While each market performs somewhat differently, some certified pre-owned vehicle categories tend to be hot sellers, whereas others are perhaps not so popular. Art Spinella, of CNW Research, finds that near-luxury, luxury and hybrid CPO models have been healthy as of late, while smaller, budget cars have been the slowest to move.
A quiet revolution is coming to the car lot. Safety features once found only in high-end, luxury models are trickling down faster than ever to economy cars, dramatically improving the safety of the average family road trip. Overall, the death toll on U.S. highways in 2009 is the lowest it's been in 50 years, according to a federal Department of Transportation report earlier this month.
A study sponsored by MTV and Volkswagen shows young people want networking extended to the car. VW is responding by developing various apps that work while driving. The study also indicates social web is important for a company's marketing activities.
Herbert Halamek, key project manager eMobility Solutions with Continental, talks about the increasing trend toward open systems in vehicles. He will be taking part in a panel session at Telematics Munich. This trend is being driven in part to support the requirements of the electric vehicles coming into the market place.
Hyundai and its Kia subsidiary are taking a cautious entry into the electric vehicle market with upcoming introductions of the Hyundai BlueOn hatchback and a Kia sport utility vehicle. Initial market for both EVs is domestic government organizations in 2012, and commercial sales are scheduled to begin in 2013.