Remove Buy Remove Dealers Remove Price
article thumbnail

General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

Dealer enrollment begins immediately, and the consumer launch is expected to begin in spring 2022. CarBravo will give customers more choice and access to shop significantly expanded inventories of both the dealer and a national central stock of GM used vehicles.

article thumbnail

Tesla (TSLA) receives “Buy” rating and higher price target from Jefferies

Teslarati

Tesla shares ( NASDAQ:TSLA ) are gaining momentum on Monday following a “Buy” rating and an updated price target from Jefferies. The investment bank, for example, lowered its rating on German automaker Daimler to a “Hold” while cutting its price target from €95 to €82 per share.

Buy 144
article thumbnail

Car Buyers Fight Back With Dealer Markup Tracker

CleanTechnica EVs

Buying cars in 2022 can be a huge headache. Not only are some cars hard to find at all with dealers selling out of popular models, but there’s also the issue of dealer markup. This is when a dealer sells a car for more than the MSRP, or Manufacturer’s Suggested Retail Price.

Dealers 138
article thumbnail

CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.

Supplies 252
article thumbnail

CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. in July based on official CAAM statistics.

Price 243
article thumbnail

Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. The above global expansion has been made possible thanks largely to its share price absolutely exploding after 2020.

Dealers 104
article thumbnail

Used EVs Coming Down In Price

CleanTechnica EVs

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

Price 126