How To Get The Best Deal In Today’s High-priced Used Car Market

Demand for used cars is strong as the economic slowdown caused by the coronavirus begins to ease, but that same economic slowdown has caused a significant contraction in vehicle supply. Wholesale auction house KAR Global reports that dealers paid an average of $13,627 per vehicle. Source: www.forbes.com

Why Is It Such A Big Deal For Mitsubishi To Discontinue The Mirage In The US?

Important points Mitsubishi Motors will likely discontinue production of its inexpensive subcompact hatchback Mirage at the end of 2025, leaving the U.S. market with one of the few new cars priced under $20,000. Mirage sales are declining, with deliveries down 44% and shipments down 31% in the first half of 2023. Source: www.hotcars.com

Automakers With Non-union Employees Race To Raise Pay After UAW Record Deal

Automakers with U.S. production facilities are raising wages for non-union members after the United Auto Workers (UAW) secured record pay increases and benefits for union members at three Detroit automakers. The UAW union has deals with General Motors, Ford, and others. Source: www.autoblog.com

GM Offers $1,400 To Chevrolet Volt Owners To Deal With Fire-prone Batteries With Restricted Software

Jameson Dow reports via Electrek: In the latest phase of the Chevrolet Volt recall issue, GM is offering 2020-22 Volt owners an expected class-action lawsuit in exchange for installing diagnostic software. We are offering early payment of the $1,400 settlement. The company says it will detect whether the battery… Source: tech.slashdot.org