Category: Used Cars

This Company Wants to Change How We Buy and Sell Used Cars

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Dealerships handle the vast majority of vehicle sales in the United States. That in mind, private-party purchases are an important part of the American car market, despite the lack of many security and financial services that come with dealer transactions. Caramel is striving to change that with a new e-commerce platform aimed at improving the private-party sale process by providing dealer-like services to individual buyers and sellers. Disclaimer: Roads & Tracks‘s parent company, Hearst, has invested in Caramel. Ask Americans how they feel about car dealerships, and there won’t be many positive responses. But financing a private-party purchase isn’t easy,…
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Grupo Segura: Simulating the Coldforming of 3rd Generation AHSS Steels

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In the automotive industry, there is a constant tendency to find increasingly lighter and safer vehicles. For this reason, the materials used in the manufacturing process of a car demand specific characteristics to satisfy this need. For that reason, Grupo Segura, a leading company dedicated to the design, development, and manufacturing of cold stamped metallic components for automobiles, sets itself the objective of researching and developing alternative solutions to the hot stamped applications, taking the advantage of the new generation of Advanced High Strength Steels (AHSS 3rd Generation). The objective was to be able to cope with future demand from…
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10 Most Reliable Used Cars To Buy For 2023

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When buying a used car, reliability is often one of the topmost priorities for consumers, and for good reason. With the cost of living continuously increasing, owning a reliable car means enjoying years of trouble-free miles and lower possible maintenance costs. Fortunately, the used car market offers many valuable options to choose from. In fact, in today’s market, any used car represents good value, both in terms of quality and cost savings.Significant advances in automotive research and development, as well as manufacturing techniques, mean cars are now more reliable than ever. Add to that the availability of certified pre-owned…
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Ola partners with Dbest Cars to dispose of over 5,000 used cars

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By: HT AutoDesk | Updated on: Jan 25, 2023, 10:24 AMOla Fleet Technologies has partnered with Dbest Cars India to dispose of its used commercial fleet vehicles in a deal worth over ₹125 crores. The company is undertaking the process to dispose of over 5,000 used commercial cars because the existing fleet is now obsolete. Thanks to the introduction of regulatory changes such as BS6 emission norms and scrappage policies, an ecosystem has been created for utilization and demand for used cars in India.File photo of Ola cab used for representational purpose onlyWith increasing motorization rates, lower…
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Join the AutoForm Global Webinar: Kickstart Your Stamping Process Feasibility by Using Smart Frontloading Technology, March 02, 2023

By Didi on
Accelerating Part and Process Maturation Industry 4.0 is characterized by increased digitalization, thus for the stamping industry, the focus is now shifting to robust process engineering, and from single-part feasibility to assembly feasibility. This results in huge savings during tryout and production, but this requires more upfront engineering efforts. In this webinar, we will demonstrate a state-of-the-art front-loading methodology that can assist stamping engineers in getting a matured starting point of advanced feasibility engineering, with a clearer understanding of the draw design criticalities and of the inputs required like blank shape, drawbead distribution and so forth. This can result in…
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Used cars 101: From setting a budget to the test drive – a guide for buying a used vehicle

By Didi on
Illustration by Melanie LambrickSo, you’ve decided to buy a car. Here’s the first question: new or used? In general terms, the choice is straightforward. A new car comes with the latest features, warranties and the promise of several years of driving free from all but routine maintenance. The benefits of buying used? If you choose well, you’ll save a bundle. It hasn’t been so simple in pandemic times. The pandemic led to inventory shortages and soaring vehicle prices as people who would normally buy only new cars flooded onto the pre-owned lots. But the pandemic challenges aside, the basic…
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Moody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are dropping

By Didi on
A gradual improvement in the availability of semiconductors has helped car manufacturers lift production levels. Semiconductors are a crucial component in the increasingly sophisticated modern electronics at the core of modern vehicles. Ms Ell said while global vehicle production had not returned to pre-pandemic levels in Europe and Asia, there had been a significant improvement. Vehicle production in Japan in October was 35 per cent higher than in 2021, but was still 11 per cent below the production rate of 2019. Households feel the squeeze Australian Bureau of Statistics figures show that during the September quarter, Australians imported $7.3 billion…
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Used cars continue to get cheaper, new research finds

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Australian wholesale new vehicle prices have fallen 12 per cent from their peak in May 2022, as normality returns to the wider supply chain and demand for pre-loved car cools. The Q4 Used Vehicle Price Report found used car prices have now decreased for seven successive months, and in January 2023 they had their first year-on-year decline since May of 2020. Moreover, used car prices are expected to continue returning to earth during 2023 as new car supply improves, and demand weakens on the back of higher borrowing costs and inflation. For more Motoring related news and videos check out…
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