Remove Auto Remove Auto Industry Remove For Sale Remove SUV
article thumbnail

IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% Because of the growth in popularity of light trucks—including CUVs/SUVs—vehicle age in the US. million (2.2%) since 2018. growth in 2016.

Light 268
article thumbnail

IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

Green Car Congress

years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. Registrations for light VIO, including cars and light trucks (SUVs/CUVs as well) in the US also reached a record level of more than 264 million—an increase of more than 6.2 million (2.4%) since last year.

Light 150
article thumbnail

Rivian IPO: What you need to know

Teslarati

It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., And as the company approached the production of the R1T pickup truck and R1S SUV, its losses grew. “Above $70,000, the global addressable market for Rivian’s SUV and pickup is less than 1.5 ” Conclusion.

article thumbnail

At Home with Bob Lutz

Revenge of the Electric Car

Since we only had two days in Detroit, we weren’t able to do much more sightseeing, but we did meet Bishop Ellis, who heads Greater Grace Temple and famously held a “bailout” service for the auto industry in his mega-church with SUVs at the altar.

Detroit 164
article thumbnail

A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. Now, of course, Bright Automotive is ready to unveil the IDEA, with the expectation it will have 50,000 ready for sale in 2013. Later, he went on to work at auto supplier Delphi Corp.

IDEA 57
article thumbnail

News: 2023 Fisker Ocean Introduced

Clean Fleet Report

The production-ready 2023 Fisker Ocean debuted at the 2021 Los Angeles Auto Show to an interested group of industry insiders and journalists. Henrik Fisker revealed his plans to shake-up the electric SUV category with the all-new, all-electric Ocean. Swimming with the Big Boys. Things are getting interesting, folks.

Fisker 75
article thumbnail

China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Brilliance Jinbei Automobile Co.

China 28