Used Cars

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

September 21, 2024

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…

Used Cars

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

August 11, 2024

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…

Used Cars

THE QUEST FOR FIRST HIT PASS OUTCOMES

June 28, 2023

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…

Used Cars

Best Used Cars for Teens Under $20,000

June 19, 2023

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 ideal for…

Used Cars

These used cars are selling well below their prices when new

April 16, 2023

We’re in this weird spot in the used car market where some models are selling for more than they cost new. iSeeCars‘ a recent study found that vehicles like the Ford Maverick have been selling for thousands over their new MSRPs, but the good news is that there are just as many selling at a discount. iSeeCars analyzed 8.9 million new and “lightly used” cars between February and March, 2023 and determined that while many used models are listed above their new MSRPs, prices have fallen over the last year. Perhaps unsurprisingly, the list of vehicles selling for less than…

Used Cars

Struggling with an Equivalent Material Card? Material Scattering Simulation Can Help

April 9, 2023

It is well known that tool makers really struggle in creating a material card that describes material behavior under deformation made by the stamping process. Most of the time they end up using an equivalent material card or a card created by using a very limited amount of data (and use generic assumptions). In this article Ramandeep Singh, AutoForm Technical Account Manager India, explains how considering material scattering can support engineering delivering reliable data to tool shops Over the last few decades, simulation software has become standard practice for virtually validating the stamping process. To ensure correspondence between digital and…

Used Cars

Fixing Multiple Problems Simultaneously: Powerful Geometry Modifications in Simulation

March 16, 2023

Introduction Most of the time, we think of things in reference to the extremes so we can better understand them. It is like reflecting on the statement, “The worst that could happen is…” We try to protect against the conditions that would cause the biggest problem or the least favorable outcome. It’s not too painful to learn you could have had another 5 mm of blank savings in your process if production rates are high. It would be far worse to have a process that saved $0.20 per blank but with scrap rates consistently over 30% and requiring constant die…

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