Hyundai Motor Reports Record-Breaking March and Q1 2023 Sales

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Hyundai Motor America reported total March sales of 75,404 units, a 27% increase compared to March 2022 and the best March in Hyundai history. This was the fifth consecutive month with a total monthly sales record, led by Venue (+74%), Elantra HEV (+37%), Tucson HEV (+52%), and Kona N (+5%). March was an all-time best-ever retail and total sales record for Santa Cruz (+30%) and Santa Fe HEV (+123%). Hyundai fleet sales were 9.4% of the total volume for the month. “March 2023 will be a month to remember and a great way to finish the quarter with our fifth…
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Average Used Car Price Fell in February

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The average used car in America sold for $26,068 in February – down 1.7% from January’s price. Both new and used car prices decreased during the month – great news for a driving public who had grown accustomed to soaring prices for all kinds of cars. However, the good news in the used car market may not last. KBB analysts think the market is headed for a price flip, where used car prices rise as new car prices fall. “Used-vehicle sales have been up significantly, causing inventory to fall quickly in recent weeks and leaving dealers with especially tight inventories…
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Why You Shouldn’t Wait to Fix a Damaged Windshield

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We’ve all seen other drivers going down the road with a cracked or otherwise damaged windshield. Perhaps you’ve even done it yourself. As long as you can see, why should you worry about fixing something right away? Unfortunately, procrastination can be one of your worst enemies when it comes to repairing your windshield. The following are several reasons you shouldn’t wait to get your windshield repaired. Poor Visibility Car manufacturers spend a lot of time designing their cars with safety in mind. This extends to the design of the windshield as well. While a small chip may not affect your…
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Join the AutoForm Global Webinar: Evolving BiW Assembly Process Development, April 13, 2023

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With the launch of AutoForm Assembly in 2021, users quickly became aware of the significance of developing their assembly processes while accounting for tolerances, gravity, part springback and hemming impact. We are now moving towards an evolution in assembly process development that with improved joining methods, optimized shimming and teaching capabilities, and better handling of scanned part geometries among the many capabilities. Please register here! Registration April 13, 2023, Session: 9:00* (Duration approx. 1 hour)Registration April 13, 2023, Session: 16:00* (Duration approx. 1 hour)*Central European Summer Time (GMT +2:00) Content of this webinar:The benefits of using AutoForm Assembly Capabilities…
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Used-car seller Canada Drives granted creditor protection

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Canada Drives obtained creditor protection March 20 under an order from the Supreme Court of British Columbia, according to a notice from court-appointed monitor PricewaterhouseCoopers Inc. While the company has focused mainly on ecommerce since 2020, Canada Drives was founded in 2010 as a lead-generating business, matching consumers looking for financing with local dealerships. Under CCAA protection, it plans to restructure its business, winding down the “capital intensive” online sales segment, and refocusing on the financing matching service it has provided for more than a decade. As part of the restructuring plan, Canada Drives also intends to maintain one aspect…
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These Are The Best Black Friday New-Car Deals On 2022 And 2023 Models

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The best Black Friday deals this year come with low-interest financing as low as zero percent. getty Although the frenzied chaos of Black Friday early bird shopping has tempered somewhat in recent years, the weekend after Thanksgiving remains one of the busiest and most bargain-packed periods of the year for retailers. It’s no exception with the new-car business, except that this year, especially given razor-thin dealer inventories and sky-high prices that have plagued the business in recent months, the slam dunk year-end clearance deals have all but dried up. What’s more, manufacturers’ cash rebates are considerably lower and in shorter…
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The car explodes into flames as Nanaimo RCMP seeks the culprit

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A suspect lobbed flammable material onto a car parked outside an auto repair shop in Nanaimo causing it to explode and burst into flames in an apparent case of arson, according to RCMP. The vehicle fire took place outside of the shop at Nanaimo’s Pure Gold Automotive on Wallace Drive Monday at around 6 am Nanaimo RCMP is investigating the incident as arson after obtaining surveillance video they say caught the culprit in the act of tossing the substance onto the car then walking away. The surveillance video has not been made public, but a video from a witness who…
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Luxury tax is an administrative headache, dealers say

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However, CRA appeared to dispute the criticism. “The CRA received a manageable number of calls that were responders [to] in a timely manner,” it said in an emailed statement. The CRA created a “landing page” on its website last July to address questions and explain how the tax is applied. “We met with the industry and their representatives and addressed their questions and concerns,” CRA said. “The information supplied in response to their questions was published on our web landing page.” Bernard’s comments came in the wake of a Finance Department report released in March on the potential economic impact…
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