There was initially some concern about how the vehicle would maintain its value over time, as Tesla is a new brand and EV battery loss and subsidy variables are unknown. Research shows that Tesla cars still hold better value than their competitors. Second-hand goods… Source: electrek.co
The Land Rover Defender Plug-in Hybrid was announced in Europe about a year ago, so we’ve known about its existence for some time. In the UK, it already costs around $4,000 more than the P400, which is equipped with a turbocharged inline-six with mild hybrid assist. in… Source: carbuzz.com
It’s no secret that luxury cars are never “affordable.” Additionally, record low inventories and production delays are making it more expensive to buy new cars, forcing consumers to consider buying used cars as a cost-saving measure. However, the used car market… Source: www.hotcars.com
would you like to join… Mazda’s CX-5 couldn’t be more popular. In February, Mazda delivered 16,404 CX-5s to American driveways. This figure increased by more than 35% compared to February last year. Honda has announced that sales have been affected. Source: www.torquenews.com
The most recent quarter was another tumultuous one for Nissan Motor Co., with sales in the key U.S. market surging from recent lows. That could help the Japanese automaker’s bottom line during the company’s first quarter (May-June) fiscal year 2023… Source: www.coxautoinc.com
These days, the market for buying a new or used car can be hit or miss. Demand and prices are high, supply chains for certain models are in short supply, and many potential buyers are holding on to their current cars longer than they were before, rather than trading up for a new one… Source: www.powernationtv.com
To echo what Nissan’s U.S. sales chief said about recent quarterly car sales, it’s about how much of a difference inventory makes. In fact, significantly improved inventories after last year’s computer chip shortage led to significant sales increases for Nissan and Infiniti in the United States. Source: www.coxautoinc.com
Diesel engines have always been a popular option in the European market. Until relatively recently, they sometimes accounted for about 50% of new car sales. This is partly due to the tax system which penalizes CO2 emissions, and diesel cars generally have higher fuel efficiency than diesel cars. Source: www.hotcars.com
Some cars are so popular that some people sell them as soon as they leave the dealership. At least this is what the iSeeCars survey shows, with the Ford Bronco being one of the best-selling used cars even though it went on sale just a year ago. Almost impossible on new vehicles… Source: www.autoevolution.com
Here in West Los Angeles, electric cars are replacing hybrids as the green status symbol of choice. Once upon a time, Toyota Priuses awaited at every corner, but now Tesla Models S, 3, X, and Y slog through traffic every few seconds. Luckily I don’t commute for work… Source: www.hotcars.com