Car dealers fight the threat of extinction as the Teslafication of their industry intensifies

Tech Insider
A white car against a stormy sky.
Auto dealers are fighting to stay relevant.

AP Photo/David Zalubowski

Car dealers use TikTok to reveal industry secrets and the clever ways sellers get you to spend more on cars

Tech Insider
Dealers
TikTok videos are helping car dealers find new customers.

@bmwoftuscaloosa; @bakersfieldhyundai661

Your car probably isn't worth as much as you think. Here's how to know what it's really worth.

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used cars
In January, trade-in values stood at $21,984, down 14 from their peak of $25,556 in June 2022.

REUTERS/Peter Jones

Buying a car is never going to get better — so you might as well buy now

Tech Insider
A photo of a young couple paying for a new car at a dealership.
The auto market is actually the best it has been in three years, if you want more vehicle availability or if you don't want to pay sky-high prices for a new ride.

martin-dm/Getty

$30 million worth of Funko Pop figurines are headed to the dump, as the company looks to purge excess inventory

Tech Insider
Various Funko Pop vinyl figures arranged on a shelf.
Funko figures are displayed during ToyCon 2020.

Gabe Ginsberg /Getty Images

Kohl's blamed its rough quarter on a squeezed middle class, but one analyst says it's because stores are a mess

Tech Insider
Exterior of Kohl's store at night with car driving by outside

John Raoux/AP

Why Costco uses curiously large packaging for tiny products

Tech Insider
A large package for small jars of eye cream on display at Costco
Ten inches wide by 11 inches high — the ideal size for packaging smaller products for sale at Costco.

Dominick Reuter/Insider

The US economy may be inching closer to the cliff edge given these 4 troubling signs, Larry Summers says

Tech Insider : Economy
larry summers
Former Harvard University President Lawrence H. Summers attends a session at the World Economic Forum (WEF) in Davos January 26, 2008.

REUTERS/Stefan Wermuth

It's not just the chip shortage — other supply chain disruptions are wreaking havoc on automakers and helping keep prices high

Tech Insider
The F-150 Lightning production line at Ford's factory in Dearborn, Michigan
Ford recently had to stop production of the F-150 Lightning as it struggles with the EV transition and battery problems.

Jeff Kowalsky/AFP/Getty Images

Ford and GM have more cars on lots than Toyota or Lexus as inventory remains scarce

Tech Insider
An auto dealership selling the Jeep Grand Cherokee and other Chrysler vehicles is seen in Los Angeles July 24, 2015. REUTERS/Phil McCarten
Domestic automakers like Stellantis had more vehicle inventory than other brands in January.

Thomson Reuters

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