Used Cars - A360

Average used car loans are now much more than the vehicles are worthAverage used car loans are now much more than the vehicles are worth

July 1, 2023| 2:51 am

Used car prices have been all over the map in recent times, with some used models exceeding their new MSRPs as demand soared and supply dwindled. While that situation appears to have been mostly resolved, the finances of the used car market are still raising eyebrows, as buyers seem to be rolling more negative equity into their purchases in 2023. A new study from JD Power and TransUnion pointed out that the average loan-to-value ratio of used car financing has ballooned to 125 percent during the first quarter of 2023. That’s up from 110 a year ago and 104 percent… [...]

THE QUEST FOR FIRST HIT PASS OUTCOMESTHE QUEST FOR FIRST HIT PASS OUTCOMES

June 28, 2023| 1:44 pm

Excerpted from a pre-release publication tentatively titled “Brickwalls and Barricades: The Quest for Flawless Execution of First Hit Pass Outcomes”, this article introduces actual case studies to showcase the ability to avoid forming defect failures at the stamping press through disciplined execution of the simulation and die build with proven tradecraft and capable craftsmanship. A prominent automotive seating company built a progressive die for a safety-critical stamping. Crash tests with actual stampings verified the occupant would not survive a front-end collision because edge cracks separated the seat from the vehicle. An iconic home appliance company built transfer dies with draw… [...]

Cambridge planners overruled by OLT decision on used car salesCambridge planners overruled by OLT decision on used car sales

June 28, 2023| 2:50 am

Successful appeal means Franklin Boulevard business can sell up to 60 used vehicles at a time on industrially zoned property The owner of an automotive repair shop on Franklin Boulevard has been granted permission to sell up to 60 used cars on his lot at a time after appealing to the Ontario Land Tribunal over a committee of ruling adjustments last fall that denied a zone change application to allow it. In a ruling released June 5, the tribunal’s Gregory J. Ingram disagreed with the city planning staff over the application by Special Interest Automobiles owner Ali Ghaddar. Ghaddar wants… [...]

The UK’s most and least reliable used cars – Mercedes, Kia, Honda & moreThe UK’s most and least reliable used cars – Mercedes, Kia, Honda & more

June 25, 2023| 2:42 am

According to the findings of a new survey, Suzuki achieved the highest brand rating for its reliability with 94.7 percent. The brand’s Vitara small SUV received a staggering 99.3 percent reliability score, with the Swift small car also getting a near-perfect mark. The data, from What Car?, found that Japanese brands occupied six of the top 10 most reliable brand positions. However, at the other end of the scale, Citroën and Land Rover received the lowest brand reliability scores, of 60.3 percent and 61.3 percent respectively. Small cars had the highest overall reliability ratings, with the Honda Jazz achieving a… [...]

KIA: Successful Digital Transformation in Manufacturing Process Engineering, Part IKIA: Successful Digital Transformation in Manufacturing Process Engineering, Part I

June 20, 2023| 1:34 pm

Driving fundamental changes through the digitalization process Digital transformation is a buzz word but we also want to know what exactly means for my job process engineering and what rapidly comes across the departments and companies. And the advantages? Increase efficiency, greater business agility, and the unlocking of new value for all of us, OEMs, material suppliers, tool and part suppliers… Well, our team members know those are important but still, we are not clear to see what changes in our life. Back to our daily job, we know very well we are facing many practical failures of production [...]

Best Used Cars for Teens Under $20,000Best Used Cars for Teens Under $20,000

June 19, 2023| 2:17 am

Teenagers are among the riskiest drivers because of a combination of immaturity, inexperience and social pressures. Consequently, they have crash rates that are almost four times those of drivers 20 and older. Choosing the right car can help teens stay safe, but it can be challenging to balance all the factors that make an ideal vehicle for inexperienced drivers. Consumer Reports and the Insurance Institute for Highway Safety (IIHS) have again combined their expertise and data to create lists of used cars, SUVs, and minivans that combine accident avoidance, crash protection, performance, and reliability. These vehicle recommendations are [...]

As the West surges toward electric cars, here’s where the unwanted gas guzzlers goAs the West surges toward electric cars, here’s where the unwanted gas guzzlers go

June 16, 2023| 2:10 am

Cotonou, Benin CNN — Standing on the stony ground in the bustling Fifa Park car lot, Rokeeb Yaya is haggling over the price of a dark red car. It is one of a couple hundred vehicles, parked in long lines stretching out across the vast lot – some shiny and new-looking, others dented and dusty. The car Yaya has his eye on, a 2008 US-built Ford Escape, is on sale [...]

In Pictures! How Hydroforming Can Replace Sheet Metal Stamping in the Manufacturing IndustryIn Pictures! How Hydroforming Can Replace Sheet Metal Stamping in the Manufacturing Industry

June 12, 2023| 1:25 pm

Introduction In the quest for improved competitiveness, industries are constantly seeking effective methods to reduce costs and time in their manufacturing processes and operations. To achieve this goal, many companies are adopting unconventional and more competitive production methods. Against this backdrop, Tecumseh do Brasil, in collaboration with AutoForm and TechnNova, seeks to conduct a feasibility study to explore the potential of using the hydroforming process instead of conventional stamping to produce hermetic compressor housings. This study will be conducted through numerical simulations, and the aim is to increase the efficiency and competitiveness of the production process. Methodology To ensure that… [...]

Fire breaks out at second-hand car showroom in HyderabadFire breaks out at second-hand car showroom in Hyderabad

June 10, 2023| 1:52 am

A visual from the spot (Photo/ANI) Hyderabad: A fire broke out at a car showroom in LB Nagar in Telangana’s Hyderabad district, police said. According to the police, a huge fire broke out in the garage of a second-had car showroom in LB Nagar Police Station limits. “The fire broke out around 9 pm on Tuesday at a second-hand car showroom beside BVK cinemas, LB Nagar, Hyderabad. The loss of property is yet to be determined. No loss of life has been reported. The fire personnel have reached the spot and the efforts are underway to bring the blaze [...]

Putin ‘could use devastating weapons’Putin ‘could use devastating weapons’

June 7, 2023| 9:39 am

Vladimir Putin may use weapons of mass destruction in his war with Ukraine, an MP has warned. (Alami) Russian president Vladimir Putin could use “devastating” weapons of mass destruction in the war with Ukraine, a senior Tory MP had warned. Kyiv and Western countries have accused Russian forces of blowing up the Kakhovka dam and hydroelectric power station in the Kherson region – an area Moscow has controlled for more than a year. Russia has denied damaging the dam, instead trying to shift the blame on to Ukraine’s “night attacks” on the region had “led to the destruction of the… [...]

Category: Used Cars