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Used Cars

KIA Success in the Digital Transformation in Hot Stamped Parts, Part II: Application of Digital Die Spotting

A Focus on the Product and Business Processes of Manufacturing Ecosystems This is part two of a three part hot forming series exploring how KIA has researched the current technologies which enable digitization in hot stamping at all business and… Continue Reading…

Used Cars

Inflation persists and car prices are a big reason

‌Car prices soared after the coronavirus lockdowns, and two years into the United States’ worst inflationary episode since the 1980s, the industry demonstrated that getting back to normal will be a long and lurching ride. In 2021 and early 2022,… Continue Reading…

Used Cars

Wholesale used vehicle prices fall as sales weaken

A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales… Continue Reading…

Used Cars

Talkin’ Bout My Generation – FormingWorld

This article first appeared in the February 2023 Automotive Special Issue of MetalForming magazine (www.metalformingmagazine.com), and is reprinted here with permission granted by the Precision Metalforming Association. You’ve probably seen references to 3rd Gen steels—implying that there are 1st and… Continue Reading…

Used Cars

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of… Continue Reading…

Used Cars

Estimating The Fair Value Of Federal Signal Corporation (NYSE:FSS)

Key Insights The projected fair value for Federal Signal is US$73.36 based on 2 Stage Free Cash Flow to Equity Federal Signal’s US$64.03 share price indicates it is trading at similar levels as its fair value estimate Analyst price target… Continue Reading…

Used Cars

Average used car loans are now much more than the vehicles are worth

Used car prices have been all over the map in recent times, with some used models exceeding their new MSRPs as demand soared and supply dwindled. While that situation appears to have been mostly resolved, the finances of the used… Continue Reading…

Used Cars

THE QUEST FOR FIRST HIT PASS OUTCOMES

Excerpted from a pre-release publication tentatively titled “Brickwalls and Barricades: The Quest for Flawless Execution of First Hit Pass Outcomes”, this article introduces actual case studies to showcase the ability to avoid forming defect failures at the stamping press through… Continue Reading…

Used Cars

Cambridge planners overruled by OLT decision on used car sales

Successful appeal means Franklin Boulevard business can sell up to 60 used vehicles at a time on industrially zoned property The owner of an automotive repair shop on Franklin Boulevard has been granted permission to sell up to 60 used… Continue Reading…

Used Cars

The UK’s most and least reliable used cars – Mercedes, Kia, Honda & more

According to the findings of a new survey, Suzuki achieved the highest brand rating for its reliability with 94.7 percent. The brand’s Vitara small SUV received a staggering 99.3 percent reliability score, with the Swift small car also getting a… Continue Reading…