Car ownership in the U.S. has become more expensive than ever, with over 275 million vehicles currently on the road. Various factors, including the Covid-19 pandemic, ongoing supply chain disruptions, inflation, and the Federal Reserve’s…
The Struggles of the Western Auto Industry in 2025 Amid the EV Transition and Global Competition
The shift from gas-powered cars to electric vehicles (EVs) has been a difficult and painful transition, primarily due to the premature push by governments. They rushed automotive manufacturers into adopting EVs before the supporting infrastructure…
Automakers Purposefully Limit Vehicle Options and Keep Prices High to Maximize Profits Amid Recovery
Car manufacturers like Ford, General Motors (GM), and Stellantis are adopting a new strategy to sustain high vehicle prices by intentionally limiting the variety of options available on dealership lots. After recovering from the challenges…
Affordable Cars Disappear as Automakers Shift Focus to Higher-Priced Models and Increased Profits
In the near future, the U.S. may see the complete disappearance of new cars priced below $20,000. Models like the Mitsubishi Mirage, Kia Rio, and Nissan Versa are all set to be discontinued, following the…
Market Trends Indicate Stabilized Used Car Prices in 2025 After Years of Fluctuations
Used vehicle prices are projected to continue stabilizing in 2025, following a period of extreme fluctuations due to the COVID-19 pandemic and its associated supply chain disruptions. Cox Automotive expects that wholesale prices, tracked through…
Luxury Sales and EV Demand Push New Car Prices Near Record High in December 2024
In December 2024, the average price of a new car in the U.S. reached $49,740, just $218 below the all-time record set in December 2022. Unlike two years ago, when supply shortages forced buyers to…
Rising Costs and Supply Shifts Reshape Car Market as Dealers Brace for 2025 Challenges
The automotive market is set for another year of both opportunities and challenges for dealers. In 2024, sales increased due to better incentives and greater inventory availability, helping boost demand. However, shifting economic factors in…
Appeals Court Strikes Down FTC’s Auto Sales Rule, Blocking Efforts to Prevent Deceptive Pricing Practices
A U.S. appeals court has overturned consumer protection rules introduced by the Biden administration to prevent deceptive practices in auto sales. The 5th Circuit Court of Appeals ruled in a 2-1 decision that the Federal…
Biden Administration Moves to Block Chinese Vehicles, Citing National Security Risks and Technological Threats
The Biden administration is finalizing new regulations that will effectively block almost all Chinese cars and trucks from entering the U.S. market. This move is part of a broader effort to restrict Chinese vehicle software…
Trump’s Rollback of Clean Car Standards Risks Jobs, Consumer Savings, and Climate Progress
On his first day in office, President Trump signed executive orders that sought to weaken the nation’s clean vehicle pollution standards and curtail California’s authority under the Clean Air Act to set its own vehicle…
Car Market in 2024 Faces High Costs and Supply Struggles, but 2025 May Bring Relief
The car market in 2024 has been heavily influenced by several key factors, primarily economic conditions, supply chain challenges, and evolving consumer preferences. High inflation and rising interest rates have made car ownership more difficult,…
Automakers Lobby Against EV Mandates, Slowing Global Emission Reduction Efforts
A recent analysis by InfluenceMap highlights the lobbying efforts of major automakers and trade bodies against progressive policies aimed at reducing emissions from road transport. The report examines 15 key carmakers and eight trade groups,…
Rising Car Ownership Costs in the U.S. Could Worsen with Tariffs and Fuel Price Increases
The cost of owning a car in the U.S. has seen a significant increase in recent years. The overall expenses, including buying a vehicle, paying for insurance, fuel, maintenance, and repairs, have surged. In 2023,…
U.S. Auto Industry Reflects Economic Trends as Sales, Loans, and EV Growth Shift
The U.S. auto industry plays a critical role in the national economy, accounting for 3% of GDP and supporting over 8 million jobs directly and indirectly. Beyond these statistics, the performance of automakers, consumer trends,…
Are We in the Last Golden Age of Car Culture? Looming Electric Transition
Let’s take a deep dive into the captivating era of classic cars, embarking on a journey through time to uncover their charm and the significant influence they’ve had on the automotive industry, design evolution, and…
How Classic Car Conversions to EVs Are Splitting the Auto World
Have you ever imagined driving a classic car that rivals the performance of modern sports vehicles? Thanks to EV conversion, that dream is now achievable. More people are converting their gas-powered vehicles into electric ones.…
Why Millennials and Gen Z Are Suddenly Buying Classic Cars
A recent survey has revealed that almost half of Americans have fantasized about owning a classic car. In a surprising twist, the youngest drivers are the biggest enthusiasts of classic vehicles. Sixty percent of Generation…
The Death of Manual Cars, Will Stick Shifts Ever Make a Comeback?
When reviewing a car, you’re free to say whatever you like, since the cultural norm was set by Jeremy Clarkson. In fact, there’s an expectation that you’ll criticize it. I once removed an entire hubcap…
Could Government Regulations Kill Classic Car Collecting?
There is currently a movement aimed at eliminating American muscle cars and the V8 engines that power them. This effort is cloaked in the guise of progress, but I am here to show that this…
Do Americans Actually Want Self-Driving Cars, or Is It Just Industry Hype?
I took my first ride in a self-driving car nearly a decade ago. Like many who step into this technological frontier, I was struck with awe at the realization that machines had learned a skill…
Will Manual Driving Be Outlawed in a Future of Self-Driving Cars?
Autonomous vehicles are projected to achieve or surpass human safety standards by 2024, setting the stage for rapid growth at a compound annual growth rate (CAGR) of 30%, according to IDTechEx’s latest report, “Autonomous Cars,…
Could AI-Controlled Cars Be Hacked and Turned Into Weapons?
As the automotive industry moves toward increased automation, the FBI has issued a warning about the potential dangers of fully autonomous vehicles, cautioning that they could be hacked and turned into “lethal weapons.” A report…
Will Truckers Lose Their Jobs as AI Takes Over Freight Driving?
The American Trucking Association estimates that there are about 3.6 million truckers in the U.S. today, making up roughly 2% of the national workforce. According to the Census Bureau, the total earnings of individuals working…
The Reality of Autonomous Taxis, Are We Ready for a No-Driver Future?
A few weeks ago, I took a tour of San Francisco in one of Waymo’s self-driving cars. As we cruised through the city, I was struck by how commonplace these vehicles had become. Driverless cars…
Trump’s Auto Policy Shift Threatens EV Growth, Jobs, and U.S. Manufacturing Stability
President Donald Trump’s proposed automotive strategy involves two significant changes that could disrupt the North American vehicle industry. These changes, primarily focused on the potential rollback of emissions standards and tariffs on imported vehicles, threaten…