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Aug 10, 2013

* USA - CAR MARKETS NEWS: Frontal crash tests

* DC - Six small cars ace industry group's tough new crash test. Six other models in field fail to garner top ratings from IIHS


(Photo from IIHS: A Honda Civic's two-door and four-door finished atop the crash test) 
Washington,DC,USA -The Detroit News, by David Shepardson -August 8, 2013: -- Half of the dozen small cars tested under tougher new frontal crash tests by an industry group failed... The Insurance Institute for Highway Safety said it was awarding its “Top Safety Pick +” award to the six models that did pass the new overlap frontal crash test introduced last year, which replicates what happens when the front corner of a vehicle strikes another vehicle or an object like a tree or a utility pole. In the test, 25 percent of a vehicle’s front end on the driver’s side strikes a five-foot-tall rigid barrier at 40 miles per hour...
The two-door and four-door models of the 2013 Honda Civic are the only small cars to earn the top rating of good in the test. The 2013 model-year Dodge Dart, Ford Focus, Hyundai Elantra and 2014 model-year Scion tC earned acceptable ratings, which also qualifies them for the “Top Safety Pick +” honor... The other six vehicles were 2013 models of the Chevrolet Sonic, Cruze and Volkswagen Beetle — all rated marginal — while the 2013 Nissan Sentra, 2013 Kia Soul and 2014 Kia Forte were rated poor... 



 * Michigan -  US Vehicles are getting older and older 

(Image Source: Polk Research)
Southfield,MICH,USA -Seeking Alpha -Aug 7 2013: -- Research firm Polk released a report earlier this week which indicated the average age of Light Vehicles continues to rise, hitting a record of 11.4 years as of January 1, 2013... Amid the prior year's strong sales and the slowly recovering U.S. economy, this news presents an incredibly strong opportunity for sales growth for vehicle manufacturers for the coming years... The current year rate represents an increase of nearly 1.5 vehicle years of age over the last decade. A trend of steady increases has been in place since 2002, which accelerated noticeably since the financial crisis in 2008... The increasing average age of vehicles is in part due to the improving quality of vehicles, and in part due to the high unemployment, which without a doubt caused many jobless drivers to put off purchasing new cars...

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