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Trump’s ‘cute’ tiny car plan could spark radical change in US auto industry. But do Americans want Japan-style compacts?
Yahoo Finance· 2025-12-17 21:05
They’re tiny, they’re affordable and if President Trump has his way, they could soon be calling American driveways home. In a Truth Social post that made the auto world do a double take, Trump said he had approved “TINY CARS” to be built in the U.S., praising the vehicles as “inexpensive, safe, fuel efficient and, quite simply, AMAZING (1).” The vehicles catching his eye are Japan’s kei microcars, pint-size rides that dominate city streets and rural roads across Asia. Must Read Kei cars are roughly 30 ...
WATCH: Plane collides with car during emergency landing on Florida highway
NBC News· 2025-12-10 12:26
Watch as the plane tries to make an emergency landing, rapidly descending, then crashing on top of a car. You can see the sparks flying as the plane slides on the roadway, then comes to an abrupt stop on the guardrail. The damaged car right behind it.A 57year-old woman was inside this Toyota Camry. According to Fire Rescue, miraculously, she suffered only minor injuries. It happened Monday evening near Florida Space Coast.The NTSB says the plane departed Merit Island, Florida on an instructional flight and ...
Mercury Insurance and National Auto Body Council Donate Refurbished Vehicle to Plano Resident Through NABC Recycled Rides®
Prnewswire· 2025-11-12 17:00
Core Points - Mercury Insurance and the National Auto Body Council collaborated to donate a refurbished vehicle to a U.S. Navy veteran, Robert Silva, during a Veterans Day event, highlighting community support and the impact of reliable transportation on individuals' lives [1][5][6] - The NABC Recycled Rides program has donated over 3,500 vehicles valued at more than $51 million since its inception in 2007, providing essential transportation to families, veterans, and community members in need [6] Company Overview - Mercury Insurance is a multi-line insurance carrier offering personal auto, homeowners, renters, and commercial insurance across several states, with a strong emphasis on customer service and competitive rates [7] - The company has received an "A" rating from A.M. Best and has been recognized as a "Best Auto Insurance Company" by Forbes and Insure.com, indicating its strong market position and reliability [7]
Is The Car Industry Ripe For Disruption?
Seeking Alpha· 2025-10-16 11:15
Group 1: Economic and Market Trends - A federal judge in California has blocked the Trump administration from laying off thousands of federal workers during the government shutdown, which may impact federal employment and spending [2] - U.S. economic activity is reported to be stuck in neutral in recent weeks according to the Beige Book, indicating a slowdown in growth [7] - Gold futures have posted their 47th record close of the year, reflecting strong demand and market conditions [6] Group 2: Automotive Industry Insights - The average price of a new car in the U.S. has surpassed $50,000 for the first time, driven by a mix of electric vehicles (EVs) and higher-end vehicles [4] - Despite rising prices, when adjusted for inflation, many cars today may still be considered bargains compared to previous decades, with production efficiencies helping to lower costs [5] - The current new-vehicle market is primarily supported by wealthier households, which are propping up the higher end of the market, while price-conscious buyers are shifting towards used vehicles and more affordable new cars [5]
Is the Ford Explorer Still a Cornerstone of Ford's US Lineup?
ZACKS· 2025-10-08 15:51
Core Insights - Ford Motor Company's Explorer SUV remains a popular choice among U.S. consumers, ranking as one of the most common vehicles on American roads in Q2 2025 [1][8] - The Ford Explorer is the 10th most prevalent vehicle in the U.S., accounting for 1.2% of all vehicles, while the Ford F-150 leads the market with a 3.7% share [2][8] - Ford holds the top position among automotive brands in the U.S. with a market share of 14.6%, and ranks second overall among manufacturers with 15.6% of all vehicles [3][4][8] Market Performance - General Motors sold 2.2 million vehicles in the U.S. in the first nine months of 2025, achieving a market share of 17.2%, the highest since 2015 [5] - Tesla leads the U.S. electric vehicle market with a 43.1% share as of September 2025, although this is a decline from 49% at the end of the previous year [6] Financial Metrics - Ford's stock has outperformed the Zacks Automotive-Domestic industry, with a year-to-date gain of 20.4% compared to the industry's 13% [7] - The company appears undervalued with a forward price/sales ratio of 0.29, significantly lower than the industry's 3.48 [10] - The Zacks Consensus Estimate for Ford's EPS has increased by a penny for 2025 and by 5 cents for 2026 over the past 60 days [11]