Let's remember that the car market itself—all of it, gas or electric—is in weird shape right now, and a lot of that is due to high interest rates. Prices were down in Q1 and automakers are worrying about rising inventory levels, including with their gas-powered trucks, which has seve...
The Evolution of LeSeuer Car Company: A Tempe Success Story in Auto Excellence In the ever-evolving landscape of Arizona's automotive market, LeSeuer Car Company is a testament to dedication, expertise, and unwavering commitment to quality. For 50 years, our journey in the Valley of the Sun...
Carvana launched 10 years ago with a plan to disrupt the used car market, offering both online car shopping and trade-ins as well as distinctive car vending machines. But Basham told CNN Carvana's problems are worse than other used car dealers because it expanded faster than its sales could...
The Tesla Model 3 is the fastest-selling used car; alternative-fuel vehicles are well represented on both fastest-selling new and fastest-selling used car lists. The car world continues its spiral into madness as the supply-constrained car market goes crazier every month. The chip shortage rages...
“We are at a crossroads for wholesale, mainly from concerns about the UAW strike potentially slowing new retail sales and moving buyers into the used market,” said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive. “We don’t see that happening just yet, as ...
When auto prices first soared two years ago, lower-income buyers were elbowed out of the new-vehicle market. Eventually, many of them couldn’t afford even used autos. People with subprime credit scores (620 or below) bought only 5% of used vehicles last month, down from nearly 9% before...
Used car and truck prices rose 10% last month and were up 21% versus the same period last year. "People have a lot of extra money that the government is giving them, so they are going out and buying cars," said Steve Moore, senior economic contributor at FreedomWorks, a grassroots org...
Consumers continue to show interest in electric vehicles despite reports of slowing growth. While there are more BEV and plug-in hybrid models on the market than ever, most of them aren’t getting more affordable. However, because of years of increasing sales, there is a growing inventory of...
Enough growl to set off car alarms and turn heads. Great durability, my bikes been dumped more than a weight watchers' diet plan, and everything's still o.k. Weaknesses: It has an anorexic gas range. Until it overcomes that it can't be the best sport tourer on the market. Really ...
market segment. It wasn’t designed with any passion or soul, no one loved making this car, it just happened. The Chinese did what they do regularly do and look at someone who has designed something nice, in this Mazda, and just sort of copied it with no real care or attention. As ...