Experts from the automotive research firm IHS Markits say the average lifespan of a car or truck is eleven years old. Cars dating back to 2009 and older are considered to be outdated. Driving an older vehicle with over 100,000 miles can lead to various mechanical issues, such as engine failure. Fixing these issues can become quite costly and hurt your finances in the long run.
The Wall Street Journal reported that today’s pickup trucks are bigger than they were almost 20 years ago. The article cited data from the U.S. Department of Energy’s Oak Ridge National Laboratory which showed that the average pickup is now 1,142 pounds heavier than it was in 1990.
Despite its promise to have all of its airbags fixed, Takata has yet to complete this task. In fact, 24% of those recalled airbags have yet to be repaired. That means nearly 12 million vehicles are on the road with defective airbags.
ABC News reported that General Motors (GM) is recalling over 217,000 vehicles after it was found that some of the cars were missing bolts from their start-stop mechanisms. This may result in transmission oil leaking from the mechanism and causing the car to either stop moving or catch on fire.
Kiplinger featured a story on drivers over the age of 50 who were in the market for a new car. Most of them said they needed a vehicle that both addresses their mobility issues and helps them stay safe on the road.
An article from Forbes explained that owners of electric vehicles (EVs) may have to pay more for insurance than owners of gas-powered cars. Some of the experts interviewed for the article said that the higher insurance rates can be attributed to the fact that repair costs for an EV are greater than those for conventional autos.
There have been many advances in the automotive industry in the 21st century: electric vehicles, cars that can brake automatically and park themselves and nearly autonomous vehicles. Soon, there will be another mode of transportation: solar vehicles.
ABC News reported that the Chevrolet Bolt has been deemed a fire risk by the National Highway Traffic Safety Administration (NHTSA) after the agency received complaints that the electric vehicle (EV) can catch fire. The probe covers almost 78,000 vehicles in the 2017-2020 model years.
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”
The Auburn Citizen reported that New York State Governor Andrew Cuomo signed an executive order pushing back the deadline for vehicle inspections and registration renewals until November 3. This applies to those documents that have lapsed over the past five months.