Despite Losses, New Car Sales in Q3 Show Improvement

Although auto manufacturers saw new car sales fall in the third quarter compared to last year, the losses were not as bad as they were in the previous quarter in 2020. According to Edmunds, third-quarter new vehicle sales were 11% lower than the same time last year. However, that is better than the second quarter, when there was a 30.6% decline. Continue reading “Despite Losses, New Car Sales in Q3 Show Improvement”

Is Your Car Safe? Check Your Phone

The Verge recently reported that Ring, the maker of video doorbells, is entering the automotive market with three products that can connect to the driver’s cell phone. Ring’s founder, Jamie Siminoff, said these products were developed in response to customers asking if the company could make an advanced security system for their cars like they did for their homes. Continue reading “Is Your Car Safe? Check Your Phone”

Defects in Camaros Spur Class-Action Lawsuit

A group of Camaro owners has filed a class-action lawsuit against General Motors, claiming the auto manufacturer knew about defects in the starters and heat shields for 10 years, but did nothing about it. The lawsuit says the defect affects approximately 750,000 Camaros between the model years 2010 and 2020. The plaintiffs are demanding that GM announce a recall, fix the starters and reimburse the owners for repairs.

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Wards Foresees 14.1 Million Light Vehicles in Sales and Inventory for July

Wards recently released its forecast which predicted a seasonally adjusted annual rate (SAAR) of 14.1 million light vehicles in sales and inventory for last month. (SAAR is the number of light vehicles, both sold and unsold, over the past 12 months.) That number would mean an 8% increase over June’s numbers and a major improvement over April, when there were fewer than 9 million vehicles that were both sold and on the market because of the ongoing coronavirus pandemic.

Continue reading “Wards Foresees 14.1 Million Light Vehicles in Sales and Inventory for July”

Will Fully Autonomous Cars Hit the Road This Year?

In his video message that was broadcast during the World Artificial Intelligence Conference in Shanghai, China, Tesla CEO Elon Musk said he foresees Level 5 cars, also known as self-driving vehicles, hitting the road before the end of 2020. “I remain confident that we will have the basic functionality for Level 5 autonomy complete this year,” he said.

Continue reading “Will Fully Autonomous Cars Hit the Road This Year?”

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