US Energy Secretary Worried About China’s EV Market Dominance
As China’s influence in the global electric vehicle (EV) market continues to surge, US Energy Secretary Jennifer Granholm has raised significant concerns over the potential ramifications for American manufacturers. Granholm’s apprehensions stem from China’s adeptness at flooding the market with competitively priced EVs, a move that could potentially undercut the
How Rising Auto Loan Rates Are Affecting Car Buyers in 2024
Why Are Auto Loan Rates Going Up? Once upon a time, not too long ago, snagging a car loan with low interest was almost as easy as finding a coffee shop in a bustling city. But, like a plot twist in a classic tale, the landscape of auto financing began
2022 Volkswagen Jetta Diminished Value Case Study
Let’s dive straight into the heart of the matter: the diminished value of a 2022 Volkswagen Jetta after an accident. It’s a topic that many don’t think about until it directly affects them, but it’s crucial for any car owner to understand. After an accident, even with the best repairs,
Truck Market Q4 2023: Heading Back to Normal?
Imagine the truck market as a vast, bustling highway, where every turn of the year brings new scenery. Recently, this highway has felt more like a roller-coaster—full of unexpected ups and downs. The past few years, with their global pandemics and economic twists, have left everyone asking: What’s next? Now,
Auto Market Update Week Ending Feb 24, 2024
Imagine, if you will, a vast ocean, its surface mirroring the ever-changing skies above. This ocean is not filled with water, but with cars and trucks, each wave representing the fluctuations of the automotive market. Just like sailors navigating through calm and stormy weather, dealers and investors keep a keen
5 Common Mistakes When Filing Diminished Value Claims
Filing for diminished value after an accident can be tricky. Many people miss out on the money they deserve because they make simple mistakes. “Diminished value” (DV) means your car is worth less even after it’s fixed. But getting that money isn’t always easy. You might not know you can