Pickup Incentive War Looms
General Motors Co., which ended July with a hefty 41/2-month supply of full-size trucks, may be forced to cut production or boost incentives. That, in turn, could lead to an incentive war among truck competitors. GM expects that more housing starts, stronger home prices and an aging fleet of full-size pickups will release pent-up demand […]
DOT and UMTRI Testing Connected Cars and Wireless Communications
Improving safety and easing traffic and key points brought up in many transportation sectors, whether that be federal safety regulations and testing driverless cars. The U.S. Dept. of Transportation and the University of Michigan Transportation Research Institute (UMTRI) will soon be conducting the largest experiment ever on connected vehicles using wireless signals to talk to […]
Vincentric Alternative Fuel Analysis: Are Diesels a Cost-Effective Option?
Consumers seeking shelter from high gas prices won’t always find the relief they might expect by turning to diesels, announced Vincentric, a leading provider of cost-of-ownership data to the auto industry. The Vincentric 2012 Diesel Analysis determined that of 23 diesels measured, only eight had total cost-of-ownership that was lower than their all-gasoline powered counterparts, […]
NAAA Auction Industry Report for Second Quarter 2012
Dr. Ira Silver National Auto Auction Association NAAA Economist Click to see NAAA Auction Industry Report – Q2 2012 After a small revision that didn’t significantly change the data patter, auction volume was about flat with last year in the first six months of this year, after a 7% decline in 2011. Auction Volume Forecast […]
Art Spinella’s Retail Automotive Summary for August
In August, the days' supply of used vehicles up more than 15% vs. year ago. That will translate into softer used prices as dealers attempt to shed inventory that’s beginning to back up on their lots.
