Automotive Deals - A360

Automotive Deals

2023 Chevy Colorado Trail Boss Road Test: Everyday adventures

Having already driven the 2023 Chevrolet Colorado Trail Boss extensively off-road in the course of our first drive review, it was time to get it back home and see how it deals with the mundanity of family life. Of course,… Continue Reading…

Automotive Deals

Best New Car Lease Deals for May 2023

There are all kinds of reasons for needing a car over a shorter term, especially at a time when the auto industry is still experiencing supply-chain woes. Buying a car outright and then selling it in a couple of years… Continue Reading…

Automotive Deals

Mullen Automotive gives updates on EV deals, factories

Mullen Automotive Inc. MULN, -1.57% gave a business update before market open Monday, with the electric vehicle maker providing details of its latest factory developments and a recently announced $15.8 million contract with MGT Lease Company. The fleet sales and… Continue Reading…

Automotive Deals

US auto parts supplier signs deal to buy Quebec’s Uni-Select in $2.8-billion deal

LKQ Corp. has signed a deal to buy Quebec-based Uni-Select Inc. in a roughly $2.8-billion deal that aims to boost the US automotive equipment supplier’s aftermarket business amid a thriving market. Under the agreement, LKQ will pay $48 per Uni-Select… Continue Reading…

Automotive Deals

Mullen Automotive Inc’s shares motor ahead after completing the second EV deal

Mullen Automotive Inc (NASDAQ:MULN) saw its shares motor ahead on Wednesday after completing the purchase of bankrupt EV start-up Electric Last Mile Solutions (ELMS), paving the way for the company to manufacture its first electric vehicle. The California-based EV company… Continue Reading…

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… Continue Reading…

Automotive Deals

MULN Stock Alert: Mullen Announces $63 Million Order

Source: Ringo Chiu / Shutterstock Among 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… Continue Reading…

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… Continue Reading…

Automotive Deals

Bankruptcy threat: Lordstown Motors says Foxconn deal unravels

Shares of Lordstown plunged 27 percent to 38 cents in morning trading in New York. Representatives for Foxconn could not be reached for immediate comment. The filing underscores the speed at which the partnership has become destabilized amid turmoil in… Continue Reading…

Automotive Deals

Chevrolet to Discontinue Bolt EV and Bolt EUV

Affordable electric vehicles are few and far between these days. Most automakers went straight to pricey six-figure EVs with a promise to focus on more affordable options in the future. Despite their promises, Chevrolet actually delivered on the affordability front… Continue Reading…