Most automakers have released second-quarter data, but many do not provide monthly figures. Mercedes-Benz and Jaguar Land Rover will release their results later this month. Q2 2021 Q2 2020 6Mo 2021 6Mo 2020 Q2 Change Percentage Increase 6Mo Change Percentage Increase Acura 50,496 27,458
Top Automotive Startups To Look Out For in 2021 Although there has been a lot of economic uncertainty and turmoil in the past 2 years, mainly due to the COVID-19 pandemic, things are look bright as ever when it comes to the automotive industry. Taking a welcome shift from traditional
Different Operational Vehicles by Different Automakers in the U.S. The automotive industry is one of the top industries in the world, and there are several automakers in the United States that sell operational vehicles throughout the country. According to the Made in America Auto Index, 65% of the vehicles inside
The 2021 Vehicle Depreciation Report Covers the Following Topics: What will drive vehicle depreciation in 2021? Where is the Wholesale Value Index projected to go in 2021? U.S. Auto Outlook for 2021 Key Points: Auto Depreciation Slows in 2020 Full-Size Trucks and Luxury Segments Outperformed Expectations Residual Forecasts Projected to
A quick recap of Auto industry-related headlines for June 2021 Wholesale prices remain strong, however, there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling. Cars segments at +0.75% are the lowest weekly gain in seventeen weeks and
Electric cars have become hugely popular in the past decade, and even if you don’t own them or plan on buying them, there is a vast array of information that ensures you know everything about them. Over the years, the technology has become cheaper and accessible, leading to more affordable
The advent of technology and innovation has revolutionized many different industries and sectors, including the automotive industry, which has seen a massive paradigm shift towards smart cars, driverless cars, electric cars, and much more. There are many new and emerging trends in the automotive industry that will only continue to
Tips and Tricks to Find the Best Car for Your Needs In 2021 If you are purchasing your first ever car and have no prior knowledge of this field, then you may be in a fix. However, you are not alone. Many people go through this dilemma all the time,
The Used Car Price Inflation of 2021 Our company appraises hundreds of vehicles a month and we’ve noticed a steady rise in vehicle values. The same car is worth more today than it was a year ago. Below is a pricing analysis of the top 5 vehicles we’ve appraised so
May 2021 Auto Market Update The week-over-week increases continued for a sixteenth consecutive week. It is now clear that 2021 will also not have typical seasonality patterns as the market is going through a rapid increase in wholesale values. The spring market arrived about 7 weeks earlier and with much
Dealer Incentives and Rebates 2020 versus 2021 High vehicle demand and reduced inventory caused by factory shutdowns due to covid pushed dealer rebates and incentives down by an average of 25% from 2020 to 2021. In other words, sale prices as a percentage of MSRP are higher in 2021 than
Ga. Comp. R. & Regs. r. 120-2-52-.06 Total Loss Vehicle Claims Georgia Administrative Code Department 120. RULES OF COMPTROLLER GENERAL Chapter 120-2. RULES OF COMPTROLLER GENERAL OFFICE OF COMMISSIONER OF INSURANCE Subject 120-2-52. FAIR AND EQUITABLE SETTLEMENT OF FIRST PARTY PROPERTY DAMAGE CLAIMS Current through Rules and Regulations filed
Book1 Top 5 Car Makers by Total Vehicles in Operation Ford, 43 Million Chevrolet, 40 Million Toyota, 34 Million Honda, 23 Million Nissan, 17 Million Top 5 Car Makers by Percentage of Vehicles Older than 5 Years Scion, 88% Dodge, 80% Smart, 76% Chrysler, 75% Buick, 71% Top 5 Car
Collision Repair Estimate on Steady Rise Traffic levels — as well as accidents — plummeted during the pandemic as many people worked from home and rarely ventured out, body shops offset the volume shortfall by increasing estimates beyond normal monetary inflation. She says most shops reported a 15 to 20
March 2020 Automotive Market Update A quick recap of industry-related headlines over the last month: The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices. We have been tracking these week-over-week price changes since 2009 and last week’s overall
Loyalty is defined by consumers who return and buy a new vehicle from the same manufacturer. The percentage shows how many clients return to buy a car from the same car maker. Loyalty List of Car Manufacturers – Alphabetical Aston Martin 51.60% BMW 68.30% Mini 50.10% Rolls-Royce 54.44% Alfa
54 New Car Dealerships Shut Down in 2020 The number of U.S. dealerships dropped in 2020 after steady gains for the last 10 years. Back in 2012 as the US was recovering from the great recession, there were 17,858 new car dealerships in America. the count at the beginning of
Auto industry data for March 2021. Wholesale values continued their gains l with all segments reporting increases in valuations. The mainstream car and truck segments had the largest gains, but the luxury segments are also seeing positive momentum. Remarketers raised floors last week and anticipate doing the same heading into
U.S. Automotive Social Media Insights – 2021 February 26, 2021 The U.S. Automotive Social Media Insights report delivers highlights to what customers are saying in their social media discussions about specific cars. The table below outlines the total volume of shared social media articles per car manufacturer or brand, as
The Body Shop Repair Decline of 2020 State-mandated stay-at-home orders and employees working from home during the pandemic significantly decreased the number of vehicles on the road, resulting in fewer accidents and body shop repairs. Rate of decline in repairable appraisal counts, excluding comprehensive losses, by quarter: Q1 Q2
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