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If you've ever shopped for a used car in the United States or Canada, you've probably come across the name Carfax. Many dealerships proudly advertise "Clean Carfax" or "Carfax Available" because buyers often view it as a sign that a vehicle has
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The European used electric vehicle market is showing strong momentum in 2026. While the overall used car market remains mixed across different countries, demand for pre-owned battery electric vehicles (BEVs) has reached record levels in several major markets. According to recent industry data, used EV transactions are growing significantly
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The electric vehicle market is entering a new phase, and for many consumers, it may be the most affordable phase yet. Over the past few years, electric vehicles have transformed from niche products into a mainstream part of the automotive industry. Major manufacturers have invested billions of dollars into EV
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The automotive industry is experiencing a significant shift, and it is not being driven by electric vehicles, autonomous technology, or new manufacturing strategies. Instead, the change is happening in driveways across America. According to a recent report from The Wall Street Journal, Americans are holding onto their vehicles longer than
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The automotive industry may be approaching a turning point that few buyers are fully prepared for. Over the next several years, hundreds of thousands of electric vehicles are expected to enter the used car market as lease agreements expire and fleet operators begin replacing older EVs with newer models. For
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The used car market continues to surprise both buyers and industry experts. According to the latest data from Cox Automotive's Manheim Used Vehicle Value Index, wholesale used vehicle prices have climbed to their highest level in nearly three years. The increase reflects strong demand across multiple vehicle segments
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Thousands of flood-damaged vehicles are making their way back onto the used-car market following recent storms and flooding events across the United States, according to new data highlighted by CARFAX. The company warns that many vehicles affected by floodwaters are being resold through auctions, wholesale channels, and independent
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The U.S. used-car market continues to show signs of strength as vehicle prices increased across every major segment in May 2026, according to the latest CARFAX Used Car Index. The report found that average prices rose by approximately 3.1% year-over-year, with hybrids and electric vehicles
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The global automotive industry may soon face another major trade conflict. According to recent reports, the United States is considering raising tariffs on European vehicles to 25%, a move that could seriously impact luxury automakers and international car exports. The proposed tariffs would affect brands such as: * Porsche; * BMW; * Mercedes-
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Toyota is betting heavily on artificial intelligence as the foundation for the next generation of vehicles and digital mobility. During a presentation at its experimental Woven City in Japan, the company introduced a new AI Vision Engine — a proprietary AI platform designed to power future safety systems, autonomous driving, and
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Electric vehicle sales across Europe continue to rise sharply in 2026 as drivers search for alternatives to expensive fuel and growing operating costs. According to new industry data, registrations of fully electric vehicles in major European markets increased by nearly 30% during the first quarter of 2026. Analysts say the