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S&P Global Appoints Chief Strategy Officer for Mobility Global Completing New Executive Leadership Team
Prnewswire· 2026-02-19 21:15
S&P Global Appoints Chief Strategy Officer for Mobility Global Completing New Executive Leadership Team [Accessibility Statement] Skip NavigationMartin Metzker to lead Strategy, Communications and Enterprise Marketing for Mobility Global in preparation for its planned separation into a standalone public companyNEW YORK, Feb. 19, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the appointment of Martin Metzker as Chief Strategy Officer of S&P Global Mobility ("Mobility Global"), effective immedi ...
Virginia man warns US drivers after county values 3.5-year-old van at $42,200, far above its real worth
Yahoo Finance· 2025-12-26 12:15
Core Insights - The article discusses the discrepancy between vehicle tax assessments and actual market values, highlighting concerns from vehicle owners about inflated tax bills [2][3]. Group 1: Vehicle Valuation Discrepancies - Used car prices have significantly increased, with the typical three-year-old vehicle now valued at approximately $32,635, which is about $9,500 higher than in 2019 [2]. - The county's assessment of Martin's 2022 Toyota Sienna at $42,200 contrasts sharply with valuations from sources like Edmunds, TrueCar, and Kelley Blue Book, which estimate its value between $30,000 and $35,000 [4]. - The assessment system is criticized for not accurately reflecting the depreciation of vehicles, as cars typically lose about 20% of their value in the first year, 15% in the second, and 12% in the third [5]. Group 2: Market Trends and Vehicle Longevity - The average age of vehicles on the road has reached a record high of 12.8 years, indicating that Americans are keeping their cars longer, which affects resale values [5]. - Factors such as age, mileage, condition, and market trends generally lead to a downward trend in vehicle prices over time, rather than an increase back to original sticker prices [5].
Tesla owners are trading in their EVs at record levels, Edmunds says
CNBC· 2025-03-20 23:38
Core Insights - Tesla owners are trading in their electric vehicles at record levels, with March marking the highest share of trade-ins for Tesla vehicles toward new or used cars from other brands [1] - Tesla's brand value has declined by 26%, approximately $15 billion, in 2024, marking a second consecutive annual decline [6] Market Performance - Tesla's stock price has decreased by 42% this year, with investors moving away from the stock following initial enthusiasm after Trump's victory [3] - Tesla's sales in the U.S. have declined by about 11% year-over-year, while competitors like Ford, Chevrolet, and Volkswagen have increased their EV sales and market share [4] Consumer Sentiment - Shifts in consumer sentiment towards Tesla may provide opportunities for legacy automakers and EV startups to attract defecting Tesla owners and first-time EV buyers [5] - Interest in shopping for new Tesla models has dropped to its lowest level since October 2022, following a peak in November [6]