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Time To Buy? New Vehicle Inventories And Incentives Are Up

The Truth About Cars

After several years of swelling vehicle prices and tragically lean inventories, the market has reached a point where dealer lots are getting full and consumers are becoming disinclined to go into quite so much debt in order to purchase a new automobile. In 2019, the average monthly payment on a new automobile was $566, a 3.4-percent

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. million units in March 2020, down by 39% from March 2019. And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays.

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Toyota and Suzuki enter into capital alliance agreement; collaboration to focus on new fields such as autonomous driving

Green Car Congress

Toyota plans to acquire 24,000,000 shares of common stock in Suzuki (4.94% ownership of the total number of shares issued by Suzuki as of 31 March 2019 (excluding treasury shares) with a total value of JPY 96 billion, or US$905 million) by underwriting the disposition of treasury shares by way of third-party allotment conducted by Suzuki.

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Spotify’s Car Thing Is a Cautionary Tale About Connected Automotive Products

The Truth About Cars

If you’re unfamiliar with what the product is due to the vague nature in which it was marketed, Car Thing is basically a Bluetooth remote relay for the Spotify app running on your phone and the speakers in your automobile. and required one to purchase a premium subscription from Spotify — which is currently $10.99

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Sale of Opel and Vauxhall to Groupe PSA finalized

Green Car Congress

The sale of Opel Automobile GmbH with its brands Opel and Vauxhall by General Motors to Groupe PSA has now been finalized. We will assist Opel and Vauxhall’s return to profitability and aim to set new industry benchmarks together. They are the perfect fit to our existing portfolio of French brands Peugeot, Citroën and DS Automobiles.

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How COVID modified dealership crew AutoIQ — for the simpler

Baua Electric

In 2019, the corporate underwent a restructuring that integrated appointing Ojamae, bringing all its dealerships underneath one organizational umbrella and growing the corporate’s logo identify — AutoIQ. With automobiles in decrease provide, margins went up life bills went i’m sick. Now, I don’t see us ever dropping it.”

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Ferrari Announces Changes to Lineup, 812 and SF90 Discontinued

The Truth About Cars

Ferrari has furnished its second-quarter earnings reports and it turns out that wealthy people are indeed still buying $500,000 automobiles. At any rate, it's one of the only brands in existence that still moves a decent number of drop-top automobiles and has been attempting to prioritize them as it looks to revise the lineup.

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