Auto Market Recap and Wholesale Price Trends – November 2023 In the wake of a resolved six-week auto workers’ strike, the auto market in November experienced a tumultuous ride, marked by significant wholesale price fluctuations. This recap delves into the intricate details of the market’s movements, highlighting the key segments
In the ever-evolving automotive landscape, electric vehicles (EVs) are at the forefront of a sustainable future. A recent survey has brought attention to the reliability challenges faced by EVs compared to their traditional internal combustion engine (ICE) counterparts. This article delves into the survey findings, illuminates the hurdles confronted by
Navigating the Changing Landscape of EV Tax Credits: White House Unveils Foreign Entity of Concern Rules As the electric vehicle (EV) industry continues to surge forward, the Biden administration has recently detailed crucial guidance that could significantly impact the eligibility of EVs for tax credits. The focus of the guidance
In the hustle and bustle of everyday life, an unexpected collision can turn an ordinary day into chaos. Whether you’re an off-road enthusiast or a city driver, accidents happen, and the aftermath can extend beyond visible repairs. Did you know that even after meticulous fixes, your 2022 Honda Passport may
Automotive Affordability Crisis: A Global Perspective The landscape of the automotive market is undergoing a significant transformation, with rising vehicle prices in the US and Europe leaving budget-conscious consumers with limited options for affordable cars. This phenomenon is exacerbated by the increasing prominence of premium-priced electric vehicles (EVs) entering the
Auto Market Update Week Ending November 25th, 2023 As we reflect on the week ending November 25th, 2023, which encompassed the Thanksgiving holiday, the auto market displayed notable trends despite the shortened work week. A consistent theme emerged as the market experienced significant declines, extending the trend from the preceding
Decoding the Total Loss Formula: Why Flooded Cars Qualify In the aftermath of a car accident or a natural disaster, the fate of your vehicle rests on a crucial decision made by the insurance company – whether to declare it a total loss or proceed with repairs. When it comes
Electric vehicles (EVs) are undeniably making waves in the automotive industry, transforming the landscape of transportation and challenging the dominance of traditional gasoline cars. In this article, we delve into the intricacies of the EV market share in the U.S., exploring the data, dissecting the nuances, and shedding light on
2021 Lexus ES Diminished Value Case Study (PDF) Welcome to our exploration of the 2021 Lexus ES 350—a luxury sedan admired for its comfort and advanced features. In the event of an accident, we uncover a crucial aspect often overlooked: diminished value. Join us as we dive into the specifics
For years, motorcycles have symbolized the exhilaration of the open road, admired for their mechanical simplicity. But recent times have witnessed a remarkable surge in technological advancements, ushering in a futuristic era for riders. The motorcycle industry, once tethered to the fundamentals of fuel, gear-shifting, and power, has now enthusiastically
Auto Market Update Week Ending November 18, 2023 In the latest edition of our Auto Market Update for the week ending November 18, 2023, the automotive industry witnessed significant declines across various segments, setting new records for the largest single-week decreases. The pressing question now echoes throughout the industry: where
Diminished Value Claims in Florida: Securing Fair Compensation for Your Vehicle In the aftermath of a car accident, the importance of understanding Diminished Value Claims in Florida cannot be overstated. With a limited four-year window for tort claims in the state, this guide is your key to maximizing compensation. We
The global shift towards electric vehicles (EVs) has encountered a significant roadblock — the price tag. According to a survey conducted by S&P Global Mobility, nearly half of the 7,500 respondents worldwide cited high EV prices as the leading barrier to adoption. Despite a notable drop in average EV prices
Have you ever wondered if your investment in a luxury car, specifically the 2020 Acura MDX, could be impacted by an unfortunate accident? In this case study, we delve into the aftermath of an accident involving the 2020 Acura MDX and explore the concept of diminished value. Whether you’re a
California Paves the Way: Standardized Diagnostic Systems for EVs Set to Revolutionize Repairs In a significant leap toward simplifying electric vehicle (EV) diagnostics, California is taking the lead in proposing regulations that mandate the implementation of an industry-standard diagnostic system for EVs. This groundbreaking move aims to address the current
Navigating the Auto Market Landscape: Post-Strike Insights for Week Ending November 11, 2023 Emerging from the shadow of recent strikes, the automotive market is undergoing a course correction, notably within the Truck and SUV sectors. This week’s update unveils unprecedented single-week depreciation in Full-Size Vans and Full-Size Trucks, setting new
Leasing a Used Car: A Comprehensive Guide Leasing a used car can be an enticing option, offering the allure of a lower monthly payment compared to a brand-new model. This practice has become more prevalent, with dealerships increasingly providing lease options for Certified Pre-owned (CPO) vehicles. However, navigating this avenue
Analyzing the 61% Rise: EV Registrations Hit 852,904 in the U.S. The electric vehicle (EV) revolution is in full swing in the United States, with registration data revealing a substantial growth in EV market share, reaching 7.4% through the third quarter of this year, according to Experian. Despite initial concerns
In the fast-paced world of automobiles, accidents happen, and with them comes the potential for diminished value. In this case study, we delve into the specifics of diminished value concerning the 2019 Honda Ridgeline. Whether you’re a proud Ridgeline owner or just curious about the aftermath of car accidents, read
Best Auto Incentives and Rebates in November 2023 Greetings! Welcome to our weekly Auto Incentives and Rebates update, where we strive to provide you with the most current and exciting news. Our mission is to assist you in discovering exceptional deals and savings for your desired vehicle. To ensure accuracy,
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