US Auto Sales July 2017 - Down Down Down
Jul 27, 2017
Auto Sales Expected to Take the Biggest Hit of the Year in July, Edmunds Forecasts High inventory levels could bring compelling model-year-end deals as automakers attempt to kick life into sluggish market ... Continue reading
Card Skimming Devices At Fuel Pumps On Rise in Florida
Jul 27, 2017
Many retailers use the NACS WeCare Tamper-Evident Decals to reduce the risk of skimming at fuel dispensers. The tamper-evident labels are placed on dispenser door entries, ... Continue reading
Automotive Financing and Remarketing: Is the Bubble About to Burst?
Jul 25, 2017
CARMEL, Calif.—New car sales have reached a plateau, automotive consumer debt is at a record $1.2 billion, and used car values are at their lowest levels in 6 years. Some analysts fear a bubble. ... Continue reading
Consumers will pay the price for electric vehicle quotas
Jul 25, 2017
MONTREAL, July 25, 2017 The electric car sales quotas imposed on manufacturers by the Quebec government will eventually increase the marginal cost of conventional vehicles by $1,100, reveals a Viewpoint published today by the MEI. Consumers will end up paying this "tax" through higher car prices. ... Continue reading
2017 Genesis G90 Earns Total Quality Award From Strategic Vision
Jul 20, 2017
FOUNTAIN VALLEY, Calif., July 20, 2017 -- The 2017 Genesis G90 won a Total Quality Award as the highest quality vehicle in the luxury car segment by car buyers in Strategic Vision's annual Total Quality Impact (TQI) report based on results from its New Vehicle Experience Study (NVES). In addition, the Genesis G90 recei ... Continue reading
Volkswagen Group Delivers 5.2 Million Vehicles In First Half Of Year
Jul 20, 2017
Up to the end of June, the Volkswagen Group handed almost 5.2 million vehicles over to its customers. This corresponds to a rise of 0.8 percent compared with the previous year. ... Continue reading
2017 Chrysler Pacifica Touring L Plus Review +VIDEO By John Heilig
Jul 20, 2017
The Auto Channel REVIEWED MODEL: 2017 Chrysler Pacifica Touring L Plus ENGINE: 3.6-liter V6 TRANSMISSION: 9-speed automatic HORSEPOWER/TORQUE: 287 hp @ 6,400 rpm/262 lb.-ft. @ 4,000 rpm WHEELBASE: 121.6 in. ... Continue reading
Carvana Puts the Pedal to the Metal in the Motor City with Detroit Launch
Jul 19, 2017
Carvana Launches in the Motor City, Bringing Detroit a New Way to Buy a Car Starting today, Detroit area residents can search through the 7,000+ vehicle inventory on Carvana.com, finance, purchase and schedule home delivery of their vehicle as soon as the next day. ... Continue reading
Tropos Technologies Launches Cenntro Compact Electric Utility Vehicle in US
Jul 19, 2017
SAN JOSE, Calif., July 19, 2017 -- Popular in Europe and Asia, the first modular compact electric utility vehicle (CUV) from Cenntro Automotive Corporation is now available to the US market, through distributor Tropos Technologies and their dealernetwork. Called the METRO, the all-electric vehicle is a highly flexible, ... Continue reading
How much is that old Volkswagen worth, anyway?
Jul 18, 2017
Always wanted to own a classic 1967 Volkswagen Beetle? Been looking for a vintage VW Microbus to relive the nostalgia of the 1970’s? While the market can count on new cars substantially getting better year-over- year, the collector car market ebbs and flows in ways that can puzzle even the experts. “The collector c ... Continue reading
J.D. Power Analysis: As June's Used Car Values Mildly Depreciated, New Car Sales Dropped
Jul 17, 2017
MCLEAN, Va., July 17, 2017 -- Analysts at J.D. Power Valuation Services note in their July 2017 Used Car and Light Truck Guidelines Industry Update that wholesale depreciation was historically normal in June and declined by an average of 2.2 percent. Highlights from the free monthly report also point out: The J.D. Powe ... Continue reading
2017 Mitsubishi Outlander Expert Review By Larry Nutson
Jul 14, 2017
2017 Mitsubishi Outlander Another three-row SUV choice By Larry Nutson Senior Editor and Bureau Chief Chicago Bureau The Auto Channel (DSC_8736) The choice of new vehicles offered on the U.S. market today is a virtual smorgasbord. Trying to decide on how to “fill your plate” can be mind-boggling. ... Continue reading
Vroom Raises Another $76 Million
Jul 13, 2017
NEW YORK—Vroom (www.vroom.com), the national online auto retailer, announced a $76 million Series F funding round with certain funds and accounts advised by T. Rowe Price Associates, Inc., L Catterton, General Catalyst Partners and PICO Venture Partners. Today’s financing brings Vroom’s total equity funding to $2 ... Continue reading
BMW Group global sales achieve best-ever June and first half-year
Jul 12, 2017
Munich. BMW Group sales achieved their best ever June, with sales in the month totalling 232,620, a 2.1% increase year-on-year. ... Continue reading
New Auto Industry Keywords: Flexibility with Participation
Jul 12, 2017
The result is likely to be a few big winners out of the new “Wild West” vehicle environment. And those are the competitive ones with the flexibility to interact that can capture consumer interest. ... Continue reading
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