Imagine this: You’re cruising in your shiny new 2024 Chevrolet Camaro, feeling on top of the world. The car is everything you’ve ever wanted—powerful, sleek, and a true head-turner. But then, the unthinkable happens: an accident. Thankfully, no one’s hurt, and the car gets repaired. But now, something’s changed. It’s
A seismic shift has occurred in China’s automotive market, a transformation so rapid and significant that it’s leaving the rest of the world in its wake. In July 2024, China reached a landmark achievement: more than half of all new cars sold were either electric vehicles (EVs) or hybrids. This
The automotive industry is abuzz with anticipation as Mercedes-Benz gears up to introduce its electric CLA crossover, poised to challenge the dominance of the Tesla Model Y. With production slated to begin in October 2025 in Rastatt, Germany, this new entry from Mercedes promises to be a game-changer in the
Vehicle dependability is on the decline, as recent data reveals an uptick in issues after three years of ownership. This year, nearly two-thirds of the brands studied show increased problem levels, pushing the industry average up by 4 problems per 100 vehicles (PP100) to 190 PP100. The gap between initial
Hey there, auto enthusiasts! This week’s auto market update is packed with insights you won’t find elsewhere. We’re diving deep into the latest trends, focusing on wholesale prices, car and truck segments, and the factors driving these changes. So buckle up and let’s get started! This Week Last Week 2017-2019
Electric vehicles (EVs) have swiftly transitioned from a futuristic concept to a mainstream reality, increasingly dominating our roads. In just the second quarter of 2024, an impressive 700 new fast-charging stations have emerged, fueling the rapid expansion of the EV infrastructure at a remarkable pace. But will this surging growth
Are you curious about what made the Chevrolet Caprice Georgia’s most-sold car in the 80s? You will drive into an in-depth analysis of this absolute auto market icon. Learn about all the secrets, features, and cultural casualties. Ready to know all the major events that made the Caprice stand out
Despite rising auction conversion rates, the days to turn on dealership lots are consistently increasing. In terms of valuations, the market continues to decline at a pace that surpasses pre-pandemic norms for this time of year. This Week Last Week 2017-2019 Average(Same Week) Car segments –0.54% –0.62% –0.39% Truck &
Electric vehicles (EVs) are steadily gaining traction in the automotive market, thanks in part to various incentives aimed at promoting their adoption. But how do these incentives impact the resale prices of EVs? Let’s explore the effects of increased incentives on EV resale values and what this means for consumers
Searching for The Best Insurance in Georgia? Looking for the best car insurance for you can feel like hunting for a needle in a haystack. There are so many options. For sure you’re having a hard time trying to know which one offers the best for you. You don’t need
Wholesale Prices: Week Ending July 6, 2024 June is already gone! First things first, we hope you had an awesome 4th of July! But now it is time to get back into business. Download the Auto Market Update July 2024 – Week 1 PDF Zooming in the Decline There was
Electric vehicles (EVs) have been revolutionizing the automotive industry, offering eco-friendly alternatives to traditional gasoline-powered cars. Recently, a notable shift has occurred: for the first time since February 2023, the average price of an EV has fallen below Tesla’s average. This intriguing trend has significant implications for the market, consumers,
Had an accident with your 2024 Chevrolet Trax? It’s frustrating, right? Besides dealing with repairs, you’ve got to think about how much your car’s value has dropped. But don’t worry, we’re here to help you figure that out. 2024 Chevrolet Trax Diminished Value Case Study (PDF) What is Diminished Value?
The automotive market is a dynamic and ever-changing landscape. This update for the week ending June 29, 2024, delves into unique and often overlooked aspects of the auto market, including wholesale price trends and depreciation rates. Auto Market Update Week Ending June 29, 2024 (PDF) Wholesale Prices: Week Ending June
The auto market’s recent performance has been quite the rollercoaster, hasn’t it? Let’s dive into some intriguing data and insights that you won’t find on most other sites. We’re talking about the nitty-gritty details that really make a difference. Auto Market Update Week Ending June 22, 2024 (PDF) Wholesale Prices,
Accidents are stressful and often leave you wondering about the state of your vehicle. Determining whether your car is totaled can be a daunting task. As a professional car appraisal company, we have encountered many cases where vehicles are beyond repair. In this guide, we will explore the signs that
The EV market is heating up, but it’s not Tesla that’s driving the excitement. Surprisingly, while Tesla’s sales are stumbling, other carmakers are seeing their electric vehicle sales soar. Let’s break down why non-Tesla EVs are booming and what this means for the industry’s future. Why Non-Tesla EV Sales Are
When it comes to finance and insurance (F&I) products, convenience is not just a perk for Gen Z buyers—it’s a necessity. A recent survey by Protective Asset Protection underscores this trend, showing that the ease of researching and purchasing F&I products significantly impacts their buying decisions. Let’s explore why convenience
The auto market saw some significant movements last week, with an accelerated depreciation rate across all segments, marking the most substantial decline since mid-December 2023. Notably, the midsize car and midsize crossover/SUV segments experienced the largest declines. Let’s dive into the specifics. Auto Market Update Week Ending June 08, 2024
The trucking industry is a backbone of commerce, essential for transporting goods across vast distances. Moving into 2024, the sector is experiencing dynamic shifts driven by technological innovation, evolving regulations, and changing market demands. This piece explores the upcoming trends, growth opportunities, and challenges that the trucking industry will face.
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