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There’s nothing like hands on the wheel experience in AutoInformed’s view. A new post from Insurance Institute for Highway Safety caught our attention. What follows is courtesy of an copyrighted by IIHS – all rights reserved.
“The first time I got behind the wheel of a loaner SUV kitted out with an aftermarket anti-speeding device this spring, I was nervous. As a safety researcher at IIHS, I’ve studied the benefits of intelligent speed assistance (ISA), which can detect the speed limit and restrict the power output of your engine to keep you from exceeding it, said I’ve more or less argued it should be required in all new vehicles to help stem a speeding epidemic that kills thousands of Americans every year. But I’d never driven with it before and secretly worried I might hate it. Was I about to put myself in an awkward position?” said Ian Reagan, a Senior Research Scientist, IIHS. Continue reading
July 2024 Global Light Vehicle Sales at 91 Million Year’s Best
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The Global Light Vehicle (LV) selling rate neared 91 million units/year in July, the best result of the year so far, according to numbers just released by the respected GlobalData consultancy.* In a year-on-year (YoY) comparisons market volumes were marginally down on July 2023. Year-to-date (YTD), the market remains in positive territory, up just under 2%.**
“Sales in China maintained a solid pace as NEVs sales continue to gain traction. In the US, YoY sales declined as high vehicle pricing and concerns over the economy weighed on vehicle consumers. The same can be said for Western Europe, which saw its selling rate struggle in July. Meanwhile, the Japanese market surged as supply has begun to catch up from the losses created by the previous vehicle certification issues,” the Global Data Light Vehicle Forecasting Team said. Continue reading →