Ninety-two percent of those under age 17 said in a recent survey that they own or plan to own a vehicle, and 97 percent have or plan to get a license. By the year 2020 this group will translate to $3.2 billion in purchasing power, according to Kelley Blue Book and Autotrader, the firms that conducted the survey. A majority said a car represents freedom and convenience and is not necessarily a reflection of who they are. They also question the technology behind autonomous vehicles with 41 percent expressing concerns the cars would not drive as well as people can.
For the seventh year in a row, Hyundai tops the automotive category in Brand Keys Customer Loyalty Index. The consulting firm examines customers’ relationships with 635 brands in 72 categories.
European auto sales rose 14 percent in February, but Volkswagen saw its volume increase by just 4.6 percent at a time when rivals were chalking up double digit gains.
And you thought your commute was bad this morning. With little notice, the Washington subway system has shut down and will remain so for the entire day. That left thousands trying to figure out how to get to the office today and home this evening. Inspectors will spend the day looking at 600 power cables some of which have sparked at least two fires in subway tunnels. Easing the crunch somewhat was the wise decision allowing federal workers to either take a day off or work from home.