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New-vehicle prices reached a record in October 2026 with the average transaction price (ATP) topping $51,000. [Not coincidentally, the new-vehicle sales pace slowed to its lowest level since January and fell short of Cox Automotive’s forecast- AutoCrat].*
“The higher ATP – an estimate of the average product prices paid in October before all available incentives, taxes and fees are factored in – was driven in part by both price inflation and strong sales of expensive midsize and full-size SUVs and full-size pickup trucks. Incentive spending increased modestly in October but remains below long-term averages, suggesting automakers and dealers are not aggressively pursuing sales and inventory reduction, despite record prices,” Cox Automotive said.** Continue reading
Bosch – Modular Heating, Cooling for All Engine Types
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The problem as posited is the variety of powertrains that are offered by global automakers. The problem is they all must provide what used to be known as HVAC [Heating, Ventilation and Air Conditioning for some vehicle components and its occupants. The system is apparently not in broad use in the U.S. at the moment, but the possibilities of cost-lowering mass production and part number consolidation are compelling. – AutoCrat]
“Gasoline engines, diesel engines, a variety of hybrids and fully electric vehicles are all on the road, with no clear winner. Each needs a different approach to heating and cooling, from a simple setup with a traditional engine to complex heat pumps in electric vehicles. The challenge is building one system architecture that scales across all of them without starting from scratch,” according to a social media post by German auto component supplier Bosch.* Continue reading →