New-vehicle retail and fleet sales for the month of August are expected to decline from August 2020 and decline from August 2019, according to a joint forecast from J.D. Power and LMC Automotive. August 2021 has one fewer selling day than August 2020 and three fewer selling days than August 2019. Comparing the same retail sales volume without adjusting for the number of selling days translates to a decrease of 17.6% from 2020 and a decrease of 30.0% from 2019.
Overall new-vehicle sales for August 2021, including retail and non-retail transactions, are projected to reach 1,094,500 units, a 13.7% decrease from August 2020 and a 25.3% decrease from August 2019. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of 17.0% from 2020 and a decrease of 33.3% from 2019. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 13.1 million units, down 2.1 million units from 2020 and down 4.0 million units from 2019.
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VW Starts Car-Net Carrier of Choice with Verizon and T-Mobile
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Volkswagen of America will be offering through wireless providers Verizon and T-Mobile a so-called Carrier of Choice in late September. Volkswagen appears to be the first automaker working with both Verizon and T-Mobile to offer customers the choice from multiple wireless providers to enable Car-Net’s in-vehicle Wi-Fi hotspot.
In the fast-growing world of connected cars there remain large questions about anti-trust regulations and their application – if any has been attempted – to protect consumers from cartel or monopoly pricing. Car-Net, with in-car Wi-Fi capability when you subscribe to a data plan, is standard equipment on most 2020 model year and forward Volkswagen vehicles. The Carrier of Choice program will be available starting late September this year. Continue reading →