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Keyword: autos

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  • AUTOMOTIVEThe Most Reliable Car Brands, According to Consumer Reports

    09/20/2024 4:51:58 AM PDT · by thegagline · 94 replies
    The Visual Capitalist ^ | 09/19/2024 | Karla Zhu
    Ranked: The Most Reliable Car Brands As the saying goes, “It’s not how fast you can go, but how far you can get”—and in today’s world, a dependable car is crucial for getting you wherever you need to go. Reliability, or how consistently a vehicle performs without experiencing mechanical failures or issues over time, remains a key factor when choosing which brand of vehicle to purchase. This graphic visualizes the predicted reliability scores of various automakers, as ranked by Consumer Reports. The data is updated as of November 2023. Asian Automakers Lead The Pack Lexus and Toyota ranked first and...
  • GOP Rep. John James’ Democratic challenger called auto ‘a dying industry,’ Michigan ad campaign reveals

    09/15/2024 2:22:21 PM PDT · by T Ruth · 5 replies
    New York Post ^ | Sep. 10, 2024 | James Dickson
    DETROIT — A Democrat running for Congress in one of America’s top manufacturing districts once called auto “a dying industry,” a comment sure to tick off his Motown-area voters — and they’ll be reminded of it over and over again in a 30-second ad his Republican opponent launched Tuesday, which The Post viewed exclusively.GOP incumbent Rep. John James is facing a rematch in Michigan’s 10th Congressional District against Democrat Carl Marlinga, whom he defeated in 2022 by just 1,601 votes.The race is expected to be just as close this year — and James is determined to hold onto his seat,...
  • Domestic Abuse Law Should Cover Carmakers: FCC Chair

    02/28/2024 7:21:29 AM PST · by devane617 · 9 replies
    newsmax ^ | 02/28/2024
    The chairwoman of the Federal Communications Commission will propose a potential new rule Wednesday that would subject automakers that sell internet-connected cars to a telecommunications law intended to protect domestic violence survivors. Cases of technology-enabled stalking involving cars are emerging as automakers add ever more sophisticated features, such as location tracking and remote control of functions like locking doors or honking the horn. FCC Chairwoman Jessica Rosenworcel last month wrote to nine large automakers and three telecom providers seeking more information about their policies involving internet-connected car technology and domestic abuse. The federal Safe Connections Act gives the FCC authority...
  • White House Plans Downshift In Electric Vehicle Transition As Demand Slides (A Tesla 4-module Battery Pack Costs $20,000 To $28,000 BEFORE Labor!)

    02/17/2024 11:08:23 AM PST · by Kaiser8408a · 16 replies
    Confounded Interest ^ | 02/17/2024 | Anthony B. Sanders
    Burn on, Bidenomics! The Biden administration is reportedly considering easing tailpipe emissions regulations, a move that was designed to force Americans from gas and diesel-powered vehicles to electric vehicles, according to The New York Times, citing three people familiar with the plan. This potential policy adjustment is in response to concerns from major automakers and labor unions and comes amid sliding EV demand, recently prompting companies such as Ford Motor Company to reduce EV production and lay off workers. “Instead of essentially requiring automakers to rapidly ramp up sales of electric vehicles over the next few years, the administration would...
  • ‘Stop calling’: Over 80 cars towed during Stockton sideshow and sheriff says no one is getting their vehicles back soon [Calif]

    02/10/2024 11:10:40 AM PST · by CFW · 59 replies
    Fox40 ^ | 2/7/24 | Veronica Catlin
    (FOX40.COM) — Days after over 80 vehicles were towed during a sideshow in Stockton, San Joaquin County Sheriff’s Office said that no one will be getting their cars back anytime soon. “We’re getting a tremendous amount of calls from people wanting their vehicles back,” said San Joaquin County Sheriff Patrick Withrow. “To those people whose vehicle we have in our possession, they can stop calling.” [snip] He added that vehicles deemed to be a public nuisance face the possibility of being destroyed.
  • Nearly 4,000 Car Dealers Beg Biden to Stop as EVs Kill Profits

    12/01/2023 11:20:19 AM PST · by Red Badger · 45 replies
    Independent Sentinel ^ | November 30, 2023 | By M Dowling -
    Nearly 4,000 car dealerships are begging Joe Biden to pull back on the “unrealistic” EV mandates. The EVs are piling up on lots and carmakers are losing billions of dollars. A group of 3,882 dealers sent President Biden a letter begging him to lighten future EV sales requirements. EVs are not ready for the average buyer and may not be for some time. It’s amazing that Biden’s advisors didn’t see that before demanding the regulations. In the letter dated November 28th, 2023, dealers say that while BEVs are ideal for many people, “demand today is not keeping up with the...
  • “Soviet Joe” Biden Bails Out US Auto Industry With Up To $12 Billion In Loans/Grants As Green Energy Mandates Crush Auto Industry (Shades Of Banking Crisis, Another Federally Created Monster!)

    09/03/2023 7:56:39 AM PDT · by Kaiser8408a · 20 replies
    Confounded Interest ^ | 09/03/2023 | Anthony B. Sanders
    Soviet Joe Biden, who is a believer in Soviet-style command economies where rather than rely on free market capitalism, we now have CC (Crony Communism) running the US economy. Into the ground. But in the tradition of bad Federal policiies, Soviet Joe and Energy Secretary Granholm (with help from Congress) mandate green energy transition at all costs, watch the auto industry suffer, then bail them out. Sounds a lot of like the banking crisis of 2008 where The Federal government pushed homeownership until it helped almost collapse the banking sector, then the Federal government bailed out the banks. Rinse, repeat,...
  • Unaffordable Joe! Housing, Food, Autos Are More Expensive Under Biden (Car Prices Rise 19% And Food UP 44% Under Biden, Interest Rates On Cars Highest Since 2008)

    05/09/2023 5:28:13 AM PDT · by Kaiser8408a · 18 replies
    Confounded Interest ^ | 05/09/2023 | Anthony B. Sanders
    Biden’s approval ratings are terrible. Okay, Biden is the worst President in history, weak, can’t speak coherently and is letting chaos reign on the southern border. But from a consumer standpoint, he and crazy spending Congress have helped make America simply unaffordable for miillions. Once again, Biden’s obsession with foolish green energy, Congress using Covid to spend trillions, then the green energy subsidy Act (aka, Inflation Reduction Act) where Biden and Congress agreed to make massive payoffs to big donors (the donor class). All this resulted in 40 year highs in inflation leading The Federal Reserve to raise interest rates...
  • Massive 230-Car Barn Find in the Netherlands Is Going to Auction The gigantic auction will start on Friday, May 19, and run for just over two weeks.

    04/15/2023 3:51:02 PM PDT · by dynachrome · 36 replies
    Jalopnik ^ | 4-14-23 | Ryan Erik King
    One of the greatest barn finds of all time was recently uncovered in the Netherlands and will soon be sold at auction. The Palmen Barnfind Collection is named after its former owner. Mr. Palmen began collecting special cars over 40 years ago. He eventually stored over 230 vehicles in a church and two warehouses, where the cars were rarely seen by anyone. Due to circumstances and his increasing age, Palmen can no only longer keep his impressive collection, and Gallery Aaldering, a classic car dealer, acquired the massive historic fleet.
  • After a Botched EV Push, General Motors Is in Deep Trouble

    03/12/2023 11:57:33 AM PDT · by CFW · 64 replies
    Auto Evolution ^ | 3/10/23 | Christian Agatie
    I once believed that GM had everything needed for a successful EV program. The Detroit carmaker invested billions in overhauling its factories and building new ones. Its EV plans looked rock solid, with more than a dozen EV models planned, some in the mass-market segments. GM even started partnerships with battery makers and raw material suppliers to ensure it has everything in place for a successful execution of its EV plan. I smiled when Mary Barra vowed to surpass Tesla by 2025, although I thought if anyone were to challenge the EV leader, it would be GM. With all the...
  • Used Car Prices Soar with Largest Spike in 14 Years

    02/18/2023 1:33:13 PM PST · by CFW · 107 replies
    Slay News ^ | 2/18/23 | Nick R. Hamilton
    Used car prices have soared, recording the largest February increase in 14 years, according to reports. The spike in prices comes as inflation continues to drive consumer prices. Wholesale used-vehicle prices increased 4.1 percent from January through the first half of this month, signifying the largest February increase since 2009’s full-month 4.4 percent gain, according to the mid-month Manheim Used Vehicle Value Index from Cox Automotive. This comes just a month after markets were hit with a massive rise in used car prices, according to the Manheim Used Vehicle Value Index. The used vehicle index rose to 234.0, down 7.3...
  • I'm now convinced that there is a massive wave of car repossessions coming in 2023.

    12/16/2022 12:31:24 PM PST · by Drew68 · 64 replies
    CarDealershipGuy (Twitter) ^ | CarDealershipGuy (Twitter)
    This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending. I'm now convinced that there is a massive wave of car repossessions coming in 2023. Here's what I discovered (and what no one knows): Background: Over the past 2 years, many people took out exorbitant loans on cars. Car values were inflated (and frankly, still are to some extent). But many people simply had no choice and bought an overpriced a car. Well... Car valuations are now plummeting. Some cars have declined in value as much as 30% y/y. And these same people that...
  • Auto loan delinquencies rise as loan-accommodation programs end

    11/08/2022 6:13:34 AM PST · by ConservativeInPA · 14 replies
    CNBC ^ | November 8, 2022 | Phil Lebeau
    A growing percentage of Americans with auto loans are struggling to make their monthly payments. Subprime borrowers in particular are feeling the impact of higher prices for both new and used vehicles. The rise in delinquencies also follows the end of loan-accommodation programs set up during the pandemic. With inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments. TransUnion, which tracks more than 81 million auto loans in the U.S., said Tuesday the percentage of loans that are at least 60 days delinquent hit 1.65% in the...
  • Police in Arizona Find 1,200 Catalytic Converters as Thefts Soar

    06/01/2022 6:39:05 AM PDT · by blam · 13 replies
    Zubu Brothers ^ | 6-1-2022
    An Arizona man was facing multiple theft charges last week after detectives found more than 1,200 catalytic converters packed into a storage unit, a case that highlights a national surge in thefts of the pricy auto parts that play a critical role in reducing vehicle emissions. The discovery followed a months-long investigation that began with a January tip that someone was storing stolen catalytic converters in an industrial area near Phoenix Sky Harbor International Airport. “We were very surprised at the amount in there,” Phoenix police Det. Adam Popelier said in a police video taken Thursday as officers were pulling...
  • Transportation Secretary Pete Buttigieg says EV transportation will bring ‘cost savings’ to Americans

    Buttigieg said electric buses will create better, high-paying jobs and clean up congestion on freeways. He also said federal funds have been set aside to train the "diesel workers of today" to build and maintain the electric transit buses of the future. "Clean transportation can bring significant cost savings for the American people as well," Buttigieg said. He added that $5 billion have been invested into building a nationwide electric vehicle charging network "so that people from rural, to suburban, to urban communities, can all benefit, from the gas savings of driving an (electric vehicle)." "Today is about how we...
  • GM And Ford Warn Dealerships: Stop Charging Over Sticker Price Or We’ll Cut Off Supply

    02/09/2022 8:13:36 PM PST · by blam · 54 replies
    Both Ford and GM are directing their dealers to stop charging so much for autos, according to a new report by the Wall Street Journal. Dealerships have been marking up vehicles over sticker price as a result of a drought of inventory, attributable to supply chain issues and the semiconductor shortage, combined with increased demand. But Ford Chief Executive Jim Farley said this week that dealers who gouge prices will “face consequences” that may include losing supplies of future models. “We have very good knowledge of who they are,” he said on his company’s earnings call, talking about these dealerships....
  • Appalling… Joe Biden on Rising Car Prices: “You Reduce the Demand for Cars by Making Americans Poorer” (VIDEO)

    01/09/2022 8:31:15 AM PST · by bitt · 39 replies
    GATEWAY PUNDIT ^ | 1/9/2022 | Joe Hoft
    They don’t even hide their intentions anymore. As inflation continues to climb to record highs Joe Biden on Friday commented on the rise in car prices. Joe actually said if car prices are high, then one way to reduce the demand for cars was “to make Americans poorer.” It’s the Democrat way! And people actually listen to this nonsense. video
  • The EPA’s Mileage Standards Are a Stealth Electric-Vehicle Mandate

    12/28/2021 8:15:41 PM PST · by DUMBGRUNT · 26 replies
    WSJ ^ | 28 Nov 2021 | Jonathan Lesser
    How else can auto makers meet the requirement of a 55 mpg fleetwide average by model year 2026? Under the guise of regulating greenhouse-gas emissions, the Environmental Protection Agency recently announced new, more stringent fuel-efficiency standards for passenger cars and light-duty trucks. The real purpose of higher fuel-efficiency standards is to impose an electric-vehicle mandate by regulatory fiat, because there is little chance that Congress will enact legislation banning the sale of internal-combustion vehicles. For those who drive hundreds of miles every day, as some rural consumers do, having to spend hours recharging an EV isn’t practical. It isn’t even...
  • “Outpacing 2019 Levels”: All Of A Sudden, There Is A Rental Car Supply Crisis

    12/26/2021 1:21:49 PM PST · by blam · 24 replies
    Zubu Brothers ^ | 12-26-2021
    Supply chain issues aren’t just showing up for consumer staples, they’re also starting to rear their head in rental cars. There has been a shortage in the rental car industry since earlier this year and while travelers are “encountering higher rates and few choices,” according to a new Wall Street Journal article, companies like Hertz are “struggling” to re-stock fleets after downsizing due to Covid. For customers lucky enough to even find a car, many are being forced to downsize or book vehicles they didn’t originally intend. At the same time, rental rates are skyrocketing. The daily rate is now...
  • Used Car Prices May Never Return To 2019 Levels, Says Cox Automotive

    12/09/2021 11:12:22 AM PST · by blam · 99 replies
    Nation And State ^ | 12-9-2021
    Those holding off on purchasing a used car, expecting prices to come back down, might be in for a surprise. A new Cox Automotive report said used car prices may never return to pre-pandemic levels. Philip Nothard, insight and strategy director at Cox Automotive, said used car prices show no signs in reversing as there is no “tsunami of used stock” on the horizon and warned secondary markets had lost around 1.4mln vehicles. He said prices might stabilize in mid-2022 as the market reverts to some normalization but said a new benchmark for used vehicle values has been established and...