Tips & Advice
Year End Report: 2023 Wraps Up with 5% Dip in Used Car Prices
As 2023 draws to a close, used car prices drop by 5%, providing a silver lining amidst high interest rates. Strengthened supply chains and higher new car production contribute to this favorable decline. A promising trend for buyers, with projections pointing to continued affordability in 2024.
By Dabbie Davis
latest news
Volkswagen China growth slows to 10 percent due to capacity limits
Volkswagen AG's (VOWG_p.DE) growth in China is expected to slow to around 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, the head of its Chinese operations said on Tuesday.
Toyota aims to replicate Prius success with fuel cell Mirai
Toyota Motor Corp (7203.T) will introduce its first mass-market fuel cell car next month, hoping to replicate the success of its Prius hybrid with a vehicle that runs on hydrogen instead of gasoline.
Ford shares poised for a rebound: Barron's
Ford Motor shares may be in for a rebound and could climb 30 percent in a year, said Barron's financial newspaper in its edition to be published Monday.
U.S. House set to pass Keystone, but Senate a vote shy
The Republican-led U.S. House of Representatives prepared to approve the Keystone XL pipeline on Friday, but a similar bill struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.
Safety advocate urges GM switch fund to intensify victim outreach
A car-safety advocate on Wednesday urged the lawyer overseeing General Motors Co's program to compensate victims of accidents linked to a faulty ignition switch in its vehicles to take a more active approach to finding cases of injury or death.
By JESSICA DYE
Ford Europe chief and global marketing head to switch jobs
Two of Ford Motor Co's (F.N) top executives will switch positions, the U.S. carmaker said on Friday, as new boss Mark Fields looks to develop senior managers.
