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
AAA says Amos Hochstein, President Biden’s energy adviser, said the national average gas price is $3.29, but the “most common” price is actually closer to $2.95. AAA said it expects the number of travelers to reach 55.4 million this weekend, the third highest number since 2000. I’ll be checking gas prices on Thanksgiving Day as well… Source: Car and Driver
Pricing for the new Mitsubishi Triton ute has been confirmed for Australia, with the new generation flagship set to land soon and lure more tourists, travelers and families away from the likes of the Toyota Hilux and Ford Ranger. Pricing for the new Triton starts at $43,690, excluding on-road costs. Source: www.carsguide.com.au
Written by Michael Cantu Edmunds In recent years, conditions have been tough for used car buyers due to soaring prices, declining inventories, and rising interest rates. It’s safe to say that the market is disappointing when compared to what people typically expect to pay when buying second-hand goods. But it seems… Source: businessjournaldaily.com
The used car market is up and running defiantly. Some signals indicate that the price should rise. But that’s not the case. Car dealers reduced prices on used cars by 1.6% during the first 15 days of auction in November. Wholesale prices fell 5.3% from the previous year. It happens even though dealers are selling fewer used cars than expected… Read More
Overview To expand its EV offering, Volvo is launching the EX30 small SUV with chic styling to match its expected high-tech platform. Available in single-motor and dual-motor versions, the former with a 268 hp rear-wheel drive configuration and the latter with a 422 hp all-wheel drive configuration, Volvo says his EX30 features… Source: www.caranddriver.com
Volvo has announced pricing for its entire 2024 lineup, including the upgraded C40 and XC40 Recharge EV. Volvo has made improvements, including offering a rear-wheel drive model in the United States for the first time in 25 years. Volvo tackled his two biggest demands with his upgraded C40 and XC40 Recharge electric models… Source: electrek.co