Used Vehicle Market Continues Sluggish Start to 2019

The used vehicle market continued its sluggish start to the new year, as a result the J.D. Power Valuation Services’ Seasonally Adjusted Used Vehicle Price Index declined 1.3 points – relative to January – to 116.1. February’s decline marked the sixth consecutive month of declines in the used market and is a trend we should expect to see more of throughout the course of 2019 as used vehicle prices are expected to decline relative to 2018.

EV Pulse: Tesla Model Y Unveiled

Tesla unveiled their Model Y SUV last week. Pricing starts at $47,000 and production will start sometime in 2020. There will be a $39,000 version as well but it will not be available until later down the road. The Model Y will be the fourth vehicle in the California automaker's lineup, the new SUV has the potental to be the most successful model Tesla sells.

Used Vehicle Price Index on Track to Reach Highest Level Since Late 2015

Data collected through the first three weeks of August shows that used vehicle prices have improved relative to July and are on track to end the month even stronger than anticipated. So far month-to-date, the J.D. Power Valuation Services’ Seasonally Adjusted Used Vehicle Price Index has increased by 2.3 points – relative to July – to 122.0. August’s preliminary result marks the third consecutive month of index growth and puts it on track to reach its highest level since late 2015.

Porsche Mulls Expanding Hybrid Technology to the 911

Porsche is on a mission to electrify its lineup. Tightening emissions standards have forced many automakers to turn to alternative power sources. With the fully electric Mission-E on the horizon and the introduction of the Panamera Turbo S E-Hybrid, the German sports car brand is now looking to add battery power to its most iconic model. According to Bloomberg, the next generation Porsche 911 will get a hybrid variant.

October Used Vehicle Prices Dip, New Vehicle Deliveries Slow

In their November 2017 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note wholesale depreciation declined by an average of 2.2 percent in October. The dip performed better than the 3.2 percent average price decrease recorded over the past five years for the period.

Toyota Combines Automatic and Manual Transmission?

Toyota is set to debut its next generation sports car concept at the Tokyo Motor Show later this month. The GR HV is built by Gazoo Racing, Toyota’s racing division, and could feature an industry first. According to Shifting Lanes, the hybrid sports concept will be capable of both automatic and manual transmission shifts.

Mercedes-AMG Showcases Formula 1 Technology with Project ONE

Mercedes-Benz is out to set a new standard for hyper cars. Its AMG division is celebrating its 50th anniversary this year and has used the occasion to debut a new concept vehicle. The Project ONE is the latest—and perhaps wildest—concept car recently premiered at the International Motor Show in Frankfurt, Germany.