Oil prices have tumbled sharply over the last year, and a variety of factors have led to the slide, including a weakening Chinese economy, as well as a reduction in demand among American motorists.
But battery-cars have had an almost negligible impact, and likely won’t have much of an impact going forward, despite some claims they’ve brought the oil market crashing to its knees. Far more credit goes to the rapid improvement in overall automotive fuel economy, suggests a new study by Navigant Research.
Wall Street analysts gathered Tuesday for an industry forum ahead of the New York auto show cast doubt on the near-term viability of self-driving cars and dismissed speculation that ride-sharing services and autonomous vehicles would hurt profitability of the U.S. auto industry.
“In a shared/autonomous world, we’re actually driving more, because there’s many trips where there is no passenger. That’s the whole point of sharing,” UBS Auto Analyst Colin Langan said during a panel discussion at the NADA/J.D. Power Automotive Forum.
You’ve been told over and over that texting while driving is incredibly dangerous (not to mention illegal), but this fun and simple browser game shows you exactly why.
Sometimes the reality of how dangerous something is doesn’t set in until you’ve actually experienced it. This simple game, Gauging Your Distraction, from The New York Times has you moving at high speeds, changing lanes, and trying to answer text messages at the same time.
There are both state and federal incentives for purchasing an electric vehicle.
However, some states are more equipped to accommodate EV owners than others. That being said, the Indiana University School of Public and Environmental Affairs recently compiled a list of the most electric car-friendly cities in the United States, with Portland taking the top spot. Surprised?
Rounding out the top five spots is Washington, D.C., New York City, Baltimore and Denver. The bottom half of the top 10 spots on the list went to Los Angeles, Atlanta, Chicago, Austin and San Francisco. While California counts two cities within the top 10, we were surprised that neither cracked the top five spots.
With executive-level analysis, Jonathan Banks explains how the used vehicle market performed during February 2016.