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Toyota Prius all-wheel-drive
In an automotive industry that offers American buyers hundreds of different options, few models have the immediate name recognition of the compact Toyota (7203.T-JP) Prius. When it debuted in Japan in 1997, it became the world’s first mass-market hybrid electric vehicle and demand exploded when it reached the U.S. three years later. The Prius delivered around 50 miles a gallon and had far more interior space than the typical fuel-saving minicar — all at an affordable price. That made it the best-selling car of any form in California, and the best-selling hybrid vehicle worldwide earlier this decade. But, as an updated 2019 version of the Prius gets ready to roll into U.S. showrooms, Toyota is facing a difficult situation. Sales of the Prius have been tumbling for several years and were down 23.2 percent for the first 11 months of 2018. The new version delivers updates Toyota hopes will revive the hybrid’s […]
Top Auto Tech Trends in Next Year
The Best New Automotive Technology & Auto Tech Trends to Watch in Next Year Automotive technology is advancing at an ever-faster pace. Every new model year seemingly brings a new slew of high-tech features. Not every vehicle is available with all or even some of these features, but it’s important to know what’s out there and what you should expect to get for your money when it comes time to buying a new vehicle in 2019. Here we’ll take a look at some of the new tech you’ll likely come across in any search for a new vehicle in the coming model year. Vehicle Control Via an App What Is It? In our ever-evolving connected world, automakers have begun to offer apps that allow us to interact with our vehicles from afar. This could be from across the parking lot or on the other side of the world. These apps […]
Pessimism in Automotive Business
Pessimism in Automotive Business in the firm’s Dealer Sentiment Index can be tied to threats of higher tariffs, slower traffic, and declining profitability.
The index reading came in at 49, indicating dealers expecting conditions to be weak in the future outnumber those who think conditions will be strong. “The fourth quarter represented a notable negative turn in overall dealer sentiment and their outlook for the future,” said Cox Automotive Chief Economist Jonathan Smoke.
Electric Vehicles to Double by 2021
Electric Vehicles to Double Every Year U.S. electric-vehicle sales forecasted by the Edison Electric Institute would require the presence of more than 9 million charging ports by 2030. WASHINGTON — An association representing America’s privately held electric companies has released a report predicting the number of EVs on U.S. roads will double by 2021. In “Electric Vehicle Sales Forecast and the Charging Infrastructure Required Through 2030,” authors Adam Cooper and Kellen Schefter of the Edison Electric Institute predict the sales of 1 million EVs in the next three years, matching the number sold over the past eight. “Automakers are responding to customer demand and are developing more EV models, including both plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), that are increasingly cost-competitive with internal combustion engines,” the authors wrote, in part. “In addition, customers are purchasing EVs in record numbers, and electric companies are working with […]
