Good morning and welcome to our weekly digest of automotive news from around the globe, starting with…

Used Car Prices Are Finally Falling In The United States

After nearly a year of inflated values, the U.S. used car market finally seems to be seeing a decline, with used vehicle prices dropping to their lowest level since September 2021. The Manheim Used Vehicle Value Index reveals that the Jeep Wagoneer is losing value the fastest, but interestingly the average used vehicle prices of models from Hyundai, Honda, and Mazda rose by between 0.3 percent and 0.9 percent throughout August.


2024 Mercedes-AMG C63 S Returns As A 671-HP Plug-In Hybrid That Says 4 Cylinders Is Fine

It’s all change at the top of the C-Class tree with the all-new 2024 Mercedes-AMG C63 S E Performance dropping the V8 engine and instead going for a four-cylinder turbo with the aid of a plug-in hybrid drivetrain. It also features all-wheel drive vs the outgoing model’s rear-wheel drive set-up, and four-wheel steering too. Plus, with a 671 hp (680 PS) and 752 lb-ft (1,020 Nm) combined output, the C63 S can now comfortably trouble cars in a class above.


2023 BMW Alpina XB7 Detailed With 630 HP And A $146k Price Tag

Now that the facelifted BMW X7 has had its time in the spotlight, the (now in-house) Alpina division has offered up its take on the flagship SUV. In addition to the usual exterior styling treatment, the Alpina XB7 gets a plusher interior with new wood, a hand-finished Alpina-branded sport steering wheel, and a jewel-like Alpina-branded iDrive controller and gear selector. Meanwhile, the bi-turbo 4.4-liter V8 engine with mild-hybrid tech now pumps out 630 hp (470 kW / 639 PS) and 590 lb-ft (800 Nm) of torque thanks to Alpina’s tuning, plus the chassis features numerous upgrades as well.


Ferrari F355 Burns To The Ground During Potential Buyer’s Test Drive

The burning down of this F355 was no doubt a heartbreaking incident for Ferrari fans the world over, but it was even more so for Tarek Salah, who had flown from Los Angeles, California, to Marseilles, France to test drive the car. While it’s unknown what caused the fire, which broke out on the test drive itself, it’s suspected that a fuel leak may have been to blame.


Other Stories


Dodge Summons The Black Ghost With 807-HP 2023 Challenger Last Call Special Edition


New 2023 Mitsubishi ASX Is Really Nothing More Than A Renamed Renault Captur


This Is What The Base Trim 2024 Ford Mustang’s Dual Tablet Screens Look Like


VW Lamando “5XL” is Almost 10 Feet Wide And No, It’s Not Photoshopped


2024 Volvo EX90 Confirmed As New Electric Flagship SUV, Debuts Nov 9 As Its ‘Safest Model Ever’

The successor to the XC90 will be dubbed the EX90, as confirmed by Volvo’s CEO, Jim Rowan. We also know that the new car will be unveiled on November 9, and it aims to be the safest Volvo ever, with state-of-the-art sensors (cameras, radars, LiDAR) and sophisticated software as standard. The new EV will also pay close attention to the driver with a new “Driver Understanding” system that will utilize interior cameras and a capacitive steering wheel to monitor the driver’s behavior.


2024 Ford Transit Custom Revealed With Diesel, PHEV, And EV Powertrain Options

The new 2024 Ford Transit Custom has been revealed in its diesel and PHEV forms, in addition to the fully electric e-Transit Custom that was unveiled earlier this month. The diesel version will feature Ford’s EcoBlue engine with up to 168 hp (125 kW / 170 PS), while the plug-in hybrid Transit Custom combines a 2.5-liter petrol engine with an electric motor and a battery for 222 hp (165 kW / 225 PS).


2025 Cadillac Celestiq-V: Crystal Ball-Gazing A Super-Performance Version Of The Electric Sedan

The Cadillac Celestiq offers a refreshingly non-crossover take on the future of ultra-luxury cars, with the new car confirmed to be a rather opulent land yacht. Thanks to the United States Patent and Trademark Office, we know that there will likely be four variants of the Celestiq: Aurora, Magnetic, Mist, and Vale. But we’ve been thinking further ahead and wonder if there’s a chance we’ll ever see a V performance edition to tackle the BMW i7 M70 or Lucid Air Sapphire. If there is, our speculative illustrations envisage what a 2025 Cadillac Celestiq-V would look like.


Hyundai Won’t Replace Car’s Engine Because Owner Didn’t Keep Oil Change Receipts

Hyundai has refused to replace the engine of a 2015 Genesis on the basis that the owner couldn’t prove that the car was properly serviced, despite the car having 91,000 miles (146,450 km) on the odometer and being under the 10-year/100,000 mile (160,934 km) warranty. The owner claimed that oil changes were performed, but as she couldn’t provide evidence, the repair was denied.


What Else Is Making The News


MotoGP Goes To India

The MotoGP World Championship will be headed to India from 2023, with the Grand Prix of Bharat taking place at the Buddh International Circuit. MotoGP will also be hosting MotoE in India, as a first for Asia.


Meta Tells Employees To Find A New Role In 30 Days Or Be Fired

Meta, the parent company of Facebook, Instagram, and Whatsapp, is downsizing further. The company has long used a 30-day list, in which employees marked must be rehired by another division within 30 days, or leave the company altogether. The company is now expanding this method in a bid to downsize in the face of continual losses.