Here's the Thing

J.D. Power predicts vehicle sales to decline slightly in November



(November 27, 2020) New-vehicle retail sales for November are expected to decline marginally from November 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 1,040,000 units, a 0.7% decrease compared with November 2019 when adjusted for selling days. November 2020 contains three fewer selling days and one less selling weekend when compared with November 2019. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of 12.2% year over year.

Study finds COVID has dramatic impact on California auto safety



(November 26, 2020) VISALIA, Calif. — While 2020 saw a dramatic drop in automobile accidents resulting from COVID-conscious citizens staying at home, reckless speeding drivers have increased on California streets. Maison Law Personal Injury Law Firm in Central Valley recently conducted an accident study comparing 2020 accident statistics to those of 2019. 

Edmunds says finding Black Friday bargains won't be easy for car shoppers



(November 25, 2020) SANTA MONICA, Calif. — Shoppers seeking Black Friday bargains on new cars will likely need to do some extra research ahead of the holiday weekend, according to the car shopping experts at Edmunds. Edmunds analysts note that automakers have pulled back on incentives for the holiday due to shortages in inventory created by the coronavirus pandemic.

Gas prices ahead of Thanksgiving lowest since 2015



(November 24, 2020) WASHINGTON, D.C. — At $2.10, this Thanksgiving’s national gas price average is shaping up to be the lowest since 2015. The holiday weekend average that year was a nickel cheaper at $2.05. Today, nearly half of all states have gas price averages that are 50 to 75 cents cheaper than a year ago. West coast states are seeing the biggest year-over-year savings, while the majority of southern states’ averages are $1.99/gallon or less.

IIHS studies driver disengagement while using automated systems



(November 20, 2020) ARLINGTON, Va. — Drivers fidget with electronics and take both hands off the wheel more often as they develop trust in automated systems, new research from the Insurance Institute for Highway Safety and the Massachusetts Institute of Technology’s AgeLab shows.

GasBuddy finds 45% fewer travelers on the road this Thanksgiving



(November 19, 2020) BOSTON — The Thanksgiving travel season will be notably different this year due to the COVID-19 pandemic. GasBuddy, the travel and navigation app, has released its 2020 Annual Thanksgiving Travel Survey, finding that only 35% of Americans will be taking to the roads this year, a decrease from 65% from last year, amidst some of the lowest Thanksgiving gas prices the country has seen in years.

Kelley Blue Book names best Black Friday car deals for 2020



(November 18, 2020) IRVINE, Calif. — While this year's holiday season may look vastly different than years past, Black Friday is still considered to be the biggest shopping day of the year. From 0% financing to "Employee Pricing," this year's car deals can save you thousands of dollars on a new vehicle. Whether you are shopping online or staying socially distant at your local dealership, this year's Black Friday deals are shaping up to last into the first weeks of 2021.

Increase in gas demand pushes state averages more expensive



(November 17, 2020) Motorists are paying more to fill up than last Monday in nearly 30 states with the vast majority paying just a few pennies more. On the week, South Carolina (+8 cents) saw the largest increase followed by these states who each had a six cent increase: Michigan, New Mexico, Indiana, Delaware, and Minnesota.

2021 Lamborghini Urus SUV — Irresistibly posh – incredibly fast



By Jim Prueter
MotorwayAmerica

(November 17, 2020) Riding the wave of an SUV explosion, Lamborghini — the maker of some of the world’s most extravagant supercars — brings the Urus, a large five-door family car with legitimate off-road capability to go along with credentials as one of the world’s fastest SUVs.

Dealership auto finance faces permanent challenge from digital, study finds



(November 16, 2020) That meeting with the auto dealership’s finance department — the one in which vehicle buyers are presented with the dealer’s recommended financing options and offered add-ons — is evolving to more of a digital experience and is being dictated by consumer demand. According to the J.D. Power 2020 U.S. Consumer Financing Satisfaction Study more vehicle buyers than ever have turned to digital channels when it comes to pre-transaction research and lining up financing options for a new vehicle.