Mega Headaches: Volvo eyes Tesla-style megacasts for next-gen vehicles

Stockholm, Sweden — Volvo cars hopes its future use of aluminum megacastings for automotive body parts will boost the automaker’s ability to reach sustainability targets. Over the next few years, the Swedish automaker is investing 10 billion crowns  ($1.1 billion) to its Torslanda plant⁠—the automaker’s largest and oldest facility⁠—to prepare the site for the production […]

Manheim UVVI: used vehicle prices slumps after hurricaines pass

Jonathon Smoke of Cox Automotive. He joined the company as chief economist in April 2017.

Atlanta, Georgia — January 10, 2018 — Used vehicles prices have softened in the wake fierce hurricane season. The Manheim Used Vehicle Value Index—which accounts for wholesale pieces adjusted for mix, mileage and season—came to a reading of 132.0 last December. While a 5.6 pointover last year, is also marks the lowest levels seen since […]