If you’re in the market for a car now may be a good time to buy as dealerships across the nation are seeing a dip in prices of used cars. LUZERNE COUNTY, Pa.
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(Corrects headline and paragraph 1 to say company is terminating more workers, not laying off) Jan 13 (Reuters) – Carvana Co is terminating more workers and take other measures such as reduced work
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Federal policy must prioritize auto workers’ job quality and fair compensation for a successful transition to electrification, panelists said at the Federal Reserve Bank of Chicago’s 29th annual automotive insights symposium Thursday. “The
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In December, new passenger car registrations in Germany increased by 38 percent year-over-year to 314,318, which is the highest monthly result in 42 months (July 2019). This interesting outcome allowed Germany to achieve
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ljubaphoto/E+ via Getty Images Used auto prices continue to deflate from their early 2022 peak, per the latest CPI report. According to the CPI report released on Thursday, used car and truck prices
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BERLIN — Mercedes-Benz is set to drop the EQ badge it uses for electric cars, a German business paper said. The decision is based on CEO Ola Kallenius’ focus on electric-only cars, making
Read MoreUsed-car megastore Carvana said Wednesday it is back to “business as usual” in Michigan after reaching a settlement with the state as part of an ongoing dispute over the state’s claim that Carvana
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Right before the global financial crisis, former Citigroup Inc. Chief Executive Officer Chuck Prince famously said that as long as the music is playing, you’ve got to get up and dance. During the
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Several top executives at Rivian Automotive, including the vice president overseeing body engineering and its supply-chain chief, have departed in recent months, The Wall Street Journal reported Tuesday. The departures, confirmed by a Rivian spokeswoman,
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The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month
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