Wednesday, January 2, 2019

Average New-Car Prices Up More Than 1 Percent Year-Over-Year for December 2018, Closing the Strongest Year of Growth Since 2013, According to Kelley Blue Book

IRVINE, Calif., January 3, 2019 – The analysts at Kelley Blue Book today reported the estimated average transaction price for light vehicles in the United States was $37,577 in December 2018. New-vehicle prices increased (up 1.3 percent) from December 2017, while decreasing $93 (down 0.2 percent) from last month. ... Continue reading

Future of the lithium-ion battery

Special to The Auto Channel From LMC-Auto January 2, 2019; For the foreseeable future, the success of battery electric vehicles (BEV) heavily relies on improvements being made to lithium-ion technology. Consumers are demanding longer driving range and lower costs if they are to make the switch to electric driving. ... Continue reading

NADA End-of-Day Automotive News Recap : GM To Lose EV Tax Credit; Arizonians Pissed Off At Waymo; Less Than Half Of Americans Believe That Autonomous Cars Will Mainstream

General Motors Co. hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said Wednesday.Source: Reuters Feb. ... Continue reading

Top NADA Automotive Stories January 2, 2019

Top Stories New Year Promises Confrontation, Change for Detroit AutosHappy New Year: Detroit's three automakers are poised for the most tumultuous year since two of them emerged from federally induced bankruptcy a decade ago. Expect the year ahead to bring confrontation and change. ... Continue reading

Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

PALO ALTO, Calif., Jan. 02, 2019; In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries. ... Continue reading

Hyundai 'Elevate' Walking Car Concept Creates a New Vehicle Category, the UMV, Ultimate Mobility Vehicle

At CES 2019, Hyundai will present a totally new vehicle concept. Wheels with robotic legs allow users to drive, walk or even climb over the most treacherous terrain ... Continue reading

Cruze v. Cruise

Cruze v. Cruise By Maureen McDonald Senior Editor Michigan Bureau The Auto Channel Between the names Cruze (Automation) and Cruise are the future's of 1,000 plus workers. If your mind gets addled by all the news generated in the 24/7 scrum, you get confused by General Motors Cruise and Cruze. ... Continue reading