http://www.fi-magazine.com - According to Black Book data, the average price of a used vehicle for model years 2012-16 depreciated in value by -2.2%. Cars overall dropped -2.6% and trucks decreased -1.8% in value during November. All vehicles are averaging a 12-month depreciation of -13.2%. Small pickups were the only vehicle category to increase in value during November, increasing in value by +0.4%. Vehicles in the small pickup category include the Toyota Tacoma, Chevrolet Colorado, GMC Canyon, Nissan Frontier and the Honda Ridgeline. Small pickups ended the month with an average segment price of $21,454, a -6.8% drop.
https://www.cnet.com - GM's luxury brand rages against bland interiors with this sporty new setup.
https://www.fool.com - Uber is the biggest unicorn on the private market right now, and it's had an incredibly rough 2017, replete with scandals and money trouble. In this clip from Industry Focus: Tech, market analysts Dylan Lewis and Evan Niu take a deep dive into the significant business model problems that Uber is facing; why even if the company goes through with an IPO, investors might want to stay away from this one; how Lyft fits into the picture for Uber and the ridesharing market; and one potential spot of hope on the horizon for both Uber and Lyft. A full transcript follows the video.
https://www.cnbc.com - The “Fast Money” traders share their final trades for the day including General Motors, Halliburton, Tesla and L3 Technologies.
http://www.thedrive.com - Ride-sharing companies are quick to note that most of their drivers are part-timers looking for supplementary income, or a short-term job while they look for something more permanent. Lyft is trying to help its drivers take another leap forward.
https://www.motorauthority.com - Australia bid goodbye to local automobile manufacturing this past October as the final Holden Commodore rolled off the assembly line, but perhaps the country will be at the forefront of another transportation sector: flying cars.
http://www.thedrive.com - Bargain hunters looking for 2017 models and end-of-year deals might want to check out a list compiled by Kelley Blue Book and released Tuesday. The Honda Civic ranks at the top of the list for December shopping for lease deals.
http://www.motortrend.com - General Motors CEO and chairwoman Mary Barra believes that even with the move to ride-sharing and mobility services, there’s still a future for driver-owned vehicles. Speaking at an Automotive Press Association event in Detroit, Barra said that there isn’t an industry that technology isn’t disrupting and that dealers need to adapt to changes happening in the automotive sector.
http://www.thedetroitbureau.com - China's auto sales have followed US sales with only mild increase through November.
http://www.mrn.com - Richard Childress Racing announces an extension of their partnership with Caterpillar and their sponsorship of the No. 31 Chevrolet in the Monster Energy NASCAR Cup Series.