Category: Global

Buying a new or used car is still shockingly expensive

Prices of new and used vehicles have risen stratospherically over the last several years, putting many drivers who would normally be shopping for new or lightly used wheels in a bind. December saw

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These are the internet’s most-searched car brands in the country

It’s no secret that different types of cars appeal to people in different parts of the country. Electric vehicles are far more popular on the West Coast in states like California than they

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Six BMW ‘Neue Klasse’ EVs to launch before 2030

BMW is gearing up for a new model onslaught starting in 2025, when it rolls out the first of its next-generation cars based on its Neue Klasse platform as part of a rapid-fire

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Tesla Profit From Car Sales Falls as Price Cuts Hurt – The New York Times

A tax benefit boosted quarterly earnings, but that masked a decline in earnings from carmaking caused by intensifying competition. Tesla’s profit from sales of electric cars slumped in the last three months of

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Toyota Knows What It Has; Will Certify 125,000-Mile Pre-Owned Cars

Photo: Carsfera / Wikimedia Commons Toyota has expanded its certified pre-owned program requirements to include vehicles that are up to 10 model years old and have up to 125,000 miles. The newly-introduced Silver

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Another Online Used-Car Dealer Bites the Dust: Vroom, 3.5 Years after Red-Hot IPO, Shuts Down as Ally Suspends Credit Line

The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange. By Wolf Richter for WOLF STREET. In an SEC filing and an announcement on its website Monday

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Cox Automotive Brings World-Class Connections Alive at the NADA Show 2024

ATLANTA, Jan. 23, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, will occupy the largest exhibition space at NADA Show 2024, which is being held February 1-4 at the

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Bora Argac expands commercial role at Hellmann Worldwide Logistics | News

Argac joined the company in November last year and has been head of sales for Germany since the beginning of January this year. He moves to the new role at Hellmann with 25

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Chinese car dealer Guangdong Yongao’s collapse signals another bruising year for stagnating market

A Chinese car dealership that operated as many as 80 stores across the southern province of Guangdong went bankrupt last week, in a sign the intense competition that has roiled the world’s biggest

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Authorities warn of used car scam sweeping California

A scam that began in Southern California toward the end of 2023 seems to have made its way to the northern part of the state, according to a Northern California sheriff’s office. The

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