...while auto manufacturing used to pay very attractive wages, that's no longer automatically true for new hires. In some areas, they can make more money at other kinds of plants.
-- Camila Domonoske, NPR
RV'ing in general has become increasingly popular over the past few years. And that's been especially the case recently, with the coronavirus keeping people away from shared lodgings. Now, even once-secluded spots are getting less secluded, especially if it's near a cell-phone tower. Not having running water or sewer access is one thing, but apparently no one wants to be away from the Internet.
-- Peter Valdes-Dapena, CNN Business
Insurers spent 15 percent on loss adjustment costs and administrative costs and another 15 percent on marketing costs and commissions to agents. The insurer was left with a 5 percent margin to invest, save, pay other bills, or return to consumers in the form of lower premiums.
-- John Huetter, RDN
Lane keeping seemed to be the system giving testers the most trouble, as it occasionally became befuddled by faded markings, automatically steering vehicles off road in some instances.
-- Matt Posky, The Truth About Cars
subcompact car sales fell 50% in the first half of 2020, compared with the same period a year earlier. That drop was worse than the overall industry's 23% sales decline
-- Nathan Bomey, USA Today
Designed to provide rapid ground mobility, the ISV is a light and agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad moving throughout the battlefield. But the ISV must also be light enough, weighing 5,000 pounds or less, to be sling loaded from a UH-60 Blackhawk helicopter and compact enough to fit inside a CH-47 Chinook helicopter for air transportability.
-- Alex Luft, GM Authority
1. Ford Ranger
2. Jeep Cherokee
3. Tesla Model S
4. Tesla Model 3
5. Honda Odyssey
6. Honda Ridgeline
7. Honda Passport
8. Chevrolet Corvette
9. Tesla Model X
10. Chevrolet Colorado
The list is a fun headline grab, but the details about USMCA at the bottom of the page are really interesting.
The Manheim used vehicle price index hit a record in mid-June, rising about 4% year over year, 7% compared with the May reading, and surging more than 16% compared with the April pandemic-induced low.
-- Al Root, Barron's
I purchased a 2016 vehicle with 20,000 miles from CarMax in October for $23,000. At the time, there were half-a-dozen versions of this particular vehicle available, all over the pacific northwest. This same search in June netted just a single example of this vehicle, and it was a 2015 model with 39,000 miles, also priced at $23,000.
Total auto sales in China declined the past two years amid a slowing economy, escalating trade tensions, and stricter emission regulations. EV sales are forecast to fall to 932,000 this year, down 14% from 2019
-- Christoph Rauwald and Bruce Einhorn, Bloomberg