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News   August 2, 2018   by Allan Janssen

BY THE NUMBERS: What we learned in August 2018

As seen in the most recent issue of CARS magazine, here are some statistics that put the North American automotive aftermarket into perspective.


85%

Percentage of Americans – of all ages – who say they want the option to drive a car themselves, rather than simply be a passenger in an autonomous vehicle.

Hagerty survey of 1000 U.S. drivers

 

2x

According to roadside data, vehicles 10 years and older are twice as likely to be stranded at the roadside, and four times more likely to require a tow.

American Automobile Association

 

500,000

Number of CAA members in South Central Ontario expected to require roadside assistance this summer. That includes battery assist (last summer, over 80,000 members needed that assistance), light service like gas top-ups and locked-in keys (100,000) and roadside tows (230,000).

Canadian Automobile Association

 

48

Number of problems per 100 vehicles found in the Porsche 911 – the lowest of all models studied in 2018. It was also the lowest problem incidence ever recorded in this generation of the study (2013-2018).

J.D. Power 2018 U.S. Initial Quality Study

 

15%

Share of Canadian light vehicle sales captured by the most popular vehicle brand in the country: Ford. It is followed by Toyota (9.9%), Honda (8.6%), Chevrolet (7.9%), and Hyundai (7.2%).

Jumpstart Automotive Media, Insights Book – 2017-2018 edition

 

$3,002

Projected maintenance and repair cost, over five years, of owning a 2018 Hyundai Accent. The Accent’s US $553 repair bill and US $2,449 maintenance cost was the lowest in the compact category. (Our May 2018 Numbers page did not specify that this only covered maintenance and repair costs.)

Kelley Blue Book Five-Year Cost-to-Own Awards

 

USD$31,455

The average new-vehicle loan in the United States in the first quarter of 2018 – an increase of $921 from the previous year.The monthly payment for a new vehicle rose to $523, a $15 increase over the same period.

Experian’s State of the Automotive Finance Market Report

 

3.1 million

The number of electric vehicles (including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles) on roads worldwide in 2017 – and increase of 57 percent over 2016.

International Energy Agency

 

41 per cent

Percentage of vehicle owners that refer to the air pressure stamped on the tire’s sidewall when trying to identify the correct pressure for their tires. (This imprinted sidewall pressure is the maximum pressure a tire can contain under load, not the recommended pressure.)

Survey by Leger on behalf of tire makers

 

47.7%

Fewer than half of sedan owners bought another sedan in 2017 when it was time to replace their car. That’s down 8.5 percentage points since 2012 when sedans led the industry in loyalty.

IHS Markit analysis of 17.1 million new vehicle registrations

 

 


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