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VFACTS December 2024: Sales bump helps set annual record

CarExpert

A total of 99,666 new vehicles were sold in Australia in December 2024, according to data from the Federal Chamber of Automotive Industries (FCAI) and the Electric Vehicle Council. December 2024 new-vehicle sales were up even as many Australians struggle with the rising cost of living. This was an increase of 1.1 per cent on 2023.

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Insurance Companies Are Writing Off Cars Faster Than Ever After Accidents

Carscoops

That number represents a bump of 42 percent compared to just five years ago. The automotive industry’s relentless push for safety technology. Insurance companies are quickly writing off cars due to rising repair and tech costs. The real reason?

Insurance 105
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New Car Transaction Prices Soar Toward Record Highs

Carscoops

bump from $49,010 in November 2024 and a significant rise (+3.4%) compared to $48,082 in December 2023. of monthly industry sales, according to Cox Automotive. Cox Automotive / KBB SWIPE Several other brands have experienced significant increases in prices. Cox Automotive / KBB SWIPE Acura $54,024 $54,004 $50,418 0.0%

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Saudi Arabia’s Goal Of Becoming An EV-Producing Hub May Hit Speed Bump

Carscoops

But when your country has little track record of automotive production, let alone the infrastructure for EVs, things may not go as smoothly as one hopes. Lucid currently holds the only automotive factory based in the kingdom, where it reassembles vehicles that are first built in Arizona.

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Outback-ready Ineos Grenadier Quartermaster ute scores Aussie upgrades

CarExpert

Ineos Automotive has revealed its first local special project build a one-off dual-cab tough-truck that showcases a range of adventure-ready equipment in partnership with a range of Australian accessory suppliers. A full list of the extra equipment is at the bottom of this story.

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Maserati Biturbo Shamal Restomod Combines 80s Italian Flair With 21st-Century Speed

Carscoops

Power has been bumped from the stock 404 hp (302 kW / 410 PS) to 493 hp (368 kW / 500 hp), while retaining the same 550 Nm (406 lb-ft) of torque. According to the company, it’s made up of “managers, entrepreneurs, and technicians with extensive experience in prestigious automotive companies from Italy’s Motor Valley.”

Bump 111
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Service departments hit annual ‘bump in the road’

Auto Remarketing

The “bump in the road” service departments at franchised dealerships often feel in February happened again this year, according to a recent analysis of Xtime metrics by Cox Automotive. February is typically a bump in the road for service departments, with low consumer spending,” Chadwick said. reflecting a 1.6% marking a 4.1%

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