Recalls are nothing new in the automotive space, but as cars become more complex, the number of recalls will increase accordingly. The top ten worst offenders recalled more than 25 million vehicles in total, according to data from the National Highway Traffic Safety Administration (NHTSA). Tesla recalled the most vehicles,
As the automotive landscape changes, 2025 will bid farewell to several beloved car models. Their retirement signifies not just the end of production, but also trends like the rise of electric vehicles and shifting consumer preferences towards SUVs. Each discontinued car has left its mark through performance, design, and affordability.
The new Toyota EV strategy is making waves in the global automotive market, but its focus is strikingly different depending on the region. While U.S. buyers see limited electric vehicle options and production delays, China benefits from Toyota’s bold moves with the affordable bZ3X—a feature-packed electric SUV starting at just
Auto Market Update – December 14, 2024 As we near the end of 2024, the automotive market continues to show steady depreciation patterns across key segments. This week, wholesale vehicle depreciation was slightly higher than the previous week, indicating market stabilization after consistent declines in recent months. Auction sales and
Reliability matters when buying a new car. No one wants to spend their weekends at the mechanic or break the bank on unexpected repairs. For 2024, certain brands missed the mark, leaving customers frustrated and wallets lighter. We’ve compiled a list of the 12 least reliable car brands of 2024,
Auto Market Update – December 10, 2024 The first week of December saw a significant increase in market depreciation rates following the brief stabilization observed during Thanksgiving week. Vehicles across various age groups experienced declines, with 2-to-6-year-old vehicles showing a depreciation of 0.37%, compared to 0.31% the prior week. Cars
Buying a car out of state can be a great way to save money or access a broader selection of vehicles. However, not all states are created equal when it comes to taxes, fees, and ease of purchase. Here’s a comprehensive guide to the best and worst states to buy
Auto Market Update – Week of December 3, 2024 Introduction The first week of December brings steady market dynamics, with moderate depreciation trends, stable auction activity, and efficient inventory turnover. This week also highlights significant industry news, from legendary car collections being sold to Pope Francis’s first electric popemobile and
How Audi’s Bold Rebranding is Shaping the Future of Luxury EVs The Significance of Rebranding Audi’s recent rebranding signals a bold step into the future, embracing the electric vehicle (EV) era while redefining its identity to resonate with modern, tech-savvy consumers. By revamping its image and targeting younger drivers, Audi
Auto Market Update – November 26, 2024 As we near the end of November, the auto market reflects typical late-year patterns, with depreciation trends stabilizing and a focus on high-demand segments. This week’s highlights include an in-depth look at price trends across segments, the used retail market, and an analysis
Chinese electric vehicles (EVs) are finally making waves in the U.S. market, and they’re bringing more than just competitive prices. With automakers like BYD, SAIC, and Geely leading the charge, there’s growing interest—and concern—over how these brands will perform in a market dominated by Tesla, GM, and Ford. However, entering
As we move further into November, the automotive market continues to experience the seasonal fluctuations and trends that shape vehicle pricing and inventory dynamics. This week, we’re diving into the latest wholesale price movements, truck and SUV segment activity, and retail inventory patterns, alongside a look at Tesla’s groundbreaking innovations
Black Friday is one of the best times to shop for a car, with dealerships promising huge discounts and irresistible offers. But are all those deals as great as they seem? Unfortunately, some promotions are more about marketing gimmicks than real savings. This guide is specifically designed for car buyers
November 2024 Auto Market Update – Insights from November 12th, 2024 This November, wholesale prices in the automotive market have shown stability, with transaction rates beginning to balance. However, a sharper depreciation was noted in the car segment, particularly in budget-friendly categories like compact and full-size cars. Meanwhile, truck and
Practical 7 Steps Guide: How to Spot if a Car Was in an Accident Here’s a simple, hands-on guide to help you spot signs of a past accident. Follow these quick steps like a true appraiser: 1. Examine Paint and Panels 2. Check for Uneven Gaps 3. Inspect Headlights and
Introduction November 2024 brings a range of significant developments within the auto market. As we progress through the fourth quarter, seasonal trends and broader economic factors are affecting wholesale prices, retail dynamics, and auction activities. Here’s a breakdown of the key changes shaping the automotive landscape this month. Quick Stats
How to Check if a Car Was in an Accident: Essential Guide for Used Car Buyers Buying a used car can be a great decision, but one question every buyer should ask is, “How do I check if a car was in an accident?” Whether the vehicle has been well
October 2024 Auto Market Update—Week Ending October 29th Introduction In the final week of October, the auto market continued to adjust as wholesale prices softened across both car and truck segments. With seasonal demand stabilizing, certain segments saw sharper price declines, influenced by broader inventory levels and steady auction activity.
DOWNLOAD THE “Is It Safe to Buy a Car That’s Been in an Accident?” PDF Should You Buy a Car That Has Been in an Accident? When you’re on the hunt for a used car, it’s common to come across vehicles with an accident history. For many buyers, seeing an
October 2024: Auto Market Update – Week of 10/22/24 The automotive market in the third week of October 2024 continued its seasonal adjustments, with wholesale prices experiencing further declines across both car and truck segments. Market behavior this week reflects expected trends as we move further into fall, where price
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