The pandemic isn’t over, but here in the U.S., we’re rolling toward normalcy, and assuming nothing drastic changes, we’ll get there as more folks get vaccinated.
Hopefully, the rest of the world will follow in fairly short order.
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As you might have noticed, or heard from us, rental agencies have been hoovering up new and used vehicles to offset the 2020 selloff that stemmed from everyone mysteriously canceling their travel plans that year. Returning to normal, which is something anyone who didn’t assume the world was ending could have predicted, has resulted in increased pricing for vehicles — regardless of whether you’re renting or buying.
Rental companies typically try to play the vehicle market like the rest of use stocks or (if you’re hip) crypto. Buy low, sell high. But 2021 has created a perfect storm of increased demand coming after a long stretch of nothing and an auto industry that doesn’t seem to be capable of building cars thanks to all sorts of component shortages. But it’s no sweat for the big rental agencies because they’re now able to charge just about whatever they want. They’re keeping vehicles in their fleets longer, making more money off them, and selling them back at elevated prices. (Read More…)
The 2020 Chicago Auto Show was, as far this author knows, the last major auto show to take place before COVID shut the world down.
Now, it might be the first auto show to return.
With car rentals crippled through 2020 as society collectively stopped traveling in response to the pandemic, businesses entered 2021 with the perfect excuse to charge exorbitant fees to lend out some of the cheapest vehicles on the market. Cities have it particularly bad as rental firms find themselves with a surplus of locals wanting to escape and not enough vehicles to serve them. Daily rates now surpass three figures in metropolitan areas and can balloon by hundreds more if a customer wants to return the vehicle out of state (depending on the agency).
However, Hawaii is where things start to get really weird. The islands are reportedly in such short supply of rental cars that tourists are borrowing U-Hauls, where the biggest concerns of mileage and finding a parking space pale in comparison to the upfront cost of something more typical of vacationing families. (Read More…)
With Ontario embracing some of the strictest lockdown restrictions in the West and giving the police force carte blanche when it comes to enforcing public health, many Canadians have told us they’re not exactly enthralled with the idea of notifying their government that they’ve been out of the country. This is doubly true if they’ve just flown in by plane because the nation now requires a few days’ stay in a hotel as part of its mandatory 14-day quarantine for those traveling by air.
Due to the added time, cost, and general hassle of booking yourself into a hotel for 3 nights — awaiting the results of a mandatory COVID test before you’re technically allowed to go home to continue self-isolation — some travelers have opted to utilize ground transportation for the explicit purpose of avoiding restrictions. Rather than flying all the way into the Great White North, Canadians are flying into neighboring American airports and then hailing a taxi that will take them across the border. (Read More…)
Like a lot of people, I’ve been driving less on average since the pandemic began. This presents a problem when part of your job requires testing cars.
The hellfire of a year that 2020 has been is almost over, and while 2021 likely won’t be a picnic — especially at first, as we wait for the pandemic to abate as vaccines are rolled out — I don’t think too many people are going to miss this year.
On Thursday, Uber Technologies made a request with the Centers for Disease Control and Prevention (CDC) that its drivers be deemed essential and up first for the COVID-19 vaccination. While slightly presumptuous, it’s hardly the only business to make such a plea. Delivery services, the trucking industry, food producers, and more have asked the CDC to make sure their employees have first whack at being inoculated.
With lockdowns still occurring, nobody wants to be made subject to new restrictions — especially if it hampers their ability to make money. Unfortunately, estimates leave widespread vaccinations a logistical impossibility until the middle of 2021.
General Motors is stopping production of the Chevrolet Corvette for the rest of the week after Mexican suppliers once again found themselves having to contend with the pandemic. While Johnson & Johnson’s Janssen unit has been given the go ahead to begin late stage trials for its coronavirus vaccine in Mexico, the nation has introduced new restrictions as the country reported a spike in infections last month.
On Wednesday, GM spokesman David Barnas informed The Detroit News that Bowling Green Assembly in Kentucky will be closed for Veterans Day but remain closed through the weekend due to supply chain issues. The manufacturer does not see this as turning into a prolonged idle period for the Corvette, but we’re wondering about other models — and not just those manufactured by General Motors. While Mexican suppliers are supposed to rebound swiftly, Europe has also instituted new lockdowns that could affect supply chains if they’re extended.
After numerous postponements led up to a cancellation in 2020, the New York International Auto Show (NYIAS) is coming back for 2021 — four months later than planned. On Tuesday, organizers announced that the event would be delayed until August to take advantage of planned expansions at the Javits Center providing additional room for vendors and guests.
Scheduling during the summer also gives it the best possible chance of existing for 2021. Many are worried New York City will reenact strict health protocols over the winter that could easily stretch into April, when NYIAS normally takes place. Depending upon how strict those mandates are, any sizable indoor event could be dubbed illegal by city officials.
The North American International Auto Show, aka the Detroit Auto Show, is moving. Again.
It never even had a chance to take place in summer, due to COVID. Now, it will be moving to September.
That’s right – assuming the pandemic is under control enough to allow for large gatherings by then, the NAIAS will take place just over one year from now, starting on September 28, 2021. The show will conclude on October 9.
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