Sales of electric vehicles in Australia have almost tripled. According to Vivien Griffin, coordinator of Noosa EV Expo, it seems increasingly that the tipping point for electric car sales has been reached in Australia. “Between 2020 and 2021, electric vehicle sales in Australia nearly tripled from 6,900 to 20,665, andRead More →

Used car dealership group Motorpoint has more than doubled its year-on-year profits, bringing them back to levels not seen before the pandemic. The independent car retailer’s pre-tax profit reached £21.5million in the financial year to March 31, 2022, from £9.7million the previous year when trading was hit by the lockdownsRead More →

The South African new vehicle industry continued to show resilience in May in the face of increasingly difficult market conditions. With fuel prices rising overnight to record highs, a substantial 0.5% increase in prime interest rates during the month and the latest wave of flooding in KwaZulu Natal (KZN), NewRead More →

FOUNTAIN VALLEY, Calif., June 1, 2022 – Hyundai Motor America reported May retail sales of 59,432 units, down 30% from May 2021. May was a record month for Santa Cruz retail sales. Hyundai had no fleet sales in May 2022. “There continues to be tremendous consumer demand for Hyundai vehicles,Read More →

Today, customers line up to buy vehicles and salespeople mostly take orders. We don’t know when the supply chain issues will be resolved. We know stocks will eventually come back slowly. Will your sales teams be ready for a more competitive market? Will they have the tools to be productiveRead More →

UK used car sales rose 5.1% in the first quarter of 2022 compared to the same period last year, according to industry figures. Some 1,774,351 transactions in the used-car market took place, up 86,596 from the corresponding figure in 2021, when pandemic shutdowns only allowed dealer click-and-collect services. And figuresRead More →

Car sales plummeted last month, but CATL and BYD can’t get enough lithium – SupChina Jump straight to content Search any company based in China Search any company based in ChinaZhejiang Geely Holding GroupChina Development Bank International InvestmentCASILBYD automaticBeiGene (Beijing)Beijing Pingxin Media CultureBeijing JD36Kr holdingsBaidu (China)Qianjin Network Information Technology (Shanghai)GAIGAVISHINTaobaoRead More →

Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain,Read More →

New car sales in the United States are expected to rise slightly in April from March, but investors continue to worry that low inventories, soaring vehicle prices and little to no sales incentives will continue to dampen demand. Seasonally adjusted annual rate estimates for April hover around 14.5 million vehicles,Read More →

Culture and car enthusiasts have seen images of iconic classic cars driving around Cuba as if frozen in time. There’s a reason those notoriously old American rides like Eldorados and BelAirs are the primary modes of transportation, though. And it has to do with new car sales. For decades, salesRead More →

Car shoppers still prefer to buy their vehicles in person over online, despite companies’ push to increase their online capabilities during the pandemic, new research from Deloitte has found. The global professional services firm has released its 2022 Global Automotive Consumer Survey, which revealed a continued reluctance among consumers toRead More →

Customers increasingly expect objective information when buying a car. Jim O’Brien, Managing Director, Americas at RAVIN.AI, discusses how AI can be used as a tool to increase transparency in used car sales Consumers have turned the used car market into one of the hottest ever, with prices and sales volumesRead More →

Hyundai released its March figures, and although global sales were 17% lower than in 2021, EV sales were up 105%. The March figures are interesting to say the least for the Korean automaker. However, it should be noted that Hyundai does its numbers differently than other manufacturers. Their figures includeRead More →

Electric vehicles parked outside the State Capitol building Credit: Hugh McQuaid/CTNewsJunkie Connecticut lawmakers who roamed the parking lot of the state capitol building on Wednesday had a chance to inspect a display of premium electric vehicles, but the fate of legislation allowing direct-to-consumer sales of those vehicles remains uncertain inRead More →

It was time for a well-deserved retirement for an award-winning local car salesman. Kenny Gunn prepares to retire with knitting supplies. Kenny Gunn, from Portgordon, recently hung up his keys in his role as sales manager at Honda dealership Ewen’s in Cornhill. It ends a career in car sales thatRead More →

It was time for a well-deserved retirement for an award-winning local car salesman. Kenny Gunn prepares to retire with knitting supplies. Kenny Gunn, from Portgordon, recently hung up his keys in his role as sales manager at Honda dealership Ewen’s in Cornhill. It ends a career in car sales thatRead More →

If you’ve been browsing the channels lately, you’ve probably come across ads for Memorial Day sales at car dealerships. And while Memorial Day weekend is known for its steep vehicle discounts, this year’s sale will take extra consideration. The average used vehicle is around $28,000, and the average new carRead More →

Source: Shutterstock. One of the main reasons used-car sales slowed in March was because the IRS was slow to get household tax refunds, a Cox Automotive economist said Thursday. Jonathan Smoke, chief economist at Cox Automotive, said tax refunds typically make March the biggest month of the year for usedRead More →

Sustainable future Sales of electric vehicles have gone wild since the government introduced the clean car rebate last year and then Russia invaded Ukraine, disrupting petrol prices. March figures just released set a new record for electric vehicle sales – and there’s more to come. | Content partnership The MotorRead More →

On Wednesday, Capital Connect released the Easter 2022 Retail Study. He predicts auto dealerships will score big in April and May. “Sales of new vehicles and auto parts will peak positive for the upcoming Easter trade,” said Cash Connect chief marketing officer Sumay Dippenaar. Other sectors that can expect anRead More →

Auto retail sales remained under pressure last month due to weak consumer sentiment in rural markets, insufficient availability of semiconductors, high fuel prices and a sharp rise in costs acquisition of vehicles over the past two years. Vehicle registrations with regional transport offices (RTOs) fell 3% to 1,619,181 in March,Read More →

Busy traffic as seen on the M3 motorway heading towards the English coast near Southampton, Britain August 7, 2020. REUTERS/Toby Melville Join now for FREE unlimited access to Reuters.com Register April 5 (Reuters) – Britain’s new car registrations fell 14% to record the weakest March since 1998 as shortages ofRead More →