Follow us now… Tesla offers 0.99% financing on Model Y through end of May Tesla has drastically reduced interest rates for the Model Y through the end of May, which could mean that Tesla will be financing the Model Y… Source: www.torquenews.com
CarMax (KMX), the largest used car retailer in the United States, said it has seen a significant increase in customer interest in electric vehicles. And when those customers buy an EV, they’re buying a Tesla. Annual EV consumer reportCarMax revealed that search volume for the word “electric” doubled from February 2022 to February 2023. Source: finance.yahoo.com
Most major automakers reported lower new car sales in July as passenger car sales continued to slump and some consumers opted for less-used vehicles. Analysts said a strong start to the year also led to some decline in demand for new cars in July. The industry remains in good shape. Following the July results, IHS Markit analysts… Source: www.usatoday.com
This is a movement we see more and more often. Automakers around the world are cutting incentives and raising prices. Now, Infiniti has joined the lineup of brands whose rates have increased this year. Infiniti increases special rates. Special APR financing rate on all 2022 Infiniti models. Source: www.carsdirect.com
About Tesla Founding year: 2003Headquarters: Austin, TexasBetter Business Bureau (BBB) ratings: Unrated Tesla was founded in 2003 by engineers who wanted to provide an alternative to gasoline-powered cars. Currently, the company manufactures fully electric and expandable vehicles. Source: www.marketwatch.com
About Nissan Founding year: 1928Headquarters: Franklin, Tennessee.Better Business Bureau (BBB) ratings: A+ Nissan was founded in Japan in 1928 when Yoshisuke Aikawa became president of Nihon Sangyo. The company was officially listed on the Tokyo Stock Exchange in his 1933 year. Source: www.marketwatch.com