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German car sales to lag global recovery, industry warns

BERLIN (Reuters) – German car sales are lagging the recovery in the global passenger car market, with 2024 sales expected to be 25% below pre-pandemic levels, data from German auto association VDA showed

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Denholm plans $80m Tesla windfall

But the whole calculation is shrouded in uncertainty: any falls in Tesla’s share price could render it unprofitable for Denholm to convert the options, which will grant her the ordinary shares she plans

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Used electric car prices plummet after two years, data finds – Drive

18:0430 January 2024 View 1 images Used electric cars have below-average resale value and spend a longer time on sale than other used cars, new Australian data has found. The data, taken from dealer

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2025 Audi Q7, SQ7: Updated luxury SUV confirmed for Australia

The current-generation Audi Q7 is almost a decade old, but the Ingolstadt brand is squeezing out a few more years of it with another facelift. The 2025 Audi Q7 and SQ7 are due

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Musk Reclaims World’s Richest Crown After Tesla Shares Mount Recovery

Updated Jan 30, 2024, 01:14am EST Topline Elon Musk reclaimed the title of the world’s richest person, overtaking French billionaire and LVMH CEO Bernard Arnault after Tesla stocks mounted a small recovery on

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2023 used car sales figures show buyer trends and strong demand

Australia’s 2023 used car sales: Key figures 2,074,535 used cars were sold in 2023 Around 61% of used cars were sold privately Petrol (65.8%) and diesel (30.6%) made up the majority of used

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Used car sales surge amid cost of living crunch

Used car sales surged over the course of 2023, and demand is expected to motor ahead as budget-conscious households look to cut spending on luxury items amid the cost of living crunch. New

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All new cars sold in Australia to have ‘black box’ recorders from July 2024

From mid-year, all new cars in Australia will have a black box installed to record vehicle data in the event of a crash. View 2 images All new cars in Australia will be required

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Good news for new car buyers

Australians bought more new cars in 2023 than any year previously but that won’t happen again this year and shoppers are expected to benefit. Lexus chief executive John Pappas says last year’s record

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Dealers Beg GM for Hybrid Vehicles, Can GM Do Anything Right? – MishTalk

GM is stuck producing EVs that consumers don’t want with no hybrid models that consumers do want. What’s the solution? The Wall Street Journal reports Buyers Want Hybrids. Dealers who serve on advisory

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