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· imagine a fleet of self-driving, electric vehicles available at your beck and call, much like your current uber or lyft, but without the human driver. · a growing number of americans are looking into alternatives to owning a car as costs continue rising. Less driving also means less wear and tear on vehicles, as well as a decline in traffic accidents, … And the longer people keep their cars, the more spare parts are going to be needed. · the shift away from cars in the us has been very noticeable. · simply put, there are not enough spare parts to keep all the older vehicles running. And canada, including the impact of economic pressures, the shift to evs, and supply chain disruptions. The effects began in china, where sales plunged 71 percent in february … · falling vmt would also affect used-car sales and aftermarket parts and service: Discover why car sales are declining in the u. s. Since 2016, the light-truck mix in industry-new-vehicle sales has greatly increased while the demand for cars dropped. New car sales bottomed out in 2022, the peak year of covid-19-era shortages that hobbled … · the automotive industry pumped the brakes hard in the early months of the global covid-19 pandemic. The fall is steeper than during … · the global automotive industry is on the cusp of a massive transformation. With megatrends likely to redefine the future of car sales and the automotive aftermarket worldwide, … When this becomes a reality, … · the car and truck market is about to get worse, and not just because of tariffs. · new car registrations were 44. 4% lower march than in the same month in 2019 after the covid-19 virus caused factories and showrooms to close.
