Tag: reports

By on October 18, 2021

The National Highway Traffic Safety Administration has opened an investigation into nearly 605,000 heavy-duty Ram trucks. A report from the regulator’s Office of Defects Investigation has tabulated 22 complaints from the 2019 and 2020 model years, all of which use 6.7-liter Cummins turbo diesel engines, spurring the NHTSA to launch a formal investigation. Complaints revolve around loss of motive power, with most incidents occurring above 25 mph and resulting in the “permanent disablement of the vehicle.”

While the public was not made aware of the investigation until Monday, the agency launched its probe last Thursday on October 14th. The goal will be to establish how widespread the presumed defect is, what exactly caused it, and any potential safety hazards relating to the issue. Some headway has already been made, however.  (Read More…)

By on October 15, 2021

A new study from the American Automobile Association (AAA) has found that rain can severely impair advanced driver-assistance systems (ADAS). Similar to how highway traffic slows to a crawl when there’s a sudden deluge, modern safety equipment can have real trouble performing when a drizzle becomes a downpour.

On Thursday, the motor club organization released findings from closed-course testing that appeared to indicate some assistance suites had real trouble seeing through bad weather. AAA reported that 33 percent of test vehicles equipped with automatic emergency braking traveling collided with a stopped car when exposed to simulated rainfall at 35 mph. The numbers for automatic lane-keeping was worse, with 69 percent drifting outside the lines. Considering the number of times the people writing for this website have anecdotally criticized ADAS for misbehaving in snow, sleet, rain, fog, or just from an automobile being a little too dirty, it’s hard not to feel a little vindicated.  (Read More…)

By on September 30, 2021

As luck would have it, hiring thousands of drivers to cruise around a city in search of their next fare has some negative environmental impacts. That’s the word coming from expert researchers at Carnegie Mellon University, who we can only hope are prepared to tackle similarly impossible quandaries — like establishing what happens to an object when it’s dropped or reaching a final determination on the wetness of water.

The study is inextricably linked to one we covered in 2018 asserting that ride-hailing services actually created more traffic congestion because it treads extremely familiar ground and seems like something that we should have already figured out on our own. But it’s also at odds with the years of messaging we’ve gotten from technology firms that have promised on-demand services (like Uber or Lyft) would usher in a new era of urban transportation striving for clearer roads and cleaner air. Based on little more than the conjecture of executives, we’ve generally accepted ride-hailing as “greener” than the alternatives and it’s well past time that we started actually thinking about it.  (Read More…)

By on August 30, 2021

The average cost of owning a vehicle is now $9,666 per year, according to the American Automobile Association (AAA). While the sum is up substantially over the 2019 average of $9,282, 2020 was sitting at a much tighter $9,561.

Of course, none of this means anything to you unless you happen to drive the most typical vehicle in the most likely manner imaginable. The problem with coming up with a representative figure is that it doesn’t actually represent any one driver or automobile. But AAA was good enough to provide some basic calculation tools to help determine where you fall on the spectrum and some pointers on how to bring those rates down. Though the biggest factor remains which hunk of metal happens to be occupying your driveway.  (Read More…)

By on August 26, 2021

Ford had been rumored to be developing a pickup variant of the Bronco with the assumed strategy of competing with the likes of Jeep’s Gladiator by 2024. However, reports have surfaced that Blue Oval is notifying suppliers the program is being abandoned. While we knew that there was supposed to be another Bronco vehicle in development, Ford never confirmed it and it was unclear exactly how far along the program had managed to get. But as the company continued introducing new trucks (e.g. Maverick and Lightning) we were over here wondering how far the pickup market could realistically be stretched.

Apparently, so did Ford.  (Read More…)

By on August 5, 2021

One of the reasons electric vehicles have been so polarizing is down to the near-constant proclamations that they’re the superior mode of transportation. But truth is usually a mixed bag and spending some time with EVs has shown them to have some serious blind spots that will need to be addressed if they’re ever to supplant internal combustion vehicles. Electrics aren’t always the better option, though they do boast features that make them extra desirable to some.

Among those was the promise that owning an EV yielded lower maintenance costs. But there’s a new study out claiming that’s not entirely true. Data is pointing to electrics actually having average servicing fees higher than traditional automobiles.  (Read More…)

By on July 16, 2021

As you’re undoubtedly aware, now isn’t the best time to purchase a new vehicle. While you can currently sell your ride for more than it’s realistically worth, the economy is anything but stable as inflation and supply shortages gum up the works. A lack of semiconductor chips has caused the automotive industry to stutter endlessly throughout 2021, with the issue getting so bad that some manufacturers have been building unfinished vehicles just to give their employees something to do. Ford is even mulling over a strategy to ship those units directly to dealerships so they’ll have something on the lot — effectively making its retail network responsible for final assembly.

But the logistics nightmare is only part of the story. Automotive loans are also becoming untenable as terms stretch out endlessly. Cars continue getting more expensive and the average consumer is losing their buying power. The preferred solution is for financiers to extend agreements so customers can continue making the same monthly payments while accruing more on interest over the duration. While effective in the short term, and bound to make banks money as we’re all driven deeper into debt, one wonders how this plays out on a grander scale.  (Read More…)

By on June 29, 2021

With just about every resource trading at unappealing premiums, now may not be the time to make any major purchases unless you’re a financial masochist or so wealthy that the normal rules of living no longer apply. But it remains a seller’s market for just about everyone, including the plebian masses. Giant, unaccountable financial institutions will happily purchase your home and there’s a sea of disenfranchised people who will give you their last dollar if you can help them make sense of an increasingly hectic world. In the automotive sphere, we’ve seen dealerships and rental agencies hungrily scooping up secondhand automobiles for unheard-of prices just so they’ll have something on the lot.

The end result is a lot of overpriced merchandise that larger businesses are desperate to buy so they can pass on their elevated expenses to the customer. We’ve already covered the stupidly high prices surveyed consumers claimed they’d be willing to spend on a new vehicle. But there have been numerous reports claiming those days are coming to an end, with just as many suggesting we’re still in the thick of it. Yours truly has been wondering just how close to reality those assertions happen to be.  (Read More…)

By on June 17, 2021

It’s always nice to get a break from the endless stream of industry marketing materials about electrification, though this week’s impromptu theme still involves going green. Following news that General Motors is considering changing its drug testing policies to exclude marijuana, there has been heavy coverage of an Insurance Institute for Highway Safety (IIHS) study claiming states that have legalized recreational use of cannabis are seeing more crashes.

But the framing seems wildly irresponsible as it fails to highlight the problem being heavily tied to individuals operating a vehicle under the influence of marijuana and alcohol combined. It’s more or less what the IIHS attempted to do in 2018 with help from the Highway Loss Data Institute (HLDI). Our guess is that the duo is seeking out fresh reasons for insurance companies to raise rates in regions that have legalized pot because even their own research complicates the issue.  (Read More…)

By on June 7, 2021

We’ve been covering the staggering increase of automobile pricing all year, starting with the second-hand surge created by rental industries sucking up used models to replace all the vehicles they dumped during the pandemic. A year of suppressed demand and prolonged restrictions absolutely crippled supply chains and placed the automotive sector in an extremely difficult position going into 2021. We wish we could say things were improving but the most heartening news we’ve come across was the possibility that select manufacturers might soon have a line on semiconductor chips — hopefully encouraging new vehicle production.

But the used market is still heading into uncharted waters. According to data collected by CarGurus, the typical price for a used automobile increased by about 30 percent against this time last year. Though more worrying is how much of that spike is consolidated within the last 90 days. (Read More…)

By on May 20, 2021

The Governors Highway Safety Association (GHSA) released the latest data pertaining to U.S. pedestrian fatalities  — indicating that the largest-ever annual increase since we started keeping track in 1975. While the data is preliminary, the association estimated there were 6,721 pedestrian deaths in 2020. It’s a 4.8 percent increase over 2019 and not all that impressive until you realize most people basically gave up their normal driving routine during lockdowns. According to the GHSA, adjusting for miles driven actually results in an annual increase of 21 percent.

It’s genuinely creepy and kind of perplexing with everyone staying isolated. But we’re not going to recommend you start wearing high visibility jackets whenever you leave your home because the mathematical likelihood of being crushed by an automobile remains incredibly low. (Read More…)

By on May 18, 2021

While we’d like to get away from stories about everything becoming more expensive, everything actually is becoming more expensive and it looks like a healthy slice of the population is allegedly willing to go along with it. According to the latest data coming from Cox Automotive, roughly 40 percent of the U.S. population would purchase a vehicle at 12 percent above sticker. There’s always been a subset of shoppers who don’t know when they’re being taken but this represents a healthy share of the country.

It makes one wonder where these surveys were being conducted until Cox summarized the situation as the direct result of a populace beaten down by their environment. Apparently, people no longer expect to find good deals and have not yet reached the point where they’ll feel comfortable driving around in the same busted crate that’s seen them through the last decade as a way to save money.  (Read More…)

By on May 11, 2021

Tesla has reportedly canceled plans to expand its Shanghai plant. The electric vehicle manufacturer originally intended to make a land purchase and create a global exportation center for its products. But tensions between China and the United States have persisted, making any vehicles shipped to our market substantially less profitable for the company.

Automobiles exported from China are currently subject to a 25-percent tariff issued under the Trump administration as retaliation for the Chinese Communist Party’s heavy restrictions on foreign manufacturers. While Tesla is one of the only companies in existence that isn’t subject to China’s mandatory joint venture, resulting in a factory it wholly owns, the firm would still be subject to tariffs on every vehicle shipped to the U.S. and has recently endured a campaign of negative publicity in the region. China seems suddenly less friendly toward Tesla and it’s responding with the maximum amount of caution.  (Read More…)

By on April 9, 2021

The China Association of Automobile Manufacturers (CAAM) is reporting its home market grew 74.9 percent in March, resulting in nearly 2.53 million new-vehicle deliveries. While we’re often skeptical of the organization’s rosy predictions and tallies, it’s claiming the recent sales surge is the direct result of how bad things had been in the previous year. China instituted some of the most aggressive lockdown protocols of any nation in the initial stages of the pandemic and had already been struggling with a declining vehicle market in 2019.

CAAM is making no illusions about the gains being based on anything other than how horrible March of 2020 was and doesn’t want to overpromise moving ahead. It’s a warning that the semiconductor shortage will likely worsen as the year continues, dampening Q2 projections. But the organization has not yet revised its forecast for next year’s overall sales. Last December, CAMM predicted roughly 26.3 million vehicles would be delivered by the end of 2021 and appears to be running with that target.

(Read More…)

By on March 12, 2021

Hindenburg Research, the firm that outed Nikola for overselling its technology in last year’s scathing report, has selected a new target. The company in its crosshairs this time around is Lordstown Motors. While the investment research firm stopped short of saying the Ohio-based manufacturer committed fraud, it came extremely close. On Friday, Hindenburg alleged that Lordstown is stringing investors along, will be unable to adhere to its existing production targets, and fabricated sales to make the business appear more appetizing.

“Lordstown is an electric vehicle [special purpose acquisition company] with no revenue and no sellable product, which we believe has misled investors on both its demand and production capabilities,” reads the report. “The company has consistently pointed to its book of 100,000 pre-orders as proof of deep demand for its proposed EV truck. Our conversations with former employees, business partners and an extensive document review show that the company’s orders are largely fictitious and used as a prop to raise capital and confer legitimacy.”

(Read More…)

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