COLLECTING CARS BREAKS RECORD FOR ONLINE-ONLY CAR AUCTIONS
Nov 11, 2021
COLLECTING CARS BREAKS RECORD FOR ONLINE-ONLY CAR AUCTIONS Online marketplace Collecting Cars has broken the global online-only car auction record, selling a 433-mile McLaren P1 for an incredible $1,600,888. No other online-only platform for collectible cars has ever achieved a higher sales price. ... Continue reading
Nov 11, 2021
ATLANTA, Nov. 9, 2021 -- LexisNexis® Risk Solutions today announced a new analysis of the relationship between Advanced Driver Assistance Systems (ADAS) features and U.S. auto insurance claims, which counters common insurance industry sentiment that ADAS repair costs offset ADAS loss cost benefits. ... Continue reading
Nov 10, 2021
Free brand exposure is great for your company but unless we receive a share of your paid advertising, we won't be around to promote your products gratis . For your information The Auto Channel audience of over 500,000 and our Domain Ranking is so important to GOOGLE SEO automotive seeking companies that they pay us $2- ... Continue reading
Evergrande officially defaulted - DMSA is preparing bankruptcy proceedings against Evergrande Group
Nov 10, 2021
BERLIN, Nov. 10, 2021 -- China Evergrande Group today again defaulted on interest payments to international investors. ... Continue reading
Hyundai Earns 2021 Newsweek® Accolades for Overall Brand, Santa Cruz and Elantra Models
Nov 10, 2021
FOUNTAIN VALLEY, Calif., Nov. 10, 2021 -- The Hyundai brand has won the 2021 Newsweek Autos Awards Best Brand for your Buck honor, while Hyundai's Santa Cruz and Elantra models have won the categories for Best Small Pickup Truck and Best Small Car, respectively. ... Continue reading
Rivian Announces Pricing of Upsized Initial Public Offering
Nov 10, 2021
Rivian Automotive, Inc. (“Rivian”) today announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. In addition, Rivian has granted the underwriters a 30-day option to purchase up to an additional 22,950,000 shares of Cl ... Continue reading
Carvana Debuts Newest Car Vending Machine in Utah
Nov 10, 2021
newest Car Vending Machine in Salt Lake City. ... Continue reading
Cox Auto News Roundup November 9, 2021
Nov 9, 2021
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. The Manheim Used Vehicle Value Index (MUVVI) saw a surprising and historic increase in October. ... Continue reading
Nov 9, 2021
This Feature story was updated on 5 November 2021 to reflect the changes made to the EV Tax Rebate provisions of the Build Back Better bill as released by the U.S. House on 3 November 2021. The new version makes the following revisions: Limit of 1 EV tax credit per taxpayer per year Lowering the income thresholds (now ... Continue reading
Nov 9, 2021
CHICAGO, Nov. 9, 2021 -- Cars.com Inc. ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, has closed the acquisition of CreditIQ, announced last week. ... Continue reading
Dodge Announces 'Never Lift' Business Plan; the Muscle-car Brand's Two-year Look Down the Road
Nov 8, 2021
DETROIT, Nov. 8, 2021 -- Dodge Brand Chief Executive Officer Tim Kuniskis today previewed the brand’s two-year Never Lift business plan. ... Continue reading
Is There One Auto Parts Seller Whose Head Is Not Up Their Ass?
Nov 7, 2021
The Auto Channel is looking for a long term exclusive partnership with an established full service e commerce auto parts company. The Auto Channel will promote and your company will fulfill. ... Continue reading
Why Gasoline Prices Are Rising - "Demand Is Outpacing Available Supply" - Didn't Used To - Why Now??
Nov 7, 2021
SEE ALSO: Electric Vehicles Solution Or Diversion? 1. The API says we are short about 2 million barrels of Oil a day to meet our needs. ... Continue reading
2021 Lexus ES AWD Review By Larry Nutson
Nov 6, 2021
2021 Lexus ES Now with All-Wheel Drive Lexus’ total sales of their passenger car and utility vehicle model range is up 48 percent for the first half of 2021. Passenger car models make up about 26 percent of the total. ... Continue reading
Lendingtree Guest Post: Where Borrowers Are Taking Out the Longest Auto Loans
Nov 5, 2021
In the past three years, consumers closing out auto loans on the LendingTree platform financed their vehicles for an average of 62.9 months — or just more than five years. But in some metros, buyers are tacking on as many as 3.5 months onto that average. ... Continue reading
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