Here's Why US Automakers Don't Sell Sedans Anymore: Before you learn the reasons each specific company axed its sedans, why people actually buy cars needs to be explored. Necessity is the primary reason the vast majority of the public buys a car. You need one in the United States to get to work, to get … #car #cars #awesome
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Customer Experience Manager @ Motorlease | Driving Fleet Management Operational Excellence & Cost Optimization
I recently shared the news of General Motors decision to end production of their last entry level sedan, the Chevrolet Malibu. While trends have shifted over the past twenty years to SUVs and pickups, the Malibu had its place as a sedan that was particularly popular for commercial fleets. Fast Company takes an in-depth look at the decision GM made and whether they along with Ford and Stellantis are going to regret not having an American made entry level sedan available in the future. While the focus is on the retail consumer, it's a bigger impact on commercial fleets than many expect. There are a lot of U.S. companies who only want to have American made fleet vehicles. Those who utilize the Malibu now will have to decide if they want to move to a small SUV option or rethink their strategy if they really want a practical sedan in their fleet inventory. #GeneralMotors #AutoIndustry #FleetVehicles #FleetSolutions #Motorlease #FleetManagement #WhatEverItTakes
Detroit killed the sedan. We may all live to regret it
fastcompany.com
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I learned from a YouTube video today that a Porsche dealership's official labor rate is now $300 per hour (in FL). This is a big contributing factor to why a 3 year old BMW 7 series car (new = $100K) with perfect history and 20,000 miles costs the same used as many used Toyotas with similar history, except they were $50K new. Capital destruction on a large scale. Let's be clear: dealerships make far more profit off repairs than they do selling the car. They have a clear financial incentive to create unreliable cars. BMW of North America, LLC Are you good with your top-end luxury model being seen as offering the same value as a used Toyota Camry?
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🚗✨ Handler Trends: Average Prices of the Top 5 Selling Vehicles on Cover in 2024! ✨🚗 Understanding market trends is vital in today’s automotive industry, and at Händler Protect, we’re dedicated to keeping you informed every step of the way. We’ve gathered insights on the top-selling vehicles on cover with us this year to give our dealers and customers a clear picture of vehicle trends and their price points. Here’s the average price breakdown of our most popular vehicles in 2024: 1. Ford Fiesta: £5,447.70 2. Ford Focus: £5,779.83 3. Nissan Qashqai: £7,297.37 4. Vauxhall Corsa: £4,533.65 5. Volkswagen Golf: £9,385.59 These price points reflect a strong demand for reliability and value, whether it’s the economical Vauxhall Corsa or the trusted Ford Focus. Ready to protect your investment with a trusted warranty? Explore Händler Protect to see how we can help keep your vehicle — and your peace of mind— secure. 🔗 Visit our website and discover our warranty solutions today! https://lnkd.in/g6Cn6Whq #HandlerTrends #VehicleInsights #TopSellingCars #WarrantyCoverage #DataDriven #DealerSupport
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As mentioned in the article mid size and compact SUV, as well as trucks and large SUV are cash cows for the OEM’s. Also, the market saturation may be 80% for these vehicle platforms, but, it would be an interesting analysis to see what the results would be if there were more affordable small and midsize American sedans and coupes to choose from. If you look at the current auto loan interest rates and the larger vehicle incentives I believe that the 80% noted of new vehicle sales is derived from higher income families. I’m willing to bet the average family that makes up the majority of population cannot afford these SUV and trucks, unless they are leased and that payment is still a struggle for the average family. What is the used auto market look like and what is the ratio of sedans to the comparble SUV and trucks I wonder.
In Fast Company, I wrote about the demise of the Chevy Malibu and the reasons why Detroit is turning its back on the American sedan. Ford, GM, and Stellantis no longer offer a single such model to American car buyers. Automakers claim that consumers simply prefer bigger cars. It’s true that SUVs and pickups now comprise 80%+ of the US car market, but the invisible hand alone didn’t create that outcome. Federal policy incentivizes big cars in myriad ways, and consumers may buy larger models simply to avoid being at a disadvantage on the road (a classic prisoner’s dilemma). Although SUVs and trucks are more profitable than smaller vehicles, Detroit is putting itself in a vulnerable position by refusing to offer any small, affordable models at all. As Alex Roy noted, automakers are now vulnerable to a shift in policy or consumer preferences. And with the cost of car ownership skyrocketing, cash-strapped consumers may swap a second or third vehicle for an e-bike or golf cart. Detroit apparently thinks that the demise of the sedan is to its advantage. Me, I’m not so sure.
Detroit killed the sedan. We may all live to regret it
fastcompany.com
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Interesting read.
In Fast Company, I wrote about the demise of the Chevy Malibu and the reasons why Detroit is turning its back on the American sedan. Ford, GM, and Stellantis no longer offer a single such model to American car buyers. Automakers claim that consumers simply prefer bigger cars. It’s true that SUVs and pickups now comprise 80%+ of the US car market, but the invisible hand alone didn’t create that outcome. Federal policy incentivizes big cars in myriad ways, and consumers may buy larger models simply to avoid being at a disadvantage on the road (a classic prisoner’s dilemma). Although SUVs and trucks are more profitable than smaller vehicles, Detroit is putting itself in a vulnerable position by refusing to offer any small, affordable models at all. As Alex Roy noted, automakers are now vulnerable to a shift in policy or consumer preferences. And with the cost of car ownership skyrocketing, cash-strapped consumers may swap a second or third vehicle for an e-bike or golf cart. Detroit apparently thinks that the demise of the sedan is to its advantage. Me, I’m not so sure.
Detroit killed the sedan. We may all live to regret it
fastcompany.com
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Car manufacturers and dealers frequently look for ways to entice buyers into purchasing new and used vehicles. In many instances, car sellers offer promotional packages that include a powertrain warranty designed to alleviate buyers’ anxiety about repair costs. These packages can be attractive to buyers, but it is often difficult to understand what they cover. Here's what you should know: https://lnkd.in/evkq68zp #LemonLaw #Auto #Cars
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2022-2024 Ford Maverick recalled for taillights that could fail: Filed under: Government/Legal,Recalls,Ford,Auto Repair,Ownership,Truck,Hybrid Continue reading 2022-2024 Ford Maverick recalled for taillights that could fail 2022-2024 Ford Maverick recalled for taillights that could fail originally appeared on Autoblog on Wed, 1 May 2024 10:58:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments #car #cars #awesome
2022-2024 Ford Maverick recalled for taillights that could fail - Autoblog
autoblog.com
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In Fast Company, I wrote about the demise of the Chevy Malibu and the reasons why Detroit is turning its back on the American sedan. Ford, GM, and Stellantis no longer offer a single such model to American car buyers. Automakers claim that consumers simply prefer bigger cars. It’s true that SUVs and pickups now comprise 80%+ of the US car market, but the invisible hand alone didn’t create that outcome. Federal policy incentivizes big cars in myriad ways, and consumers may buy larger models simply to avoid being at a disadvantage on the road (a classic prisoner’s dilemma). Although SUVs and trucks are more profitable than smaller vehicles, Detroit is putting itself in a vulnerable position by refusing to offer any small, affordable models at all. As Alex Roy noted, automakers are now vulnerable to a shift in policy or consumer preferences. And with the cost of car ownership skyrocketing, cash-strapped consumers may swap a second or third vehicle for an e-bike or golf cart. Detroit apparently thinks that the demise of the sedan is to its advantage. Me, I’m not so sure.
Detroit killed the sedan. We may all live to regret it
fastcompany.com
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Once the family car staple, midsize sedans are now a shrinking segment, with only five models remaining in the U.S., all of which are imports. The rise of crossovers, changing consumer preferences, and shifting market dynamics have reshaped the automotive landscape. This shift affects not only automakers but also consumers who relied on the effeciency and affordability of midsize sedans. Why do you think midsize cars are losing popularity? What type of vehicle do you currently drive? Have you switched from a sedan? If so why and would you consider switching back? Share your thoughts! #AutomotiveIndustry #MidsizeSedans #MarketTrends #ConsumerPreferences #CarSales #VehicleTrends #AutomotiveNews #Automotive
The decline of the midsize sedan: Why there will soon be just 5 nameplates in U.S.
autonews.com
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These Are Consumer Reports' Lowest Ranked Cars: Consumer Reports is a trusted resource among car buyers, having provided thorough and comprehensive car reviews for decades. In contrast to many automotive publications, Consumer Reports tends to focus on the average driver rather than the enthusiast. The outlet considers many factors that other reviewers don’t… Read more... #car #cars #awesome
These Are Consumer Reports' Lowest Ranked Cars
jalopnik.com