Browsing: automotive market

A recent study by iSeeCars analyzed 2.4 million used car sales from May 2024 to May 2025, revealing that while overall used car prices rose 2%, certain models saw significant drops in value.

Analysis of U.S. light-duty vehicle sales trends in the first quarter of 2025

Pakistan plans to increase withholding taxes on high-end vehicles in the FY2025-26 budget, targeting cars as small as 1300cc to meet IMF demands, while keeping tax benefits for hybrid electric vehicles.

The surge in prices of old diesel trucks on platforms like Facebook Marketplace has left many wondering why they’re becoming so valuable.

BYD overtakes Tesla in European sales as drivers turn away from Elon Musk’s controversial brand

The UAE’s ultra-luxury automotive sector is experiencing a surge in personalised vehicles and shifting buyer demographics, driven by ultra-high-net-worth individuals and younger purchasers.

EV sales dropped 5% in April despite a 10% growth in the overall car market, as consumers weighed factors like utility, price, and potential policy changes.

Recent analysis reveals certain used car models depreciating faster than average, with electric vehicles and hybrids among the biggest losers

Used van and minivan prices surged nearly 4% in several US regions, reinforcing a nationwide trend of growing demand for large family vehicles.

Europe’s electric vehicle market sees significant growth while Tesla faces challenges