The Great “Vroom Boom” Controversy

A recent article from Curbed debated findings from The New York Times that New York City saw a surge in vehicle registrations, called the “Vroom Boom,” as more city dwellers saw an opportunity to have their own form of transportation. However, Curbed argued those figures may be greatly exaggerated, as the “Vroom Boom” wasn’t the big bang it was made out to be.

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AAA: Brand Names Make Auto Technology Sound Better Than It Really Is

The Automobile Association of America’s (AAA) Foundation for Traffic Safety recently sent out a report that showed that drivers may rely too much on their vehicles’ driving assistance systems without understanding their limitations. That is because the companies that develop these systems market them with misleading brand names that might lead drivers to believe the technology is more advanced than it really is.

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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.

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IHS: 84 Million Older Cars Will Still Be on the Road in Three Years

An article from 24/7 Wall St. reported that, based on research from IHS Markit, people who drive older cars now will continue to drive them in the next few years. IHS predicts that, from 2018 to 2023, there will be an increase of 22% in the number of 16-year-old cars on the road. This means, in three years, 84 million older cars will still be driven, compared to 35 million in 2002. Rather than driving around an older car, call Gershow Recycling to sell it.

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