No One Wants To Buy Used EVs, So They Are Piled Up In Graveyards Full Of Weeds.

The transition away from cars with dirty internal combustion engines is facing new hurdles. Drivers are reluctant to buy used electric cars, which is also weakening the new car market. inside $1.2 trillion On the second-hand market, prices for battery-powered cars are falling faster than before… Source: fortune.com

Currently, Only One New Car Is Sold In The U.S. For Less Than $20,000.

Just five years ago, price-conscious car buyers in the United States could choose from more than a dozen new small cars priced under $20,000. Now, he’s the only one left. This is Mitsubishi Mirage. And it looks like Mirage is heading to the scrapyard as well. At a time when Americans increasingly want… Source: www.cbsnews.com

CarMD Releases Completely Objective Reliability Rankings

CarMD® releases 2nd Annual Vehicle Health Index™ Manufacturer and Vehicle Rankings, with year-over-year comparisons for the top makes and models currently on the road Data shows manufacturers continue to improve reliability to offset rising repair costs IRVINE, Calif. (November 13, 2012) –… Source: www.autoblog.com