After gathering real-time transaction data from 8,900 automotive franchisees across the U.S., J.D. Power and Associates predicts new-vehicle retail sales will have declined for January 2010 compared to one year ago. January's new-vehicle sales are expected to come in at 500,900 units, which represents a seasonally adjusted annualized rate (SAAR) of 7.9 million units. In January of 2009, the SAAR was 8.8 million units. December 2009 was a particularly strong sales month – thanks to heavy ma
Making predictions is a dangerous business, especially if you are looking out past the immediate time horizon. Looking back at the Popular Science and Popular Mechanics magazines of the '50s and '60s you might think we'd all have airborne autos by now but no such luck. Even predictions about the next 5-10 years are exceedingly difficult to get right, especially when politics and technology mix. The key to successful prophecies, as Nostradamus or any psychic will tell you, is to keep everything v
Reading through Cleantech Group's "Ten Predictions for 2010," it's easy to dismiss their vision for plug-in vehicles next year as nearly impossible. You can read all ten predictions after the jump, but the sole vehicle-related items reads as follows: "Electric cars take the back seat to smart mobility." Um, nope.
Electric vehicles are striving to have a beneficial impact on the world's economy and are stirring interest from specialized and general media outlets. Forbes, for example, has just published an article on how China is going to become or, we should say, needs to become the mecca of the Electric Car.