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Car Sales Are Booming -- And You're Paying The Price
2015-06-01 23:56:26| Auto Dealers - Topix.net
For more than two decades, I've chronicled the machinations of the auto industry from a variety of perspectives and for an assortment of media outlets, all that time interspersing analysis of the car business with critiques of its products. I pay particular attention to automotive technology of all kind - from engines and transmissions to all-wheel-drive and Apple CarPlay, I believe the automobile remains the world's single most-fascinating consumer technology device.
Car loans keep getting longer
2015-06-01 19:50:06| Auto Dealers - Topix.net
The percentage of loans with terms of between 73 and 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier. Car loans keep getting longer The percentage of loans with terms of between 73 and 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier.
Tags: car
longer
loans
car loans
Texas upholds ban on Tesla's direct car sales model
2015-06-01 17:49:09| Auto Dealers - Topix.net
In many states, Tesla's direct sales model has brought on legal challenges. Most recently, the electric car company has been doing battle in Texas, where existing laws prohibit direct sales.
Spanish car sales rise 14% in May on renewed subsidy program
2015-06-01 15:39:04| Auto Dealers - Topix.net
Spanish new-car sales rose 14 percent in May to 94,030 vehicles, manufacturers' association Anfac said Monday, after the government renewed a subsidy scheme that has boosted sales for 21 straight months. Registrations rose just 3.2 percent in April after a previous phase of the subsidy program ended at the beginning of the month.
Tags: program
sales
car
spanish
French car sales fall 4% in May on fewer working days
2015-06-01 12:29:05| Auto Dealers - Topix.net
New-car registrations in France fell 4 percent to 143,059 in May, the first decline since December but that was mainly due to fewer working days than last year. When the figures are adjusted to include a comparable number of working days as in May last year, sales rose 7.3 percent, according to the CCFA, France's automaker association.
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