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Nobody Needs Used EVs, Making New Ones a Tougher Sell Too

The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don’t want to buy used electric vehicles, and that’s undermining the market for new ones, too.In the $1.2 trillion secondhand market, prices for battery-powered cars are falling faster than for their combustion-engine cousins. Buyers are shunning them due to […]

US New Vehicle Sales Expected to Shine with 15.4% Surge in August

A recent industry report from renowned consultants, J.D. Power and GlobalData, indicates a projected upswing in new vehicle sales within the United States for the upcoming month of August. This surge attributed to an enhanced supply chain and robust demand for personal transportation solutions. The comprehensive report forecasts that new vehicle sales in the U.S. […]