Day: May 24, 2022

Used truck auction prices slipping but still historically high

Used truck auction prices dipped in April as freight demand softened, but the doubling in cost of acquiring low-mileage pre-owned equipment over the last year will take months to return to anything resembling normal.

And even with the peak crested, prices will be much higher than the historic gap between new and used Class 8 tractors, according to J.D. Power Valuation Services.

“Pricing is still extremely high by historical standards — particularly for the newest trucks available — but [auction] hammer prices for all trucks sold in April 2022 and early May 2022 were noticeably lower than earlier in the year,” Power said in its latest Guidelines newsletter.

A 3% month-over-month increase for 2018 models contrasted declines of 3.7%, 4.2% and 19.8% for 2020, 2019 and 2017 model year sleeper cabs. The big dip for 2017 models correlated with a mix of less-equipped trucks and a small sample size.

“Year-to-date,

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The Sport Sedan Is a Notch Sportier

The seventh-generation BMW 3 Series, despite somewhat ironically ranking seventh among our list of current compact sedans on sale at the time of this publishing, is a huge global sales hit. BMW says it’s moving more units and selling faster than any 3 Series before it, cresting 1.1 million cars sold since the latest-gen was introduced in 2018. That would explain the extremely conservative approach to the refreshed styling of the 2023 BMW 3 Series, now with slightly more edge for a sportier character.

The Same but Different

The first thing noticeable—okay, perhaps only to eagle-eyed BMW fans—about the new 3 design is the headlights. On the outgoing model, BMW was inspired by the small notch below the E46 generation of 3 Series’ headlights, and brought it back as a small design element in the headlight of the new car. That’s gone now, with a clean

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What to Watch: 2022 All-Star Race at Texas Motor Speedway

Everything you need to know for Sunday’s NASCAR Cup Series race at Texas Motor Speedway, the second non-points exhibition of the 2022 campaign.

Race-day info 📝

Where: Fort Worth, Texas
Approximate start time: 8 p.m. ET  | Full weekend schedule
TV/Radio: FS1, TSN, MRN, SiriusXM NASCAR Radio | Full TV schedule
Forecast: A 20% chance of showers and thunderstorms and partly sunny, with a high near 75 degrees, according to NOAA.gov | Weather tracker
Race distance: 125 laps | 187.5 miles
Stages: 25 | 25 | 25 | 50
Pit-road speed: 45 mph
Caution car speed: 55 mph
Grand prize: $1 million
All-Star format: Procedures, changes for 2022
Starting lineup: Kyle Busch claims All-Star Race pole | Tyler Reddick earns P1 for Open
Pit stalls: Assignments
 | Expert pit analysis | Changes for All-Star Race explained

Key things to watch 🔑

Big story line

Thinking about this weekend, two main

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Towing 10,000 Pounds With Ease In a Heavy-Duty EV Truck Prototype

gmc sierra-2500hd Full Overview

Thanks to first-drive opportunities, details about current 1/2-ton EV pickups’ capability are actually becoming more clear now. However, when it comes to their heavy-duty siblings, the space is filled with unanswered questions. The reason for this is that truck manufacturers haven’t turned their focus to heavy-duty EV-pickups yet—not earnestly enough for them to start talking about them, at least—so we’ve been paying close attention to Magna International’s efforts to electrify this segment, and the inroads its engineers have made since March 2021.

EtelligentForce

For decades, 2,500 (3/4-ton) and 3,500 (1-ton) pickups have been the go-to vehicles for those who require the chassis and drivetrain performance necessary to efficiently move heavy payloads. In recent years, diesel-powered Ford, GM, and Ram rigs have led the way in this area, thanks to powerplants producing huge torque, with 910 lb-ft from the 6.6-liter Duramax V-8, and

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