This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. Franchised automobile dealers had a positive outlook with a score of 54, seeing the market as strong. automobile dealers were feeling pretty good about the market,” added Smoke.
In addition to tracking 2023 claims volume, the Mitchell report compares EVs to automobiles with an internal combustion engine (ICE), highlighting differences in: Claims Severity : Last year, average severity in the U.S. Material Construction: EVs tend to be heavier than ICE automobiles due to the battery weight.
After the 2020 model year, Dodge made the significant decision to discontinue the Dodge Journey , a move that surprised many loyal fans and automotive enthusiasts. With the 2020 model being the final iteration of this beloved SUV, Dodge bid farewell to a legacy that had spanned over a decade. Has the Dodge Journey Been Discontinued?
German automaker and Porsche fanatics Ruf Automobile GmbH debuted an all-wheel drive off-road carbon-tubbed Rodeo concept car in 2020, and after several years of tweaks, the car has arrived in production-spec. Based on the same carbon chassis as Ruf’s CTR and SCR , this car isn’t actually based on a Porsche 911 despite… Read more.
In his latest Kontos Kommentary report, ADESA chief economist Tom Kontos shared preliminary January used-car sales figures from the National Automobile Dealers Association that show “2024 is off to a slower start than any of the previous five years.” from 2020 and 10.1% year-over-year. It was off 7.5% from January 2022, down 10.4%
The state of affordable new automobiles right now is bleak, y’all. Back in 2020, I did a rundown of all the cars left in the U.S. market under $20,000 , and there were seventeen. I did another one last fall, and there were six. Now, because the Kia Soul has crept above the $20,000 line, and the Rio has been killed off,… Read more.
Mitchell released its latest trends report: Plugged-In: EV Collision Insights, examining the total loss frequency for electric and ICE automobiles. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. In the U.S.
Mitchell released its latest trends report: Plugged-In: EV Collision Insights, examining the total loss frequency for electric and ICE automobiles. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. In the U.S.
2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. in 2024 and 1.3%
2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. in 2024 and 1.3%
In 2020, The AAA Foundation for Traffic Safety released study results on the connection between the passage of Washington State Initiative 502 (1-502) and fatal automobile crashes in Washington.
The National Automobile Dealers Association (NADA) elected Tom Castriota, owner of Castriota Chevrolet, Inc. He has been on the NADA board of directors since 2020. “I in Hudson, Florida, as its 2025 chairman. Castriota will succeed Gary Gilchrist, president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, Washington. “I
The Q4 current market index declined five points to 40, its lowest level since Q2 2020. It marks the sixth consecutive quarter with overall dealer sentiment below the 50 threshold, and the first time since Q2 2020 that franchised dealers’ sentiment has been below 50. The index was down one point to 40 among independent dealers.
Satisfaction among new-vehicle buyers matched an all-time high, equal to the level reached in 2020, the peak of overall car buying satisfaction. In fact, 79% of new-vehicle buyers were highly satisfied with the experience provided by their local automobile dealer.”
8% 2019-20 176.79 -8% 2020-21 169.07 -4% 2021-22 205.13 Source: Society of Indian Automobile Manufacturers. Catered by 28 large and mid-sized tire producers with the aid of 62 production plants, the Indian tire industry is expected to scale to new heights in the coming years. 10 % 2017-18 177.67 6% 2018-19 191.98 21% 2022-23 217.35
New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022. In fact, 79% of new-vehicle buyers were highly satisfied with the experience provided by their local automobile dealer.” Still, that was down from 54% in the 2022 study.
At 33, the profitability index fell to its second-lowest score ever, behind only Q2 2020, at the height of the COVID-19 pandemic. Beginning in the second half of 2022, the index has dropped significantly and, in Q1 2024, hit 41 – the lowest point in the survey’s history excluding Q2 2020. automobile dealers.
“A decade from now, when we look back at the years immediately following the global pandemic of 2020, we’ll be awed by the dramatic swings and unprecedented circumstances the economy and auto market endured,” said Cox Automotive Chief Economist Jonathan Smoke. The total number of used vehicles sold is expected to reach 36.2
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content