Doug DeMuro explains why the idea of keeping and maintaining a car forever doesn’t really make sense—financially or emotionally.
Domino's Pizza will have 855 custom-branded Chevrolet Bolt electric vehicles on U.S. roadways delivering pizza by the end of 2023.
Online used-vehicle dealer faces a mountain of financial and legal challenges.
As used-car prices ease from all-time highs, higher interest rates are ramping up monthly payments.
Between inflation, labor shortages, supply chain woes and more, people have a lot to navigate, and these difficulties are amplified for organizations.
All of these factors translate into challenges for businesses, like an updated customer profile, limited talent pool, lack of inventory or the struggle to compete for attention in the midst of crises.
If you’ve got a kid or a friend who wants to learn how to drive stick, here’s a simple way to explain the process.
If you've been driving stick for awhile, chances are someone's asked you to teach them how to do it as well. It might sound like a daunting task, but this quick video explainer from Wyatt Knox at the Team O'Neil Rally School is a good template for teaching how to drive manual quickly and effectively.
The answer is likely not something you want to hear, and a reason to be very careful when you're buying a used car.
The lemon law makes automakers buy back defective cars. But what happens to those cars might surprise you–especially if you unknowingly bought one.
With a financial crisis and the rise in inflation, dealerships are having to lower the price of used cars, with SUVs and luxury cars hit hardest.
The recent years look more like a Hollywood play than a reflection of reality. We had to deal with the global COVID-19 pandemic, which led to problems with the supply chain, semiconductor shortage, delays, and then we had a financial crisis followed by inflation.
TrueCar Inc. TRUE, -4.13%, the online platform to buy and sell new and used autos, said August sales data suggests the auto industry, which has been plagued by supply problems stemming from chip shortages and logistic issues, "may be turning the corner." Total new vehicle industry sales in August were expected to be up slightly from July and up 9% from a year ago, while used vehicle sales are expected to be up 4% from July but down 17% from last year.
It was Nov. 22, 1963. I was sitting in Mr. Crohn’s chemistry class, bored out of my mind and wishing I was anywhere else. A burst of static from the PA system interrupted the lecture. It sounded like somebody was trying to tune in a radio station. The static cleared up and a voice announced that President Kennedy had been shot.
No details followed. I sat there in class with 30 other 16-year-old kids in total shock. Some of us were crying. I know I did, briefly. We were scared. Was this the beginning of World War III? We began asking questions that have never been answered. Kennedy had been killed and his assassin was murdered before he could go to trial. It seemed all too convenient that the facts and details we needed were buried forever.
I hate to be the bearer of bad news, but after several months of a decline, the average price of used cars sold in America actually increased in July to $28,219, according to Kelley Blue Book.
That’s an 11 percent increase over the same time last year. In mid-April, prices were up 28 percent over the same time in 2021.
The supply of unsold used vehicles on dealer lots across the country stood at just 2.46 million vehicles. That isn’t a lot comparatively, but it is right about where we were at the end of June.