Here's the Thing

Repetitive and physical: 90 years of durability testing at GM

(October 25, 2014) DETROIT — In 18 months, the durability team at General Motors’ Milford Proving Ground can put a vehicle through an entire lifecycle. Durability tests are long, repetitive and physically demanding.

Despite huge incentives, falling gas prices slam hybrid car demand

(October 25, 2014) SANTA MONICA, Calif. — TrueCar, Inc. has reported on a shift in consumer new vehicle preferences this year, with demand for Toyota’s Prius softening, as gas prices stabilize.  Simultaneously, a sustained economic recovery is boosting demand for full-size pickup trucks, as Ford releases a fully revamped version of its benchmark F- Series.

TrueCar forecasts strong sales for October; up 5.9% compared to 2013

(October 24, 2014) SANTA MONICA, Calif. —TrueCar, Inc. today released its October 2014 sales and incentives forecast, which shows the Seasonally Adjusted Annualized Rate (“SAAR”) for October of 16.3 million new vehicle sales. TrueCar’s 2014 full year Sales Forecast remains at 16.4 million vehicles.
   
New light vehicle sales in the U.S. (including fleet) are expected to reach 1,278,800 units for the month, up 5.9% from October 2013. With the same number of selling days, the Daily Selling Rate (DSR) for this October is 5.9% greater than that of October 2013.

California leads in luxury vehicle thefts in U.S., new report finds

(October 23, 2014) DES PLAINES, Ill — California has the most luxury vehicle thefts in the country according to the National Insurance Crime Bureau (NICB), which today released its latest report on luxury vehicle thefts.

NICB analysts review data contained in the National Crime Information Center's stolen vehicle file and identify thefts of luxury vehicles as defined in the 2013 market classifications published by Automotive News.

Study finds car sharing services, vehicles on demand affect car purchase

(October 21, 2014) RHINEBECK, N.Y. — New research from Phoenix Marketing International, a global marketing services firm, has released the results of a recent study that focused on vehicle on demand and car sharing services such as Uber, Lyft, ZipCar and Cars2Go. The research revealed that as awareness levels continue to increase, consumers are more likely to rethink the purchase of a car.

“Vehicle on demand and car sharing services have been making headlines as they continue to disrupt consumers’ needs,” said Dennis Syrkowski, president, Automotive for Phoenix Marketing International.

Truck design requires insight into the future

(October 21, 2014) The process of developing a new truck starts many years before it is launched. During that time a lot can change, which requires insight into the future to develop a design that is not only timely on its arrival, but is also considered innovative.

"We started working with the new Volvo FH back in 2006," says Rikard Orell, Design Director at Volvo Trucks. "Back then no-one had heard of an iPhone, yet when the Volvo FH was launched in 2012, smart-phones were suddenly an integral part of society. We must be able to predict this kind of change."

Study: Experience matters more than age in young-adult driver safety

(October 20, 2014) WASHINGTON — Experience behind the wheel may matter more than age when it comes to the safety of young-adult drivers, according to two new studies by the AAA Foundation for Traffic Safety. These results suggest that states could reduce road crashes, fatalities and injuries by extending graduated driver licensing (GDL) laws to novice drivers beyond age 17.

AAA is promoting this research as part of National Teen Driver Safety Week, which takes place from Oct. 19-25.

Flash Valet, a parking technology product, gets 'most innovative' award

(October 17, 2014) AUSTIN, Texas — Flash Valet, a parking technology product developed by Austin-based Klever Logic, was recently named by Channel Partners (a resource for indirect sales channels offering IT and telecom solutions) the winner of their 2014 Cloudys Cloud Channel Innovation Awards.

Honored as the 2014 "Most Innovative Cloud Service" company, Don Douglas, a Flash Valet investor and mentor, was on-hand to accept the award by John Siefert, the CEO of Virgo Publishing and publisher of Channel Partners. The 2014 program was underwritten by Verizon.

Study finds road to new vehicle purchase often bumpier for women

(October 16, 2014) IRVINE, Calif. — When it comes to car shopping, women are driven by features — engaging in extensive research to find the best fit — while from the outset many men are revved about a particular car brand, according to a study just released by Kelley Blue Book kbb.com.

One-in-five men know the exact vehicle he wants, while women are twice as likely to be undecided about what vehicle they desire, the study revealed.

Mazda2 wins Japan Car of the Year

(October 15, 2014) TOKYO — Typhoon Vongfong, this year’s fiercest storm, might have weakened when it made landfall on the Japanese archipelago on Sunday, but a storm of different proportions was brewing inside the National Museum of Emerging Science and Innovation on Tokyo Bay.