Lines

Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across State Lines to Purchase a Car | News

– June 10, 2021

Car Supply Shortage Squeezes Sellers and Shoppers as Cars.com Finds Nearly 1 in 3 Recent Buyers Drove 100 Miles or More for the Car They Want1 

CHICAGO, June 10, 2021 — According to recent research from leading digital automotive marketplace and solutions provider Cars.comTM (NYSE: CARS), nearly 10% of recent car buyers drove out of state to purchase their desired vehicle, with more than half (52%) of those traveling 25 miles, nearly 20% traveling 50 miles and 13% of buyers traveling more than 250 miles to a dealership due to ongoing new- and used-car inventory shortages.

“With the current auto inventory challenges, recent car buyers are going to great lengths to find the car they want,” said Kelsey Mays, Cars.com assistant managing editor, news. “I don’t anticipate this trend slowing down, either. Of consumers currently in the market and shopping for a car,

Read More

GM Hesitant on Truck Brake Lines Despite Massive Recall Campaign

Under scrutiny from the National Highway Traffic Safety Administration (NHTSA), Congress, and the car-buying public, General Motors has issued an unprecedented number of recalls in 2014, now affecting nearly 26 million vehicles. But Bloomberg reports the company has been hesitant to take action on a safety issue that has been under investigation by NHTSA since 2011. The agency received reports of brake line corrosion and failure in ’99-’03–model fullsize trucks and SUVs. A total of 1.8 million vehicles could be potentially affected. The agency has received reports of 26 crashes, three injuries, and 10 instances where the vehicle had to be steered off the road or into another lane to avoid a collision.

According to the report, GM offers a repair kit for the brake lines available to both dealerships as well as independent repair shops. The repair typically costs $500. GM says regular inspection of the brake lines is

Read More