Day: July 26, 2023

VW takes 5% stake in China EV maker Xpeng

Volkswagen Group plans to invest $700 million in Xpeng and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market. VW Group

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Digital Lending Market Size 2023 Industry Growth Analysis, CAR Status, Major Key Players, Business Development, Share, Upcoming Trends And Forecast To 2030

PRESS RELEASE Published July 26, 2023   The latest research report by Coherent Market Insights is titled “Global Digital Lending Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2023-2030.” This comprehensive report

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Car insurance: 6 tips for finding the best deal

In recent months, car insurance prices have surged, and they’re expected to keep climbing. In its State of Auto Insurance in 2023 report, ValuePenguin projected that car insurance rates would go up by

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6 ways to save on car insurance

An illustrated image of a red car sheltered by a red umbrella and a check list beside it PaperFox / Getty Images In recent months, car insurance prices have surged, and they’re expected

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AutoNation Down But Far From Out

  AutoNation is using several tools, including its newly acquired captive finance company and a gradually expanding used-car networkto try and recapture “lapsed” customers – those who disappear after their new-car warranty expires

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Looking to buy a used EV? Here’s why they’re so expensive — and when they’ll be more affordable

Early last year, as demand for electric vehicles (EVs) shot up and supply to Australia remained tight, second-hand Teslas were selling for head-turning prices. In some cases, used models were selling for more than

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The perks of owning a luxury car in 2023

If the opportunity to own a luxury car was once a dream but now has become a pending reality, some great advantages are waiting. If you’re ready, here are some perks to consider:

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Honda’s little electric car to die because people want SUVs

The retro Honda E electric hatchback won’t be replaced as the Japanese brand instead focuses on electric SUVs. That’s the word from Rebecca Adamson, Head of Automobile at Honda Cars UK, who told

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Vehicle reversing cameras to be mandatory from 2025

Rear-view cameras and motion sensors to be fitted to all new vehicles in Australia from mid-decade Reversing cameras and rear motion sensors will become mandatory on all new-generation motor vehicles entering the Australian

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Perth automotive business, SAI Auto Care, fined for exploiting sponsored migrant worker

A Perth automotive business has been fined thousands of dollars for exploiting a sponsored migrant worker. The Australian Border Force said it had fined the company Excellent Accounts Pty Ltd, which trades under

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