Sales

Penske, Cox Automotive Launch Online Used Car Sales Platform

By Veronica Tan 1 week ago

BLOOMFIELD HILLS—Ready to buy a used car entirely online? Bloomfield Hills-based Penske Automotive Group Inc. (NYSE: PAG) and Atlanta-based Cox Automotive Inc. are ready to sell you one that way.

Officials at the two companies have announced the launch of CarShop, a fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which is owned exclusively by Cox Automotive, allows consumers to select from high-quality, preowned vehicles through PAG’s U.S. CarShop used vehicle SuperCenters and franchised dealerships.

Cox Automotive’s patent-pending artificial intelligence retail technology, Esntial Commerce, powers CarShop’s U.S. digital platform

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Europe’s Zero-Emission Proposal Ends New Gas, Diesel Car Sales In 2035

By Veronica Tan 1 week ago

We recently heard rumors about an aggressive proposal in the works from the European Commission regarding CO2 emissions. Now, that proposal is realized in an official announcement from the group that would cover all 27 nations of the European Union. It’s a sweeping plan that covers everything from renewable energy sources to renovating buildings for a greener future, but our focus is on the plan to cut new car combustion engine sales by 2035.

In short, the proposal amps up the timeframe for reducing carbon emissions in the region. The plan is to reduce overall emissions by 55 percent in

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Tesla (TSLA) leads 95% increase in electric car sales in the US

By Veronica Tan 2 weeks ago

According to new registration data, Tesla (TSLA) is leading a 95% increase in electric car sales in the US.

However, the automaker’s market shares are sliding, but that’s something that was expected.

As we previously reported, Tesla’s market share of the electric vehicle market in the US is quite ridiculous.

For the entire year of 2020, Tesla vehicles accounted for 79% of new electric vehicles registered in the US.

During that period, the automaker was leading an 11% increase in electric vehicle sales in the market.

It didn’t sound like much, but the results were impressive considering that broader car

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Auto Film Sales Market Segmentation, Analysis by Recent Trends, Development & Growth by Regions to 2027

By Veronica Tan 3 months ago

The latest trending report Global Auto Film Sales Market to 2027 available at MarketStudyReport.com is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making.

The recent study on Auto Film Sales market is compiled with an objective to assist stakeholders in gaining insights regarding all the potential growth avenues during 2021-2027. The report leverages latest industry-validated statistics as well as historic information with regards to the growth stimulants, opportunities, restraints, and limitations to evaluate the yearly growth rate of the market and sub-markets during the stipulated timeframe.

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