Loyalty is vital to auto makers success and Hyundai, which as we have discussed, continues to roll, with the highest retention rate for its owners.
Owners have also been more loyal to their vehicles, driving up the average age of cars and trucks on the road to a record 10.8 years old.
One reason that could be so high is that people are driving less due to the stumbling economy and perhaps higher gas prices.
But higher gas prices and and the increase in CAFE standards coming in 13 years will probably cost drivers more, at least initially, but could save money in the longer run. Dealers are very concerned. Are you?
Speaking of concerned, Detroit is a place where you need to be concerned about the safety of your car, but police aren't increasing the patrols, they are just banning parking on the street.
Finally, need to get away. How about a Prius camper? It's hideous.
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Owners have also been more loyal to their vehicles, driving up the average age of cars and trucks on the road to a record 10.8 years old.
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| Get away from Prius camper. |
But higher gas prices and and the increase in CAFE standards coming in 13 years will probably cost drivers more, at least initially, but could save money in the longer run. Dealers are very concerned. Are you?
Speaking of concerned, Detroit is a place where you need to be concerned about the safety of your car, but police aren't increasing the patrols, they are just banning parking on the street.
Finally, need to get away. How about a Prius camper? It's hideous.
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Standard Podcasts [00:35:45m]: Play Now | Play in Popup | Download | Embeddable Player | Hits (0)
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