Acura

Three midsize luxury SUVs excel in back seat protection

Retrieved on: 
Thursday, December 14, 2023

“It’s encouraging that more than half of the 2024 midsize luxury SUVs we tested performed well in our updated moderate overlap front crash test,” IIHS President David Harkey said.

Key Points: 
  • “It’s encouraging that more than half of the 2024 midsize luxury SUVs we tested performed well in our updated moderate overlap front crash test,” IIHS President David Harkey said.
  • Rather, the front seat has become safer because of improved airbags and advanced seat belts that are rarely available in back.
  • IIHS researchers also developed new metrics that focus on the injuries most frequently seen in back seat passengers.
  • All eight SUVs provided excellent protection in the front seat.

U.S. New-Vehicle Prices Down Year over Year for Third Straight Month; Market Shifts toward Buyers as Incentives Climb, Profit Margins Squeezed

Retrieved on: 
Monday, December 11, 2023

Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.

Key Points: 
  • Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.
  • November marks the third consecutive month that new-vehicle transaction prices were lower year over year, a unique milestone for the industry.
  • New-vehicle sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer's market, not a seller's market.
  • Lower ATPs for vehicle buyers continue to be the results of discounts and incentives, not lower-priced automobiles, the Kelley Blue Book data suggests.

Meet the 2024 Consumer Guide Automotive Best Buy Awardees

Retrieved on: 
Tuesday, December 5, 2023

PALATINE, Ill., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Consumer Guide® Automotive, the leading publisher of authoritative, unbiased new-car reviews for 57 years, today announced the recipients of its 2024 Best Buy Awards. A Consumer Guide Best Buy represents the finest balance of attributes and value in its class. For 2024, 41 Best Buys have been awarded in 17 classes, providing clear, easy choices for consumers.

Key Points: 
  • PALATINE, Ill., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Consumer Guide® Automotive, the leading publisher of authoritative, unbiased new-car reviews for 57 years, today announced the recipients of its 2024 Best Buy Awards.
  • A Consumer Guide Best Buy represents the finest balance of attributes and value in its class.
  • Among premium brands, Acura topped the list, also having been awarded four Best Buy trophies for 2024.
  • The key to Consumer Guide Automotive's annual Best Buy Awards is the careful evaluation of every aspect of each vehicle as it relates to consumers' real-world driving experience.

13 Million Reviews Don't Lie: Cars.com Reveals Top Automakers With the Best Reputation

Retrieved on: 
Thursday, November 30, 2023

CHICAGO, Nov. 30, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce"), an audience-driven technology company empowering the automotive industry, today revealed the major automotive brands that have the best reputation amongst consumers. The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide. In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.

Key Points: 
  • The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide.
  • In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.
  • "Based on the 13 million consumer-submitted reviews on Cars.com,1 we're able to provide data-driven insights — across brands, dealership groups and down to the individual dealer level — about strengths and gaps in the retail experience.
  • It factors in recent reviews more heavily, with those garnering fewer than five reviews in a 24-month span marked as "Not Yet Rated."

FULL BEV SUPER COUPE HEADS KARMA AUTOMOTIVE'S NEW VEHICLE PORTFOLIO

Retrieved on: 
Monday, November 13, 2023

IRVINE, Calif., Nov. 13, 2023 /PRNewswire/ -- Karma Automotive revealed its new ultra-luxury vehicle lineup at the Nov. 10-12 Wynn Concours in Las Vegas. The revamped portfolio from the Southern California electric vehicle and technology company is headlined by the Kaveya, a full battery electric (BEV) super coupe that will be available in two versions projected to go 0-60 mph in under three seconds.

Key Points: 
  • IRVINE, Calif., Nov. 13, 2023 /PRNewswire/ -- Karma Automotive revealed its new ultra-luxury vehicle lineup at the Nov. 10-12 Wynn Concours in Las Vegas.
  • The revamped portfolio from the Southern California electric vehicle and technology company is headlined by the Kaveya, a full battery electric (BEV) super coupe that will be available in two versions projected to go 0-60 mph in under three seconds.
  • I'm intent on fulfilling Karma's true potential," says Karma President Marques McCammon, who joined the automaker in March.
  • We are reintroducing the Karma brand and a vehicle lineup that is designed to age gracefully.

EVgo Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2023.

Key Points: 
  • EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2023.
  • Revenue increased to $35.1 million in the third quarter of 2023, compared to $10.5 million in the third quarter of 2022, representing 234% year-over-year growth.
  • Network throughput increased to 37 GWh in the third quarter of 2023, compared to 12 GWh in the third quarter of 2022, representing 208% year-over-year growth.
  • EVgo Autocharge+: Autocharge+ exceeded 15% of total charging sessions initiated in the quarter and Autocharge+ charging sessions in the third quarter increased 67% compared to the second quarter of 2023.

Global Debuts for Lucid Gravity and Subaru, plus North American Reveals from Acura, Hyundai, Kia and more Highlight Media Day at 2023 Los Angeles Auto Show®

Retrieved on: 
Tuesday, November 7, 2023

LOS ANGELES, Nov. 7, 2023 /PRNewswire/ -- Global debuts for the all-new Lucid Gravity and a next-generation Subaru model kick off the day, with North American reveals and announcements from Acura, Hyundai and Kia as highlights of the press conference schedule for AutoMobility LA® at the 2023 Los Angeles Auto Show® annual media and industry gathering on November 16.

Key Points: 
  • Its technology is currently an aftermarket accessory, which has been outfitted on a number of Ford Mustang Mach E and Transit vans.
  • The WiTricity wireless charging represents a step forward in charging convenience and has the potential to increase the mass adoption of EVs.
  • At the 2023 LA Auto Show, Prosperity Market will debut its new solar-powered and electric trailer.
  • Following AutoMobility LA and held at the Los Angeles Convention Center, the 116th Los Angeles Auto Show will run from November 17-26.

Honda Prototype Autonomous Work Vehicle Demonstrates New Value for Airfield Operations

Retrieved on: 
Tuesday, October 17, 2023

Today's demonstration of a first-of-its kind autonomous perimeter fence inspection solution showed how the Honda AWV could be used to address the challenges of labor shortages, safety and security, and emissions reductions to bring new value to airfield operations.

Key Points: 
  • Today's demonstration of a first-of-its kind autonomous perimeter fence inspection solution showed how the Honda AWV could be used to address the challenges of labor shortages, safety and security, and emissions reductions to bring new value to airfield operations.
  • First introduced by Honda as a concept at CES 2018, the Autonomous Work Vehicle is now advancing toward commercialization and Honda is inviting interested companies to email [email protected] for more information about participating in the field testing initiative.
  • The Honda Autonomous Work Vehicle is designed to boost workforce productivity and support repetitive tasks that allow companies to focus their workforce on value-added activities.
  • Honda has field tested the Autonomous Work Vehicle at several worksites, where the vehicle successfully transported supplies to pre-set destinations within the work site along a calculated route and proved capable of stopping within centimeters of pre-set points.

Honda Prototype Autonomous Work Vehicle Demonstrates New Value for Airfield Operations

Retrieved on: 
Tuesday, October 17, 2023

Today's demonstration of a first-of-its kind autonomous perimeter fence inspection solution showed how the Honda AWV could be used to address the challenges of labour shortages, safety and security, and emissions reductions to bring new value to airfield operations.

Key Points: 
  • Today's demonstration of a first-of-its kind autonomous perimeter fence inspection solution showed how the Honda AWV could be used to address the challenges of labour shortages, safety and security, and emissions reductions to bring new value to airfield operations.
  • First introduced by Honda as a concept at CES 2018, the Autonomous Work Vehicle is now advancing toward commercialization and Honda is inviting interested companies to email [email protected] for more information about participating in the field testing initiative.
  • The Honda Autonomous Work Vehicle is designed to boost workforce productivity and support repetitive tasks that allow companies to focus their workforce on value-added activities.
  • Honda has field tested the Autonomous Work Vehicle at several worksites, where the vehicle successfully transported supplies to pre-set destinations within the work site along a calculated route and proved capable of stopping within centimetres of pre-set points.

EDO Holiday Report: Black Friday NFL Game Primed for Ad Success, Some Retailers Drive Performance Outside Traditional Shopping Period

Retrieved on: 
Tuesday, October 10, 2023

EDO , the TV outcomes company, released today the inaugural Holiday TV Outcomes Report , highlighting ad volume and engagement trends in Q4 2022 across key categories influenced by holiday shopping, as well as ad performance across live sports and TV network specials.

Key Points: 
  • EDO , the TV outcomes company, released today the inaugural Holiday TV Outcomes Report , highlighting ad volume and engagement trends in Q4 2022 across key categories influenced by holiday shopping, as well as ad performance across live sports and TV network specials.
  • "Brands that are planning their holiday TV advertising now have already fallen behind," said Kevin Krim, President & CEO, EDO.
  • Brands in a number of categories were most effective when advertising outside the traditional holiday season.
  • To know what’s working for your brand this holiday season, reach out to [email protected] .