Gas Price Forecast Impact on Auction Data Index — 2005 to 2015
ALG anticipates auction data for overall industry will decline slightly from 2010 current values, and remain flat through 2015. However, as gas prices are forecasted to increase from 2010 through 2015, ALG expects resale/residual values will continue to improve for fuel efficient segments ? while demand for SUVs will decline from current levels. Source ? ALG Industry Report July-August 2011
Ford Moves in Right Direction With its Hybrid Program
Ford's hybrid program is taking the company in the right direction. Its hybrid powertrains and battery packs are almost indestructible, and the program's evolution continues with its next generation of gas-electric hybrids and full-electric vehicles. Ford's hybrid sales have grown steadily but not significantly this year. After launching the hybrid Ford Escape in 2004, the 41 mpg hybrid Fusion came next followed by the Transit Connect Electric. The Focus Electric will roll out later this year to be followed by the C-Max hybrid next year. The success of Ford's electrification will depend on its batteries, especially the lithium-ion, which can hold almost three times the power in less space.
Ford’s New Ecoboost Engine in F-150 a Winner
Ford's 2011 F-150 pickup with Ecoboost engine has the potential to perform better and use less gasoline than its competitors. The Ecoboost engine adds $1,750 to the F-150's sticker price and is available in standard, extended, or crew-cab models. However, one analyst says Ford's Sync voice-recognition system seems to have deteriorated while its drive-train technology has taken a giant step forward.
Hot Weather Driving Tips
With record-breaking temperatures across the U.S., drivers should take a look at their car's cooling system, tires, and other parts under stress in hot weather. Checking the coolant level is most important followed by tire pressure and transmission fluid. The air-conditioning compressor, condenser, evaporator, receiver-dryer and other parts should be checked annually to ensure passenger comfort. Drivers are urged to carry plenty of water and never leave children or pets unattended in the car.
Advanced Safety Technologies in Cars Help Reduce Crashes
Many advanced safety technologies are already available on high-end vehicles that slow or stop cars if drivers don't act quickly on their own. The Insurance Institute for Highway Safety is releasing evidence that these brakes are keeping cars from crashing and is also studying other advanced safety features. IIHS estimates these crash-avoidance features have the potential to prevent or at least lessen the impact in 1.9 million crashes a year and help prevent one out of three fatal crashes.
