Used Car Market Won’t Recover Till 2025
By Lauren Fix, The Car Coach Prices of new and used cars seem to be fluctuating every day. You probably don’t want to hear this but, the car industry (both the new and used-vehicle markets), has seen prices skyrocket in 2022, and my prediction, it won’t recover for three years. The car insurance savings app Jerry, […]
NO JOKE! Switzerland Looks to Ban Electric Cars to Avoid Blackouts
By Lauren Fix, The Car Coach The Swiss government is planning to limit the use of electric vehicles due to a shortage of electricity supply this winter, this is under a new four-step plan to prevent power cuts and blackouts. The ban in Switzerland excludes cases of “absolutely necessary journeys” in their stage three of […]
The $7,500 Electric Vehicle Tax Credit Is Harder to Get Than You Think
By Lauren Fix, The Car Coach The government is offering free money for electric vehicle owners. But how ‘free’ is it? The federal government has been telling Americans that they can earn $7,500 on a new tax credit. The deal comes from the recently enacted The Inflation Reduction Act, where the legislation generated a tax […]
The Yoke’s On You: Drive-by-Wire Steering
Do you like the idea of there being no physical connection between your steering wheel and the driving wheels? There’s already no physical connection between the gas pedal and throttle in most new cars. When you depress the gas pedal, the degree of depression is registered by sensors, which send data to the computer that controls […]
Will Gas Stations Survive the Evolution Towards Electric Vehicles? NMA E-Newsletter #722
We still need gas stations as long as we drive internal combustion engines (ICE). That’s obviously a given. According to Kelley Blue Book, though, automakers sold 576,000 EVs in the last nine months–a whopping 70-percent increase during the previous year. If we continue buying electric vehicles (EVs) at this pace, we will need electric […]
Funding for Road Infrastructure–Never Seems to be Enough: NMA E-Newsletter #721
Out of the many transportation problems America currently faces, funding infrastructure remains at the top of the pile. Currently, we pay at the pump both a national and state gas tax and in many local counties and cities around the country, we also pay special sales taxes and wheel taxes for infrastructure. It never seems […]
California Looks to Cripple Supply Chains and Economy by Banning Diesel
By Lauren Fix, The Car Coach California Governor Gavin Newsom recently stated, “It’s a ‘Moral Obligation’ for California to ban diesel-powered trucks to rectify ‘Decades of Racist’ practices.” How does that make any sense? It doesn’t! The California Air Resources Board (CARB) is considering new regulations to ban the sale of all diesel semi-trucks by […]
Charge It Takes on a Whole New Meaning
When your customers cannot afford what you’re selling, you finance it. Literally, sell them the item, the interest, plus a bill of goods. This is Cadillac’s new business model for selling its soon-to-here array of electric vehicles, beginning next year with the 2023 (and $59,990 to start) Lyric. It’s a ride that not many can afford to buy, which […]
Millions of Electric Car Batteries Retiring by 2030, Could Be Ticking Time Bombs
By Lauren Fix, The Car Coach More than six million electric vehicle (EV) battery packs will end up as scrap between now and 2030, and the recycling and reuse industries are working hard to find a solution. Some researchers project that recycling alone will be an over a $12 billion industry by 2025. Every manufacturer […]
Is the Car Bubble about to Burst?
By Lauren Fix, The Car Coach Car buying is not what it used to be, as shoppers find bare lots and inflated prices. The auto market is still short on supply and high on demand. Beyond the chip shortage there are shortages in tires, wiring harnesses, and plastic components. Government regulations are not helpful either. […]