A quick recap of industry-related headlines for April 2022: The overall market is still reporting declines, but the Car segments moved into positive territory last week. Older model years (8-to-16-year-olds) also had another week of outperforming newer model years. We are also starting to see the higher gas prices affecting
List of the top 10 car dealership groups in the US by total units sold (PDF) AutoNation Inc. Total Units Sold in 2021 (New and Used ): 637,884 Lithia Motors Inc. Total Units Sold in 2021 (New and Used ): 618,585 Penske Automotive Group Inc Total Units Sold in 2021
Auto Market Recap Q1 2022 (PDF) Will there be a spring market? Although there is uncertainty about how strong the spring market will be this year, here’s what we saw in Q1 2022: With a continued lack of new inventory for rental companies, high fuel prices, and tax season, we
U.S. Automotive Social Intelligence Update 2022 Results(PDF) The U.S. Automotive Social Intelligence Update delivers insights highlighting what consumers are saying in their social media conversations about vehicle makes and models. These tables highlight the total volume of social media discussions, as well as the sentiment (positive or negative) of those
U.S. Auto Manufacturer Loyalty Rates by Make 2021 CY PY CY PY CY PY CY PY make make mfg mfg make make mfg mfg loyalty loyalty loyalty loyalty loyalty
March 2022 Auto Industry Related Headlines: With fuel prices rising, the Sub-Compact Car segment moved into positive territory and Compact Cars slowed the rate of decline last week. On a volume-weighted basis, the overall Car segment decreased -0.52%. For reference, the previous week, cars decreased by -0.81%. The volume-weighted, overall
Poll Would you purchase a vehicle that’s been involved in an accident (PDF) Poll/ Survey Results Respondents: 2,870 Question: Would buy a wrecked and repaired Vehicle? Answer: Yes 12% Yes, but with a very large discount 51% Yes, only if it had minor damage 7% No, Never 25% Unsure, Undecided
Myths And Misconceptions In The Automotive Sector (PDF) The automotive industry is filled with many myths and misconceptions that you need to dispel. These myths have to do with the business side of things, along with the maintenance side as well. Overall, this means that the myths and misconceptions can
Top 10 Vehicles By Warranty Repair Cost The table below lists service and warranty costs compiled from actual service records. The report measures money spent by owners and manufacturers of vehicles from model years 2018-21 after 12 months on the road, covering more than 16 million vehicles across 351 models
Below are the top 10 Motor Vehicle Accident Settlements in the State of Georgia for the 2021 calendar year. The cases are in descending order of monetary value: $30,000,000 – Emanuel Co., GA Attorneys Alan Hamilton (Shiver Hamilton, LLC) $19,500,000 – Gwinnett Co., GA Attorney Chris Glover (Beasley Allen) $14,000,000
Top 10 Luxury Vehicle Registrations 2021 vs 2020 Tesla increased sales by 75% from 2020 to 2021 and is on the brink of overtaking BMW as the #1 luxury brand volume automaker in the US. The table below shows new vehicle registration in the US in 2021 compared to 2020.
Top Vehicles Appraised in 2021 Below is a list of the top 10 vehicles appraised by Diminished Value of Georgia in 2021. 7,742 cars appraised: Rank Vehicle Appraisals Percentage 1 Ford F150 405 5.23% 2 Nissan Altima 373 4.82% 3 Honda Accord 260 3.36% 4 BMW 3-Series 249 3.22% 5
The Correct Tire Pressure According to Vehicle Type Many people are not certain whether their tires are at optimum pressure, and this is more alarming than it may sound. Running your car with the wrong tire pressure can lead to life-threatening situations while on the road. Your tires are what
November 2021 Automotive Market Update Activity on the lanes slowed down last week, with the Thanksgiving holiday reducing the availability of inventory and the number of buyers actively bidding. Some consignors are known to save their inventory for after the holiday, so we anticipate an increase in volume on the
Buying a fuel-efficient car is great, both, for your gas savings and also for the environment. Nonetheless, even if you do not have a car that is geared towards fuel efficiency, simple changes in your driving habits can have a great impact on your car’s fuel efficiency. Even the most
What to Look for on a Test Drive? You just cannot purchase a car without test driving it first to see whether it is in good driving conditions. The way a car deal goes is that a salesperson first gives you a tour of the car and explains all that
The price of used cars and trucks rose by almost a quarter between September 2020 and September 2021. The index for all items less food and energy rose 4.0 percent over the past 12 months. The index for used cars and trucks increased 24.4 percent over the same time. Used
How to Use an OBD2 Automotive Diagnostic Tool There are many reasons why you would want to purchase a diagnostic scan tool for your car. These include check-engine lights that do not turn off, malfunctioning indicator lights inside the car, and also to inspect live data from the car. Knowing
Electric Vehicles are now the Logical Choice With the emerging concerns of climate change and the global warming crises edging out its disastrous effects, people are starting to take electric vehicles more seriously. Every capable nation is making policy changes and introducing innovative industrial solutions to reduce their carbon footprints
Own a Classic Car Follow these Standard Maintenance Tips (PDF Article) If you own a classic car, then it is clear that you will not be using it for daily commutes. Instead, much of your maintenance will focus on storing the car and keeping it in running conditions. Nonetheless, tips
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