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Automotive News

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Carvana

Automotive News

Carvana to lay off 2,500 employees

PHOENIX (UPI) -- Online used car retailer Carvana plans to lay off 2,500 employees, according to a document filed with the U.S. Securities and Exchange Commission on Tuesday. The company made the decision to make the cuts, which represent roughly 12% of its workforce, in response to macroeconomic factors that have "pushed automotive retail into recession," according to the filing. "While Carvana is still growing, our growth is slower than what we originally prepared for in 2022, and we made […]

todayMay 12, 2022 89

biodiesel

Automotive News

Is now the best time for biodiesel investments?

There’s no denying that there is now a shift in the buying habits of automobiles. As more countries look for ways to reduce their carbon footprint, their attention turns to the internal combustion engine. Some nations, such as the UK, are planning an outright ban on the sales of new vehicles with such engines by the end of this decade. However, other countries are taking a different approach and are instead looking at more affordable ways to reduce CO2 emissions. […]

todayJanuary 3, 2022 65

used car

Automotive News

Used car market appears to trend upwards

The used car market has always been a big one. It is a great way to enable cars of all specs, sizes, and prices, to be much more accessible. Cars are vital, especially for those who have families. They are important to take on school runs, long commutes to the office, enthusiastic hobbyists, or those who love a road trip. But with the rise of COVID-19, it seems a little backward to have an increase in purchases in used cars. […]

todayJanuary 3, 2022 71

Tesla

Automotive News

Tesla recalls nearly half a million cars

AUSTIN, Tex. (UPI) -- Tesla issued recalls for nearly half a million Model S and Model 3 cars due to trunk and camera defects. This applies to all Model 3 cars released between 2017-2020 and some Model S vehicles. According to Tesla, the Model 3 cars may have problems with the opening and closing of the trunk, which can affect the cable harness that attaches to the rearview camera, causing the camera to unexpectedly fail, Barron's reported. The Model S […]

todayDecember 30, 2021 73

car vehicle

Automotive News

Six must-do checks to ensure vehicle safety

A car is not just transportation; it's an investment. It can be a substantial financial burden to fix or replace your vehicle if something goes wrong. That's why it's crucial to ensure that the car you drive is safe and in good condition before moving on any long trips. Here are some checks you should do at least once every few months to ensure your car is road-ready. Check fluids Ensure all fluids are topped off and there aren't any […]

todayDecember 13, 2021 68

Automotive News

Why are cars such an expensive investment currently?

Cars have always been expensive, right from the moment they became a thing. At first, they were mostly for the people who had money to burn, and now more people than ever are driving. This is thanks to the fact that there are a range of different makes and models for people to choose from, all of them ranging rather dramatically in price. But, things have changed in recent years, and we’re going to be taking a look at some […]

todayNovember 19, 2021 91

certified pre-owned car care

Automotive News

Today’s state of car manufacturing in America

Seeing as though it’s become increasingly easier to drink from the “glass-half-empty” cup, we thought that everyone could use some good news. Surprisingly, that good news is coming from the U.S. car manufacturing industry. Manufacturing overall in the United States has done better than what many analysts thought the industry would, with polling conducted by news agency Reuters reported that forecasts had the sector growing at 0.6%.  However, as of July 2021, production at auto plants across the country soared […]

todayNovember 15, 2021 75

electric vehicle car

Automotive News

Electric vehicles raise questions about long-term sustainability

Electric cars are being touted as the solution to carbon emissions, but the situation may not be as clear-cut as most people believe. Studies show that electric car recharging stations could increase CO2 emissions unless they are powered by renewable energy sources like wind or solar power. While overall energy consumption for electric vehicles can decrease in comparison to internal combustion engines, charging an electric car can cause more carbon dioxide emissions due to electricity production's dependency on fossil fuels. […]

todayNovember 15, 2021 27

defensive driving

Automotive News

Why defensive driving is crucial

According to the World Health Organization (WHO), approximately 1.3 million people lose their lives to road accidents globally, with up to about 50 million people suffering various levels of non-fatal casualties. It may be difficult to control the behaviors of other motorists or road users. However, defensive driving remains a crucial aspect of road safety. That's because it puts you in a better position to be more alert and avoid or minimize the consequences of other people's recklessness on the […]

todayOctober 12, 2021 32

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