Category: Global

Fisker Is Adopting a Hybrid Approach to Selling Electric Vehicles

Fisker adopts dealership partnership model in North America and Europe, with the first vehicles slated to reach dealers this spring. The EV maker has relied on online sales and pop-up drive events, while

Read More

Used-Car Wholesale Prices Have Given Up 53% of their Crazy Pandemic Price Spike: Historic Plunge Continued in December

Used-Car Retail Prices have given up only 36% of their price spike so far. By Wolf Richter for WOLF STREET. Used vehicle prices at auctions fell another 0.5% in December from November, seasonally adjusted; and by

Read More

Police Investigate Deadly Shooting Inside SW OKC Dealership

One man is dead after a shooting inside a car dealership in southwest Oklahoma City. Police say a call came in as an assault with a deadly weapon around 5:30 p.m. Monday evening

Read More

Rostraver used car dealership cited with nearly 800 business infractions

A Rostraver used car dealership is facing nearly 800 charges after state police said those running it failed to keep proper business records and post open hours, according to court papers. The charges

Read More

Used car prices high but expected to stabilize in 2024

The slight increase would compare with a 7% decline in 2023 and nearly 15% drop in 2022 from inflated prices during the coronavirus pandemic. At that time, availability of new vehicles fell to

Read More

VinFast unrolls ambitious plan to sell more cars to Americans

VinFast VF 8/Source: VinFast Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. In addition to

Read More

Automotive Service Market size to grow by USD 351.69 billion from 2022 to 2027| The market is fragmented due to the presence of prominent companies like Arnold Clark Automobiles Ltd., Asbury Automotive Group Inc. and Ashland Automotive Inc., and many more

NEW YORK, Jan. 7, 2024 /PRNewswire/ — The Automotive Service Market is estimated to grow by USD 351.69 billion, accelerating at a CAGR of 7.65%. The Automotive Service Market is fragmented owing to the

Read More

2 Stray Dogs Caused $350,000 of Damage to Cars at a Texas Dealership

Angle down icon An icon in the shape of an angle pointing down. Two strays caused thousands in damages at a car dealership. Baona/Getty Images Two strays wreaked havoc on cars at a

Read More

Employee sues, saying he was fired for complaining about antisemitic statement

A car salesman’s lawsuit claiming he was fired by a Smithtown auto dealer for complaining about an antisemitic statement by a supervisor can go forward, a Suffolk County judge has ruled. Laurence Teller,

Read More

Used Cars With the Worst Resale Value After 5 Years

Angle down icon An icon in the shape of an angle pointing down. The 2022 Cadillac Escalade Sport. Tim Levin/Insider Luxury vehicles tend to lose more value than any other cars or trucks over

Read More