car sales

Tesla slashes prices again Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory. Late Saturday, the company led by Elon Musk also slashed the price of the driver-assistance software that it calls Full...

Tesla's largest-ever staff cuts include two top execs Two of Tesla Inc.’s top executives have left in the midst of the carmaker’s largest-ever round of job cuts, as slowing electric-vehicle demand leads the company to reduce its global headcount by more than 10%. The cuts could reach closer to...

Tesla cuts car prices in US again Tesla Inc. cut prices on its most popular cars in the US again, days after its third-quarter deliveries missed estimates. The Model 3 sedan was lowered to $38,990 (R706,931) from $40,240 (R785,326), according to Tesla’s website.

Best-selling used EV models in SA South Africa's top-selling used electric vehicles (EVs) in the first half of 2023 were the BMW i3, Mini Cooper SE, and Volvo XC40 Recharge, according to AutoTrader's Mid-Year Car Industry Report. For the first time, the automotive classifieds website — one of...

What you should consider before buying a new car Most people don’t realise that cars could easily be their biggest lifetime expenditure and could even cost them more than their house. The way you go about buying, selling and owning cars can have a massive impact on your long-term wealth...

WeBuyCars now selling over 10,000 cars per month WeBuyCars recorded tremendous growth between October 2021 and March 2022, with revenue, sales, and headline earnings surging compared to the same period the year before. Transaction Capital detailed the used car dealer’s impressive half-year...