China poses growing threat to US auto industry Zainal Abidin, 11/08/2024 A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images DETROIT — Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the US market. Sales of China-made vehicles are rising at notable rates in Asia, Europe and other countries outside those continents. China recently reported exports of more than 5 million vehicles in 2023, topping Japan to become the top country for car exports in the world. That volume from well-established, government-owned companies like SAIC and Dongfeng, as well as newer players like BYD, Nio and others, has catapulted China from the sixth ranking to the top seed since 2020. It comes amid declining US vehicle exports as companies such as u.s General Motors have cut international operations. US auto exports in 2022, the most recent data available, were down 25% from their peak in 2016, according to the US Bureau of Economic Analysis. America — fourth globally in vehicle exports prior to 2020 — ranked sixth in the world last year, falling behind No. 5 Mexico, No. … Continue Reading
Mercedes leans in on lower-priced models to drive sales Zainal Abidin, 10/08/2024 Mercedes leans in on lower-priced models to drive sales | Automotive News Skip to main content NEWS OPINION DATA CENTER VIDEOS EVENTS & AWARDS JOBS Resource Center +MORE Advertise Leading Women Network Podcasts Webinars In the Driver’s Seat Publishing Partners APCO HOLDINGS: Strategies for handling new F&I dynamics APCO Holdings: Connected cars create new challenges and opportunities in F&I APCO Holdings: The Wild Ride into the Future of F&I Allstate: Compliance standards are changing. Here’s what you need to know. Allstate: The ABCs of maximum F&I effectiveness Ally All Ears Podcast Episodes | The next evolution in virtual F&I Ally All Ears Podcast | How F&I is driving dealership profits Ally All Ears Podcast | building customer loyalty during challenging times Ally All Ears Podcast | reducing friction in the purchasing process Ally All Ears podcast: Tips for maintaining sales and F&I momentum in a higher-interest rate environment Ally and APCO: Adjusting to the changing F&I landscape Ally: All Ears Podcast : EVs & the service department of The future Ally: All Ears Podcast Protecting your dealership and inventory against weather-related events Ally: All Ears Podcast Protecting your dealerships against cyber-attacks Ally: All Ears Podcast | AI and its impact … Continue Reading
Manufacturers’ Perspectives: The Aftermarket in 2024 Zainal Abidin, 05/08/2024 A new year brings new growth opportunities, and according to several parts manufacturers, 2024 is showing positive signs. Vehicle miles driven is up, which means cars need more maintenance—that means replacement parts. The average price of new cars has increased, meaning drivers will be holding onto their vehicles longer. With the average vehicle age at 12 years, opportunities for replacement part sales and tweaking the coverage, ordering and distribution of them abound for manufacturers and all stakeholders in the automotive aftermarket. With these tailwinds, we asked parts manufacturers in the automotive aftermarket to give us an update on certain aspects of their businesses and what they’re expecting for 2024 and beyond. Gary Nix, President, AP Emissions Technologies AMN: What are your thoughts on the aftermarket business environment for 2024? Nix: Overall, the aftermarket business environment will likely continue to be challenging but also full of opportunities. We are extremely optimistic at AP Emissions about our industry in 2024 and feel like we are well-positioned for growth. Rising vehicle age and VIO counts are all factors that are favorable to our business. With the average age of vehicles now over 12 years old, we are seeing multiple exhaust and converter … Continue Reading
German car parts supplier Continental to cut thousands of jobs Zainal Abidin, 31/07/2024 Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. Continental has announced thousands of job cuts as an “initial” step towards improving competitiveness, as one of the world’s largest suppliers to the car industry battles to remain competitive in the electric vehicle era. The German group on Monday said measures designed to save €400mn annually would affect a “mid four-digit range . . . across all parts and all levels” of the 100,000 people employed by its automotive division, which makes up roughly half of the company’s total workforce. Philipp von Hirschheydt, the company’s new head of automotive, referred to the cuts of “administrative” roles in sales, research and development as well as production as “initial measures”, opening the door for potential further cuts. Continental in 2019 warned that 30,000 of roles would disappear within the next 10 years, as the company needed to invest in the expensive transition to electric vehicles — nearly 10,000 people have since left the company. An additional 10,000 jobs are still under review as part of that particular cost-cutting program. The company has, alongside other suppliers, been hit by the chip shortage that … Continue Reading
US News Announces the 2024 Best Cars for Families Zainal Abidin, 15/07/2024 Chrysler Pacifica celebrates its first-time win as the Best Minivan for Families. WASHINGTON, March 15, 2024 /PRNewswire/ — US News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Cars for Families awards. US News evaluated 90 vehicles and named winners across nine categories. “The 2024 Best Cars for Families winners offer a number of safety features and a comfortable ride for all passengers, making them ideal for daily commutes or family adventures,” says LizOptitnikexecutive editor, US News. Toyota won the most awards this year with three, followed by Hyundai with two. The 2024 Chrysler Pacifica emerged as this year’s Best Minivan for Families, claiming its first title in over a decade. With a spacious interior, many safety features and unique attributes like Stow ‘n Go seating, the 2024 Chrysler Pacifica offers comfort and convenience in the competitive minivan class. Among Toyota’s wins, the 2024 Toyota Highlander Hybrid was awarded the Best Hybrid SUV for Families for the 11th time. The 2024 Toyota Camry Hybrid won the Best Hybrid Car for Families award for the second year in a row, and the 2024 Toyota Camry secured the Best Midsize Car … Continue Reading
Why auto insurance costs are rising at the fastest rate in 47 years Zainal Abidin, 10/07/2024 As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the previous year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the previous year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting many American drivers is being driven by a rise in accidents, the severity of accidents, and geographical factors combining to create a perfect storm and push costs higher. Read more: Tips for getting cheap car insurance ‘Severity’ and bodily injury claims on the rise The most alarming factor driving insurance costs higher is more severe claims. “In general, the numbers of crashes, injuries, and fatalities are up, and inflation has made the cost of repairs more expensive,” AAA spokesperson Robert Sinclair told Yahoo Finance. Sinclair said motorists developed “bad habits” on the road during pandemic lockdowns, contributing to current behavior. For example, as the New York Times reported earlier this year, researchers in Nevada … Continue Reading
Health & Medical News & Analysis Discoveries Zainal Abidin, 05/07/202420/09/2024 Olivia Munn’s breast cancer prognosis is drawing attention to a regularly used breast most cancers danger calculator. Dangerous Bacterial Infections on the Rise, CDC Says The CDC is warning health care suppliers within the United States to be on the look forward to a uncommon bacterial sickness that may lead to meningitis and probably dying. How genetics combined with pink meat consumption might increase colorectal cancer riskRed meat is a identified carcinogen. Now researchers say it raises colorectal cancer danger even larger for folks with a genetic predisposition. Getting too little sleep linked to high blood pressureResearchers say people who get less than 7 hours of sleep a night have a greater danger of hypertension. Chemotherapy after surgical procedure is usually done to prevent most cancers cells from growing or returning. This work is supported by further income from advertising and subscriptions. To find a good dealer, she advises, “undergo either Healthcare.gov or your native state division of insurance coverage to seek out anyone that is licensed and in good standing.” Not Getting Enough Sleep May Raise Hypertension Risk, Especially for FemalesNew analysis suggests that sleeping lower than seven hours an evening might increase the risk of hypertension, particularly for … Continue Reading
Latest Sports Activities News Outcomes, Live Scores, Schedule Zainal Abidin, 04/07/202420/09/2024 Europe’s high leagues have been going head-to-head in a bid to earn an additional spot in subsequent season’s competition, with two international locations to do so ahead of the introduction of the model new Champions League format. The closely embellished Germany international arrived at Old Trafford in 2015 after a celebrated tenure at his boyhood side Bayern Munich, but would solely spend two ill-fated years at the club. The copyright for info published on this web site is owned solely by Armenian News-NEWS.am information-analytical agency. All data materials published on this website are supposed solely for private use. For full or partial reproduction of any materials in different media it’s required to acquire written permission from Armenian News-NEWS.am information-analytical agency. in allaboutsport.my.id you can read the newest article about Sport news… Continue Reading
Uk Real Estate News Zainal Abidin, 03/07/202420/09/2024 Street Talk can reveal the retirement neighborhood owner has mandated Jefferies Australia to run a sale process, swapping advisers from Jarden and E&P who led the cost last time. The owners and designer Luigi Rosselli goal to create a house on the landmark Sydney web site that higher displays its location and the setting. The buyer of this neighbourhood area doesn’t have an electric automobile. Demand for the heaviest sort of crane has pushed up costs at twice the rate of odd business cranes. in realestateprogram.my.id you can read the newest article about Real Estate news CBRE India has been ranked on the prime for the eighth consecutive year for business real estate funding exercise. The Indian market witnessed a cumulative funding of $ 67 bn over last 8 years. Office has been a consistent performer, with a cumulative share of 40%, followed by land at 27%. According to a report by Savills India, a world property consulting firm. The average capital values of accomplished and under-construction properties peak over the last 5 years with 36% and 25% YOY development registered at city stage respectively in Gurgaon. Worldwide Extremely Luxury Home Gross Sales Dip In Q3 Soaring rents and record-high … Continue Reading
The 10 Greatest Online Shopping Websites In 2023 Zainal Abidin, 02/07/202420/09/2024 Sears is an online retailer that offers a complete choice of merchandise spanning classes such as homeware, electronics, and health. They will launch the first marketing campaign underneath this partnership on each TikTok and Tokopedia on Tuesday, coinciding with Indonesia’s nationwide online purchasing day. Synonymous with oversized fits and tailor-made garments, The Frankie Shop is a great online website to verify out if you’re looking for clothes that you could play just as exhausting as you’re employed in. It curates a fantastic number of closet staples that vary from knit sweaters to perfectly fitted trousers. While its site mainly consists of the brand’s personal merchandise, you can find distinctive pieces like a cool structured polo sweater from JW Anderson. The Frankie Shop offers timeless investment items which were seen on celebrities and influencers, like Lily Collins and Katie Holmes. in onlineshoptrend.my.id you can read the newest article about Jewelery “Consumers across Southeast Asia are doing their purchasing at extra online platforms than before. This development further aligns with our findings that more shoppers in the area are experimenting with new or totally different buying experiences,” the study famous. In fact, Facebook has already launched a platform via which customers can … Continue Reading