Category: Global

Paying for a New Car Now Costs More Than Ever

Rising inflation has spared few consumer needs — including new vehicle costs requiring a bigger chunk of Americans’ budgets than ever. KEY TAKEAWAYS Average monthly new car payments have surged 28% in the

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These Are The Used Cars You Would Buy With A $25,000 Budget

Here’s Why the Subaru Impreza 22B Is the $100,000 Ultimate Subaru With a $25K budget, I would buy a GC Impreza coupe with a good body, a wrecked 2nd-gen STi, and graft the

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Alaska attorney general files deceptive advertising complaint against Swickard car dealerships in Anchorage and Palmer

The state of Alaska filed a lawsuit Wednesday against a prominent local car dealer alleging deceptive advertising, after receiving a series of complaints — including one from someone who happened to be a

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It’s Nearly Impossible to Find a Good Used Car Under $20,000

Just four years ago, the average one-to-five-year-old used car cost $23,351, per iSeeCars. Today, that average has climbed to $34,491, nearly where average new-car transaction prices were four years ago. The sharp rise

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Volvo Almost Doubled Plug-In Car Sales In July 2023

Recharge models accounted for 35 percent of all Volvo cars sold globally last month. Aug 09, 2023 at 7:44am ET Volvo Cars reports 54,165 global car sales in July, which is 21 percent

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Edge computing will transform the auto industry

At this year’s New York International Auto Show, in-car apps and entertainment, efficient charging stations and over-the-air updates grabbed as much attention as oversize tires and third-row seats. The show sent a clear

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Used cars for less than $20,000 have ‘nearly vanished,’ study says

Used cars are slightly cheaper these days, but prices remain nearly 50% higher than in 2019 and people have fewer options than ever before of scoring anything for less than $20,000. Analysts at

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Plug-In Car Sales Improved 50% In July 2023

Dacia Spring once again was the best-selling plug-in model for the month. Aug 08, 2023 at 6:30am ET New passenger car registrations in France increased in July by 20 percent year-over-year to 128,947,

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Want a Cheaper Used Car? Wait a Little Bit.

Used-car prices are falling. That’s good for car buyers. For car makers, the data isn’t as positive. The widely followed Manheim Used Vehicle Value Index is released on the fifth business day of

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Tesla CFO Zachary Kirkhorn steps down, replaced by Vaibhav Taneja

Tesla said Zachary Kirkhorn stepped down as its chief financial officer and named its accounting head, Vaibhav Taneja, as its new finance chief. Kirkhorn, a company veteran of 13 years, stepped down from

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