TACH Publishes CarMax Third Quarter Fiscal Year 2025 Results
Dec 19, 2024
RICHMOND, Va.--CarMax, Inc. today reported results for the third quarter ended November 30, 2024. Third Quarter Highlights:(1) Retail used unit sales increased 5.4% and comparable store used unit sales increased 4.3%; wholesale units increased 6.3%. Total gross profit of $677.6 million increased 10.6% driven by unit vo ... Continue reading
Latest IIHS Safety News: Nineteen more vehicles close out 2024 with IIHS awards
Dec 18, 2024
Nineteen vehicles from 11 brands earn Top Safety Pick or Top Safety Pick+ awards from the Insurance Institute for Highway Safety in the final group of ratings for the year. The 10 winners of the higher-tier Top Safety Pick+ award are the Ford Mustang Mach-E, Infiniti QX60, Mazda CX-70, Mazda CX-70 PHEV, Mercedes-Benz C ... Continue reading
The Auto Channel Reports 2025 Detroit Auto Show Update
Dec 17, 2024
The Detroit Auto Show is thrilled to announce a powerful roster of 22 brands representing a wide array of vehicle segments, in addition to four exhilarating indoor track activations. Additional ultra-luxury and exotic brands will be announced soon. ... Continue reading
OFFICIAL DETAILED NHTSA WEEKLY RECALLS SUMMARY - December 16, 2024
Dec 16, 2024
The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading
Nutson's Weekly Automotive News Wrapup December 8-14, 2024
Dec 15, 2024
Auto Central; Louisville, Kentucky, December 15, 2024; Every Sunday Larry Nutson, The Chicago Car Guy and Auto Channel Executive Producer, with able assistance from senior Detroit editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel's ... Continue reading
Top Car Shopping Trends of 2024 and A 2025 Look Ahead
Dec 12, 2024
Examines 2024 Auto Market Influences and Expectations for 2025 Following a Year Defined by Affordability* Looming tariffs, questions on the future of electric vehicle tax credits, and ongoing affordability pressures stand to influence new and used pricing and demand ... Continue reading
Bluebook December 2024 Car Price Scorecard
Dec 11, 2024
Dec 11, 2024, 12:05 ET Share toX Share this article Share toX New-vehicle prices in November were higher year over year for the second straight month, as vehicle costs reached $48,724. Incentive spending jumped to 8.0% of the average transaction price in November, an increase from 7.8% in October. ... Continue reading
5 Common Engine Light Problems and Solutions to Avoid High Costs
Dec 11, 2024
With vehicle maintenance costs increasing by 7% in the first half of 2024 (Automotive Fleet), drivers are feeling the financial pressure more than ever. Ignoring common engine light warnings can lead to breakdowns, turning small issues into costly repairs. ... Continue reading
Dec 10, 2024
NINGDE, China, Dec. 10, 2024 -- Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. ... Continue reading
Electric Vehicle Owners Can Now Charge Off-Grid, Anywhere, Even While Driving
Dec 9, 2024
DartSolar LLC has invented an expanding solar roof rack that provides 10 to 20 miles of charge per day. The design allows the solar roof rack to expand to 1,000 watts while parked and contract to 360 watts when driving. ... Continue reading
OFFICIAL DETAILS - NHTSA WEEKLY RECALLS - December 9, 2024
Dec 9, 2024
The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading
Nutson's Weekly Automotive News Wrapup December 1-7, 2024
Dec 8, 2024
America's Longest Running Internet Automotive Column Auto Central December 8, 2024; Every Sunday Larry Nutson, The Chicago Car Guy and Auto Channel Executive Producer, with able assistance from senior Detroit editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel's ... Continue reading
Are Small Cars Twice as Deadly? New Accident Report by Avian Law Group
Dec 5, 2024
Mini cars average 108 deaths per million registered vehicle years, over twice the overall vehicle average. ... Continue reading
New Electric Vehicle Financing Grows More Than 30% Year-Over-Year, According to Experian Report
Dec 5, 2024
SCHAUMBURG, Ill.--Following several quarters of incremental growth, consumer interest in electric vehicles (EVs) re-emerged in the third quarter of 2024. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q3 2024, EVs accounted for 10.06% of new vehicle financing during the quarter—g ... Continue reading
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