Report: Vehicle Supplies Are Climbing Back Up

Vehicle inventories are now approaching the highest levels seen since the summer of 2020. This is according to a report from Cox Automotive, which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. However, the figure still doesn’t match the supply averages seen at the start of 2020.

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Honda Hybrid, Honestly: Electrified Civic Returning in 2024

Appealing to customers who’d like a dose of electrons with their new Civic – or, perhaps more likely, appeasing dealers whining about the existence of a Corolla Hybrid, the crew at Honda is rolling out an electrified variant of the popular Civic next year.

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Stellantis Canceling CES Tech Show Presentation, Blames UAW Strike

Stellantis has announced plans to forego the 2024 CES trade expo on the grounds that it needs to save money while the UAW strike remains in progress.

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NHTSA Expanding Investigation Into Ford EcoBoost Engines

On Monday, the National Highway Traffic Safety Administration (NHTSA) announced that it would be expanding its investigation into late-model Fords equipped with EcoBoost engines. What initially started as a probe into 2021 model-year Broncos equipped with 2.7-liter turbocharged engines has evolved into a much broader look into several other models and the larger 3.0-liter EcoBoost motor.

Last summer, the NHTSA was prompted to launch an investigation into 2021 Ford Broncos after nearly 30 complaints were issued about the 2.7-liter motor cutting out at highway speeds. This was accompanied by a few petitions demanding the agency take action, prompting the NHTSA to launch a formal investigation. At the time, regulators were fretting over the possibility of “catastrophic engine failure” due to a presumed defect with the intake valves.

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Next Toyota Tacoma Teased

We've had one truck teased, now it's time for another.

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  • VoGhost Matt, I'm curious why you write that inventory levels are low at 74 days. Typically, 60 days is the benchmark for normal inventory.
  • Jeff Arthur Dailey--If you really want to see a similarity between Chevy and Cadillac look at the 71 Chevy Caprice compared to the 71 Cadillac Deville more similar in looks than the 61s. Motor Trend even had an article comparing them and stating that you could buy a comparably equipped 71 Caprice and save thousands. The 1971 Chevrolet Caprice/Impala: Value-Priced, Cadillac ... YouTube · Rare Classic Cars & Automotive History 16 minutes, 53 seconds Feb 3, 2024
  • Buickman mostly cut and paste information. where is Jack Baruth when you need him?
  • ToolGuy In a perfect world (we don't have that), and a stable world (also no), one might expect the used EV pricing curve to follow the new EV pricing curve but with a lag. Overall that might be sort of what we are seeing but I will have to noodle on it more. (I know you can't wait.)
  • ToolGuy Ok after listening to the podcast (and re-listening to the relevant part while doing a painting job in the hot sun, won't make any significant pronouncements at this point) I was curious about the methodology. ¶ Here you go: "Methodology iSeeCars analyzed over 2.2 million 1- to 5-year-old used cars sold in May 2023 and 2024. The average listing prices of each car model were compared between the two time periods, and the differences were expressed as both a percentage difference from the 2023 price as well as a dollar difference. Heavy-duty vehicles, low-volume vehicles, vehicles discontinued as of the 2023 model year, and vehicles in production for fewer than four of the last five model years for each period were excluded from further analysis." ¶ So for any specific model, you have age and mileage and condition factoring in (think of the volume curve for 'new' models over the past 5 years). ¶ The overall averages have a -lot- of model mix going on. ¶ Random question: is the 'listing price' the listing price (likely) or the actual transaction price? (It matters if the listing prices were too optimistic a year ago, i.e., some of the 'drop' would represent more realism in the listing prices.)