Category: Global

Used car buyers looking to spend $20K have slim pickings in Denver

A shortage of new cars during the pandemic pushed more buyers into the used vehicle market, driving up prices. In metro Denver, the share of late-model used cars and trucks priced under $20,000

Read More

Don’t Walk Away From a Used Car With Tape Stuck to Its Dashboard, Run!

Tips, Tricks & Trends If you’re shopping for a reliable used car, you’ll want to know the truth about tape stuck to the dashboard. Published on August 13, 2023 So you were in

Read More

All-Electric Car Sales Share Improved To 20% In July 2023

BEV sales increased by nearly 70 percent year-over-year, while PHEV sales continued to decrease. Aug 12, 2023 at 10:43am ET In July, new passenger car registrations in Germany increased by 18 percent year-over-year

Read More

Alaska AG files lawsuit against Swickard Auto Group

Filed on Wednesday in Anchorage Superior Court, the 21-page complaint said in part: “Over four months in 2022 and 2023, the Alaska Department of Law’s Consumer Protection Unit (“CPU”) received three complaints against

Read More

Danbury high-end auto zone highlights remaking of west side

DANBURY — A recent zoning change that allows limited-used car sales in an emerging high-end auto corridor near Danbury airport might not seem like a sign that the reinvention of a neighborhood has

Read More

Penske acquires 2 luxury stores in North Carolina

No brokers were involved in the deal, a Penske spokesman said. Baker Motor Co., owned by Tommy Baker, is based in Charleston, S.C., and founded in 1988. The group’s website lists other stores

Read More

EVs’ share has gone flat in a bustling U.S. market

Cox Automotive said in a July sales report that the rapid sales pace for electric vehicles in recent years will slow. “EV sales records will continue to be set, and EV growth will

Read More

Stay away from Carvana as it still has a lot to prove

Although Carvana raised its guidance for the third quarter, Morgan Stanley still sees a shaky path forward for the used-car retailer. Analyst Adam Jonas maintained his underweight rating on the stock and raised

Read More

What you need to know to get the best deal on a used car

ST. LOUIS PARK, Minn. – It’s been two years since the last federal stimulus check, and only a few weeks since the federal reserve raised its benchmark interest rate. Now, factor in auto

Read More

More Mass. EV rebates now available, including for used cars

If you’ve been waiting for the full suite of Massachusetts electric vehicle incentives to kick in before buying a new (or used) car, the wait is over. As of Aug. 8, residents are

Read More