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Media post: Tyrell Evans Explains the Evolution of the Used Luxury Car Market in Ontario Since the Pandemic

Best Selling Cars Blog

Tyrell Evans noted, “The market for used luxury cars grew as consumers looked for deals that offered more value for their money without compromising on quality or status.” This rise contrasts with the new car market, which experienced more significant supply chain disruptions leading to inventory shortages.

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Media post: Global Car Sales Trends: What to Expect in 2025 and Beyond

Best Selling Cars Blog

Car sales face the impact of global economic tendencies, technological innovations and changes in customer preference which are reshaping the niche landscape. Progress in battery technology which make the car more affordable for a wider customer base. Currently, the automotive sector is currently undergoing a new milestone.

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Dealers Brace For The Next Pandemic-Related Supply Issue: Fewer Lease Returns

Carscoops

The number of lease turn-ins—crucial for new vehicle sales, certified pre-owned programs, and customer retention—will plummet. This shortfall risks losing loyal customers who typically move seamlessly from one lease to the next, potentially impacting future sales. In 2021, leasing rates went from one in three to one in six.

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GM And Hyundai Want To Make Cars Together

Carscoops

Hyundai and GM signed a Memorandum of Understanding (MoU) to explore collaboration opportunities on future vehicles, supply chain improvements, and clean-energy technologies. If successful, this partnership could enable the automakers to offer a broader range of vehicles to their customers more quickly than before.

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Australian port strikes over, but new car buyers could still face delays

CarExpert

The latest round of industrial action at some of Australias ports has been resolved, but it could still see the delay of new cars being delivered to customers. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.

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Ford Cuts F-150 Lightning EV Production To Prioritize Gas-Powered Ranger And Bronco

Carscoops

advertisement scroll to continue On Friday, Farley promoted the decision to cut F-150 Lightning production as a demonstration of Ford’s ability to adapt to evolving market demands “We are taking advantage of our manufacturing flexibility to offer customers choices while balancing our growth and profitability.

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Most Discounted Car Brands For Memorial Day Weekend

Carscoops

Memorial Day dealer sales appear ready to offer customers more than usual. Now, it seems as though dealers are ready to deal again as 2023 model-year inventory languishes on lots across the nation. For now, it seems that some of them have gone back on that and good deals are available as a result.