Automotive Deals

General Motors Stock (NYSE:GM): Supercharging the Auto Race with New Deals

June 19, 2023

General Motors (NYSE:GM), one of the world’s oldest and largest automakers, is supercharging the automotive race with newer partnerships and investments. Yesterday, GM announced a pact with rival electric vehicle (EV) maker Tesla (NASDAQ:TSLA) that would allow GM EV drivers to use Tesla’s supercharger network. At the same time, GM announced an investment of over $500 million in the Texas plant to produce next-gen internal combustion engines (ICE)-based full-size sport utility vehicles (SUVs). Following the news, GM stock rose more than 3.8% in extended trading on June 8. GM Leverages Tesla’s Superchargers General Motors CEO Mary Barra and Tesla CEO…

Automotive Deals

Trade deals, tariffs and Brexit: how will they shape UK prospects?

May 26, 2023

Home › Articles › Trade deals, tariffs and Brexit: how will they shape UK prospects? These significant forces have not yet led to a major change in export markets served by UK vehicle companies, but they could in the future, writes Ian Henry Until the Brexit vote in 2016, few people in the UK, even within the automotive sector, knew much or even thought about trade deals and tariffs. The Brexit negotiations changed that and the actual and potential costs of leaving a large trading bloc were front and center of the industry’s concerns. The UK-EU Trade and Co-operation Agreement…

Automotive Deals

Leasing vs. Buying a New Car

May 8, 2023

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 Deals

Stellantis customers seek longer-term financing and leasing deals

April 16, 2023

MILAN — Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the automaker’s head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. “This allows customers to get a car for a monthly installation that is similar to that they had before,” he said. The automaker announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created…

Automotive Deals

The Best and the Worst Time of the Year To Buy a New Car

March 30, 2023

praetorianphoto / Getty Images Whatever your reason for buying a new car — it’s your first set of wheels, your family size has changed or your old vehicle has become a liability — timing is everything. Although a major part of your search for a new car will likely revolve around the make, model and style of vehicle that appeals to you, affordability and availability are important, too. The Future of Finances: Gen Z & How They Relate to MoneyImportant: 3 Things You Must Do When Your Savings Reach $50,000 When looking for new car deals, timing can have a…

Patner Links Backlink

Patner Links Getlinko

Site Title, Some rights reserved.

Terms of Use - Privacy Policy

WordPress Di eCommerce Theme