AUTOMAKERS LOSE FREQUENCIES
The U.S. Federal Communications Commission moved toward letting
mobile devices take over airwaves long assigned to carmakers for
vehicle safety, advancing a plan opposed by highway officials
focused on cutting crash deaths. The FCC on a 5-0 vote Thursday
proposed devoting most of the auto-safety airwaves to broadband
uses including Wi-Fi for routers, with most of the remainder of the
swath going to a new cellular connected-vehicle technology.
Source: Bloomberg
FACTORS CREATING ATTRACTIVE USED-CAR MARKET
Off-Lease Volume, New-Car Prices Among
Dynamics
Overall used-vehicle transaction prices have never been higher
than they were last quarter, according to Edmunds' latest Used
Vehicle Report released Thursday. But interestingly enough, the gap
between the average prices of 3-year-old vehicles and new vehicles
reached a third-quarter high. At play is an influx of off-lease
vehicles returning to market, more than half of which are SUVs
