As gas prices fell about 20 cents a gallon in late May, full-size truck sales picked up on what would otherwise have been a dismal month. But experts doubt full-size pickup sales will ever return to their glory days of 2.5 million units.
Ford has changed direction with the release of its new C-Max van by dropping the gas-only version and adopting a hybrid-only strategy for the vehicle. Ford believes it needs a "halo" hybrid vehicle to compete with the Prius and will improve its marketing by emphasizing the vehicle for hybrid-only powertrains.
GM re-launched its certified used-vehicle program, giving it a new official name and offering a 2-year, 30,000-mile free maintenance program. The new title is Chevrolet/Buick/GMC Pre-Owned Vehicles program. The updated strategy does not include Cadillac, which has its own certified program.
Automakers and independent electronics companies are working on technology that senses driver fatigue and helps keep them alert. Some are simple, but more effective solutions integrate existing vehicle computer controls.
The Manheim Used Vehicle Value Index hit 127.8. That's up 5.6% from last year and a new record. Experts cite leaner inventories in the new-vehicle market and healthy demand in the used-car market.