A TOTAL of 734 vehicles were sold during the month of December 2021, compared to 755 units sold the previous month. This is according to data provided by the National Association of Automobile Manufacturers of South Africa (Naamsa). In a report citing data from Naamsa, Simonis Securities says vehicle salesRead More →

“The remarkable performance of the four markets represents 63% of the total cars delivered in the Asia-Pacific region in 2021,” said Automobili Lamborghini. Italian super-luxury carmaker Automobili Lamborghini on Wednesday announced its best ever sales performance of 69 units in India in 2021, an 86% growth from the previous year.Read More →

Sales of battery electric cars have overtaken diesel for the first time in Europe, FinancialTimes reported Sunday. This is an important step, as diesel has been the default choice for European car buyers for decades. Registrations of new “electrified” vehicles – including hybrids, plug-in hybrids and combination battery-electric cars –Read More →

Ford has entered into a five-year deal with Stripe to not only modernize the automaker’s e-commerce capabilities, but also enable in-car commerce. Ford Credit, the automaker’s financial services division, will use Stripe’s technology to accelerate the development of digital payments in North America and Europe, Ford announced Monday. The partnershipRead More →

For the first time ever, U.S. passenger car sales unexpectedly increased in December 2021, despite the fact that sales often dip at the end of the year as buyers favor New Year’s purchases compared to the last month of the previous year.Data from PAMA (Pakistan Automobile Manufacturers Association) reveals startlingRead More →

Used car sales set a new record of 40.9 million vehicles in 2021. Unmet demand for new vehicles due to unavailability has forced many new-vehicle buyers to gobble up late-model used vehicles in 2021, setting a new sales record at 40.9 million vehicles. The total marks a 10% jump fromRead More →

First: average transaction prices. We have reached a new record – again! – in December, which was expected. Luxury vehicles tend to sell better in the later months of the year, driving up new vehicle prices. In December, they topped $47,000. Full details of our Kelley Blue Book team areRead More →

Luxury automaker Aston Martin reported an 82% increase in dealer sales in 2021. The news comes as the company predicts lower-than-expected adjusted annual profit on fewer than expected shipments of its car from Valkyrie sport in the fourth quarter of the year. Friday, Aston Martin said he expects adjusted basicRead More →

AS MANY motorists are planning to switch to an electric vehicle in 2022, experts have given advice on buying and using battery-powered cars. Auto finance company Moneybarn’s top tips when finding an electric car include making sure you do the math. Even the cheapest EVs are still quite expensive toRead More →

Written by Neal E. Boudette Toyota Motor dethroned General Motors as the top-selling automaker in the United States last year, becoming the first out-of-country based automaker to achieve the feat in the company’s nearly 120-year history. industry. This milestone underscores the changes rocking automakers, which face stiff competition and externalRead More →

Automakers are also facing the transition to electric cars and trucks. Many companies spend tens of billions of dollars to design battery-powered models and build factories to produce them. They are racing to catch up with Tesla, which now sells a large majority of electric vehicles. But most established automakersRead More →

LANSING, Michigan – Car sales in Michigan are expected to remain well below what they were before the pandemic, and consumer prices are likely to remain high as dealerships face supply chain issues. “It really caused vehicle sales and production to drop dramatically. The past two years and again thisRead More →

South African motorists are advised to shop for cars online with caution to avoid falling victim to potential scams.StressFreeCarRental.com has revealed its top tips for those looking to buy a vehicle online, including doing background checks and inspections. READ ALSO: Selling Cars Online in South Africa: What’s Possible, What’s NotRead More →

Sales of sports utility vehicles (SUVs) and luxury cars have grown by an annual average of 39% in Bangladesh over the past decade as more people, armed with rising incomes, buy more cars. large number. A total of 43,720 units of SUVs and luxury cars, including reconditioned cars, were registeredRead More →

Car sales continue to be affected by reduced inventory. New vehicle sales were stuck again in December, paving the way for what could be a bumpy ride in 2022. The auto industry is still haunted by COVID-19, causing shortages of key materials essential to the growing automotive market. electric vehicles.Read More →

Economy New car sales up 30 pc Wednesday, December 29, 2021 Workers at Isuzu’s East African Vehicle Assembly Plant on Mombasa Road during the December 2018 media tour. PHOTO | DIANA NGILA | NMG By VICTOR JUMAMore from this author Summary New motor vehicle sales rose 30.2% to 12,750 unitsRead More →

China’s efforts to create a thriving market for used vehicles, virtually from scratch, are slowly beginning to bear fruit, including in the electric car segment. Used vehicle sales jumped 30% in the first ten months of this year and are expected to reach 17 million units in 2021, according toRead More →

NEW DELHI: Chip shortages continue to disrupt supplies to the automotive industry. Wholesale shipments to dealers fell 19% in November, as the semiconductor shortage continued to affect vehicle production and subsequent deliveries to dealerships, auto industry body Siam said on Friday. Vehicle shipments amounted to 2.15 lakh units last monthRead More →

Due to low hydropower generation, Iceland has experienced a power shortage in recent days, to the point that its largest utility has cut power to some industrial activities, data centers, and cryptocurrency mining. Iceland generates almost 100% of its electricity from renewable energy sources, with hydroelectric generation accounting for aroundRead More →

Photo: Getty Images (Getty Images) You’ve probably bought a car from a dealership before, or maybe you’re lucky not to. The pre-pandemic process consisted of something like 90% awkward small talk with a salesperson and then 10% signing a bunch of forms with someone in finance who actually seemed toRead More →

LEXINGTON, Ky. (WKYT) – The automotive industry faces unique challenges. A shortage of microchips is slowing new car production and fueling used car sales. Today, Commonwealth dealerships are struggling with high demand and low supply. “We were criticized,” describes Shannon Jones. Jones works for Don Franklin Auto Mall on RichmondRead More →