Auto Industry Recovery Becomes a Five Year Plan
Jun 5, 2020
The Coronairus might be a non-issue by 2025, but the impact it has had on the automotive industry is expected to continue to be felt at least that long. According to the global management consulting firm AlixPartners, the auto industry could be in a “desert of profits” scenario as the longterm impact plays out. ... Continue reading
Why Are We Still Talking About Hydrogen Economy and Fuel Cells?
Jun 4, 2020
Looking at the periods where hydrogen technologies, in particular fuel cells, were promoted, it is possible to recognize two main periods: The oil crisis in the 1970's The global warming issue in the 2000's During the 1970's a first spark for hydrogen technologies led to an increase of government subsidy, particularly ... Continue reading
New Research Reports Shift from Auto Insurance Transaction to Mobility Customer Experience
Jun 4, 2020
The report provides a detailed analysis into the generational differences in the types of transportation options used and the expectations for a broader mobility experience that includes a risk product, access to other transportation options, and other value-added services. ... Continue reading
Honda and Acura Show Renewed Sales Strength in May 2020
Jun 2, 2020
June 2, 2020 American Honda Total 120,977-16.9% Cars 51,169-24.6% Trucks 69,808-10.1% Total 10,341-23.7% Cars 2,583-30.3% Trucks 7,758-21.2% Total 110,636-16.2% Cars 48,586-24.3% Trucks 62,050-8.5% American Honda Total 120,977-16.9% Cars 51,169-24.6% Trucks 69,808-10.1% Total 10,341-23.7% Cars 2,583-30.3% Trucks 7,758- ... Continue reading
PureCars Auto Sales Scoreboard May 22 - 28; Used Vehicles Dominate Top Sales
Jun 2, 2020
Brand performance sales data from PureCars illustrates which brands, models and new vs. used saw the biggest sales during the period of May 22 - May 28. ... Continue reading
Mazda Reports May Sales Results
Jun 2, 2020
Mazda North American Operations (MNAO) today reported total May sales of 24,933 vehicles, a decrease of 1.0 percent compared to May 2019. Year-to-date sales totaled 103,543 vehicles, a decrease of 10.5 percent. ... Continue reading
Average New-Vehicle Prices Up 4% Year-Over-Year in May 2020, According to Kelley Blue Book
Jun 1, 2020
The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,940 in May 2020. New-vehicle prices increased $1,618 (up 4.3%) from May 2019, while prices dropped $244 (down 0.6%) from last month. “Though new-car sales will be down sig ... Continue reading
EIA Says Light Truck US Sales Fairing Wuhan Virus Storm Better Than Cars
May 29, 2020
U.S. Energy Information Administration, based on U.S. Bureau of Economic Analysis The 729,000 vehicles sold in the United States in April 2020 amounted to the lowest total since early 2010. The seasonally adjusted annual rate (SAAR) of light-duty vehicle sales in April is the lowest in the U.S. Bureau of Economic Analy ... Continue reading
Cars.com Reports the Top 10 Memorial Day Car Deals for Americans Ready to Buy This Weekend
May 24, 2020
Cars.com's research found that of those ready to buy this weekend, 76% plan to buy new, 14% used, 3% certified pre-owned and 7% of shoppers are undecided. The group is largely focused on shopping for domestic cars (60%), followed by import cars (44%). About 35% plan to buy a luxury vehicle.¹ "Our research proves shopp ... Continue reading
Nutson's Weekly Automotive News Digest - Week Ending May 23, 2020
May 24, 2020
* Important or pithy automotive news, Opinion and back stories in expert-created easy to digest news nuggets. ... Continue reading
TACH Automotive News Library Indexed By Single Topics (1993-2023)
May 23, 2020
Single Topic Automotive Content Index ... Continue reading
MINI Oxford Edition MSRP Starts $19,750
May 23, 2020
MINI Oxford Edition Now Available to All Customers Versatile 2020 MINI Countryman Oxford Edition Joins Value-oriented Lineup Woodcliff Lake, NJ, May 21, 2020. MINI USA today announced that it is now making its value-oriented MINI Oxford Edition line-up available to all customers. ... Continue reading
Expert Insight: Auto Dealer Ad Spending Trends Entering Memorial Day Weekend
May 22, 2020
New data from PureCars CEO, Jeremy Anspach, that shows the increase in ad spending from auto dealers in May (to date) compared with all of April spending. Background: Auto sales slowed significantly in March when the COVID-19 pandemic forced many people across the country to stay home. ... Continue reading
May 22, 2020
Li Shufu, Chairman of Geely Holding, submitted three proposals to the 2020 Two Sessions meeting in Beijing. First proposal calls for a redistribution of automotive taxation proceeds to be shared between central and regional governments. ... Continue reading
U.S. News Announces Best Memorial Day Car Deals
May 21, 2020
U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled 2020's Best Memorial Day Car Deals. The list includes nine vehicles, including two trucks and multiple family-friendly vehicles, with excellent financing or lease incentives. ... Continue reading
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