Category: Global

CarMax Finds the Used Car Tipping Point After Dismal Quarter

Image: Justin Sullivan (Getty Images) CarMax is trying its best to cope with an unwilling used car market, Volvo’s promising it won’t nickel-and-dime anyone over software, and success hasn’t been quite as simple

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Plug-In Car Sales Decreased 8% In November 2022

Passenger car sales in the Netherlands increased in November by 2% year-over-year (to almost 28,000), which turned out to be enough to once again outpace the plug-in car segment. According to EV Volumes’

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Tesla shares suffer worst year ever, 2023 looks bad, too

Yet when it comes to valuation, Tesla is still the fourth-most expensive stock on the NYSE FANG+ Index, trading at a forward multiple of 33 times estimated 2022 earnings. Worth $440B The company

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AutoNation, Ken Garff Automotive among buyers in Q3, Q4 deals

Eide Automotive Group adds Ford, Kia dealerships Eide Automotive Group on Aug. 1 acquired Bill Barth Kia and Bill Barth Ford in Mandan, N.D., from Bill Barth Automotive Group. The dealerships were renamed

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Attleboro used car dealer gets license renewed in close council vote | Local News

ATTLEBORO — A used car dealer has squeaked by on a city council vote to renew his license. The council voted 6-5 on Tuesday to renew the license for 100 Percent Auto Wholesalers

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Remembering those we lost in 2022 – Automotive News

Frank Hasenfratz, 86, a Hungarian refugee to Canada who later created the auto parts powerhouse Linamar Corp., died Jan. 8. He went into business after his boss at a previous job wouldn’t consider

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Car dealership falsified customers’ income: New Hampshire AG

Dan O’Brien Kia in Concord, New Hampshire, will pay $1.25… Continue reading this news update.

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For EVs, Buick dealers face $300,000 investment

“We see Buick’s dealer network as a business advantage, and they will remain a critical part of the retail and relationship chain with customers,” Poppitt said in the statement. “However, Buick — with

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Cavender Auto Family adds Subaru, Chevy and Buick-GMC dealerships

Growing Cavender Auto Family expanded its presence in Oklahoma, which it entered this year, with its latest acquisition. Cavender Auto Family, of San Antonio, on Dec. 12 bought Hudiburg Chevrolet and Hudiburg Buick-GMC,

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Car prices could drop 20% next year. Here’s where to expect the best deals first.

Industry experts have tips on how car-buyers can get the best deal in 2023.AP Photo/David Zalubowski After years of high prices and low inventory, car buyers might finally see things go their way.

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