The U.S. and Canada came to agreement Sunday night on revisions to The North American Free Trade Agreement that could protect the U.S. auto industry from job-killing tariffs for building vehicles in Mexico and Canada…
Tag: Trends
Japan Avoids U.S. Auto Tariffs for Now
Japanese Prime Minister Shinzo Abe and President Donald Trump agreed to begin trade negotiations last week…
AAA Study: Drivers Rely Too Heavily on New Vehicle Safety Technologies
Many drivers are unaware of the safety limitations of ADAS in their vehicles…
The State of the Electric Vehicle Charging Infrastructure
The global electric vehicle population reached 3 million units at the end of 2017, which represents approximately 0.23 percent of the global vehicle population…
Outdoor Recreation Contributed 2.2 Percent to U.S. GDP
The final report with the first-ever government statistics recognizing the outdoor recreation industry as a significant contributor to the U.S. economy has been released…
Vehicle Loss From Florence Expected to Reach 20,000
After the heavy rains brought by Florence to the Carolinas stopped, estimates about the number of vehicles that were destroyed by the storm began to roll in that made it clear the storm would have far less of an impact than the pair of storms that reached Texas and Florida a year ago…
Fed Expected to Raise Interest Rates Again
The Federal Reserve appears ready to hike interest rates Wednesday for the third time this year, as the central bank responds to rising inflation and robust hiring by U.S. employers…
Bosch Survey Says: Most Americans Name Their Car Betsy
Americans are set to celebrate National Name Your Car Day on Oct. 2, whether or not they even know about it…
What do Rising Interest Rates Mean for Small Business Growth?
Although borrowing money will be costlier as interest rates rise, 34 percent of business owners in the NFIB Small Business Economic Trends survey said the next three months would be a good time to expand…
Moody’s: Light-Vehicle Sales to Grow Amid U.S. Tariff Threat
Moody’s outlook for light-vehicle sales remains stable as overall demand holds steady…
Notable Brands Increase Lease Prices in August
Wantalease.com reports that several automotive brands significantly raised prices in August on lease deals for mid-size and full-size cars, as well as pickups and SUVs…
Large Chrysler Dealer to Utilize Online Buying Platform
Dave Smith Motors, a Chrysler, Dodge, and Jeep dealer, is partnering with national marketplace Joydrive to offer consumers a platform to purchase vehicle online with no dealership visit necessary…
U.S. Manufacturing Business Continues to Expand
Manufacturing expanded in August and the general U.S. economy grew for the 112th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business…
Study: Commercial Vehicle Market to Remain Diesel Dominant Through 2040
Commercial vehicles will continue to run on diesel fuel for the foreseeable future, according to new research from business information provider IHS Markit…
Motorsports Attendance Declining, Except Among New-Car Buyers
Motorsports attendance and TV viewership is declining but that trend isn’t true for new-car and truck buyers. Attendance and TV viewership is increasing among that group, according to Foresight Research…