ABI Research says details on the standard for Dedicated Short-Range Communications (DSRC) are being fine tuned, but OEMs are not waiting for national infrastructure before taking initiative. DSRC will help improve safety warning systems and help provide real-time traffic information to vehicle navigation systems.
As car costs continue to rise, car-sharing clubs increase in popularity. Concept is simple: members use cars only when needed. Major rental agencies catching on. Some now rent by the hour.
Wheel and tire problems that can't be identified by truck drivers caused 6 crashes recently in the Seattle area. State troopers are contacting trucking companies asking mechanics to carefully inspect wheel assemblies. Some concern exists that high gas prices may be leading to maintenance shortcuts for some truckers.
Following in the footsteps of rival General Motors, Chrysler Group is adding content and lowering sticker prices on its new 2008 minivans. The strategy is to move the MSRP closer to the transaction price, allowing the automaker to lower incentives. In the face of declining sales, GM and Ford have abandoned the segment and are switching to crossover vehicles.
With automakers taking control of inventories and the country enjoying a steady economy, Manheim economist Tom Webb characterizes the used-vehicle market as strong and stable. He also sees current incentives as having little impact on wholesale prices.