Remove 2019 Remove Car Remove Electricity
article thumbnail

Why more dealer incentives could be coming to new vehicles

Auto Service World

As new vehicle inventory continues to grow and sales slow, manufacturers and dealers are expected to offer higher incentives to keep cars and trucks moving off lots in 2025. In 2019, there were 72 models priced under $30,000. Kelley Blue Book also noted that incentives for electric vehicles increased. million in November 2023.

article thumbnail

How tariffs will impact ICE repair at dealers

Auto Service World

With new vehicle sales under pressure from tariffs and economic uncertainty, car dealers are doubling down on internal combustion engine repair as new vehicle sales are expected to stall. Not only do they offer higher margins than new cars, but they also generate ongoing service opportunities. But that hasn’t quite been the case.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Average U.S. Vehicle Age Rises to 12.8 Years

Brake & Front End

Vehicle registrations surpassed 16 million in 2024 for the first time since 2019. Cars dropped below 100 million for the first time since the 1970s, according to S&P Global Mobilitys research. The average passenger car age climbed to 14.5 Heavy registration years from 2015 to 2019 are entering the aftermarket space now.

article thumbnail

EV World: Market Momentum

Auto Service World

Since its inception in 2019, the iZEV Program has been instrumental in promoting EV adoption by offering rebates of up to $5,000 for eligible vehicles. per cent in 2019 to 11.7 These adjustments coincide with the implementation of the new tariffs, which are expected to impact car parts pricing and, consequently, vehicle costs.

article thumbnail

Caring for the Environment as an Emissions Specialist

Automotive Training Centre

If youre passionate about cars and sustainability, a career as an emissions specialist offers the opportunity to play a vital role in protecting the environment. Emissions specialists are responsible for testing, diagnosing, and reducing vehicle emissions, ensuring cars meet government regulations and contribute to cleaner air.

article thumbnail

Average U.S. Vehicle Age Rises to 12.8 Years

Tomorrow's Technician

Vehicle registrations surpassed 16 million in 2024 for the first time since 2019. Cars dropped below 100 million for the first time since the 1970s, according to S&P Global Mobility’s research. The average passenger car age climbed to 14.5 Heavy registration years from 2015 to 2019 are entering the aftermarket space now.

article thumbnail

U.S. BEV Sales Achieve 12% Growth in 2024, PHEV Sales Improve 39%

Tire Review Magazine

car sales showed encouraging growth, while the European market remained mostly stagnant, according to JATO Dynamics. American buyers have historically favored petrol vehicles, but battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) led market expansion in 2024. Car Sales The U.S. In 2024, U.S.