GM, Nissan, Audi, Stellantis, Kia, Subaru and Mitsubishi dealerships sell in Q3, Q4 deals

GM, Nissan, Audi, Stellantis, Kia, Subaru and Mitsubishi dealerships sell in Q3, Q4 deals https://ift.tt/hwMT9SE

Here's a look at the deals involving domestic, import and luxury dealerships and stores in Illinois and New York.

Carvana's 3rd-party marketplace program in question

Carvana's 3rd-party marketplace program in question https://ift.tt/Qr7xfN0

The exact status of that program — in which Carvana listed used cars and trucks from dealer partners and other third-party sources for sale on its website alongside Carvana-owned and certified vehicles — is not entirely clear.

Toyota, Hyundai, Kia, Mazda, Subaru U.S. sales surge in November; Honda falls

Toyota, Hyundai, Kia, Mazda, Subaru U.S. sales surge in November; Honda falls https://ift.tt/8ykSXhD

Volume jumped 10 percent at Toyota, 43 percent at Hyundai and 25 percent at Kia as production and inventory improved. Mazda deliveries surged 31 percent. Honda fell 6.1 percent.

Toyota, Hyundai, Kia, Mazda U.S. sales surge in November

Toyota, Hyundai, Kia, Mazda U.S. sales surge in November https://ift.tt/tJgydfv

Volume jumped 10 percent at Toyota, 43 percent at Hyundai and 25 percent at Kia as production and inventory improved. Mazda deliveries surged 31 percent.

Beijing’s Zero-COVID policy chokes growth of domestic car market

Beijing’s Zero-COVID policy chokes growth of domestic car market https://ift.tt/oL0WR41

With a large number of domestic cities complying with the central government’s zero-COVID policy to combat a new wave of virus outbreaks, China’s car market tanked in November after rebounding for five straight months. Unless the government abandons its draconian pandemic response, which is known for snap lockdowns, mass testing as well as strict quarantine and travel rules, the market prospect will be grim. 

Hyundai, Kia U.S. sales surge to November records

Hyundai, Kia U.S. sales surge to November records https://ift.tt/SOmGI2i

Volume jumped 43 percent at Hyundai and 25 percent at Kia as production and inventory improved.