"New vehicle buyers are keeping them much longer than the typical ownership cycle of just 10 years ago. Last year, buyers had retained new vehicles an average of over eight years. This is up 65% from 2010, when the average…
Per Protocol: Technically, the California Consumer Privacy Act (CCPA) has been law since January. Companies were given six months to figure out how to comply, while the state figured out the final rules and how to enforce them. Enforcement never…
IRVINE, Calif., June 2, 2020 /PRNewswire/ -- The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,940 in May 2020. New-vehicle prices increased $1,618 (up 4.3%) from May 2019, while prices dropped $244 (down 0.6%) from last month. "Though new-car…
SANTA MONICA, Calif., June 2, 2020 /PRNewswire/ -- Interest rates for new vehicles in May dropped to the lowest level seen by the industry in nearly seven years, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new…
From the Car Care Council Auto technicians say the key to keeping vehicles running well-today and down the road-is routine maintenance. Yet many drivers tend to stall when it comes to keeping up with some everyday auto-basics. A recent survey…
From AAA The national gas price average is $1.97, just one penny more expensive than last week. Part of the incremental jump can be attributed to increases in gasoline demand, which saw a 7% week-over-week increase. However, demand is still…
WASHINGTON, D.C. - The U.S. Department of Labor Occupational Safety and Health Administration (OSHA) has been dedicated to keeping American workers safe during the COVID-19 pandemic. Per the Department of Labor, “Today, Principal Deputy Assistant Secretary for Occupational Safety and…
SANFORD, N.C. — June 1 — CIECA announced today that Paul Barry was named executive director of the organization, effective June 1, 2020. In his new role, Barry will work with CIECA’s board of…
From the Small Business Administration Today, the U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively…
BOULDER, Colo.--(BUSINESS WIRE)--A new report from Guidehouse Insights examines light duty (LD) EV sales and populations, providing forecasts for three scenarios—conservative, base, and aggressive—through 2030. Recent growth in the LD EV market coupled with strong hybrid EV (HEV) sales growth led…
