[Stay on top of transportation news: Get TTNews in your inbox.] General Motors Co. made strong sales gains in the third quarter in a sign the semiconductor shortage is easing, but relief could come for automakers just as consumers are squeezed by rising rates of interest and concerns about theRead More →

Consumers looking to buy a used car online have been warned to be on the lookout for scam car listings. A BBC investigation has revealed that a bogus car dealership website by the name of Auto-Promotions was defrauding thousands of pounds through malicious online advertisements for cheap motors. The nameRead More →

I recently attended an industry dealer-focused event in my hometown of Philadelphia, where a top dealer, who just returned from Europe, verified that the “agency” model takes the over there and, clearly, the trend is coming here. Another indicator that shows this very clearly is Ford’s recent dealer announcement, whichRead More →

Major car dealership groups tout their digital retailing processes and prowess, but many of them only rank moderately in a Pied Piper mystery shopping survey. The consultancy’s Internet Leads Effectiveness Study primarily measures how quickly mega-retailer stores respond to a specific question sent through their websites. The auto-response didn’t count.Read More →

This photo shows a used car market in Zhengzhou, Henan province, Sept. 3, 2021. [Photo/IC] BEIJING — China’s used-car sector continued its upward trend in August, recording monthly sales growth from July despite disruptions from hot and rainy weather and resurgences of COVID-19 in parts of the country. , industryRead More →

ISTANBUL The government is preparing to impose heavy fines of up to 300,000 Turkish liras ($16,400) on those who break a recent regulation that introduced some restrictions on the sale of used cars. class=”cf”> Under the new rules, those who engage in the used car trade will not be ableRead More →

Hatchbacks and affordable non-electric motorcycles and scooters are expected to record bumper sales in the coming months as India prepares to celebrate its first “normal” festive season after a two-year hiatus. An “above normal” monsoon, positive consumer sentiment and generally upbeat mood are also expected to boost entry-level vehicle sales.Read More →

The auto industry gradually picked up speed ahead of the holiday season. Car sales in India recorded a growth of 26.4% with 3,28,079 unit sales in August 2022 compared to 2,59,555 unit sales in the same period last year. The top spot was retained by Maruti Suzuki, while Hyundai securedRead More →

Sales of electric cars are increasing in the country. In August, Tata Motors led the segment in terms of sales. Mahindra & Mahindra tried to increase its presence in electric cars but with little success. Total sales for this segment amounted to 3,237 units in August. This is an increaseRead More →

With festival season coming and semiconductor shortages improving, automakers expect vehicles to be delivered on time, so customers can pick up deliveries on “auspicious” days. . According to the original equipment manufacturers (OEMs or car manufacturers) and their dealers, the Ganesh Chaturthi this year did not give them many numbersRead More →

China’s new passenger vehicle sales continued to rebound strongly in August 2022, up 29% year-on-year to 1.87 million units from low levels a year earlier, retail data shows. released by China Passenger Car Association report. Last month, the market benefited from the significant pent-up demand that resulted from the widespreadRead More →

China’s new passenger vehicle market grew for the third consecutive month in August in an extended rebound, the China Automobile Dealers Association said Thursday. Retail sales of new sedans, crossovers, SUVs and multi-purpose vehicles across the sector jumped 29% year-on-year to 1.87 million last month, according to the trade group’sRead More →

Trains and buses to taxis are full again as the pandemic wanes, but that hasn’t dampened used car sales. “The easing of Covid-related restrictions has had a strong positive impact on the demand for used cars,” Ashutosh Pandey, managing director and chief executive of used-car retailer Mahindra First Choice Wheels,Read More →

Yesterday, California took a historic step that will help the state reduce carbon emissions while fighting climate change, and may even help reduce respiratory illnesses. The most populous US state has passed a resolution banning the sale of new gas-powered cars by 2035. As CNBC reports, the resolution was releasedRead More →

Summer has long been a slow season for new car sales, but that’s not the case this year, according to the latest tally from the China Automobile Dealers Association. After strong gains in June and July, retail sales of sedans, crossovers, SUVs and multi-purpose vehicles jumped 32% year-on-year to 1.02Read More →

California, the state that buys the most cars and trucks in the United States, will ban the sale of fossil fuel vehicles by 2035. It is the biggest government measure against gasoline and diesel to date, with the potential to spread across the country. and the global automotive industry. TheRead More →

Image credit: Depositphotos.com The number of new car sales in the United States fell dramatically last month compared to last year. But dealer profits don’t hurt, as high prices boost bottom lines. A joint forecast by JD Power and LMC Automotive called for retail sales of new vehicles last monthRead More →

Andrus Soodla, head of leasing at Luminor, said the share of electric cars sold and leased in Estonia is growing, albeit slowly. “Compared to the same period last year, sales of electric cars have increased by 40% this year.” Soodla said the increase in the purchase and leasing of electricRead More →

ANKARA A regulation imposing restrictions on the sale of used cars to curb soaring vehicle prices has been published in the Official Gazette. class=”cf”> Under the new rules, those who engage in the used car trade will not be able to sell their vehicle for six months from the vehicle’sRead More →

As day turns to night, the slump in used car sales was inevitable after a prolonged squeeze in the supply of new vehicles. New figures from SMMT this week show the UK used car market fell -18.8% in the second quarter. More than 1.75 million transactions took place between AprilRead More →

KAYSERİ Some restrictions will be introduced for car sales to stop the increase in car prices, Trade Minister Mehmet Muş said, noting that the relevant regulation is ready. class=”cf”> Under the new regulations, businesses, car rental companies and car dealerships will have to wait a while to sell new carsRead More →

Image credit: Depositphotos.com With the resumption of semiconductor supply, not all automakers will return to normal at a steady pace. DesRosiers Automotive Consultants used the phrase “patchy and patchy” to describe the recovery from the shortage. “As the semiconductor supply improves, it will not do so consistently across all manufacturersRead More →

Government-appointed planning inspector Stephen Wilkinson issued the decision this week, saying that because the council was behind on its house building – and because it had identified the Hampshire Car Sales land at Havant Road for housing in 2006 – it was acceptable. Read more Read more New images showRead More →

Employing friendly, knowledgeable and honest staff is the most effective thing a dealership can do to win over customers. The 2022 Driver Power Dealership Survey showed that while dealerships focus heavily on process, high-quality premises and building compelling offerings, it’s the people they employ that make the biggest difference. TheRead More →

The Commonwealth’s push to encourage electric vehicles suffered a major setback last year, when a multi-state agreement to cut greenhouse gas emissions from cars and trucks collapsed. This effort, led by Governor Charlie Baker, would have been a transformative program and could have cemented Baker’s own pollution-fighting legacy by acceleratingRead More →

ANKARA Kemal Kılıçdaroğlu, the leader of the Republican People’s Party (CHP) has promised to drastically reduce the special consumption tax on car sales, advising people to postpone their plans to buy a new vehicle until the opposition comes to power. class=”cf”> “Postpone the purchase of cars until we come toRead More →

With the rise of the dollar over the past two days, Car sales have stopped. According to the advice of the sources Country, The reference is “scarce” and there is no similar behavior, although a currency price above $330 adds a lot of pressure and uncertainty: There are merchants whoRead More →

The price: $48,403. That’s the average transaction price (ATP) for new vehicles in June 2022, according to the latest Kelley Blue Book report. This is the highest average price ever, surpassing the $47,202 ATP paid in December 2021, reports KBB. “This industry average is driven by very expensive vehicles thatRead More →