Remove 2021 Remove Automobile Remove Vehicle
article thumbnail

While EV Sales Slow, Insurance Claims Rise

Brake & Front End

and Canadian claims data on battery electric vehicles (BEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs) — highlighting how differences in their complexity and construction are affecting claim costs and repair operations. For vehicles with an ICE, it was $4,806 in the U.S.

Insurance 130
article thumbnail

While EV Sales Slow, Insurance Claims Rise

Tomorrow's Technician

and Canadian claims data on battery electric vehicles (BEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs) — highlighting how differences in their complexity and construction are affecting claim costs and repair operations. For vehicles with an ICE, it was $4,806 in the U.S.

Insurance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Certain Toyota Highlander SUVs Recalled Over Tires With Insufficient Load Rating

autoevolution

The largest private distributor of Toyota automobiles in the world has issued a safety recall for 4,763 units of the 2021 through 2024 Toyota Highlander. Said vehicles feature 20-inch accessory tires with an insufficient load rating, which may lead to blowout from overheating. continue reading. )

article thumbnail

U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

AutoSuccess

The profit index, for example, increased for the first time since Q3 2021. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. The used-vehicle inventory index declined in Q2, which is not uncommon for the spring survey.

article thumbnail

Used-car sales pick up pace after slow start to 2024

Auto Remarketing

Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year. from 2021, down 13.3% from 2021, down 13.3% Franchised dealers moved 985,325 used vehicles in January (down 6.3% year-over-year. It was off 7.5% It was off 7.5%

Used Cars 116
article thumbnail

Colorado Is Auctioning Off Weed-Themed License Plates For Charity

Jalopnik

The State of Colorado is giving weed enthusiasts an opportunity to wear their passion for hashin’ on their sleeve, er, automobile. Since 2021 the… Read more. The state was famously the first to legalize cannabis for adult recreational use in 2014, and has spent the last decade leaning into the revenue-generating business of weed.

article thumbnail

Cox Auto’s Car Buyer Journey Study Shows Satisfaction with Car Buying Improved

AutoSuccess

Cox Automotive ‘s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This approach combines online and at-dealership activities, resulting in a more satisfying and efficient vehicle buying experience.

Car 80