moved quickly to remove the ban on former US President Donald Trump, also issuing a tweet that read: “My pronouns are Prosecute/Fauci” – referring to Dr Anthony Fauci,

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Kia’s plan for dual-cab dominance! What the 800Nm mega-ute will offer that the Ford Ranger, Toyota HiLux, Isuzu D-Max and Mitsubishi Triton can’t match… yet – Car News

Kia’s ute is almost ready to break cover, and details of just how the all-new Korean dual-cab will take the fight to the Toyota HiLux (and models like the Ford Ranger Isuzu D-Max,

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Car dealers facing a very different year ahead

And worries about the economy and the possibility of recession are growing. Dealers in particular fret that persistently high vehicle prices and spiking interest rates are putting a dent in consumer demand. The

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Ford drops EV sales cap for its dealers

The brand has said “certified” dealers must invest about $500,000 toward the program, while the higher tier, called “certified elite,” requires up to $1.2 million. Much of that goes toward charging equipment. Dealers

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Auckland floods: Luxury cars to be assessed for damage after North Shore dealership flooded

Cheree Kinnear on the widespread chaos across Auckland this morning and frustrated travellers at Auckland Airport. Video / Jed Bradley Staff at a luxury European car dealership on the North Shore scrambled to

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