Used-car dealer US Auto Sales temporarily closes

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The southeastern used-vehicle dealership chain US Auto Sales has closed its 39 locations indefinitely, the company’s website stated Tuesday. “We have temporarily closed our dealerships and are working on a solution to re-open them as soon as possible,” a pop-up on usautosales.info said late Tuesday morning. “But don’t worry, we aren’t going anywhere!” The group, which works with car buyers regardless of credit history, told its customers its consumer auto loan servicing company USASF Servicing remained open for business and car payments. A phone call to US Auto Sales was met with a similarly recorded message: “Unfortunately, we have had…
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Tesla cuts prices in Germany, France to boost demand

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BERLIN — Tesla’s latest price reductions in Europe were made possible because of a scaling up and improvement in its production capacity, the company said. Tesla cut prices in European markets including Germany and France on Friday, with all versions of the Model 3, Model S, and Model X selling for lower prices as well as the Model Y Performance. “Our mission is to accelerate the transition to renewable energy. Our master plan has set a clear pathway to achieve that mission: the transformation of cost-intensive small-series products to cheaper mass-series vehicles,” Tesla said in a statement. In Germany, Tesla…
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CARS Executive Outlook 2023: JF Champagne

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CARS reached out to leaders in the automotive repair and service sector of the automotive aftermarket to ask them about their thoughts about the industry over the next 12 months: How will this year be different, what will drive change and what will be the biggest challenge. We will present their answers in alphabetical order over the coming weeks… You can view the full feature in the February 2023 issue.JF Champagne, President, Automotive Industries Association of Canada Hiring and retaining trained technicians will be important, especially as EVs continue to become more popular. AIA Canada is collaborating with the…
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How to Pick the Perfect Rally for Your Driving Style

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Choosing the right rally can make all the difference between a thrilling experience and one that feels stressful or overwhelming. With so many exotic car rallies, endurance events, and charity drives available, understanding your driving style is key to ensuring a safe and enjoyable experience. Here’s how you can select the perfect rally tailored to your preferences.Assess Your Driving PreferencesBefore registering for any rally, it’s important to identify what you enjoy most about driving. Do you prefer high-speed runs and adrenaline-pumping curves, or do you enjoy scenic routes and leisurely drives? High-performance rallies often feature challenging terrains and…
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Signaturefd LLC Acquires 1,519 Shares of Rivian Automotive, Inc. (NASDAQ:RIVN)

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Signaturefd LLC raised its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) by 12.5% ​​in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,699 shares of the electric vehicle automaker’s stock after purchasing an additional 1,519 shares during the period. Signaturefd LLC’s holdings in Rivian Automotive were worth $252,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of RIVN. BlackRock Inc. boosted its holdings in Rivian Automotive by 44.7% in the 3rd quarter. BlackRock Inc.…
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LUXURY: Tesla Q1 sales more than double those of BMW

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The entire US luxury sector sales rose 23 percent to 616,970 cars and light trucks in the first quarter, outperforming the broader industry’s 8.4 percent bump. In the first quarter, BMW sales rose 12 percent, and the automaker secured a more than 14,000 vehicle advantage over No. 3 Lexuses. The Toyota luxury brand delivered 68,251 vehicles, up 6 percent from a year earlier. BMW, which commanded a 13 percent share of the luxury segment, extended its lead over German rival Mercedes-Benz with a more than 20,000-vehicle advantage. Mercedes’ sales of 61,531 were down 1.2 percent from the prior year as…
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New GM EVs Won’t Support Apple CarPlay

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Smartphone applications like Apple CarPlay and Android Auto have become must-haves for a lot of consumers. Instead of having to interact with an automaker’s infotainment system, which can be confusing and unintuitive, these features mirror your smartphone’s screen to the main display. Automakers, though, are investing millions into developing better infotainment systems and want people to stop using smartphone connectivity features. While smartphone mirroring, especially Apple CarPlay, maybe some of the more popular tech features on sale, GM announced that it would eliminate Apple CarPlay and Android Auto from its EVs.The first electric vehicle from GM that won’t have…
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