This is a new one for VRCG, but, coming from John Tamny as editor of RealClearMarkets, President of the Parkview Institute, a senior fellow at the Market Institute, and a senior economic adviser to Applied Finance Advisors, his long term views about the effects of mobility are worth considering. He writes: The future will be […]
From our friends at Vehicle Remarketing: The recent spate of automotive-specific tariffs will deeply affect the used-vehicle market regarding sales, inventory and pricing, Cox Automotive reported on April 7. The new 25% tariffs on all imported vehicles have already disrupted the new vehicle landscape, increasing the urgency among consumers to purchase vehicles before prices increase […]
From The Detroit News Saturday January 25 2025: Is now a good time to buy a used car? Here’s what’s happening on dealership lots Used-car inventory is expected to be tight this year thanks to lower production amid the COVID-19 pandemic, but increasing incentives on new vehicles should help moderate prices, according to experts. The […]
From the December 6, 2024 edition of The Wall Street Journal Americans’ Cars Keep Getting Older—and Creakier Drivers are skimping to save a few bucks. That could mean bigger bills down the road and a rebound for parts and service companies. This should be the best of times for the people who help keep America’s […]
Courtesy of Automotive News, Oct 14 2024 Edition: Here’s why saltwater flooding can lead to EV battery fires Florida has seen at least 16 lithium ion battery fires in the wake of Hurricane Helene, six associated with electric vehicles. While electric vehicle battery fires remain exceedingly rare, saltwater exposure from Hurricane Helene-type storm surges make […]
From the May 13 2024 edition of Automotive News: Column: Why does Wall St. value Tesla 40% higher than Toyota? Both face headwinds, but Toyota earned twice as much as Tesla in the most recent fiscal year. I studied finance in college, and one of my favorite classes was investment analysis: measuring a company’s or […]
An interesting article from the February 19, 2024 edition of Automotive News. This is NOT a big deal right now, but judging the life span, thus the value, of a used EV’s battery will become a significant driver of used EV values in the future. This article outlines some of the facts and variables. Assessing […]
From CNBC January 11 2024: DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023 following a stretch of record prices. Automotive data firm Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index, which tracks prices of used vehicles […]
From the November 28 2023 edition of Vehicle Remarketing: Used electric vehicle average prices have fallen more in the past year than prices in every other vehicle category, plummeting 33.7% compared to a 5.1% drop in overall average used car pricing and a 9.6% drop in the average used hybrid price, according to an iSeeCars […]
From the December 18 2023 edition of Vehicle Remarketing magazine: EV Inventory Remains Elevated While EV sales volumes continue to increase, inventory levels are increasing faster. New electric-vehicle supply at the end of November was at 114 days. EV inventory levels have been climbing throughout Q4 and by volume and days’ supply are at a […]
