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Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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SEARCHMENUSEARCHWhile North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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Acquisition of Rybrook Group LTD includes dealerships representing BMW, MINI, Volvo, Land Rover and Porsche brands.
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Led by a drop in commercial fleet deliveries, decline was more widespread than Detroit.
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Prices were off, though demand proved steady in wholesale, Cox Automotive says.
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Consumer Reports highway testing shows many fall well short of EPA estimates.
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California Framework Agreement with other automakers puts automaker at competitive disadvantage, company says.
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Supply hits 20-month high in November as SAAR falls from October, NADA says.
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Wholesale price depreciation picked up last week in both the car and truck segments.
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Danish workers join with Swedish union members in pressing EV maker to improve pay, working conditions.
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GM says popular brand cultivates loyalty, brings in new customers.
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Auto sales platform fully absorbs Texas-based digital automotive wholesale business.
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