Used vehicles are tracking at a fairly normal pace for supply. Sales have slowed compared to the strong pace in the summer of 2021, but are still relatively healthy.
The used market this year is feeling the effects of high-inflation and elevated used-vehicle prices. Sales continue to be soft, but the market is not under stress
Used vehicle consignor CarLotz will enable Shift to pursue a new business plan focused on allowing consumers to buy vehicles online, sight unseen, for pickup or delivery.
The partnership enables the two brands to install up to 60 DC fast chargers at up to 15 Starbucks stores along a 1,350 mi. route between Denver and Seattle.
As the global mobility provider reopens both old and new locations in the country, it also rolls out new services, including a flexible car hire program and carsharing pilot.
The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more aligned with luxury prices versus mainstream prices.
The latest franchise in Bonaire adds to the existing location in Curaçao, expanding the brand in the Dutch Caribbean.
Voltera positions itself as a one-stop solution for fleet and transportation operations that need to quickly power electric vehicles at scale.
Sales into commercial fleets were up 19% year over year, and sales into government fleets were up 31%, but rental were down 7%.
The addition of five new affiliate locations adds to the presence of Carwiz in about 30 countries.
All major market segments once again saw seasonally adjusted prices that were higher year over year in July.
Las Vegas-based Halo.Car has launched a transportation service that allows customers to rent electric vehicles piloted by a remote driver.
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