Listen carefully for any strange noises, like creaks or groans, coming from a used car. Giranda said these noises could indicate there are issues with the car’s shocks, struts or bearings. “If these
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The wholesale prices used car dealers pay for the cars they later sell decreased by 2.7% in May. According to the Manheim Used Vehicle Value Index, wholesale auction prices are now about 7.6%
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Retail demand that was strong in April and during the first part of May appeared to erode in the week before and week following Memorial Day, Cox Automotive Chief Economist Jonathan Smoke told
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Published: June 8, 2023 at 4:58 a.m. ET By Raffaele Huang SINGAPORE–Car sales in China, the world’s biggest auto market, continued to recover in May, as rollouts of new models and discounts offered
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Peter Muriungi, CEO of Chase Auto, said at the summit Chase had adjusted to rising delinquencies primarily by getting tougher on borrower collateral. He said the bank was not as worried about the
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Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.7% in May from April. The Manheim Used Vehicle Value Index (MUVVI) declined to 224.5, down 7.6% from a year ago.
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Artificial intelligence is on the horizon and can be useful to car dealerships in many ways. While the speed and automation of artificial intelligence can’t do every job at your dealership, software-driven artificial
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Tesla was the biggest winner last month as sales rose 1,697 percent, followed by Alfa Romeo, which saw demand leap 170 percent. MG’s sales increased 118 percent. BMW had a 60 percent rise,
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Every fifth new car was a Tesla Model Y. Jun 05, 2023 at 10:46am ET In May, the Norwegian passenger car market expanded by nearly 16 percent year-over-year to 13,342 units. The year-to-date
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MINNEAPOLIS — Whether you’re shopping new or used, the car market is hot. “Honestly, I’ve been trying to look everywhere I can,” Michaela Spielberger said. Spielberger has spent the last year looking for
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