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Automotive Deals

Leasing vs. Buying a New Car

As attractive as a lease may appear, there are a number of drawbacks: • In the end, leasing usually costs you more than an equivalent loan because you’re paying for the car during the time when it is most rapidly depreciating. • If you lease one car after another, monthly payments go on forever. By contrast, the longer you keep a vehicle after the loan is paid off, the more value you get out of it. Over the long term, the cheapest way to drive is to buy a car and keep it until it’s uneconomical to repair. • Lease…

Automotive repair

Demand for Automotive Repair & Maintenance Services Market Size and Forecast Report 2031

PRESS RELEASE Published May 1, 2023Xherald Xherald is passionate about offering extensive coverage of global business news. Dedicated to creating every participant’s notification, it reaches its own reader. Daily our experts offer fresh relevant information regarding what is actually happening in Markets as well as Business. Our headlines are actually swiftly paced and extensive. Our distributor directory connects you with brand new products or services and its market situation from the most effective companies around the planet. Xherald is driven by its 500+ contributors coming from around the world. Xherald provides local as well as global market intelligence information…

Used Cars

Why Are Prices So High? The Used-Car Factory Was Shut Down.

Why Are Prices So High? The Used-Car Factory Was Shut Down. – Cox Automotive Inc. icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icons Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icons Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedin icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube…

Automotive News

What Happens if ADAS Calibration Isn’t Done?

Automotive design and technology are constantly evolving; each year, vehicles become increasingly advanced and reliable on electronic and computerized features to deliver better safety, performance, and comfort.Windshields are no exception. Although the windshields of newer vehicles may look like they’re just a piece of glass, most of them contain sensors, cameras, and other advanced driver assistance systems (ADAS) equipment that play a large role in how your car functions. Unfortunately, this makes the process of replacing windshields more complex—and costly. Understanding ADAS Calibration ADAS refers to a wide range of automated features that assist or alert drivers while they’re…

Automotive News

Aston Martin to renew DB11, Vantage, DBS sports cars in 2023

LONDON — Aston Martin will reveal the first of its overhauled sports-car range at the end of this month, Chief Financial Officer Doug Lafferty said. The automaker has promised to reveal new versions of its three core sports-car models – the DB11, Vantage and DBS – over the next 12 months. The company has not said which will be first, but the DB11 is the oldest model in its lineup. Aston Martin will increase prices on all three cars as it looks to return to profitability with a target margin of 40 percent. “All the next-generation sports cars carry that…

Automotive Accessories

Ways To Make an Average Car Feel Like a Luxury Vehicle

Many have traditional cars that have an average design and performance. It may be challenging to switch when you want a luxury vehicle, but there are ways to make your average car feel like a luxury vehicle. Read on for helpful tips to make your mundane ride look and drive like a supercar. Add a New Layer of Paint One of the most appealing parts of a luxury car is its paint design, which makes it stand out. Give your car a nice paint job that makes it look fresh and brand new. Adding special design features for an artistic…

Automotive Accessories

Rivian Automotive, Inc. (NASDAQ:RIVN) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC increased its holdings in shares of Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) by 170.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,648 shares of the electric vehicle automaker’s stock after acquiring an additional 10,495 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Rivian Automotive were worth $307,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gould Capital LLC raised its stake in…

Automotive Deals

MULN Stock Alert: Mullen Announces $63 Million Order

Source: Ringo Chiu / ShutterstockAmong the meme stocks gaining traction today is Mullen Automotive (NASDAQ:MULN). Shares of MULN stock have surged more than 8% in today’s session, moving off of an all-time low seen over the past week. This move is on some rather compelling news for speculators and investors in this upstart electric vehicle (EV) maker. Mullen announced an impressive 1,000-vehicle order from the Randy Marion Automotive Group’s (RMA) Randy Marion Isuzu, LLC segment. The company reports that the deal should amount to $63 million when all Class 3 EV cab chassis trucks are delivered. RMA is a…

Automotive News

Study reveals drop in customer satisfaction for independents

Recent numbers from research firm Ducker Carlisle showed growing dissatisfaction with franchised dealership service departments. This week, JD Power released its 2023 US Aftermarket Service Index Study that showed an overall decline in satisfaction with independent repair facilities as well. The data firm revealed independent shops dropped in all three categories that make up the study — quick oil change, full-service maintenance and repair and tire replacement. Shops were scored on seven measures within each of the three segments. These include ease of scheduling, fairness of charges, service adviser courtesy and quality of work. This is the fourth year of…

Automotive Deals

VW’s battery plant deal changes Canada’s auto sector. Whether it’s worth $13B in subsidies is debatable

German automaker Volkswagen was in the city of St. Thomas, Ont., this week, announcing details of their plan to build their first electric battery plant in North America, in a move that backers say will super charge Southern Ontario into becoming a key cog in electric vehicle supply chains. VW’s plan is undeniably huge news in St. Thomas, but whether or not you think it’s enough to transform the place they call the Railway City into something more synonymous with electric cars depends on your perspective. The sheer scale of the plan is jaw dropping. The auto maker is pledging…