Tag: used car prices
Decoding the decline in used car prices and what’s next for...
Once a booming segment during the pandemic, the used car market is experiencing a substantial price dip. Understanding the factors behind this decline and...
Stellantis recalls over 200,000 SUVs and trucks due to stability control...
Car manufacturer Stellantis is recalling 211,581 SUVs and pickup trucks due to a software malfunction that may cause the electronic stability control (ESC) systems...
Weekly roundup: Sen Joe Manchin urges U.S. companies to sue Treasury,...
Earlier this week: Senator Joe Machin urges U.S. companies to sue the treasury over the clean energy tax credit. Ford restores its historic Detriot...
Weekly roundup: FTC defends new rule on dealership practices, GM unveils...
Earlier this week: The Federal Trade Commission defended its new regulations on dealership advertising and finance practices. General Motors announced that its new entry-level Cadillac Optiq...
Weekly roundup: Alabama Mercedes-Benz workers reject unionization bid, Dave Cantin Group...
Earlier this week: In a significant blow to the UAW, workers at the Mercedes-Benz plant in Alabama have voted against joining the union. Using...
Automotive weekly roundup: Falling new vehicle prices, rising negative equity, Chevy...
Earlier this week: New car prices took another dip, nudging closer to their pre-pandemic norms, especially for electric vehicles, which saw the sharpest declines....
Nissan could save Fisker with $400 million investment
According to an exclusive Reuters report, Nissan is in extensive negotiations to invest in electric vehicle maker Fisker, potentially giving the struggling startup a...
Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise...
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending...
Unsold used car inventory increases, driven by higher sales and lower...
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.
At the beginning...
Used car prices are dropping—Is it enough to bring in buyers?
There is no doubt that the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this...