Tesla price cuts continue to lead electric vehicle (EV) prices lower. EV prices are down nearly 19% year over year, falling from $65,688 to $53,376. ATLANTA, Sept. 12, 2023– The average price Americans paid for a new vehicle in August 2023 was virtually flat compared to one year ag...
New-car spiffs rein in used-car prices.The article reports that according to the automobile industry analysts, due to attractive new-vehicle incentives, the prices of used-vehicle is declining as some used-car shoppers are opting for new cars.Sawyers...
The EV market continues calibrating to consumer demand, driven by growing inventories and declining used-EV prices. In 2024, used-EV prices dropped more than twice as fast as the broader used-car market, making them more accessible to a wider range of consumers. On the new-ca...
Declining availability of vehicles In the fourth quarter of 2023, about 288.5 million vehicles were in operation in the United States, an increase of under one percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. ...
Insurability.When you think car insurance, think risk. The older the car, the riskier it becomes to ensure it because its reliability starts declining. What that means for you as an owner is increased insurance premiums. Unreliability.Your used car is far more likely to give you up, let you...
The national retail sales of NEVs, the sector including battery electric vehicle (BEV) and the plug-in hybrid electric vehicle (PHEV), surged 85.6% year-over-year (YoY) to 527,000 units in April, the China Passenger Car Association (CPCA) released on Tuesday. The retail sales declining 3.6...
"None of the hundreds of new car manufacturers in China is worth investing in," he says bluntly. Citing NIO, WM Motor, XPeng Motors and other leading companies for raising prices in response to declining subsidies, Zhang said the current data showed that the unified feature of new car manuf...
China Automotive Industry Association data show that as of October this year, new energy vehicles have been declining for four consecutive months, and the rate of decline is expanding. China Automobile Association believes that according to the current development trend, this year's new energy vehicl...
New Nissan Murano Prices Get Higher on Top Trims New Honda Prelude Interior Seen for the First Time Electric Porsche Boxster, Cayman Could Get Delayed Honda Teases Two Sleek Prototype EVs for CES 2025 Ram Will Now Release Its PHEV Truck Before the EV ...
Napkin Sales Are Rapidly Declining Back in the days when family dinners were still a thing, families used to need a large amount of napkins due to the mess associated with such meals. You’d have many napkins scattered across the table, usually one or two for each guest, and another pack...