Additional tariffs on new vehicles, if implemented by the U.S. government, could cause some consumers to buy a used vehicle instead of a new one, according to a recent study…
Tag: Trends
Overall Consumer Satisfaction with New Cars Improves
Overall consumer satisfaction has increased 10 points according to the J.D. Power APEAL Study….
Gas Prices Holding Steady
The national average gas price held virtually steady, falling just a tenth of a penny in the last week to an average of $2.860 per gallon this week…
REPORT: Little Relief in Sight for Steel Prices
Construction costs increased for the 21st straight month in July, according to IHS Markit and the Procurement Executives Group (PEG)…
CARB Backs California Amendment to Retain High Fuel Standards
The California Air Resources Board (CARB) has posted a proposal that would ensure 2021-2025 cars and light-duty trucks continue to meet tough standards in California…
U.S. Proposes New Fuel Economy Standards for 2021-’26 Vehicles
The U.S. government on Thursday made public its proposal to change fuel standards set in place during the Barrack Obama presidency…
California Governor and CARB Oppose Proposed Fuel Standards
They expressed their opposition to rules proposed by President Donald Trump’s administration that would rewrite greenhouse gas emission standards for model year 2021-’26 vehicles…
SEMA: Aftermarket Grows to $43 Billion
The automotive specialty equipment market experienced an eighth straight year of post-recession growth, reaching $43 billion in 2017…
SUV Shift Not Prominent Among All Groups
Consumer preferences for SUVs continue to rise, and at a faster pace than five years ago based on new loyalty and defection analysis from business information provider IHS Markit…
American Car Companies Still Mostly Manufacture at Home
American auto companies continue to manufacture the majority of their cars in the U.S., according to the 2018 Kogod Made in America Auto Index….
Backing Off Auto Tariffs, U.S. and EU Agree to More Talks
President Donald Trump and European leaders pulled back from the brink of a trade war over autos Wednesday and agreed to open talks to tear down trade barriers between the United States and the European Union…
Ford Forms Autonomous Vehicle Company
Ford Motor Co. has created Ford Autonomous Vehicles LLC, a new organization charged with accelerating its autonomous vehicle (AV) business to capitalize on market opportunities…
Truck Upgrades Accounted for Almost a Third of Aftermarket Purchases Last Year
American consumers in 2017 spent more money than ever modifying their vehicles, according to SEMA’s 2018 Market Report…
Study: Consumers Not Ready for Keyless Cars
Narrow demand and the limitations of the technology itself evoke questions about its readiness for a wider market…
Business Insider: The Fed Just Unloaded a Pile of Evidence U.S. Economy is in the 9th Inning
The labor market is hitting the wall and wages are accelerating…