Tesla’s sales in 2022 increased by more than 40%, but due to sluggish demand in China, the company was unable to meet its sales targets at all. A Tesla Model 3 can be seen at one of the automaker’s Shanghai stores. CFOTO/Future Publishing via Getty… Source: www.forbes.com
New Nissan cars lined up at a dealership in Richmond, California on July 9, 2021. Car prices have soared during the pandemic, even though they have fallen from their peak… Source: www.npr.org
While used car prices are dropping in some states, other drivers are paying more than ever. This is often due to supply and demand for specific models, but inflation still hits the country as a whole. Additionally, automakers must continue to manage impacts such as: Source: www.motorbiscuit.com
Electric car maker breaks down pricing for Model 3, Model Y, Model S, and Model X … Source: Car Scoops
There have also been some changes to the Chevrolet Suburban’s power source, but the 5.3-liter and 6.2-liter V8 engines we’re familiar with remain. The former is the standard engine for Chevrolet Suburban LS, LT, RST, Z71, and Premier models, while the latter is the default engine for high-grade models. Source: carbuzz.com
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 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
it’s just proper It’s time to get into the used car market, as prices continue to fall from all-time highs, but it’s also a great time to buy a used car. Electric car, That’s because prices are falling rapidly, according to a new report. There are many reasons why the value of a used electric car will be proportionately lower… Read More
Prices for the Volvo XC40 and C40 Recharge twins have increased by up to $4500, with the upgraded long-range electric SUVs set to hit Australian showrooms between July and September 2023. 2024 Volvo XC40 and C40 Recharge Prices and Specifications Single-motor variants now rear-wheel drive… Source: www.drive.com.au
The 2023 United Auto Workers (UAW) strike against Ford, General Motors and Stellantis has finally ended after two months of grueling posturing, negotiations and work stoppages aimed at inflicting maximum suffering. . UAW President Sean Fein first announced the tentative agreement with Ford on October 25th. Stellantis followed suit a few days later. Source: Car and Driver