August Used Vehicle Volume Up, Prices Down, CNW Research Says
Used vehicle sales are expected to have gone up about 5 percent in August over August 2009, says CNW Research, and mainly among independent dealers. Franchise stores could see a decrease of around 1.2 percent.
Reliability of Toyota Event Data Recorders Questioned
NHTSA has been testing Toyota event data recorders for vehicles involved in alleged unintended acceleration claims. Toyota has been reluctant to reveal the contents of the crash data recorders, which some have used in lawsuits against the company.
Commercial Delivery Trucks May be Good Fit for Battery Power
Large truck fleets like FedEx are committed to reducing emissions and operating costs. Electric vehicles are seen as a means to do both as well as meeting toughening regulations in the EU and US when battery costs lower in the next few years.
Late Model Luxury Vehicle Depreciating More than Counterparts, KBB Says
The used-car market was relatively flat in July, but an onslaught of 2010-model vehicles at auction may push late-model luxury vehicles, including crossovers, to depreciate in value.
JD Power Sees Auto Sales Drop in August
A sluggish recovery and lower incentives compared to last year will contribute to a 15% drop in August auto sales, predicts J.D. Power. Total annualized sales will be around 11.8 million. August sales are also going against last year's numbers that were boosted by Cars for Clunkers.
