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Wholesale used-vehicle prices rose again in March, according to two major indicators. One of those, the Manheim Used Vehicle Value Index, recorded a fourth-straight month of increases because of continued tight used-vehicle supply. Cox Automotive said Friday its Manheim index — a measurement of wholesale used-vehicle prices calculated by tracking vehicles sold at Manheim’s U.S.
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Electric vehicles will play a critical role in slashing transport-related emissions in the years ahead. Momentum behind the industry is building, with a number of big economies gearing up for the mass rollout of EVs and sales of electric cars hitting 6.6 million in 2021, a record, according to the International Energy Agency. Not all countries will move
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An iconic downtown Los Angeles dealership has new owners, a group bolstered its Kia portfolio, an acquisitive auto retailer expanded again and a Stellantis dealership changed hands, all in three fourth-quarter transactions and one deal that closed this week. Here’s a look at the deals involving domestic and import stores and dealerships in California, Florida,
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7:00 PM ET Formula One will feature a new sprint format at the Azerbaijan Grand Prix after unanimous agreement among the teams to make a change. Pending official ratification of the change, F1 is dropping Saturday’s practice session, which usually precedes the sprint race, in favour of a standalone qualifying session for that event. It
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT JB Straubel, Tesla Motors’ former chief technical officer, speaks during a ribbon cutting for a new Supercharger station outside of the Tesla Factory on August 16, 2013 in Fremont, California. Justin Sullivan | Getty Images Tesla has nominated JB Straubel, the CEO and founder of
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Lucid Motors layoffs are hitting across all levels of the electric vehicle startup, including its head of customer experience, Len Devanna, who announced his exit on social media. “During my two plus years with the company, I’ve had the pleasure of working with one of the most passionate and dedicated groups of people,” Devanna wrote
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NEW YORK — Jeep is upping the comfort and technology in the 2024 Wrangler as the venerable nameplate jousts with the Ford Bronco. The refreshed Wrangler SUV is getting a quieter cabin and power seats in the front row on top trim levels, standard wireless Apple CarPlay and Android Auto, a larger 12.3-inch touch screen
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2024 Jeep Wrangler Rubicon X 4xe Jeep Jeep is updating its flagship Wrangler SUV with more capability, technologies and features as it battles for off-road buyers against Ford’s newer Bronco. The 2024 Jeep Wrangler features an evolutionary exterior design, which is typical for the quintessential SUV, and a redesigned interior that includes additional safety, convenience
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NEW YORK — General Motors is adding some options near the bottom of the price spectrum at a time when consumers are increasingly struggling to afford a new vehicle. Average transaction prices for the Detroit 3, with their mammoth pickups, have soared. GM’s average transaction price was $51,808 in the first quarter, up 2.3 percent
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Dealership management system giant Reynolds and Reynolds has acquired DealerCorp Solutions, a Canadian software company and partner focused on providing digital retailing tools to dealerships. Neither side disclosed financial terms. The acquisition, which was finalized Friday, builds on a relationship between the companies dating to 2021 and will help Reynolds grow its presence in Canada.
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Genesis presented a four-passenger, coupe-style version of the GV80 crossover as a design concept in the run-up to the New York Auto Show that kicks off Wednesday. The automaker said the concept “serves as a statement of intent for the future, hinting towards more emotional and performance-oriented models.” It was unveiled late Monday at the
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2:56 PM ET Associated Press FORT WORTH, Texas — Josef Newgarden won at Texas Motor Speedway on Sunday for the second consecutive year when a thrilling wheel-to-wheel battle with Pato O’Ward came to a sudden halt by a crash behind them. Newgarden and O’Ward — at one point the only two drivers on the lead
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Superchargers are seen at a charging station on March 17, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Tesla on Sunday posted its first-quarter vehicle production and delivery report for 2023. Here are the key numbers from the electric vehicle maker:
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9:53 AM ET MELBOURNE, Australia — Haas’ protest over the result of the Australian Grand Prix has been thrown out by the FIA’s stewards, meaning the race classification is now official. The race finished with two red flags in the last four laps — the first of which led to a messy restart on lap
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While we know what the hottest-selling vehicles in the U.S. are every year, less has been reported about generational preferences. It only makes sense that people in different stages in life would gravitate toward different vehicles. Registration data collected by S&P Global Mobility and first reported by Business Insider shows the most popular picks across
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