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General Motors Wants Dealerships To Update Their Image

The Truth About Cars

The new program is designed to move the locations away from the traditional dealership experience to yield an open design concept and less high-pressure sales tactics. That way you can feel like you’re making the second largest purchase of your life inside of a fast-casual restaurant. Obviously, GM doesn’t see it that way.

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How Are We Feeling About The Automotive Market These Days?

The Truth About Cars

Negative vehicle equity is presently averaging at an all time high of roughly $7,000 in the United States and about 25 percent of trade-ins toward new-car purchases had negative equity. As of now, the above issues haven't yielded any catastrophic sales collapses for the market as a whole. According to Cox Automotive, the number of U.S.

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Amazon May Soon Wade Into the Online Used Car Sales Business

The Truth About Cars

They can then finish the purchase at the dealer or online. While the experience will be different, shopping for used cars on Amazon will likely come with many of the same annoyances, including a sales pitch for extended warranties and other products.

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Cybertruck Owners Can Now Trade In Their Trucks for a Significant Loss

The Truth About Cars

It was unable to be traded in for a new Tesla purchase, but the automaker recently opened the door for owners to trade their controversial EVs for a less polarizing model. As CEO Elon Musk became a cultural and political lightning rod, the automakers sales have slowed, leading it to accumulate unsold Cybertruck inventory.

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GM Promises Voided Warranties for Corvette ZR1 Flippers

The Truth About Cars

General Motors is threatening Corvette ZR1 buyers with a voided warranty if they flip the car within one year of their purchase. The document also states that the E-Ray and Z06 cannot be sold within six months of the initial sale. Here we are. Were really doing this again. GM confirmed the letters authenticity to The Drive.

GM
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The Dodge Charger Daytona Is Available With A Super-Affordable Lease Deal for Northeastern Buyers Right Now

The Truth About Cars

If a gas-powered Charger is your thing, Dodge has you covered, but youll have to wait until summer when the Sixpack model goes on sale. Dodge is offering a $3,000 incentive and zero-percent financing for purchases, which could make them a good deal for some buyers.

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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

EV tax credits work Industry-wide, 87% of all EVs purchased or leased in 2024 received the federal EV tax credit. Accessing the full amount of the credit at the point of sale saves consumers money on finance charges, makes the tax credit available to those who don’t pay much in income taxes, and makes both new and used EVs more accessible.