If you see someone driving out of a new car dealership in the Bay Area, there’s about a one in four chance they’re in an electric vehicle. Nearly 27% of new cars registered in the nine-county Bay Area in the first half of 2022 were zero-emission vehicles, according to countyRead More →

Sales of electric vehicles are stimulated by high gasoline prices. And automakers get the message. In 2021, the United States sold over 400,000 electric vehicles and over 600,000 hybrids. Along with other Ford Motor Co. dealerships, Chalmers Ford in Rio Rancho is one of them. The main CO2 emission problemRead More →

Americans are buying electric vehicles at a record pace, undeterred by rising prices and long delivery waits, yet another indication that the twilight of the internal combustion engine is looming. Battery-powered vehicles accounted for 5.6% of new car sales from April to June, still a small share of the marketRead More →

Buying or selling a vehicle is the second largest transaction most consumers will undertake – right after a home – but the process has many potential pitfalls when it comes to a private sale. Is the money counterfeit? Do you always want to carry so much money with you? WasRead More →

Photo (c) Sporrer Rupp – Getty Images Sales of new cars and trucks fell sharply in June, but prices paid by buyers remained high as they competed for limited supplies. While not all automakers have released their June sales numbers, enough do have them for industry experts to accurately projectRead More →

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 →

According to RBC Capital Markets, the May US light-vehicle seasonally adjusted annualized rate (SAAR) of sales came in at 12.80 million vehicles, 4.5% below its forecast and down 12.3% from April due to low inventories amid a persistent shortage of semiconductors and record high vehicle prices. Intensified supply chain disruptionsRead 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 →

CAR SALES INCREASE A Nissan dealership along Pasong Tamo Extension, Makati. The Philippine Chamber of Automobile Manufacturers Inc. and the Association of Truck Manufacturers said Thursday, May 12, 2022 that car sales continued to rise in April. PHOTO BY AARON RONQUILLO Car sales continued to grow in April, but atRead 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 →

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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 →