U.S. Car Sales Trends and Predictions for 2024
As 2024 approaches, the American auto industry is showing signs of an exciting transformation. This period marks a critical juncture, with the industry emerging from the challenges of the global pandemic and navigating the complexities of supply chain disruptions. In this article, we take a deep dive into the projections
NHTSA Leading the Charge in Drunk Driving Prevention Tech
In recent years, the alarming statistics of alcohol-related crashes have prompted US regulators to consider integrating advanced technology into vehicles to detect drunk drivers. This initiative aims to significantly reduce the number of fatalities and injuries on the road. In 2021, the US witnessed over 13,000 deaths due to alcohol-related
2020 Cadillac Escalade Diminished Value Case Study
Imagine the unfortunate scenario where your 2020 Cadillac Escalade is involved in an accident. Post-collision, even with comprehensive repairs, your vehicle might experience a significant decrease in market value, known as diminished value. This is an often-overlooked aspect following a car accident. Understanding and calculating this loss is crucial for
Why U.S. New-Vehicle Sales Are Booming in December 2023
The tail end of the year brings a season of cheer for the U.S. automotive sector, marked by a significant upturn in new vehicle sales. A recent analysis by industry experts J.D. Power and GlobalData paints a promising picture: a projected 13% increase in December sales compared to the same
Auto Market Update Week Ending Dec 16, 2023
The automotive market has been on a rollercoaster ride, but there are signs of stabilization as declines slowed last week, with all segments experiencing depreciation of less than 2% for the first time since the last week of October. Auto Market Update Week Ending Dec 16, 2023 (PDF) Overview of
The Top 10 Slowest-Depreciating Used Cars in the U.S
In the ever-evolving landscape of the automotive industry, the resale value of a used car is a crucial factor that can significantly influence the purchasing decisions of consumers. As the used-car market continues to thrive, with prices soaring due to disruptions in new car supply chains caused by the pandemic,
