The auto industry is among the most hard-hit segment of the global economy as a consequence of COVID-19. This is because manufacturing plants have been shut and the uncertainty of an economic condition is forcing people to re-evaluate their plans to purchase vehicles. Furthermore, the transport infrastructure has also taken a major hit as people Read More
Aging does not mean sacrificing the desires and passions. No matter how old you are, a stunning, sparkling car attracts in every age. Retirees can also be fond of the latest, high-speed, automatic, and lavish car. It’s just their mobility needs are different than the adrenaline-rushing young drivers have, but it doesn’t mean they cannot Read More
The coronavirus pandemic is disrupting the economy worldwide as it continues to spread. And as a result of this, markets are crashing, and sales are getting affected. Auto manufacturers are formulating programs to boost sales and support buyers who are finding it hard to make the payments. Since restrictions are focus on social distancing, dealers are also Read More
Today, owning a car isn’t a luxury; it’s a liability. Loans and taxes fade the charms of a new car. As soon as the installments of the car come to an end, the attraction, along with the worth of the car, disappears too. Instead of a car loan, leasing a car is a subtle option Read More
With the swift spread of the novel coronavirus pandemic, the auto industry has suffered the most with the huge drop or dry up in customers’ footfall all over the world due to lockdowns. Annual growth predictions, and profit forecasts, all went oblivious with the outbreak of the virus from China within the months. Carmakers and Read More
The global automobile industry is changing, with technologies such as Electric Vehicles (EVs) and Autonomous Vehicles expected to enter the market in increasing numbers in the following years. However, the focus of this article is to highlight the positive public health impact that autonomous vehicles can have on society. According to a recent study by the Barcelona Read More
Electric Vehicles (EV) have been in the market for many years but struggled to make any headway in the number of sales. There were several issues with the technology when it was introduced. These included higher initial costs, limited charging outlets, lower resale value, and other technological challenges. Electric vehicles have slowly started to gain Read More
When leasing a car, some dealers will try to put you into a balloon loan, which seems like a lease, but it isn’t. What is a Balloon Lease Payment? A balloon lease payment is a conventional auto loan with lower monthly payments along with a heavy amount to be paid as a balloon payment at Read More
After three or four years of using a leased vehicle, it is foreseeable for the vehicle to show marks of wear and tear. The leasing companies and the lessors are well aware of this fact and expect a reasonable amount of wear and tear comparative to the car’s mileage and age. You will have to Read More
Cars nowadays pack a punch with a variety of interesting features. The automotive industry has seen a massive transformation in the last ten years. So much so, that you can perform all the activities such as playing movies, music, take calls, and get directions for the GPS. The modern vehicles of today come with an Read More
