Feb 06, 2018
Growing demand for alternatively-fuelled cars, particularly hybrids and electric vehicles, is reshaping the traditional vehicle depreciation curve that has underpinned asset valuations for decades. In the UK, industry experts say the changing vehicle mix will alter assumptions about how vehicles are valued now and into the future, which may require changes to financing models, particularly in sectors such as leasing. Growing demand for the limited supply of used electric vehicles that are currently available is pushing up prices, so that cars are appreciating in value instead of depreciating.
Feb 02, 2018
Edmunds, the car shopping and information platform, forecasts that 1,121,932 new cars and trucks will be sold in the US in January, a 1.4% drop compared to the same month last year. Jessica Caldwell, executive director of industry analysis at Edmunds, said: “In January, automakers are expected to pull the reins in on the more generous incentive programs that we saw at the end of 2017.
Nov 30, 2017
Volkswagen Financial Services Australia (VWFSA) has paid a penalty of AUD$216,000 (US$163,000) after the Australian Securities and Investments Commission (ASIC) issued infringement notices for alleged misleading advertising statements. The penalty related to VWSA’s ‘1% you can’t ignore’ advertising campaign, with ASIC issuing 20 infringement notices in total.