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High prices don’t appear to be deterring demand, though. According to the forecast, April auto sales should be about 1.5 million cars and vans combined. That’s more than double April 2020, however that’s not a consultant comparison, because 2020 auto sales bottomed out in April final yr, due to coronavirus enterprise shutdowns. The 2035 Report 2.0 fashions the whole cost of ownership for gasoline and electrical autos, discovering that electric vans are already cheaper to personal than diesel versions on a total value-per-mile foundation, and electrical cars might be cheaper than gasoline equivalents throughout the next five years. I’m a reporter with 25-plus years expertise writing about, and dealing in, the auto business. After a journalism diploma at the University of North Carolina-Chapel Hill, where I was a Morehead Scholar, I began out with the dearly departed Nashville Banner, a night newspaper. My beat included GM’s Saturn Corp. in then-rural Spring Hill, Tenn. when the manufacturing facility was nonetheless just a hole in the floor, plus the large Nissan manufacturing unit close by.
That was a post at Automotive News, the main auto industry trade paper, as a one-man New York City bureau, overlaying European luxury brands, Wall Street, publicly traded vendor teams, retail auto finance and month-to-month auto gross sales. A four-year stint as market analysis and corporate technique supervisor at Mercedes-Benz USA gave me an insider’s perspective. More lately, my freelance assignments … Read More