Auto Service World

FEBRUARY 20, 2025

With the global vehicle repair and maintenance market steadily growing, building a scalable, well-structured business is essential for long-term success. Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments.

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Auto Service World

JANUARY 14, 2025

A program designed to encourage Canadians to buy zero-emission vehicles will pause by the end of this quarter as planned. CADA, the Global Automakers of Canada and the Canadian Vehicle Manufactures Association (CVMA) hosted a press conference on Jan. per cent in 2019 to 11.7 per cent in 2023 , according to the federal government.

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Auto Remarketing

APRIL 28, 2025

Do electric vehicles really offer a lower cost of ownership than gas-powered vehicles? The study analyzed eight cost factors to calculate vehicle cost of ownership: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. Thats actually up from three the previous year.

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Automotive Training Centre

DECEMBER 12, 2023

From the rise of electric vehicles to the integration of artificial intelligence into vehicles, the landscape is evolving at an unprecedented pace. Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases.

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AutoSuccess

MARCH 19, 2025

With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. By comparison, EVs only made up 2.11% of new vehicle leases in Q4 2020. In Q4 2024, the average interest rate for a new vehicle was 6.35%, down from 7.16% a year ago.

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Finance Banking Vehicle Electric Vehicles 52

Jalopnik

MAY 22, 2024

An analysis of British road traffic accidents in a recent study concluded that battery electric vehicles and hybrids are significantly more likely to strike pedestrians than gas or diesel vehicles. According to data compiled from 32 billion miles of BEV and HEV travel and over 3 trillion miles traveled in gas and… Read more.

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Auto Remarketing

JUNE 3, 2025

Electric vehicles appear to be losing some juice with consumers, if AAA research is taken at face value. adults report being very likely or likely to purchase a fully electric vehicle (EV) as their next car. Since we began tracking interest in fully electric vehicles, weve seen some variability, AAAs Greg Brannon said.

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Electric Vehicles Electricity Finance Retail 52

Auto Service World

MARCH 29, 2025

In response, dealerships are investing in digital tools that offer virtual walkarounds, online financing, and even at-home test drives. Personalised Experiences Modern buyers value customisationnot just in the vehicles themselves but also in the buying journey.

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RepairSmith

NOVEMBER 14, 2024

Let’s dive into how electric cars can be a positive choice for both the planet and your finances. How Do Electric Cars Benefit the Environment? In contrast, electric vehicles (EVs) produce zero tailpipe emissions. This shift enhances the ecological advantages of driving electric.

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Jalopnik

OCTOBER 4, 2024

Chevrolet's entry level EV offers great range and performance at an affordable price.

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Jalopnik

MARCH 8, 2024

The new R2 SUV is coming in 2026 followed by the R3 and R3X at a later date.

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AutoSuccess

OCTOBER 10, 2024

Credit unions remain cautiously optimistic about the auto finance landscape through the end of 2024. Most do not anticipate improvements in liquidity and delinquency crises or significant impacts from lowered interest rates until mid-2025, as per CULA’s recent “Future of Auto Finance – The Next Six Months” survey.

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Jalopnik

MAY 22, 2024

Good morning! It’s Wednesday, May 22, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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Brake & Front End

JUNE 30, 2023

Managed by the new Stellantis Charging and Energy Business Unit, Free2move Charge addresses electric vehicle customer needs at home, in their business and on-the-go. “As Free2move Charge Home delivers private customers support with installation, financing and warranty of home charging and other energy hardware and services.

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Jalopnik

FEBRUARY 6, 2025

Mercedes-Benz has spent a lot of time and billions of dollars bringing its five electric vehicle offerings stateside. Unfortunately, no one really seems to care, and because of that, theyre all flopping hard. In 2024, the EQB crossover saw a 36 percent sales drop, the EQE saw a 39 percent drop and the flagship EQS Read more.

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Jalopnik

JANUARY 4, 2025

These days, it seems like all the desirable, interesting cars are staying expensive instead of getting cheap so they can ruin the finances of normal people willing to roll the dice on maintenance and repairs. Those may be bad decisions, but we at least want the opportunity to make them, dammit. The BMW i8 , on the Read more.

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Finance Car Electric Vehicles IT 52

AutoSuccess

APRIL 11, 2025

The automotive industry is experiencing a noticeable shift in consumer behavior and market dynamics, particularly in regard to finance and insurance (F&I) products. One of the most pressing issues facing the industry is the impact of vehicle affordability on F&I product sales. In fact, 28.5% The survey indicates that 12.9%

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Auto Remarketing

JANUARY 24, 2025

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. DCG said hybrid and electric vehicles are undeniably a growth driver and with dealers becoming more receptive to selling these models, we can expect the combined segment to continue to steadily gain market share for the foreseeable future.

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Trucking Finance Automotive Used Cars 52

Jalopnik

OCTOBER 30, 2023

The transition to electric vehicles is supposed to be a matter of when not if. Manufacturers have had supply issues building electric vehicles as well as trouble actually selling the ones they have… Read more.

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Jalopnik

AUGUST 16, 2024

The depreciation of electric vehicles is far steeper than data showed just last year. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. EVs can now lose up to half their value over a single year, based on recent observations. However, the factors… Read more.

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AutoSuccess

FEBRUARY 28, 2025

As we reflect on the 2024 automotive landscape, its clear that dealerships faced a year of significant challenges and transformations, particularly in finance and insurance (F&I). Vehicle service contracts emerged as a focal point.

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Jalopnik

SEPTEMBER 9, 2024

Electric vehicles aren’t cheap yet. I mean, to be fair, no cars are cheap anymore with an average transaction price above $48,000 , but now “luxury” EV makers looking to capitalize on a market looking for cheaper all-electric vehicles.

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Jalopnik

OCTOBER 31, 2023

Norway has been the poster child for the electric vehicle transition. However, the country is beginning to realize the combustion versus electric struggle doesn’t exist in a… Read more. EVs have outpaced gasoline-fueled cars in sales for the past few years , encouraged by generous subsidies and an expansive charging network.

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Jalopnik

JULY 11, 2024

Despite the fact it’s one of the most divisive – if not the most divisive – vehicles on sale today, the Tesla Cybertruck was apparently June’s best-selling vehicle that costs over $100,000. It’s a pretty impressive feat for a truck that a lot of people absolutely hate. Read more.

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Vehicle Trucking Electric Vehicles Finance 61

AutoSuccess

AUGUST 16, 2024

Vehicle leasing has returned to a spirited level of activity on dealer lots this year. Leasing activity and overall penetration has continued to climb, especially in the first quarter as inventory levels normalized further and incentives on electric vehicles accelerated. of new vehicle purchases in Q1, compared with 19.3%

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Jalopnik

NOVEMBER 13, 2023

As it turns out, car dealers seem to know even less than buyers do when it comes to electric vehicles , and they don’t really seem too keen on learning about them. The Washington Post spoke with a number of customers who said dealers tried to redirect them to gas cars or gave them unclear or downright incorrect answers … Read more.

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Jalopnik

DECEMBER 7, 2023

Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. Following the news that Hertz would slow its purchases from Tesla, German competitor Sixt is going a step further , discontinuing purchases… Read more.

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Jalopnik

JULY 3, 2024

For as long as there have been electric vehicles, their critics have disingenuously argued that it’s impossible for EVs to ever take hold in the U.S. until the working class can afford to drive them. Despite that not having been a prerequisite for the proliferation of pricey trucks and SUVs, it’s been a pervasive… Read more.

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Jalopnik

NOVEMBER 6, 2023

The Texas Public Policy Foundation, a conservative organization funded at least in part by Chevron and ExxonMobil, recently published a paper condemning the production and purchase of electric vehicles on the basis that they’re socialist nightmare garbage or whatever. The paper asserts that the true cost of electric… Read more.

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Jalopnik

NOVEMBER 22, 2023

Toyota is still moving forward with its plan to produce solid-state batteries that it says will give future electric vehicles a range of more than 900 miles. And while production won’t exactly start tomorrow, the current plan to begin in 2027 isn’t too terribly far in the future, either. Except, as it turns out,… Read more.

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Jalopnik

OCTOBER 17, 2024

Plug-in hybrids are proving to not be the transitional bridge between gas-powered cars and electric vehicles many folks were hoping for. That’s a damn shame because when used properly, PHEVs are absolutely fantastic. A study from JD Power is shedding new light on how and why customers are unsatisfied with their plug-in… Read more.

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Jalopnik

JUNE 26, 2024

Ferrari plans to offer a $7,500 annual battery subscription for its hybrid and future all-electric vehicles. The extended warranty service is intended to ease concerns about range degradation as the battery-equipped Ferrari models age, Bloomberg reports. The Italian automaker also intends for the service to maintain… Read more.

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Jalopnik

AUGUST 21, 2024

Ford has once again announced a change in its electric vehicle strategy after canceling its plans for a three-row EV in favor of much smaller, more affordable models that might actually be able to make money. Read more.

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Electric Vehicles Electricity Vehicle IT 58

Jalopnik

OCTOBER 23, 2023

California’s Clean Vehicle Rebate Program has helped thousands of buyers get into EVs, but thanks to Tesla’s drastic price drops this year on its cheapest offerings got so many people applied for the program that the funds are already exhausted for the year. Read more.

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Jalopnik

AUGUST 7, 2024

market , has a new feature for electric vehicles that just makes too much sense. Fiat’s new bargain-priced Grande Panda EV , recently released in Europe and potentially headed to the U.S. Instead of relying on a separate cable to juice up your car, one that you probably leave plugged into the socket in your garage… Read more.

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Electric Vehicles Electricity Vehicle Car 61

Jalopnik

FEBRUARY 12, 2024

Much like my heart rate during last night’s Super Bowl , used electric vehicle prices are all over the place , and it doesn’t look like that will change anytime soon. Analysts tell Automotive News that used EV prices will continue to fluctuate, and it’s up to automakers to launch affordable EVs before the current ones… Read more.

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Jalopnik

DECEMBER 3, 2024

Electric vehicles have only really been a major part of the public consciousness for about 12 years from the launch of the Tesla Model S and Nissan Leaf. If you’re looking for something electric to add to your stable to make your commute gasoline-free… Read more. As these machines age they are starting to get pretty dang cheap.

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