Category: News Alert

EV mandates will kill the SUV: Citroën CEO

January 23, 2023

SUVs are supplanting traditional sedans, hatchbacks, and wagons in sales, but the head of Citroën believes EVs could reverse that trend. “The world of SUVs is done,” Citroën CEO Vincent Cobée said in a recent interview with Auto Express (via …

Carvana struggles to survive

January 16, 2023

Online car retailer Caravan is on the brink of bankruptcy, according to 9NEWS. Its stock “tanked” as shares lost 96 per cent of their value over the last year. “Carvana was really created to disrupt the U.S. vehicle market. It …

EVs are disrupting the system

January 16, 2023

Electric vehicles are changing the way consumers shop and buy vehicles, and “dealerships are scrambling to adapt,” according to Insider. They added that “car shoppers of all kinds can expect to spend less time wandering dealership lots, talking with salespeople, …