August 11, 2022 - For the 2022 model year, more automakers built their cars to better withstand and avoid crashes, according to the latest ratings announced Thursday by the Insurance Institute for Highway Safety.
More than 70 models earned a 2022 Top Safety Pick+ designation, which is considered the most rigorous independent safety rating in the automotive industry. Last year at this time, 49 models earned the accolade. Another 37 models in 2022 testing earned the next highest rating of Top Safety Pick, to bring the total to 108 models out of about 223 tested.
Every 2022 Volvo and Genesis model earned a TSP+, marking a rare sweep for the brands, though it's easier to accomplish with lineups that consist of only five key models. Hyundai Motor Group, parent company of Hyundai, Kia, and Genesis, earned the most total safety picks, with 11 TSP+ and 10 TSP awards.
Traffic in New York City is a big problem. The city consistently ranked among the top five most congested in the U.S., with at least one study showing that commuters lost 140 hours a year, or nearly six days of life, to sitting in gridlock.
Since 2019, the New York has been hoping to ease the logjams by introducing a congestion charge. That's essentially a toll for driving into the city's central business area, a play borrowed from places like London, Milan, and Singapore.
Final pricing for NYC isn't set yet, but an MTA (Metropolitan Transit Authority) report released August 10 has put forth scenarios that would see charges between $9 and $23 per trip during peak hours, $7 to $17 during off-peak hours, and $5 to $12 for overnight access. A bill passed by New York state wants to limit charges to once per vehicle per day, however.
The used vehicle market outlook is somewhat murky, but it looks as though we could be in something of a “flat spot” for a while.
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Merchants Fleet has seen explosive growth in the past few years, and now their recent acquisition by Bain Capital means that they are poised to grow even more.