The auto market’s always buzzing with activity, and the week ending August 03, 2024, is no exception. In this update, we’re diving into the nitty-gritty of wholesale prices, car and truck segment performances, and the state of the used retail market. We’re not just rehashing the same old data; we’re
Imagine cruising down the highway, your car’s autopilot fully engaged, while you catch up on your favorite series. This futuristic scenario hinges on advanced autonomous vehicle technology. However, the US government is about to throw a wrench into the works by proposing a ban on Chinese software in these high-tech
Imagine cruising down the highway, enjoying the open road, and unbeknownst to you, your car is busy collecting data on your every move. Sounds like a sci-fi plot, right? Well, it’s not. This is happening right now, and what’s worse, this data is being sold to insurance companies for next
As July comes to a close, the auto market is showing signs of stabilization. The depreciation rates, which had seen significant declines in previous weeks, are now aligning more closely with typical rates for this time of year. Let’s dive into the specifics of the week ending July 27, 2024,
Electric vehicles (EVs) are steering the automotive industry into the future, and recent registration data paints a fascinating picture of this rapidly evolving market. While Tesla has long dominated the EV scene, the latest figures reveal some surprising trends. Here are four key insights from the most recent U.S. EV
The automotive industry has seen notable shifts in 2024. While some automakers experienced significant growth, others faced challenges. This analysis delves into the sales performance of the top 10 automakers in the first half of 2024, highlighting key trends and market dynamics. Top 10 Automakers in 2024: Sales Analysis and
When it comes to car accident repairs, location plays a surprisingly significant role. While many people focus on insurance rates, repair costs can vary dramatically from state to state. Recent research by the Dolman Law Group reveals that drivers in some states enjoy much lower repair bills than others. So,
Understanding vehicle depreciation is crucial for anyone involved in buying, owning, or selling vehicles. Depreciation impacts a car’s value over time, affecting insurance rates, resale prices, and overall costs of ownership. In 2024, several market trends are influencing vehicle depreciation, shedding light on how different factors play a role in
Introduction In the vast landscape of the US automotive market, the competition between small cars and larger vehicles is both fierce and fascinating. With the rise of SUVs and trucks, one might assume that small cars would struggle to find their place. However, these compact vehicles continue to carve out
Introduction When purchasing a car on finance, many buyers focus primarily on the sticker price and monthly payments. However, the terms of the loan, especially its duration, play a crucial role in determining whether a buyer might face negative equity. The recent Consumer Financial Protection Bureau (CFPB) report provides valuable
Ram and Porsche have risen to the top in the 2024 J.D. Power U.S. Initial Quality Study, marking significant milestones for these brands. Let’s dive into the details of the study and explore what sets these automotive leaders apart. Top Quality Automotive Brands of 2024: Expert Analysis (PDF) 2024 Automotive
Electric vehicles (EVs) are having a moment in the U.S., and factory incentives are playing a huge role. Despite Tesla’s notable decline in market share, other automakers are stepping up, thanks to some hefty incentives that are making EVs more affordable than ever. Let’s dive into the details and see
Hey there, car enthusiasts and market watchers! Buckle up, because we’ve got the latest scoop on the auto market for the week ending June 15, 2024. This week, while the market continued its downward trend, the rate of depreciation has thankfully slowed down a bit. So, let’s dive into the
The electric vehicle (EV) market is set for an exciting year in 2024. Think about how quickly things can change when new technologies, smart policies, and strong partnerships all come together. This year, expect big changes that will reshape how we view electric cars, with fresh data and insights leading
Automakers are no longer just sitting on the sidelines as states debate policies on electric vehicles (EVs). They’re diving into legislative discussions, influencing everything from infrastructure funding to housing requirements. This article explores how automakers are responding to these complex policy debates and what it means for the future of
The landscape of the US auto dealership industry has seen some interesting shifts over the past year. From strategic expansions to evolving customer preferences, the top players have navigated these changes with varying degrees of success. In this article, we’ll take a close look at the rankings of the leading
Wondering how the auto market is shaping up as we head into the summer? Well, you’re in the right place! This week’s update uncovers some intriguing trends that most websites gloss over. Let’s dive into the data and see what’s happening in the world of cars and trucks. Auto Market
Accidents happen, and when they do, they can really hit you in the wallet, especially if you own a vehicle like the 2022 GMC Canyon Denali. When a car gets damaged and repaired, its market value usually takes a hit. This decrease in value is known as diminished value. In
The auto market for the week ending May 18, 2024, is marked by a sense of stability with subtle yet significant shifts that paint a detailed picture of current trends. While overall prices remain steady, a closer look reveals interesting dynamics across various segments. Auto Market Update Week Ending May
The Biden administration’s recent decision to impose stiff new tariffs on Chinese electric vehicles (EVs) and critical minerals has sparked a wave of discussions. While some believe this move is necessary to bolster domestic production, others are concerned about the immediate economic impacts and the potential rise in EV prices.
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