Automotive Industry Archives - Appraisal Engine Inc https://appraisalengine.com/tag/automotive-industry/ Vehicle Appraisal Experts - Total Loss and Diminished Value Mon, 30 Dec 2024 12:41:23 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://appraisalengine.com/wp-content/uploads/cropped-AE-Icon-PNG-32x32.png Automotive Industry Archives - Appraisal Engine Inc https://appraisalengine.com/tag/automotive-industry/ 32 32 Navigating the Risks and Rewards of the Sharing Economy https://appraisalengine.com/appraiser-blog/navigating-the-risks-and-rewards-of-the-sharing-economy/?utm_source=rss&utm_medium=rss&utm_campaign=navigating-the-risks-and-rewards-of-the-sharing-economy Thu, 26 Dec 2024 12:08:41 +0000 https://appraisalengine.com/?p=25623 The sharing economy has transformed how we access goods and services, disrupting traditional industries and creating opportunities for innovation, savings, and environmental impact. From booking a ride on Uber to renting a cozy apartment on Airbnb, peer-to-peer platforms have redefined convenience and resource-sharing. But with great innovation comes great complexity. The sharing economy brings its […]

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]]> EV Battery Prices Drop: Could This Be the End of Gas Cars? https://appraisalengine.com/appraiser-blog/ev-battery-prices-2024-drop/?utm_source=rss&utm_medium=rss&utm_campaign=ev-battery-prices-2024-drop Wed, 18 Dec 2024 22:30:00 +0000 https://appraisalengine.com/?p=25610 Electric vehicle (EV) battery prices have taken a massive dive in 2024, falling 20% to a historic low of $115 per kilowatt-hour (kWh). For years, battery costs have been the single biggest hurdle to making EVs affordable for the masses. But now, with prices dropping at their fastest rate since 2017, industry experts believe we’re […]

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]]> UAW Pushes Biden to Rethink Vehicle Emissions Plan https://appraisalengine.com/appraiser-blog/uaw-pushes-biden-to-rethink-vehicle-emissions-plan/?utm_source=rss&utm_medium=rss&utm_campaign=uaw-pushes-biden-to-rethink-vehicle-emissions-plan Tue, 11 Jul 2023 17:00:29 +0000 https://appraisalengine.com/?p=21868 UAW Pushes Biden to Rethink Vehicle Emissions Plan (PDF) The United Auto Workers (UAW) union has called upon the Biden administration to reconsider its proposed vehicle emissions reductions. Currently, the plan mandates that by 2032, 67% of all new vehicles must be electric. Expressing concerns about feasibility and potential market disruptions, the UAW, representing workers […]

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]]> U.S. Mandates Automatic Braking Systems for New Vehicles https://appraisalengine.com/appraiser-blog/u-s-mandates-automatic-braking-systems-for-new-vehicles/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-mandates-automatic-braking-systems-for-new-vehicles Thu, 01 Jun 2023 17:00:57 +0000 https://appraisalengine.com/?p=21736 U.S. Mandates Automatic Braking Systems for New Vehicles (PDF) In an effort to combat the alarming increase in traffic fatalities in recent years, the U.S. National Highway Traffic Safety Administration (NHTSA) has proposed a groundbreaking rule that would make automatic braking systems mandatory in all new cars and trucks. This move aims to prevent collisions […]

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]]> How Are Auto Dealerships Adapting to Online Sales & EVs https://appraisalengine.com/appraiser-blog/how-are-auto-dealerships-adapting-to-online-sales-evs/?utm_source=rss&utm_medium=rss&utm_campaign=how-are-auto-dealerships-adapting-to-online-sales-evs Thu, 18 May 2023 17:00:50 +0000 https://appraisalengine.com/?p=21697 How Are Auto Dealerships Adapting to Online Sales & EVs (PDF) In recent years, the public perception of automotive dealerships has taken a hit. The question arises: what lies ahead for this business model? One crucial aspect that significantly influences how customers perceive a brand is the dealership experience. Unfortunately, many dealerships fail to reflect […]

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]]> The Microchip Shortage’s Ongoing Impact on the Auto Industry https://appraisalengine.com/appraiser-blog/the-microchip-shortages-ongoing-impact-on-the-auto-industry/?utm_source=rss&utm_medium=rss&utm_campaign=the-microchip-shortages-ongoing-impact-on-the-auto-industry Thu, 20 Apr 2023 17:00:27 +0000 https://appraisalengine.com/?p=21621 The Microchip Shortage’s Ongoing Impact on the Auto Industry (PDF) The global shortage of microchips continues to have far-reaching effects on the automotive industry. According to the latest report by AutoForecast Solutions, nearly one million vehicles have been removed from automakers’ production plans due to the shortage so far this year. This marks a significant […]

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]]> Is an Electric Vehicle the Right Choice for You? https://appraisalengine.com/appraiser-blog/is-an-electric-vehicle-the-right-choice-for-you/?utm_source=rss&utm_medium=rss&utm_campaign=is-an-electric-vehicle-the-right-choice-for-you Thu, 13 Apr 2023 17:00:50 +0000 https://appraisalengine.com/?p=21580 Is an Electric Vehicle the Right Choice for You? (PDF) There have been many reasons why electric vehicles (EVs) have become increasingly popular in recent years, including their efficiency, reduced emissions, and low maintenance costs. However, one major consideration when purchasing a car is the cost. We’ll explore the ways in which electric cars can […]

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