Browsing: car sales
Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
President-elect Donald Trump recently announced a new sweeping tariffs proposition he says will take effect on his first day in…
Trying to predict the European car market’s future used to be simple. Sales were either ticking over nicely, about to…
China’s domestic auto sales tumbled in July but exports jumped 20% as EV makers turned focus abroad
Auto sales in China faltered in July, slipping 5% from a year earlier, the China Passenger Car Association said Friday,…
Used cars are ‘flying off dealer lots at record rates’ as buyers who held off the last few years finally take the plunge
After sitting on the sidelines for the past few years, buyers are returning to car lots, ready to buy. A…
British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?
Cazoo’s growth was spectacular, even for a tech platform. The British used car startup achieved unicorn status only months after…
The cost of buying a used electric car is plummeting—and that’s great news for mass adoption, but bad news if you already bought one
New electric cars are cheaper than ever, and a robust used market is finally giving prospective buyers budget options. That’s…
First-quarter auto sales grew 5.1%, but the industry may have already hit its spring sales peak, top economist warns
New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high…