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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. On average, car shoppers in the non-luxury segment paid $410 above sticker price, a slight increase from October.

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Recurrent Auto and Black Book launch EV-centric valuation system for used cars

Teslarati

Recurrent Auto is now offering a program that could very well be the future of valuation for used Tesla models and electric vehicles. A major problem for used electric car buyers is that current valuation systems are designed around ICE vehicles; how often has the vehicle received an oil change? Credit: Tesla.

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Auto dealers bet big on new launches, positive sentiment for car sales boost

Baua Electric

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024.

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How to book Hyundai Creta N Line? A step-by-step guide

Baua Electric

By: HT Auto Desk | Updated on: 02 Mar 2024, 18:08 PM Upon launch on March 11, Creta will become the third model from Hyundai in India to also have an N Line version, after i20 and Venue. Hyundai Creta N Line is based on the latest Creta that was launched early 2024 in the Indian car market. How to book a Hyundai Creta N Line?

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Volkswagen starts update program for ID.4 software in US, with performance improvements and new features

Green Car Congress

4 is Auto Hold. Once drivers bring the vehicle to a complete stop, they can release the brake pedal and Auto Hold secures the vehicle from rolling away until the accelerator pedal is engaged. The software upgrade adds a charge routing feature to the native navigation system on ID.4,

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Auto lenders worry worsening economic system may manage to extra fraud

Baua Electric

Auto lenders polled via synthetic insigt and information supplier Level Predictive for its 2023 Auto Lending Fraud Survey worry worsening financial situations may push mortgage fraud and defaults upper this while. Pay stub forgery continues to be a illness for auto lenders, the vast majority of whom mentioned they imagine up to 10 p.c

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Report: Wholesale Used Car Prices Decline Slightly

The Truth About Cars

According to Automotive News , Black Book likewise reported that “ higher than typical seasonal wholesale price depreciation resumed ” in the first week of November. However, Cox and Black Book suggested that the UAW strike's end probably played a meaningful role. Image: Gretchen Gunda Enger/Shutterstock] Become a& TTAC insider.

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