
Higher interest rates, coupled with high gasoline prices and high vehicle prices, are keeping used sales in Q2 low.
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For the first time, used EV prices are exceeding the consumer price index for all used cars spurring sales and resales, according to the Q3 2022 Used Electric Car Market Report.
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The 2024 MY lineup offers trim, drive system and range options, and the first electric SS performance model.
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The partnership with telematics provider Guidepoint Systems allows Stellantis' mobility brand to extract data directly from MY2018 and newer Stellantis vehicles without aftermarket hardware.
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Arriving in dealerships later this year, the 2023 Toyota Crown essentially replaces the Avalon, launching with a new design, two hybrid powertrain options, and standard AWD.
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While prices and supply stabilize somewhat, the overall supply is far below historical levels, said Charlie Chesbrough, Cox Automotive senior economist.
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FastReview, a mobile application, works by placing a Fast Review card inside business offices. Users shares their experience by leaning their phone against the card.
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According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
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Q2 sales of battery electric vehicles increased to 196,788, a record high and a 13% increase from last quarter.
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The brand's first Canadian branch will be located in downtown Vancouver.
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