With incentives helping boost the new-vehicle market, wholesale prices dipped slightly in May. The drop was expected and may continue through year's end. Analysts also noted that some segments like midsize vans and large pickups outperformed expectations.
New safety systems being installed in new vehicles add to the distraction load for drivers. US DOT has funded a $32M study by the University of Michigan to ascertain the safe level of safety technology-induced distraction.
TRW Automotive says it's ready to help automakers meet more stringent NCAP safety criteria for next year. Key to TRW's readiness is the use of computer simulation to evaluate existing safety features and test new ideas before implementing traditional testing.
States have been increasingly allowing low-speed, neighborhood vehicles and off-road mini-trucks on public roads since 2007. These vehicles don't meet safety standards of standard cars and trucks and are dangerous to occupants.
Auto Remarketing is now accepting nominations for its July 15 edition, which will feature a special section highlighting "Who's Who in The Remarketing Industry: Banks, Captives, Finance, Credit Unions, Fleet, Lease, Rental and OEMs."