Day: June 23, 2023

CarMax says vehicle affordability remains a challenge, cost cuts help profit

(Reuters) -CarMax Inc said on Friday that vehicle affordability remains a challenge due to high interest rates and low consumer confidence, but cost cuts helped the used-car retailer post a quarterly profit beat.

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Where auto insurance costs most and least. See where your state ranks.

Car prices surged during the pandemic, but have you noticed car insurance has, too?  Sixty-three percent of Americans said they were most concerned with their ability to pay for their car insurance, according to

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When you should renew your car insurance to save you £100s

Insurance premiums have risen hugely over the last year, with renewals now costing drivers £436 on average at the start of 2023. New drivers police prices have also risen to an average price

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Lexus left red-faced after showing car travelling at 290km/h on Melbourne’s Citylink

An image on social depicting a Lexus travelling at 290km/h on a public road has been removed by the car company – and that’s not the only faux-pas. View 3 images Toyota’s luxury division

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Ford secures huge government loan to build battery factories, chase down Tesla

The US government will lend Ford and joint venture parter battery maker SK On $US9.2 billion to help finance the construction of three new battery manufacturing plants, helping it to close the gap

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Buying a used car? Here are the questions to ask – Drive

15:0023 June 2023 View 2 images When buying a used car, you have three main purchase avenues: a dealership, an auction house, or a private seller either in person or online. But wherever you

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This used Tesla Model S is the cheapest way into the electric car market

The BYD Dolphin is Australia’s cheapest new electric car, with a sticker price of $38,890 before on-road costs. But it’s not the cheapest way into an electric car… That honour could well belong

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Standard Car Dimensions Australia – What is the Average Dimensions of a Vehicle?

What are the average dimensions of a car in Australia? The average dimensions of a car are 4.9 metres long, 1.94 metres wide and 1.8 metres high. That figure comes from averaging the

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Victoria’s electric-car road-user charges to increase from 1 July 2023

The same day the price of electricity is expected to jump by as much as 25 per cent, Victorian owners of electric and plug-in hybrid vehicles will be charged more money for each

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Lithium producers warn global supplies may not meet electric vehicle demand

LAS VEGAS, June 22 (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet

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