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October 4, 2017 - Industry News

Ford to Focus on Trucks, EVs, Connectivity

Photo of CEO Jim Hackett courtesy of Ford.

Ford CEO Jim Hackett said on Tuesday the automaker plans to reduce engineering costs by 50% through 2022. Ford will also shift investment into trucks and electrified vehicles, and reduce costs and investment in sedans and internal combustion engines.

Tags: Connected Vehicle, Electric Vehicles, Ford, Jim Hackett, Trucks

January 4, 2017 - Industry News

Black Book: Used-Car Prices Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns, Black Book reported this week.

Tags: Black Book, Cars, depreciation, Trucks, used vehicles

October 25, 2016 - Industry News

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

Tags: Black Book, depreciation, Retention, Trucks, used vehicles

October 19, 2016 - Industry News

Edmunds: Tacoma Truck Owners Are Most Loyal

According to Edmunds estimates, nearly 75% of Tacoma trade-ins this year have gone toward the purchase of another Tacoma. The popularity of Tacoma pickups, the study added, pushed Toyota’s overall truck loyalty rate to about 70%.

Tags: Study, Tacoma, Toyota, Trucks

October 13, 2016 - Industry News

Black Book: Truck Retention Rates Fall Again

Wholesale values continued to fall last week, although cars fared better than trucks, according to Black Book. The firm reported that the wholesale value for the overall car segment decreased by 0.57% from the week prior, while the truck segment declined 0.58%.

Tags: Black Book, depreciation, Market Insights, Trucks

August 4, 2016 - Industry News

Truck and Few Car Segments See Growth in 2016, Jumpstart Automotive Reports

Cheap oil prices in recent years have caused consumers to rediscover their love of SUVs, CUVs and trucks. Jumpstart Automotive said today that trend continued in the first half of 2016, with some notable exceptions.

Tags: Cars, Jumpstart Automotive, Trends, Trucks

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