Although there is an eventual possibility that autonomous, or self-driving, vehicles will be hitting the road in the future, a recent survey from the American Automobile Association (AAA) found that only 22% of consumers want auto manufacturers to focus more on creating autonomous vehicles.
To nobody’s surprise, 2020 was a rough year for the auto industry. Sales were noticeably lower than in previous years. However, experts predict that auto sales will be making a comeback this year.
When people think of a luxury car, they think of a fully loaded vehicle with the most state-of-the-art technology that can easily be controlled with the touch of a button. But it might be surprising to know that might not be the case.
Recent estimates from the Bureau of Economic Analysis (BEA) showed that more car buyers bought domestic vehicles than their foreign counterparts. This comes as the U.S. auto market is attempting to recover from the lockdown as a result of the COVID-19 pandemic.
After a two-year hiatus, Ford Motor Company has decided to release its U.S. monthly sales reports again. This was reported by Bloomberg and picked up by Automotive News.
A study from the Kogod Business School at American University in Washington, D.C. found that General Motors led all automakers in using the highest percentage of U.S.- and Canadian-made parts and materials, known as total domestic content (TDC), in the assembly of their vehicles at its U.S. plants.
An article from 24/7 Wall St. reported that owners of electric vehicles (EVs) can save as much as $10,000 more than those who own gas-powered vehicles. EV owners reportedly save money on fuel, maintenance, repairs and depreciation, as well as receive financial incentives from the federal government for making such an environmentally conscious purchase.
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.
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.
A recent report from iSeeCars showed that the average price for a used car during the month of August increased 4.1% over the previous month. Last month’s average price was $23,705, compared to $22,764 in July.