• Wed, December 18, 2024

by: AM-online

JCT600 VLS appoints new commercial chief to strengthen customer-focused strategy

JCT600 Vehicle Leasing Solutions (VLS) has appointed Manjinder (Manny) Singh to the new role of commercial director.

by: Wise County Messenger

Northwest slated to expand CTE opportunities

by: GlobeSt.com

Auto Sector Cap Rates Rise as Investment Declines

Some of the typical cap rates by automotive companies are 5.34% for AutoZone; 6.57% for Advance Auto Parts; 6.07% for O'Reilly's Auto Parts; 6.11% for Jiffy Lube; 6.02% for Take 5 Oil; and 5.68% for Valvoline.

by: Forbes

U.S. Auto Industry At Competitive Risk Asserts Blunt Report From Execs

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.

by: NBC Chicago

Here's what a blockbuster Nissan-Honda merger could mean for the auto industry

Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, as the two rival companies seek to stay competitive on the road to full electrification. It is thought the prospective tie-up could create the world ...

by: wallpaper

The Rolls-Royce Ghost Series II glides into the DMs of the world's 1 per cent

The Series II version of the 'Baby Rolls' has slight but sophisticated revisions to keep this hefty saloon in the targets of an increasingly idiosyncratic and individualist buyer

by: Transport Topics

Fleets' Fuel Efficiency Rose in 2023, 2022: NACFE Study

Based on data from some of the North American freight industry's largest carriers, fleet-wide fuel efficiency averaged 7.77 miles per gallon in 2023, compared with 7.62 mpg in 2022.

by: DriveSpark

Bharat Mobility Global Expo 2025: Key Highlights & Schedule

Discover the Bharat Mobility Global Expo 2025, showcasing innovations in transportation from January 17 to 22 in Delhi. Join industry leaders and explore advancements.

by: TEC

SCM and Retail Trends in 2025

Discover 2025's defining SCM and retail trends, including tariffs, compliance, AI, and automation. Learn strategies to tackle challenges and adapt to change.

by: Nature

How car and battery companies can work around US trade tariffs and rules

The United States is expected to escalate restrictions on imports of these technologies from China to protect its automotive industry. But Trump's policy aims go further. The proposed repeal of the 2022 Inflation Reduction Act (IRA) and the potential ...

by: Yahoo

Salvation Army Christmas Bureau brings joy to thousands in Syracuse

Volunteers worked together to make sure this process was smooth for attendees by providing transportation through Centro. "I've seen lots of suffering. And one way to alleviate that suffering is to do something practical, right? I can't give ...

by: National Observer

Is Canada's EV dream running out of charge?

It all looked so promising. Global auto giants and battery-makers lining up to build multi-billion-dollar factories. A growing market for made-in-Canada electric vehicles. Climate action on one of the most polluting industries in the country.

by: Detroit News

Biden administration grants key waiver for California auto rules, EV mandate

The move has national implications, but legal and administrative challenges from the incoming Trump administration and industry groups loom.

by: International Business Times

Tech Takes The Wheel: AutoTech Innovators To Watch At CES 2025

As we look to CES 2025, several AutoTech innovators are set to unveil cutting-edge technologies that promise to enhance mobility and redefine the driving experience.

by: Automotive Fleet

Top 10 Sustainability Stories From 2024

From navigating the pros and cons of clean fleet technologies to minimizing risk when sending electric vehicles (EVs) home to charge, Automotive Fleet covered various timely topics this year. Check out our top sustainability stories of 2024. Take a look at ...

by: Impacts

How Cutting-Edge Tech is Changing the Automotive and Aerospace Industries

Introduction The worlds of tech, AI, and cryptocurrency are constantly reshaping industries we once thought were stagnant. But what if I told you that even automotive and aerospace industries are being revolutionized by innovations you wouldn't expect?

by: MSN

Why Norfolk Southern (NSC) Is One of the Best Freight Stocks to Buy Now?

We recently published a list of 11 Best Freight Stocks To Buy Now. In this article, we are going to look at where Norfolk Southern Corporation (NYSE:NSC) stands against other best freight stocks to buy now.

by: Business Insider

Why Trump's looming battle with California over EVs will affect the entire auto industry

President-elect Donald Trump has promised to block California's EV mandate, setting up a high-stakes fight over the future of the auto industry.

by: Cars

10 Biggest News Stories of the Week: Ram 1500 Bests Subaru Outback, Toyota Crown Signia

by: ConsumerAffairs

Worst states for winter driving

Alaska, Wyoming and Montana are the three most dangerous states for winter driving. The deadliest city in each of these states has under 10,000 residents, reflecting higher rural crash rates. From 2020 to 2022, every state except Hawaii (and Washington, D.C.) reported at least one winter-related traffic death.

by: The New York Times

E.P.A. Allows California to Ban Sales of New Gas-Powered Cars by 2035

The Trump administration is expected to revoke the program, setting up a legal clash between the state and federal government.

by: Reuters

US to extend airbag probe rather than require vehicle recall

The National Highway Traffic Safety Administration said on Wednesday it will not seek an immediate recall of airbag inflators in about 50 million U.S. vehicles assembled by 13 automakers and instead will conduct further investigation.

by: Recycling Today

ABTC awarded $144M DOE grant

The funds will aid in the construction of the company's second lithium-ion battery recycling facility.

by: Reuters

US government agencies fail to meet fleet EV targets, GAO report says

U.S. government agencies failed to meet government fleet electric vehicle purchase targets, a Government Accountability Office report released Tuesday said.

by: AM-online

Rising costs and Chinese competition imperil Europe's car manufacturing

Europe's car manufacturers are facing mounting concerns about their long-term viability as they grapple with rising car prices and intensifying competition, according to a report from Jato Dynamics.

by: Reuters

Stellantis Italian plants to increase output from 2026, Europe's chief says

All Stellantis Italian production sites will remain active and will increase output from 2026 thanks to new models being introduced, Jean-Philippe Imparato, the chief of the carmaker's European operations,
  • Tue, December 17, 2024

by: The New York Times

Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge

The automakers, Japan's second- and third-largest, are said to be discussing a tie-up that could reshape the country's industry.

by: USA Today

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

Consumers have spoken this year, and the message to automakers has been clear: "Those with a strong, affordable portfolio probably had the best (sales) year this year," said Charlie Chesbrough, senior economist at Cox Automotive. In its final forecast for ...

by: MSN

Auto recap, Dec 17: Maruti hits 20 lakh production milestone, Skoda, Jeep announce price hikes

But HT Auto is here to deliver prompt updates regarding all the major events that happened. Here is the following brief of all the major highlights from Saturday, December 17. Maruti Suzuki has hit a major production milestone on Tuesday (December 17).

by: Detroit News

Why it's impossible to make a car without China, regardless of tariffs

Beyond China's global dominance in electric vehicle batteries, the auto industry relies on it for other key parts up and down the supply chain.
  • Thu, December 19, 2024

by: ABC

EPA allows California to ban gas-powered new car sales by 2035

California has been given the green light by the U.S. Environmental Protection Agency (EPA) to ban the sale of new gas-powered cars and light trucks by 2035.

by: TechCrunch

Waymo fills the Cruise void overseas and a salute to icon Jean Jennings

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024!

by: The Financial Express

After Dubai, FedEx explores setting up regional 'Air Hub' in India

FedEx also announced its partnership as the principal sponsor and official logistics partner for IPL franchise Chennai Super Kings (CSK) in India and Johannesburg Super Kings (JSK) in South Africa.

by: Newsday

Babylon, NY News & Events

The point guard for the No. 1 ranked team in the country, Zeigler leads the Volunteers into Madison Square Garden Tuesday for the Jimmy V Classic. Social worker Marla Matthews will facilitate a ...

by: Yahoo Finance

Michigan's unemployment rate rises in November after automotive industry job cuts

Recent layoffs across Michigan's automotive industry contributed to the state's unemployment rate rising to 4.8% in November, up from 4.6% in October.

by: Transport Topics

Trucking Grapples With Economy, Lawsuits, EV Rules in 2024

In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.

by: Inside EVs

'Get Butts In Seats': Inside Dodge's Plan To Convert EV Skeptics

It will take its new EV muscle cars on tour in the first quarter of 2025 to train its sales and dealership staff and demonstrate the vehicles' capabilities. It is launching a courtesy transportation program wherein it will send EVs to dealers to use for short-term consumer test drives,

by: JEC Composites

CAMX 2024 Part 2: Cross-industry innovations and sustainability in focus

The Advanced technologies lab for aerospace systems at Wichita State University's National Institute for Aviation Research (NIAR-ATLAS) has been rewarded with the CAMX Unsurpassed Innovation Award. Their high-rate hybrid injection over-moulding of thermoplastic aircraft window cover meant for passenger-to-cargo haulers conversion is a proof of low-cost automotive high-rate production

by: MSN

Auto recap, Dec 18: Maruti WagonR completes 25 years, Honda-Nissan merger talks

Maruti WagonR celebrates 25th anniversary. Maruti Suzuki WagonR has completed 25 years in the Indian market. The boxy hatchback has been one of the all-time best-selling car from

by: The National Law Review

60 Minutes With Albert Gore, Executive Director, Zero Emission Transportation Association [Podcast]

A quick glance on the Zero Emission Transportation Association (ZETA) homepage reveals an impressive list of well-known corporate icons of the electric vehicle (EV) world. This special end-of-year installment of Five Questions,

by: The Business Journals

These companies closed or moved their headquarters away from KC in 2024

Signature Psychiatric Hospital: It closed two operations, one at North Kansas City Hospital and one at Liberty Hospital. The move laid off all Signature employees affiliated with the facilities: 124 full-time and 30 part-time workers. It also ended the company's presence in Kansas City.

by: MSN

The Meeting of Dakota Fanning and Kurt Russell in a Ford

In the movie "Dreamer", based on a true story, a Ford stands out alongside Hollywood stars Dakota Fanning and Kurt Russell. Swipe to discover this high-performance American model on the road.

by: TechCrunch

Waymo fills the Cruise void overseas and a salute to an icon

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024!

by: MSN

M5, A38 and M4: Worst times to travel during Christmas getaway this weekend

Traffic experts are warning to expect major delays this weekend and have shared the worst time to travel. British automotive service RAC has revealed that an estimated 29.3 million journeys are expected to be made by drivers in the lead-up to Christmas.
  • Tue, December 24, 2024

by: MSN

Honda and Nissan Alliance Poised to Revolutionize EV Market

In a strategic move that is set to reshape the automotive industry, Honda and Nissan have announced plans to merge, potentially creating the world's third-largest automaker. This monumental alliance is set to include Mitsubishi,

by: CNBC

Best car insurance companies of January 2025

Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...

by: TechCrunch

The biggest flops and fizzles in 2024 transportation, from Apple Car to Fisker

Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of

by: Impacts

Choosing the Right Zip Ties: Your Complete Guide

Zip ties, also known as cable ties, are a staple in many projects. They are versatile, easy to use, and incredibly handy. Did you realize that not all zip ties are the same? There are different colors,

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

Consumers have spoken this year, and the message to automakers has been clear: "Those with a strong, affordable portfolio probably had the best (sales) year this year," said Charlie Chesbrough, senior economist at Cox Automotive. In its final forecast for ...
The article from USA Today discusses the trend of decreasing car prices in the U.S., making vehicles more affordable for consumers. It highlights that after a period of high prices due to supply chain issues and increased demand, the automotive market is seeing a significant price drop. Factors contributing to this include improved supply chain logistics, an increase in inventory, and incentives from manufacturers to boost sales. The piece also notes that electric vehicles (EVs) are becoming more price-competitive with traditional internal combustion engine vehicles, thanks to falling battery costs and government incentives. This affordability trend is expected to continue, potentially leading to a buyer's market where consumers have more negotiating power. However, the article cautions that while prices are dropping, other costs like insurance and maintenance might still rise, affecting the overall cost of car ownership.

Read the Full USA Today Article at:
https://www.usatoday.com/story/money/cars/2024/12/17/car-vehicles-cheaper-affordable/77028975007/

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