Appraiser Blog

Daily Car News Bulletin for May 17, 2016 General Motors Fuel Economy Ratings General Motors instructed dealers to stop selling their inventory due to incorrect EPA ratings. Fuel economy discrepancies could extend to 2 million vehicles. Most affected vehicles are Buick Enclave, Chevrolet Traverse, and GMC Acadia. Nissan Executive Changes Nissan

Daily Car News Bulletin for May 16, 2016 Tesla Hires Audi Executive Tesla hires Peter Hochholdinger, a senior director of Production on Audi A4/A5/Q5 and others, is going to be a vice president of vehicle production. Hochholdinger will be assigned to improve and increase production for Tesla’s luxury Model S sedan

Auctions Performance of Heavy Duty Trucks and Tractors – 2016   Heavy Duty Trucks and Over the Road Tractors The majority of Heavy Duty Trucks being sold at auction are Over the Road Tractors. Their values have dropped and are possibly settled in at a rather normal value reduction rate.

Daily Car News Bulletin for May 13, 2016   Honda Quarter Loss Honda Motor Co. posted a net loss for its most recent quarter of $859.56 million. Most of it is recent airbag recall cost related to a replacement of deadly airbag parts made by Takata. General Motors and Dealer Sales

Daily Car News Bulletin for May 10, 2016   Mitsubishi and Nissan Plans Mitsubishi and Nissan are planning to repay damages to customers from lower than reported fuel efficiency. The amount paid will depend on the fuel efficiency test by Japan transport ministry. Mitsubishi will pay Nissan’s portion since they supplied

Daily Car News Bulletin for May 9, 2016   Legal blow for key dealer-performance metric New York highest court has ruled against GM, as they violated state law by trying to cancel Chevrolet franchise for sub-par sales. A ruling that could force automakers to alter how they measure retailers’ sales performance

Daily Car News Bulletin for May 6, 2016 Driverless Chevrolet Bolt Self-driving Chevrolet Bolt Taxis, testing phase is planning to start within a year on public roads, technology created by Cruise Automation is going to be a major competition for Google. Studies from J.D. Power says consumers aren’t ready to

RV Values and Volume Rising – 2016 RV Analysis The weather has finally started to improve, and the performance of RVs at auction has followed suit. Motorized and towable units have once again moved in the same direction. Although both major market portions improved, motorhomes increase is less than one

Daily Car News Bulletin for May 5, 2016   Tesla Production Tesla production output expected to grow to 500,000 cars a year by 2018. This year production output is 80,000 – 90,000. Takata Faulty Airbags Causing Deaths Takata faulty airbags death toll increases. Recent 2 fatal crashes in Malasia involved ruptured

Daily Car News Bulletin for May 4, 2016   Auto Sales Report Total auto sale rose 3.5%, more than 1.5 million cars and light trucks. U.S. SAAR: April 2016: 17.42 million March 2016: 16.56 million April 2015: 16.77 million Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S.

Daily Car News Bulletin for May 3, 2016   Ford Gets Fined by Mexico Ford moving bad vehicles to Mexico and fined $1 million by Mexico’s environmental prosecutor. Vehicles are way under norms of regulating gas emissions and noise levels. Ford have no comments at this moment. BMW Profits BMW

Scandalous Testing Methods of Mitsubishi Motors   Fuel Economy Testing Methods That are not compliant with regulations for 25 years. Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC). MMC released a statement after losing a half of its market value, a 3.9 billion dollars, “In

Midsize Car Fuel Economy is Forced By Government – 2016   Federal Government Influencing Automakers The federal fuel economy target of 54.5 mpg by the 2025 model year masks a complex set of factors,  some of the are: Targets are determined by a vehicle’s size category. This ensures small cars

GMC Canyon Production and Suppliers for 2016.     GMC Canyon pickups manufactured between Jan. 21 and Feb. 4, 2016. They did meet some production problems on their way, the driver frontal airbag may improperly inflate during second-stage deployment in a high-speed crash, increasing the risk of an injury.  

Toyota Tacoma Production and Suppliers for 2016. Toyota has added third production facility based in Baja California, Mexico. Expected production output is 84,000 units for 2016.

Land Rover Discovery Sport Production and Suppliers for 2016.   Assembly of the new Land Rover Discovery Sport began in October 2014, England. Expected production output is 84,000 units for 2016.