TOKYO (Kyodo) — Japan’s transport ministry on Friday conducted on-site inspections of Bigmotor dealerships across the country amid allegations that the used car chain charged excessive fees after intentionally damaging vehicles and made fraudulent
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AutoNation is using several tools, including its newly acquired captive finance company and a gradually expanding used-car networkto try and recapture “lapsed” customers – those who disappear after their new-car warranty expires
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Early last year, as demand for electric vehicles (EVs) shot up and supply to Australia remained tight, second-hand Teslas were selling for head-turning prices. In some cases, used models were selling for more than
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It might seem you have to be rich to buy an electric car these days, with even some budget EVs blowing out to more than $50K, but we’ve found a way to get
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The news that prices of used electric vehicles are in freefall, with no end in sight, has dragged down revenue through the entire used car segment, says iSeeCars executive analyst Karl Brauer. Plus,
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Japan’s transport ministry said Monday it will conduct hearings with major used car dealer Bigmotor Co. over the company being suspected of charging excessive vehicle repair fees and making alleged fraudulent insurance claims,
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Used car prices are finally coming down, and by the latest measure, they could be dropping hard. According to the latest Consumer Price Index (CPI), used car prices fell about 0.5% in June
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Only one in 100 used cars for sale are electric, and it could take three years before the situation improves significantly, experts warn. Greater government subsidies aimed at fleets and used vehicles could
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Only one in 100 second-hand vehicles for sale is electric and it could take three years for the situation to significantly improve, experts warn. Greater government subsidies targeting fleets and second-hand vehicles may
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Scott Kanowsky | Investing.com Published Jul 22, 2023 00:48 Investing.com — AutoNation (NYSE:AN), one of the largest car dealership chains in the U.S., has reported better-than-expected adjusted income per share and revenue for the second
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