Who got the chips and who didn’t: 2022 Hyundai and Kia sales near all-time highs; Honda’s sales plummeted. Written by Wolf Richter of Wolf Street. New car sales in the U.S. are bad even in good years, and terrible in bad years. In 2022, new… Source: wolfstreet.com
For most people, buying a new car is exciting and emotional, but it can be disappointing to find out later how little your car is worth. Secondhand car It will be worth it when you sell it and buy new wheels. Unfortunately, every vehicle depreciates in value by the time it is driven from showroom to showroom. Source: www.hotcars.com
summary Restoring and building a classic muscle car is a rewarding experience and a source of pride that you can share with friends and family. Collecting a completed classic car may be expensive up front, but it will save you money in the long run since it requires less repair and manufacturing… Source: www.topspeed.com
The Indian brand’s next-generation pickup with an upgraded diesel engine and 3500kg towing capacity – but there’s no rival for the Ranger Raptor yet… Mahindra’s first global pickup It is expected to arrive in Australia by mid-2026 and will be directly targeted at the top-selling Toyota Hilux and Ford Ranger for the first time.
In addition to cost savings and less restrictive tax credits, leasing may have other advantages over buying an EV. Don’t be stuck with old technology. EV technology is advancing rapidly, increasing battery range and potentially lowering purchase prices over time. Source: www.consumerreports.org
Regardless of the outcome, the United Auto Workers strike threatens to put pressure on already high auto prices. While new car buyers won’t be affected immediately, experts say discounts and incentives are expected to decline in the future. For new cars, the average transaction amount is… Source: www.cnbc.com
Important points If the UAW’s strike against automakers in Detroit drags on, it could lead to higher car prices and fewer options. Repairs and maintenance at GM and Stellantis dealerships may be difficult because parts manufacturing and distribution facilities are closed due to the strike. UAW actions… Source: www.investopedia.com
Updated November 10, 2023 – Despite the UAW strike against three Detroit automakers and strong sales, October was the best since early spring 2021, according to an analysis of Cox Automotive’s vAuto available inventory data. It started with new car inventory. However, this strike left him with 60 points for GM… Source: www.coxautoinc.com
Important points By 2023, the “Detroit Three” automakers will hold 40% of the U.S. market, followed by General Motors with 17%, Ford with 13%, and Stellantis with 10%. The strike by the United Auto Workers union has not yet affected car prices, but if the strike spreads nationally… Source: www.bankrate.com
Navigating the used car market is currently very similar to navigating the online dating scene. Hopeless, discouraged, and out of control. (Seriously, what’s up with the fish pictures? No one’s taking the bait.) The good news is there are plenty of decent fish (and used cars)… Source: www.ramseysolutions.com