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CAR Study: Autonomous Revolution Coming Slower than Expected

Public's interest in EVs is much strong than self-driving cars.

by on Feb.26, 2018

A new study from the Center for Automotive Research shows that consumers are more interested in EVs that self-driving cars.

Despite all the new truck, sport utility vehicle and crossover vehicles launched at last month’s North American International Auto Show, presentations from carmakers also focused on the future of connected and autonomous vehicle technologies, new mobility service models, and advanced powertrain solutions, according to a new study from the Center for Automotive Research noted.

“Automakers are making big bets and hope they will pay off. Ford Chairman Bill Ford summed up the divide when he announced his company’s $11 billion investment in EVs in January 2018, “… we’re all in now. The only question is will the customers be there with us, and we think they will,” noted the CAR study, which was released last week at a meeting to the Automotive Press Association in Detroit.

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Meanwhile the U.S. automotive industry is in the midst of a critical period. Light vehicle sales are plateauing at a very high level and include a rich mix of pickups, SUVs and CUVs that are producing record profits. (more…)

Study: U.S. Aid to Auto Industry Saved 1 Million Jobs

Assistance saved nearly $100 million in personal income.

by on Nov.30, 2010

Government assistance to General Motors and Chrysler enabled orderly bankruptcy proceedings and led to the saving of more than 1.14 million jobs in 2009 alone, according to a recently released study by an automotive think tank.

The study, by the Ann Arbor-based Center for Automotive Research, estimated that an additional 314,400 jobs was saved in 2010. The government help save $96.5 billion in potential personal income losses and allowed $28.6 billion in social security and personal income taxes to be paid to the federal government.

At the time of the bailout, some pundits, and even some lawmakers, suggested that Chrysler and GM didn’t deserve the government’s help. Some even suggested that the bailout was a waste of government money.

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