California New Car Dealers Association (CNCDA) Bestsellers in primary segments: Compact Car: Honda Civic Full-Size Pickup: Ford F-Series Mid Size Car: Toyota Camry Compact SUV: Toyota RAV4 Near-Luxury Car: Tesla Model 3 Mid Size SUV: Toyota Highlander Luxury Car: Mercedes E-Class Luxury Mid Size SUV: Lexus RX california 2008 thru 2021 We know [...]
Can 2020 get any worse? Yes, but... Pickup share has been resilient in the wake of COVID-19 CUVs are gaining slightly, with increased share year-over-year Car segment shares continue to decline EVs gaining slightly, while plug-ins are declining Improvements underway across the luxury segments Looking ahead to the balance of the year, the IHS Markit [...]
vehicles in operation (VIO) getting older The average age of light vehicles in operation (VIO) in the US has risen to 11.9 years this year, about one month older than in 2019, says IHS Markit. Several factors have contributed to pushing the USA average vehicle age higher, according to IHS Markit. While vehicle scrappage rates [...]
People are willing to pay for safety from Covid-19 Women and men alike are realizing the dangers of COVID-19, including when they are driving their vehicles or in a shared car. Anti-microbial coatings are a desired feature for high-touch surfaces inside a personal vehicle, including door handles, steering wheels, displays, and consoles, according to a [...]
Q1 2020 Automotive Registration Trends & Analysis Report Experian always comes out with interesting in-depth statistics on car sales, registrations, and the car inventory on the roads of the United States of America. The biggest news is that the Ford F-150 dropped from first place to third place in year-over-year registration from 1st Quarter 2019 [...]
GM using credit instead of a bailout This is what I'm talking about, a company that has capital, or the ability to get capital instead of begging to the Government for a bailout. General Motors knows the hit it took in 2008 when it went through a bailout. There are still people that won't buy [...]
We, the people This morning I opened my Facebook page and saw a post that said Democrats were rejecting the Corona Virus stimulus bill that would give each taxpayer some money to help them get through this lockdown. The post then explained why the bill was rejected by Democrats; because it wasn’t about helping the [...]
What do Carlos Ghosn and Alberto Fujimori have in common? Both are/were fugitives from the country they were accused of wrongdoing. Japan will be walking a tightrope in the next couple of weeks. As much as the Japanese prosecutors will want to be indignant about Ghosn fleeing the country to Lebanon, they must know that [...]
Consumer Electronics Show (CES) Just weeks before the Consumer Electronics Show (CES), the electric truck maker, Rivian, has closed an investment round of $1.3 billion with the participation of Amazon, Ford Motor Company, and funds managed by BlackRock. “This investment demonstrates confidence in our team, products, technology, and strategy – we are extremely excited to [...]
Upstream Security Automotive related cybersecurity incidents doubled in 2019, increasing 605% since 2016; the AutoThreat Intelligence service delivers critical visibility to address growing cyberattacks on connected vehicles. HERZLIYA, Israel – Upstream Security, a leading provider of cloud-based automotive cybersecurity solutions, today released its 2020 Automotive Cybersecurity Report. The report highlights vulnerabilities and insights identified during [...]