On Nov. 14, LSU professor David Kirshner purchased a 2006 Lexus GS 300 with only about 54,000 miles on it for $9,750. He thought it was a great deal. Two days later, the
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“In 2023, it will be more about the inflationary components that are not raw material related, so more about labor, logistics and energy,” the CFO said. The company is already in talks with
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COLUMBIA − The pandemic saw the largest increase in used car prices on record, with prices going up 45% from June 2020 to June 2021. As of Thursday, that price trend is taking a
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The factory flow of new vehicles appears to be picking back up at last, promising dealers an improved inventory for 2023 and beyond. But used cars and trucks might be a different story.
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How have Chevrolet’s incentives changed during this time of decreased production and inventory? How will incentives evolve as production and inventory numbers improve? As more inventory builds up, that’s going to normalize and
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Tesla (TSLA) used car prices have crashed $18,000 since their peak six months ago, bringing a new level of affordability to the electric car brand. Most car buyers can’t afford a new car
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Cochran said he had a long-standing relationship with the Sweeney family including Blackann and her father, Doug Sweeney. “There was a contact and kind of a, ‘What are you guys thinking about?’ After
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jetcityimage/iStock Editorial via Getty Images Carvana (NYSE:CVNA) announced on Tuesday that it will continue to sell and buy autos in the state of Illinois. According to a company statement, online sales and its
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Joe Caso, longtime owner of Frontier Toyota in Valencia, Calif., sold his dealership to first-time owner Aman Abraham late last year. Abraham’s newly formed Addis Automotive Group in Los Angeles purchased the store
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TOKYO — Honda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organizational structure. The shake-up is part of
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