December 2014

Study reveals a new frontier for light vehicle sales

(December 9, 2014) LONDON — A new study by Frost & Sullivan shows that Eastern Europe and Central Asia offer very interesting opportunities for the light vehicles sector which includes passenger cars and light commercial vehicles. The study analyses the automotive market in Kazakhstan, Uzbekistan, Ukraine, Azerbaijan, Belarus, Kyrgyzstan, Turkmenistan and Tajikistan, and finds that by 2021 the annual light vehicle sales volume in these eight countries is expected to reach nearly one million.

AAA Assessment: New car technologies still working out kinks

(December 9, 2014) ORLANDO, Fla. — AAA's Automotive Engineering experts are confident new advanced driver assistance technologies like blind-spot monitoring and lane-departure warning systems have great potential to keep drivers safer, as long as motorists are aware of system limitations. 

Technology and teamwork drive dramatic reductions in auto thefts

(December 8, 2014) DES PLAINES, Ill. — The National Insurance Crime Bureau (NICB) today released a national analysis of vehicle theft which compares annual statistics for thefts, population and vehicle registrations from 1960 through 2013. Just released FBI crime figures for 2013 show that 699,594 vehicles were reported stolen last year–a 58 percent reduction–from 1991 when vehicle theft reached an all-time high of 1,661,738.

Ford F-Series pickups most popular with thieves in Canada

(December 3, 2014) TORONTO — Ford F-250 and F-350 trucks are big, rugged — and loved by thieves across Canada. This year's Top 10 Most Frequently Stolen Vehicles list, published annually by Insurance Bureau of Canada (IBC), shows a growing interest by organized criminals in Ford ("F") series trucks.

Holiday driving to spike, study finds

(December 3, 2014)  DAYTONA BEACH, Fla. — With gas prices at five-year lows, new research from DMEautomotive (DMEa) reveals that a whopping one-third of consumers plan to drive out of town for the 2014 winter holiday – and the vast majority (79%) of those will be hitting the road in their own wheels versus renting a car.

These 2014 winter holiday travelers are driving far — over 50% say they intend to drive 400-plus miles round trip, with one in six planning to rack up over 1,000 miles on their odometer.

Toyota seeks independent, industry-wide testing initiative for Takata airbags

(December 3, 2014) TORRANCE, Calif. — Toyota today called for a coordinated industry-wide joint initiative to independently test Takata airbag inflators that have been the subject of recent recalls. The goal of this initiative is to address affected automakers’ issues related to the airbag inflator recalls and supplement testing being undertaken by Takata in order to address customer concerns about safety.

Why your neighbor's car might be worth 30 percent more than yours

(December 2, 2014) MCLEAN, Va. — In their most recent report, NADA Used Car Guide analysts have determined what key factors push down the value of some used vehicles steeply in 2015. The number of years since the last redesign, amount of competition within the vehicle's segment, and the quality of the design were all factors in determining used values.

New-car transaction prices surge higher in November, Kelley reports

(December 2, 2014) IRVINE, Calif. — The analysts at Kelley Blue Book today report the estimated average transaction price (ATP) for light vehicles in the United States was $33,754 in November representing a $165 (up 1.7 percent) from November 2013, while rising $568 (0.5 percent) from last month.