The numbers: Sales at U.S. retailers rose 0.3% in August as Americans spent more on new cars and trucks and went out to eat more, suggesting the economy grew at Read more
Tag: New Car Dealing
Retail sales fall flat, but for a good reason: Cheaper gas
The numbers: Sales at U.S. retailers fell flat in July, but largely because of falling gas prices and fewer purchases of new cars and trucks. Sales were stronger at other Read more
Yes, you can buy a car with crypto—here’s how
Whether you think cryptocurrency is just a fad or the future of finance, it’s a fascinating technology. You probably made your last car purchase with boring old dollars, but maybe Read more
People are flipping Corvettes for profit and Chevy wants to pay them to stop
Chevrolet will pay you up to $5,000 to keep your 2023 Corvette Z06 rather than flip it for a quick profit. The incentive comes not as cash but as 500,000 points through Read more
It’s a tight market for the first-time car buyer: How to find the best deal, new or used
Imagine buying your first car during the worst car market in recent memory. Inventory shortages and rising prices began with the pandemic-driven computer chip shortage in 2021. In May of Read more
Tesla’s Model Y is the hottest used car in the U.S. right now
The top 10 fastest-selling used cars are split between hybrid and electric vehicles, with the Tesla Inc. Model Y topping that list, iSeeCars.com said Tuesday. On average, a used car Read more
U.S. stocks head for longest losing streak in a month as rate-hike fears, weak bank earnings bite
U.S. stocks fell sharply Thursday as investors braced for the possibility of a full percentage point increase in the Federal Reserve’s benchmark interest rate later this month, while weak megabank Read more
Vietnamese electric car maker VinFast is opening dealerships in U.S.
Vietnamese automaker VinFast will open six U.S. dealerships this week and 30 by the end of 2022, all in California. The company says it will cut the ribbon for stores Read more
Will the 4th of July weekend be a good time to buy a car?
The Fourth of July means fireworks, barbecues, and car commercials. The pyrotechnics and the meat should be as good as ever this year. But the over-the-top commercials may be lacking Read more
FTC proposes new rule to eliminate ‘deception’ and ‘fraudulent add-on products’ in car-buying process
The Federal Trade Commission is considering a move to eliminate junk fees and bait-and-switch advertising from the car-buying process, according to a notice of proposed rulemaking. “For many Americans, buying Read more