General Motors is withstanding that trend, showing solid US sales numbers and strong growth in markets such as China. Off-lease returns still remain the wild card,” said Pete DeLongchamps, vice president of manufacturer relations at auto retail chain Group 1 Automotive Inc. A suicide bomber targeted a street full of used car dealers in Baghdad’s Shiite-dominated Sadr City on Wednesday, killing at least 15 and wounding 50 people. In order to determine the most equitable settlement amount, the ultimate authority is the used car market itself. As a reminder here, the plug-in electric vehicle market penetration percentage in the US was around 0.9% in 2016.
To address consumer concern over services and auto part supplies for parallel-import vehicles, Chinese regulators have also kept working on systemic improvements to grant them services. That market share now is being spread amongst a greater competitive set, and the D3 are suffering as a …Read More