Day: September 8, 2023

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  • September 8, 2023

Used vehicle prices may have bottomed for 2023

Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains elevated from historical

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Chinese car sales hit record for August; Tesla deliveries up (NASDAQ:TSLA)

yangphoto China delivered 2.24 million cars in August, a record for a usually slow period of time. EVs and plug-in hybrids totaled 716,000, up 35% from a year earlier. The association said that

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Who says electric cars are boring? 2024 Lotus Eletre price and specs reveal Australia’s new most powerful car! – Car News

Lotus has priced its newest model, the Eletre electric SUV that is designed to blow away petrol-powered super crossovers like the Aston Martin DBX, Lamborghini Urus and Porsche Macan Turbo. Kicking off at

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Why used car prices have nosedived

A mammoth market change has triggered the price of a used car in Australia to fall by 12 per cent over the past year as motorists tighten their budgets. There are only a

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Used car dealership group Off Lease Only files for bankruptcy – NBC 6 South Florida

A major player in the used car industry abruptly shut its doors after filing for bankruptcy Thursday. Former Off Lease Only employees said they were let go Wednesday with little warning. Off Lease

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Tesla bringing long-awaited safety feature to Model 3 electric car

The refreshed Tesla Model 3 gained a wide range of updates and tweaks – including a common safety assist feature that has been on many cars in recent years. The Model 3 owner’s

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Toyota Century, the new high end hybrid SUV, has a $170,000 price tag

Toyota Motor Corp unveiled its latest addition to the premium car market Wednesday with the Century SUV, a vehicle that aims to meet the demands of wealthy customers. The new model is marketed

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Used-car dealership group Off Lease Only files for bankruptcy

Off Lease Only, a used vehicle-only dealership group with operations in Florida and Texas, filed Thursday for Chapter 11 bankruptcy protection. In a news release, the company said “significant challenges and competitive pressures

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VFACTS: Tesla could nudge 50,000 deliveries in Australia this year

Tesla is on target to near the 50,000 annual deliveries mark by the end of this year, according to industry sales data so far in 2023. View 4 images US electric car-maker Tesla could

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The luxury cars playing crucial roles in gangland killing sprees

Luxury car companies have been unwittingly caught up in three murders and a firebombing in the past 14 months, as gangsters who use them come under attack in the underworld war. Exclusive: Watch

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