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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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Typical price increases may not happen this year, Black Book says.
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CDK Global’s monthly purchase scorecard highlights buying trends in light of rising interest rates, inflation.
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U.S.-Canada corridor would span about 900 miles between Michigan and Quebec.
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Class-action payouts to total more than $200M among nine million owners.
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Interest rate hikes, other economic pressures, probably led to decline, Cox says.
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Automakers would have to include it or inform buyers of its absence before bill passed.
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Q1 statistics show market hasn’t returned to prepandemic norms.
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The two automakers' recalls affect a combined total of 530,000 vehicles that have experienced operational issues posing safety risks.
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April surge stands out among industries as economy absorbs interest rates drag.
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