Recent gains in consumer confidence reversed last month, suggesting slowing economic growth and a rise in recession fears…
Tag: Trends
TechForce Report Finds Decline in Supply of New Technicians
Supply of incoming automotive techs from post-secondary programs dropped 11.8% last year, according to the report…
Report: Supply Chain Disruptions Easing
According to a new study from the National Federation of Independent Business, supply chain disruptions are easing for small business owners, a Bloomberg report said. While 31% of owners reported that supply-chain disruptions have had a significant impact on their business and another 31% said the effect was moderate, that’s lower than in July and the… Continue reading Report: Supply Chain Disruptions Easing
L.A. Auto Show Display to Highlight Aftermarket, California Car Culture
‘The Garage Aftermarket’ will feature a selection of customized vehicles, including lowriders, exotics, classics, cruisers, muscle cars, off-roaders and more…
KPI — October 2022: The Brief
Business owners are still seeking opportunities to grow despite inflation, worker shortages and other economic challenges…
KPI — October 2022: State of Business
Vehicle retail sales showed a modest increase from a year ago but the sales pace still falls below its potential due to tight vehicle availability…
KPI — October 2022: Recent Vehicle Recalls
2021-2022 Mercedes GLS SUVs Vehicles Affected: Approximately 60,000 Mercedes GLS full-size SUVs are being recalled. Affected models include 2021 AMG GLS63s and model-year 2020-2022 GLS450s and GLS580s. The Problem: The third-row seatback lock may not restrain occupants as intended, thereby increasing the risk of injury during a crash. The Fix: Dealers will inspect and replace… Continue reading KPI — October 2022: Recent Vehicle Recalls
KPI — October 2022: State of the Economy
Over half of Americans are reporting inflation as a significant source of economic stress…
KPI — October 2022: Consumer Trends
Consumer reaction was mixed, but overall confidence improved for the second consecutive month…
Rail Union Rejects Deal, Renewing Strike Possibility
The third largest rail union, the Brotherhood of Maintenance of Way Employes Division, rejected its deal with freight railroads, renewing the possibility of a strike that could cripple the economy, according to CBS News. According to the report, both sides will return to the bargaining table in an attempt to renegotiate the contract that four… Continue reading Rail Union Rejects Deal, Renewing Strike Possibility
Report: Vehicle Inventory Improving, Demand Decreasing
Dealership inventory is finally starting to improve, but demand for new cars is expected to decrease as interest rates skyrocket, according to a new report from CNBC. New vehicle loan rates have risen by around 2%, according to the report, and comes at a time when many household budgets are already being squeezed by record… Continue reading Report: Vehicle Inventory Improving, Demand Decreasing
Ford Maverick Retrospective
A look back at the history of the original Ford Maverick…
Supply Chain Struggles Impacting Electric Vehicle Adoption
A new white paper from Cox Automotive examines how supply chain challenges have impacted electric vehicle adoption, and how manufacturers are reacting to the barriers prohibiting quicker expansion of the EV segment. According to Cox Automotive Mobility, the white paper offers the company’s perspective on the following core themes: State of EV Adoption – Americans… Continue reading Supply Chain Struggles Impacting Electric Vehicle Adoption
Q&A with RealTruck’s Tony Ambroza
The RealTruck executive answers questions about Truck Hero’s rebrand…
From the Mag: Bright Skies – Part II
An interview with Bill North, president of Sunroof company Champion Automotive Systems…