Appraiser Blog

Daily Car News Bulletin for July 8, 2016   Honda Stops Production of Compact CR-Z Honda Motor is stopping the production of the compact CR-Z hybrid, whose performance struggled compared to the competition. Output for the U.S. market has already ended as Honda engineering Accord Hybrid. The CR-Z first made the first appearance

Daily Car News Bulletin for July 7, 2016 U.S. Auto Sale Forcast by S&P S&P Global Ratings estimating auto sales for U.S. to 17.5 million vehicles from 17.8 million this year, saying the slowing of demand comes from individual buyers and the effect on the nation’s economy from U.K. voters’

Vehicle Values and Depreciation Rates – July 2016   Beginning of July Movements – Overall car values decreased 0.54% last week. That’s the highest overall weekly depreciation rate since the first week of 2016. – Compact  Midsize Car segments received the highest weekly depreciation rates at -0.83%. – Midsize Car segments

Daily Car News Bulletin for July 5, 2016 Mitsubishi Joins Renault-Nissan Alliance  Nissan Motor and Renault SA are already expecting a 28 percent increase in joint cost savings to $6.11 billion by 2018, and already thinking of bringing Mitsubishi Motors into the alliance to further boost profits. Senio vice president

Daily Car News Bulletin for July 1, 2016   Tesla Model S Crash NHTSA investigates fatal crash of 2015 Tesla Model S in Autopilot mode. NHTSA spokesman said the agency’s preliminary evaluation would examine the design and performance of the Model S’ automated driving system and whether a defects exists. A police

Daily Car News Bulletin for June 30, 2016 Warning for Acura and Honda Owners U.S. officials warned owners of some 2001-2003 Acura and Honda vehicles that include Takata airbags to stop driving their cars when additional research showed that the vehicles have as much as a 50 percent chance of

Daily Car News Bulletin for June 28, 2016 Lincoln Trying to Stay Ahead Lincoln said today that it will provide free pickup and delivery of service vehicles to new owners starting with 2017 models. The company will pick up a customer’s car, leave a Lincoln of equal or greater value to use

Daily Car News Bulletin for June 27, 2016   GM and Ford Alliance The Chevrolet Camaro will share a transmission with the Ford Mustang, production starts in 2017. The partnership between General Motors and Ford was once unimaginable, but cost cutting, engineer shortages, and increasing regulations made it inevitable.The 2017

Daily Car News Bulletin for June 24, 2016   Brexit Reaction Sales and production are being hit in Europe’s second-biggest auto market after Germany after UK’s surprising vote to exit the European Union. Many conditions for supplying the European market will now have to be re-negotiated. Ford has three plants in the UK,

Daily Car News Bulletin for June 23, 2016   FCA Software Update Fiat Chrysler has sent the dealers new software update called “Auto Park” that intends to prevent the vehicles from moving when the driver’s side door is open and the shifter is not in park. FCA Dealerships will begin

Daily Car News Bulletin for June 21, 2016   BMWPrepases For The Future BMW is acting quickly to acquire new technology expertise in a race with the companies like Apple and Google to make cars smart enough to react like human drivers in case of emergency. BMW is acquiring startups,

Daily Car News Bulletin for June 20, 2016 Dodge Journey Comes to Italy Fiat Chrysler will move production of Dodge Journey from Mexico to Italy when the vehicle is redesigned for the 2019 year model. Dodge Journey is expected to share a platform with the Alfa Romeo Giulia, which means

Arrival of 2017 GMC Acadia   Specifications Trains: Base 2.5-liter, four-cylinder, six-speed automatic transmission, 3.6-liter V-6 (optional). Technology: New “active twin clutch” all-wheel-drive system for better handling on slick surfaces. Safety: Front pedestrian braking, surround-vision camera system (optional). U.S. sales target: 115,000 (estimate). Rivals: Toyota Highlander, Ford Explorer, Honda Pilot.