Tag: a used cars

Used car market off to strong start in January as prices rise on last month – Car Dealer MagazineUsed car market off to strong start in January as prices rise on last month – Car Dealer Magazine

September 21, 2024September 21, 2024| 9:15 am

The used car market has shrugged off the fears of depressed demand in January, with the month shaping up to be strong for car dealers. January is proving to be a solid indication that 2023 could be a ‘very good year’ for the industry, with strong levels of demand and buoyant consumer sentiment, along with returning levels of new car supply. The current average price of a used car on Auto Trader now stands at £18,268 – the highest it’s been since the firm started recording prices in 2011. Used car prices are also up 2.8 per cent compared to… [...]

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Moody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are droppingMoody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are dropping

August 11, 2024August 11, 2024| 9:16 am

A gradual improvement in the availability of semiconductors has helped car manufacturers lift production levels. Semiconductors are a crucial component in the increasingly sophisticated modern electronics at the core of modern vehicles. Ms Ell said while global vehicle production had not returned to pre-pandemic levels in Europe and Asia, there had been a significant improvement. Vehicle production in Japan in October was 35 per cent higher than in 2021, but was still 11 per cent below the production rate of 2019. Households feel the squeeze Australian Bureau of Statistics figures show that during the September quarter, Australians imported $7.3 billion… [...]

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Wholesale used vehicle prices fall as sales weakenWholesale used vehicle prices fall as sales weaken

July 7, 2023July 7, 2023| 3:12 am

A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales fell amid high interest rates and inflated retail prices. Cox Automotive reported Wednesday a 2.7% decline from April to May in its Manheim Used Vehicle Value Index to 224.5. It marks the second consecutive monthly decline and the index’s lowest level since 219.3 in December. The index, which tracks vehicles sold at its US wholesale dealership auctions, remains elevated from… [...]

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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, 2023June 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… [...]

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Join the AutoForm Global Webinar: Evolving BiW Assembly Process Development, April 13, 2023Join the AutoForm Global Webinar: Evolving BiW Assembly Process Development, April 13, 2023

April 17, 2023April 17, 2023| 12:08 pm

With the launch of AutoForm Assembly in 2021, users quickly became aware of the significance of developing their assembly processes while accounting for tolerances, gravity, part springback and hemming impact. We are now moving towards an evolution in assembly process development that with improved joining methods, optimized shimming and teaching capabilities, and better handling of scanned part geometries among the many capabilities. Please register here! Registration April 13, 2023, Session: 9:00* (Duration approx. 1 hour)Registration April 13, 2023, Session: 16:00* (Duration approx. 1 hour)*Central European Summer Time (GMT +2:00) Content of this webinar: The benefits of using AutoForm Assembly Capabilities… [...]

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