The Chrysler Group has joined the other Detroit automakers in announcing a cutback in sales to daily rental companies. This attempt by the Big-3 to adjust production and support their residual values will force the rental companies to look to Asian manufacturers to find other sources of cars.
NAAA annual report reveals that member auctions sold 9.5 million units for value of $86.9 billion
Discussions will focus on logistics technology and salvage industry at iRemarking conference in Denver
High fuel prices, new diesel emissions standards and changing work demands are impacting the pickup truck markets. Gasoline engines continue to be the most popular and are gaining in torque and power, but diesel offers better fuel economy and will remain a strong element. Manufacturers are seeing some shrinkage in the mid-size pickup market as buyers move up to full-size models.
Two new studies conducted by Insurance Institute for Highway Safety and Old Dominion University validate the effectiveness of intersection surveillance cameras. The NHTSA says more than 850 people die and 170,000 are injured annually in crashes caused by drivers running red lights. Researchers in the recent studies found a drastic drop in violations after red-light cameras were installed.