WASHINGTON, D.C. – Now that spring car-buying season has swung into full gear, many people are going out and attempting to score a deal on a pre-owned vehicle; unfortunately, they're not likely to find one, as a new report indicates prices in the market are remaining stubbornly high and are refusing to budge. Edmunds’ new report, “Used Market Enters Uncharted … [Read more...] about Used Vehicle Prices Remain “Historically” High This Spring Car-Buying Season
Mercedes-Benz Introducing New Line of Luxury Electric Vans
SANDY SPRINGS, GA - Mercedes-Benz has announced that they will be launching a complete line of fully-electric vans in 2026 – dubbed Van.EA – that will be based on a newly-developed, fully scalable architecture that will be used as the basis for a variety of vehicle types, ranging from mid-sized luxury vans to full-size cargo and camper vans. Mathias Geisen, head of … [Read more...] about Mercedes-Benz Introducing New Line of Luxury Electric Vans
Toyoda to Debut Next-Gen EV at the Japan Mobility Show Later This Year
After being on the receiving end of criticism for its reluctance to enter the electric vehicle (EV) field in favor of steadfastly manufacturing internal combustion engine vehicles and various hybrids, Toyota is finally set to enter the fray, with the Japanese automotive manufacturer set to show off its next generation EVs at the Japan Mobility Show in October. Toyota's … [Read more...] about Toyoda to Debut Next-Gen EV at the Japan Mobility Show Later This Year
Prices of New Cars Becoming Unaffordable for Many Americans; Best Time To Buy: May
DETROIT, MI - As the prices of new cars continue to increase, many Americans are unfortunately finding themselves being priced out of the market, with the lowest earners in the country currently finding their dream of owning a new vehicle slipping further and further out of reach to the largest degree in the past decade. In March 2023, the average price of a new car in … [Read more...] about Prices of New Cars Becoming Unaffordable for Many Americans; Best Time To Buy: May
JD Power Survey Shows Growing Number of Americans Do Not Want Electric Vehicles
WASHINGTON, D.C. – While electric vehicles (EVs) indeed seem like a vision of the future come to life in modern times and are being embraced by an increasingly-larger segment of society – in addition to being backed by federal environmental mandates to further speed along their adoption – a new JD power survey indicates that a growing number of Americans do not want EVs, and … [Read more...] about JD Power Survey Shows Growing Number of Americans Do Not Want Electric Vehicles