Just how old is that hooptie in your driveway?
The average vehicle on American roads is nearly 12 years old, market research shows, as drivers hold on to their old, reliable wheels for longer stretches of time. That has held true even as more people than ever bought new cars last year — 17.5 million of them.
If you’re not a consumer who bought new in recent years, the showroom floor and its wares may look different from what you’ve seen in the past.
With the transformation of mobility gaining momentum, Uber’s potential for growth is immense; one of the company’s top executives told the annual Automotive News World Congress.
Shant Marakby, a former Ford Motor Co. executive who is now Uber’s vice president of global vehicle programs, said Uber’s ride-sharing business has caught on and continues to expand In cities such as New York, Los Angeles, London and Paris.
Further, the company expects to expand even more by adding autonomous vehicles in the future and help curb the use of surge pricing, which is unpopular with customers.
Self-driving cars from Google spin-off Waymo have become far more capable of handling roadway hazards over the past year, with incidents of human backup drivers having to take control plunging 400 percent.
That’s according to Waymo CEO John Krafcik, who also announced that the firm has dramatically cut the cost of its self-driving systems by making hardware in-house.
“This is critical as we look to commercialize self-driving technology,” Krafcik said Sunday at the North American International Auto Show in Detroit.
It is perhaps a stretch to call Elaine Chao, President-Elect Donald Trump’s nominee for secretary of transportation, “hip with it.”
The Kentucky resident today sat for her fourth Senate confirmation hearing, following stints at the Transportation and Labor departments starting in the mid-80s. Chao, who happens to be married to Senate Majority Leader Mitch McConnell, is the ur-Washington bureaucrat, a woman described by those on both sides of the aisle as a longtime, competent doer.
Not the sort of hoodie-wearing early adopter to embrace world-shaking visions of the future.
Traffic deaths surged about 8 percent in the first nine months of last year, continuing an alarming upward spiral that began in late 2014, according to National Highway Traffic Safety Administration estimates released Friday.
The sharp increase comes at the same time Americans are putting more miles on the road than ever, the government said. But the rise in deaths is outpacing the increase in travel. Vehicle miles traveled in the first nine months of 2016 rose about 3 percent.
Experts believe the increased travel is mostly a result of an improved economy and low gas prices. But NHTSA’s data experts said increased travel and an improved economy alone can’t explain the rise in deaths.