Auto News

Pandemic-Era Prices Affect Trade-Ins

By Tricor Admin | July 12, 2024

The average debt on trade-ins reached a record $6,255.Pixabay/andreas The vehicle price inflation that built during the pandemic is causing new headaches for many new-vehicle buyers who are trading in the models they bought during the extended seller’s market.Edmunds second-quarter analysis indicates almost a quarter of those who financed a new-car purchase including a trade-in…

Honda Vehicle Gets Top Safety Rating

By Tricor Admin | July 12, 2024

Updates to the vehicle’s second-row passenger protection for the 2025 model helped it earn the top rating. A newly launched Honda SUV model already got a top safety nod. The 2025 Pilot, a midsize SUV, won the Insurance Institute for Highway Safety’s Top Safety Pick+ award after the nonprofit group put it through rounds of…

EV Picture Coming into Focus?

By Tricor Admin | July 11, 2024

Two studies put U.S. EV adoption at 8% of new-vehicle sales, though that’s down from peak levels. Pexels/Kindel Media Multiple electric-vehicle reports released this week give a mixed picture of adoption patterns. One thing is clear: Buyers now have options if they choose to switch to electric, so it will be telling how adoption unfolds…

Partial Automation Doesn’t Add to Safety

By Tricor Admin | July 11, 2024

The systems use cameras and sensors to propel a vehicle on the road and avoid other vehicles, but IIHS said they can’t handle many of the everyday traffic scenarios that people can. Pexels/Erik McIean New research has found that partially automated vehicle systems do little if anything to prevent crashes. The Insurance Institute for Highway…

Used-Vehicle Owners Warned of Faulty Air Bags

By Tricor Admin | July 10, 2024

Vehicles involved in the recent crashes had been in previous wrecks and had their air bags replaced with defective equipment, NHTSA said. Pexels/Dietmar Janssen Owners of used vehicles are being warned to have their air bags inspected to ensure they’re genuine after three recent deaths of travelers killed by faulty bags. The National Highway Traffic…

Recalls to Fix Issues That Can Affect Air Bag Performance

By Tricor Admin | July 10, 2024

Certain 2023 Jeep Renegades are among the recalled models. Stellantis Stellantis recalled more than 300,000 vehicles due to a seat belt issue that could prevent air bags from deploying in a crash. The 2017 to 2024 Alfa Romeo Giulia, 2018 to 2025 Alfa Romeo Stelvio, 2019 to 2023 Fiat 500X and Jeep Renegade, and 2024…

Cox Auto Names SVP

By Tricor Admin | July 9, 2024

Cox Automotive Cox Automotive promoted Joe Kichler to senior vice president of digital inventory and supply chain solutions. In the new and expanded leadership position, he will assume responsibility for all Manheim digital tools—including the Manheim Digital Marketplace—while continuing to guide Cox Automotive’s logistics businesses, Central Dispatch and Ready Logistics. Kichler takes on the role…

Check This

By Tricor Admin | July 9, 2024

A compliance checklist allows a dealership to identify and address issues in a deal file and to note training opportunities. Pexels/Suzy Hazelwood On April 8, I had the privilege of being in the solar eclipse path of totality. Being able to watch this rare glimpse with my children was something special. Scientific enthusiasts traveled from…

From Zero to Hero With 3 Simple Things

By Tricor Admin | July 9, 2024

It is essential to continue to track your performance monthly. Pexels/Pixabay Sometimes we can prepare and train daily, watch online videos and do training assignments. Even have a one-on-one session with a coach who teaches us all the right things to do. And then we do everything right and still get rejected. We took the…

Black Book: Weekly Market Update

By Tricor Admin | July 9, 2024