What’s Hot in Automotive Franchising Right Now?

Recently, an age-old industry record was broken, though you may have missed it if you weren’t paying attention. According to new research from S&P Global Mobility, the average age of cars on U.S. roads is now 12.2 years old. Another study from the same researchers predicts double-digit growth in the commercial vehicle parts aftermarket. This is largely due to the pandemic’s effect on the supply chain, as semiconductor chips and parts inventories suddenly became scarce. The good news? Demand hasn’t waned a bit. America has always had, and still maintains, a love affair with the automobile industry. And thanks to the proven business models and corporate support offered by franchises, entrepreneurs now have an opportunity to capitalize on these market conditions.

A market driven by drivers

When it comes to making idle conversation, inner-city traffic woes are becoming akin to talking about the weather. Many of our most populous areas

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Battery Electric Vehicles Will Be Majority of Sales by 2035 Says AlixPartners

Source constraints and need pressures that have pushed car prices increased at reduce volumes but made operational inefficiencies and distress in the provide chain are poised to continue by way of 2024 even though chip availability carries on to boost, according to new industrywide analysis from AlixPartners, the global consulting business. The continued pattern provides a sophisticated backdrop for an business committing $526 billion by 2026, AlixPartners’ evaluation finds, to fund the change to battery-electric motor vehicles (BEVs). The transition, having place amid a dampened financial outlook, could charge automakers and suppliers $70 billion if not effectively managed, the evaluation finds.

Electrical automobile product sales are predicted to be 33% globally by 2028 and 54% by 2035. In Europe, AlixPartners expects 83% of new vehicles to be electrical by 2035.

New-vehicle pricing has been particularly robust, and AlixPartners expects pent-up demand and work toughness to empower automakers to go on

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2022 Porsche 963 News and Information, Research, and Pricing

International quest for Porsche Penske Motorsport with the new 963

Presentation of the LMDh prototype at Goodwood with sturdy motorists and associates

Atlanta. The Porsche Penske Motorsport staff sends the new Porsche 963 to hunt for general victories in the world’s best stamina races. Beginning in 2023, two of the hybrid LMDh-spec prototypes will be fielded in equally the FIA Environment Stamina Championship and the IMSA WeatherTech SportsCar Championship. The racing vehicle that was unveiled nowadays (Friday, June 24) at Goodwood in England will have the conventional Porsche motor racing shades: white, red and black. In the cockpits of the 500 kW (680 HP) racers, professional and championship successful prototype motorists are paired with seasoned specialists from the Porsche manufacturing facility driver squad. Porsche Penske Motorsport will have two headquarters for the two key championship programs: The IMSA WeatherTech SportsCar Championship cars will be well prepared at Team Penske’s key

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2022 Genesis G80 Sport Review: More Smooth Than Sharp

The Genesis G80 has always been good, even back when it was called the Hyundai Genesis. Over the years, the Korean automaker refined and re-refined this midsize sedan into a more competent and comfortable luxury car. Now, Genesis is bringing back an older trim that, while inferring some corner-carving prowess, keeps the story largely the same, in the best possible way.

The latest Genesis G80 is almost two years old, but it looks as fresh as the day it debuted. The G80’s tapered rear end looks great from any angle, and the two-line lighting design is one of my favorite elements across the entire automotive industry. The Prestige trim’s unique 20-inch wheels are slick as hell, too, with those diamond-carved elements in the spokes. There are a few Sport-specific touches outside, as well, such as slightly more aggressive bumpers, although it’ll take a keen eye to pick up on those

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