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Used-car sales pick up pace after slow start to 2024

Auto Remarketing

The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. million used-car sales from franchised and independent dealers in January, per NADA estimates in the Kontos report, was down 6.3% softer than January 2019. It was off 7.5%

Used Cars 116
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2024 Fiat 500e Gets US Visa, $32,500 City Car Advertised With 149-Mile Driving Range

autoevolution

Sergio Marchionne famously said that Fiat Chrysler Automobiles lost a staggering $14,000 every time someone bought one, which is a staggering amount of money for a pint-sized electric vehicle that used to retail at $32,500. Remember the original 500e? continue reading. )

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U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

AutoSuccess

This indicates that dealers feel pressure to lower prices while still facing challenges in offering the value consumers expect, as incentives remain below 2018 and 2019 levels. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic.

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332,000 Jeep, Alfa Romeo, Fiat Vehicles Recalled in the US Due to Safety Concern

autoevolution

332,000 vehicles produced by Fiat Chrysler Automobiles and the succeeding Stellantis group for the US market have been hit with a safety recall. Said cars and sport utilities feature a seatbelt buckle switch sensor that may be improperly connected, preventing the airbag from deploying as intended in the event of a crash.

Vehicle 52
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NADA Urges Congress to Pass Catalytic Converter Anti-Theft Legislation

AutoSuccess

The National Automobile Dealers Association (NADA) , joined by 120 other organizations representing the auto industry, consumer advocates and law enforcement, sent a letter to congressional leaders urging passage of federal legislation to combat catalytic converter theft. 154) introduced by Sens. 154) introduced by Sens.

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Bugatti W16 Mistral Goes 21 MPH Faster Than Expected To Set New 282-MPH Roofless Top Speed Record

Jalopnik

Back in 2019 after absolutely destroying the production car top speed world record with the Chiron Super Sport , the first car to hit the 300-mph mark , then-president of the brand Stephan Winkelmann said the French marque was done chasing top speed records.

Car 58
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South African tire market balances production growth and import challenges

Tire Review Magazine

2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. According to the U.S.