The automotive industry has demonstrated remarkable resilience and adaptability, navigating a complex landscape shaped by the post-pandemic recovery and ongoing economic fluctuations, proving to be a master of comebacks! As we move through the first half 2024, key indicators such as consumer confidence, vehicle sales, inventory levels, and the shift towards electric and hybrid vehicles provide critical insights into the industry’s current state and future direction. KEYPOINTS: Consumer confidence remains strong and healthy People are still buying cars despite lots of macroeconomic pressures Inventory is … Read more

The world of automotive technology is rapidly evolving, and hybrid SUVs are at the forefront. Hybrid SUVs offer the best of both worlds — the comfort and utility of an SUV and the fuel efficiency of a hybrid. This comprehensive guide takes an in-depth look at the top rated hybrid SUVs set to dominate the market in 2024. Before delving into the top-rated hybrid SUVs, it’s important to understand the technology behind them. Hybrid SUVs use a combination of an internal combustion engine and one … Read more

So, the automotive industry has shaken off its pandemic cobwebs and is back, pedaling hard on the accelerator. This resurgence is marked by a strong embrace of energy efficient cars, but not necessarily Teslas, signifying a major shift in the industry’s driving preferences. So, what are consumers actually after? 2024 looks set to be the industry’s comeback tour, complete with high consumer confidence, flirtations with high interest rates, and everyone’s favorite drama — EV adoption. Let’s look into what happened in the automotive world, this … Read more

In today’s world, where environmental consciousness is on the rise, many car buyers are opting for hybrid SUVs that offer a combination of fuel efficiency and spaciousness. The hybrid SUV market has seen significant growth in recent years, with several automakers introducing models that cater to different driving preferences and needs. In this article, we will explore the best hybrid SUVs in terms of MPG (miles per gallon) rating, helping you make an informed decision when considering a hybrid SUV purchase. When looking for the … Read more

Searching for a dependable, affordable, and low-maintenance car? You’ve come to the right place! In this comprehensive guide, we’ll delve into the top recommended vehicles for 2024, highlighting their durability, cost-effectiveness, and overall ease of ownership. So buckle up and get ready to explore the best low maintenance cars designed for stress-free driving in 2024. It’s no secret that choosing the right vehicle can be a daunting task. When you’re on the hunt for a car that offers reliability, affordability, and minimal upkeep, the stakes … Read more

Despite the recent fluctuations in the used car market due to factors such as the COVID-19 pandemic, there are still fantastic opportunities for buyers. Whether you’re a first-time buyer, looking to upgrade, or in need of a reliable second vehicle, the used car market in 2024 offers a vast array of options for different budgets and preferences. In this guide, we will delve into the top used cars to consider purchasing in 2024, taking into account various budgets, reliability, remaining lifespan, and vehicle type. Making … Read more

While most automakers such as Ferrari, Ford and GM performed rather robustly, Tesla has fallen short, and it’s not the first time in months, casting some uncertainty over the electric vehicle market. The broader automotive industry encountered several challenges, including issues with production forecasts, dealership operations, and certain revenue sources. Why are they not spending as much? Most probably, a majority of people have used up all the extra money provided by the government during the COVID-19 pandemic and are now tapping into their primary … Read more