Consumers Turned Off By High EV Prices

Consumers Turned Off By High EV Prices
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Electric vehicles face many hurdles compared to their conventional, internal-combustion-powered counterparts. Consumers are generally unfamiliar with them plus they have range-related issues, but that’s not all; pricing is also a problem for new-vehicle shoppers. Continue Reading...

Survey Finds People Hold Onto Their Vehicles Longer

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Survey Finds People Hold Onto Their Vehicles Longer
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We’re holding onto our cars for longer than ever before, says a recent analysis from the survey experts at R. L. Polk & Co.  This means that consumers are now holding onto a new vehicle for 63.9 months on average, based on second quarter 2010 data. This number is up 4.5 months from the same… Continue Reading...