(17 June 2021) With the US vaccination progress continuing and many anti-COVID restrictions easing, American's driving activity is recovering, and the increased mobility combined with stimulus checks, pent-up demand, and high credit availability have quickly translated into an increase in car sales. Many Americans wanting to buy a car are stumbled on car shortages at auto dealerships, though. This growing demand and lack of supply have already translated into sharp price growth in the used car and car rental markets. According to the US Bureau of Labor Statistics' Consumer Price Index (CPI) report, the price growth for used cars accounted for about one-third of the overall increase in CPI in May.
The Automotive Data Brief reviews the most recent data to present an overall picture of the automotive sector. You can find information relating to vehicle production and sales as well as statistics about fuel prices, vehicle stocks, and the electric-vehicle market.
(12 December 2021) In November, U.S. consumer price inflation, a measure of the cost of a wide-ranging basket of consumer goods and services, hit its highest year-over-year growth in four decades. Inflation continues to put pressure on households and businesses. The consumer price index was up 6.8% year-over-year in November, largely driven by food, energy and housing prices. Core inflation, which excludes volatile categories such as food and energy, climbed 4.9%, the highest jump since 1991. Food prices were up 6.1% in November, while housing rose 4.8% as disruption in the supply...
Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50 percent of the US market share. GM’s share of the US market has decreased almost 3 times...
The United States is often criticized for its perceived nonchalance toward air pollution despite persistent statements to the contrary by the current presidential administration. The US remains the number one contributor globally to harmful chemicals in the air, with the fossil-fuel consuming transportation industry being a primary emission source. With more than 250 million vehicles on US roads, the US surpasses even China based on total vehicles in use despite China's much larger population...at least for now. China has already surpassed the US in annual new car sales. Examining...
Even as the design of cars become increasingly safety focused and even automated, speed, texting, and driving while under the influence contribute to a rising number of deaths from motor vehicle crashes, particularly in the United States. Asian car manufacturers nearly swept the 2016 motor vehicle safety rankings by the US Insurance Institute for Highway Safety (IIHS), securing nine of the top 10 spots. Only Daimler's (Germany) Mercedes-Benz GLE-Class joined Toyota, Hyundai, Subaru, and Honda in the top 10. The IIHS testing of new cars in the North American market covered three...
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