Tag: Consumer demand
Rising Demand for Old Used Cars as New Car Prices Soar
Car prices are skyrocketing, with the average new car now costing close to $50,000. This increase in new car prices has led to a surge in demand for used cars, causing their prices to...
New Title: Audi Discontinues Production of Coupes and Convertibles
Audi has officially announced that they are discontinuing the production of coupes and convertibles in their lineup. This decision comes after a series of cuts to two-door models over the past few years. The...
Tesla’s Price Cuts Boost Global Sales, Yet More Improvement Needed
Tesla has been facing a decline in global deliveries since 2020, but recent aggressive price cuts have helped boost sales, according to the latest data from the company. Despite the improvement, global deliveries are...
Stellantis Sales Decline: What’s Going Wrong?
Stellantis recently released its second-quarter sales figures, and the results are not looking great. Most of the Detroit-based brands, such as Ram, Jeep, and Chrysler, have experienced a significant decline in sales. Ram, in...
New Car Prices Dropping, Boosting Sales – Autoblog
Car shopping has been a frustrating experience for many people in recent years due to record high new car prices caused by pandemic-related delays and vehicle shortages. However, there is good news on the...
Navigating the Uncertain Future of Electric Vehicles: What Lies Ahead?
Stellantis is expected to shift its focus to electric vehicles by 2040, according to analyst Sam Fiorani. Until then, a significant number of vehicles will continue to use internal-combustion engines. On the other hand,...