New data reveals notable shifts in the US auto insurance landscape, marked by a surge in driving violations, evolving consumer shopping habits, and a gradual return to profitability for insurers. The 2025 LexisNexis US Auto Insurance Trends Report, released Thursday, highlights a complex market where both challenges and opportunities are...
Don’t Buy a Cheap Radar Detector: Best Radar Detectors, Tested Car and Driver Source link
Kyle Krumlauf, director and industry analyst for CCC Intelligent Solutions, and Dan Risley, CCC vice president of quality repair and market development, addressed a webinar audience recently on the ways in which the evolving U.S. car parc is affecting auto claims and repairs. Their presentation revolved around several key trends...
NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The Used car market in US size is estimated to grow by USD 40.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.3% during the forecast...
Auto loans | Image: Republic With car prices rising and consumer demand holding steady, auto loans remain the most common way Indians finance their vehicles. But in 2025, borrowing for a car isn’t as straightforward as it once was. Here’s a breakdown of how auto loans are changing — and...
Keep Tabs on Your Tires: Our Favorite Tire Pressure Gauges for 2025 Car and Driver Source link
The rapid growth in electric car sales over the past 5 years has had a significant impact on the global car fleet: At the end of 2024, the electric car fleet had reached almost 58 million, about 4% of the total passenger car fleet and more than triple the total electric...
In 2024, U.S. car sales showed encouraging growth, while the European market remained mostly stagnant, according to JATO Dynamics. American buyers have historically favored petrol vehicles, but battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) led market expansion in 2024. BEV and PHEV sales jumped by 12% and...
Recent Auto Loan Trends Bring Opportunities and Challenges for Buyers autoblog.com Source link
DIY Will Never Die: Get Your Ride Off the Ground with the Best Car Jacks for 2025, Tested Car and Driver Source link
Car ownership rates are ticking upwards in the United States. According to the U.S. Census Bureau, 91.7% of U.S. households had at least one vehicle available in 2023, compared to 90.9% in 2015. The United States consistently ranks near the top in terms of car ownership, and in several states,...
USA Electric Vehicle Sales Up 478% in 2024 vs. 2019, Fossil Fuel Vehicles Down 12% CleanTechnica Source link
The biennial Auto Shanghai 2025 has attracted nearly 1,000 domestic and international exhibitors, setting a new record for scale. However, amid the bustling exhibition halls dominated by new energy vehicles, several notable automotive brands were conspicuously absent, signalling potential shifts in the global automotive landscape. Korean brands’ unprecedented absence For...
Capture Every Moment: The Best Dash Cams of 2025, Reviewed Car and Driver Source link
These Are the Average Auto Loan Rates in April 2025 U.S. News & World Report Source link
Discussing demand in the US auto industry requires a baseline understanding of what’s historically been considered normal. You need only go back 25 years to paint a helpful picture. The year 2000 was the peak of the mountain, when 17.4 million light-vehicle units were sold. A light vehicle is simply...
The Zacks Automotive Replacement Parts industry is benefiting from an aging vehicle fleet as consumers prioritize repairs to keep older cars on the road. The growing complexity of modern, technology-driven vehicles is also driving demand for advanced replacement parts. Additionally, President Trump’s tariffs are expected to elevate the prices of...
US Bancorp DE grew its stake in Advance Auto Parts, Inc. (NYSE:AAP – Free Report) by 1,813.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,340 shares of the company’s stock after purchasing an additional 24,016 shares...
President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry. If the president goes ahead with 25 per cent taxes on imports from Canada and Mexico on Tuesday, he will disrupt more than USD 300 billion in annual US automotive trade with...
The automotive industry is more and more relying on electronics systems for power management, navigation, and infotainment, among others. While silicon shortage and rising CPU prices are hindering production, auto manufacturers are innovating across components to make vehicle control more accurate. This industry research focuses on the top 10 automotive...
Sustainability, regulations, and supply chain challenges in automotive manufacturing OEMs are juggling more regulations with fluctuating demands and ongoing chip shortages Global manufacturing in 2025 is seeing continued turbulence as it tries to strike a balance between adopting disruptive technologies, managing material shortages, and staying compliant with evolving sustainability needs...
NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The automotive parts aftermarket market in us size is estimated to grow by USD 41 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 8.7% during the forecast...
The U.S. auto industry sold nearly three million cars in 2024. That year, total car and light truck sales were approximately 15.9 million in the United States. U.S. vehicle sales peaked in 2016 at roughly 17.5 million units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S. automotive market, accelerating...
Maryland, New York lead the 10 most expensive states for car insurance Full-Coverage Car Insurance Rates by State Source: Insurify Average Annual Cost of Full-Coverage Insurance (2024) ▲▼ Percentage Increase in 2024 ▲▼ Projected Annual Cost of Full-Coverage Insurance by the End of 2025 ▲▼ Projected Percentage Increase by the...
Gestalt Imagery/Shutterstock Like it or not, automobiles have been a part of our daily lives for over a century now. We’ve witnessed some distinctive eras throughout those years, with iconic periods like the 1950s finned cars, 1960s muscle, 1970s Malaise Era, and...
Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) — The “Automotive Aftermarket – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering. The global market for Automotive Aftermarket was valued at US$499.4 Billion in 2024 and is projected to reach US$641.8 Billion by 2030, growing at a CAGR of 4.3% from...
BofA: US tariffs likely to impact auto loss trends and could blunt price-cutting Re-Insurance.com Source link
Old Republic’s “diligent” monitoring of commercial auto trend keeps book profitable Re-Insurance.com Source link
Data represents the U.S. market and reflects estimates based on a sampling of data within Amazon’s Arts, Crafts & Sewing; Painting, Drawing & Art Supplies; Craft Supplies & Materials; and Sewing, Knitting & Crochet Products categories. Year-over-year trends reflect the period of November 26, 2023 – November 24, 2024, compared...
US automotive trends and insights: 2024 YouGov Source link
