Hydrogen fuel cell sales on the rise
Hydrogen fuel cell vehicles sales appear to be on the rise as more than 5,500 units were sold since they were launched — a number that is expected to top 6,000 units by the end of 2017, according to Information …
Tag: U.S.
U.S. new car prices hit record high
Average new-car transaction prices in the U.S. jumped 2 per cent year-over-year in October, compared to the same period in 2016, according to the analysts at Edmunds. The increase represents an all-time high for the month due in large part …
U.S. new-car prices remain relatively flat
The average new-car price for light vehicles in the U.S. is now $35,263 — up 0.3 per cent year-over-year from October 2016, according to Kelley Blue Book. The industry average has increased, but only slightly and as such remains relatively …
U.S. dealership employment continues to rise
U.S. new-car dealership employment and payroll continued to increase through the first half of 2017, according to a report from the National Automobile Dealers Association. A total of 1,134,200 people were directly employed by new-car dealerships through the second quarter …
Hyundai modernizes its U.S. car buying experience
Hyundai has introduced a program that is expected to modernize its U.S. car buying experience. Known as Shopper Assurance, the program is meant to provide potential car buyers with more options and greater convenience than the traditional process of visiting …
DMT hires two senior executives as part of expansion plan
DMT Development Systems Group Inc. has announced the addition of two new members of the team as part of the company’s expansion plans. Entrepreneur, educator and philanthropist Mark Evans joined the DMT board of directors in September, along with senior …
U.S. new-car prices stay relatively flat
The average new-car price for light vehicles in the U.S. is now $34,861 — up from 0.4 per cent year-over-year from September 2016, according to Kelley Blue Book. The industry average has increased, but only moderately and as such remains …
September auto sales highest this year
September vehicle sales are expected to reach a new high this year thanks to a combination of Labor Day discounts and higher incentives, according to Edmunds. “Labor Day weekend got September auto sales off to a strong start,” said Jessica …
Fastlane helps dealers sell cars in storm-affected states
Auto e-commerce and technology developer Fastlane wants to help dealers to get up and running via its online car-buying platform following the devastating effects of Hurricane Harvey and Irma. Fastlane believes it can help dealers in storm-affected areas like South …
Top vehicle picks for college grads
Autotrader in the U.S. has come out with its recommendations of reliable and budget-friendly vehicles for recent school graduates. The editors at Autotrader came up with nine new and CPO vehicles that they said would suit a young buyer’s lifestyle, …
Top 10 SUVs under $25,000
With small SUVs one of the hottest car segments, and so many choices, Kelley Blue Book in the U.S. is helping consumers make a decision. The editors at KBB compiled their 10 best small SUVS for 2016, all under $25,000. …
GM partners with Lyft on autonomous vehicles
A new partnership between GM and U.S. rideshare provider, Lyft, is a clear sign the automaker is moving away from its traditional ownership model. GM has invested a whopping $500-million in its partnership with Lyft to create an “integrated network …
