National automobile – Auto Dealer National http://autodealernational.com/ Mon, 09 Aug 2021 09:07:31 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://autodealernational.com/wp-content/uploads/2021/06/cropped-icon-32x32.png National automobile – Auto Dealer National http://autodealernational.com/ 32 32 Retail auto sales accelerate in July as COVID restrictions ease across the country https://autodealernational.com/retail-auto-sales-accelerate-in-july-as-covid-restrictions-ease-across-the-country/ https://autodealernational.com/retail-auto-sales-accelerate-in-july-as-covid-restrictions-ease-across-the-country/#respond Mon, 09 Aug 2021 05:28:56 +0000 https://autodealernational.com/retail-auto-sales-accelerate-in-july-as-covid-restrictions-ease-across-the-country/ Retail auto sales in India rebounded strongly in July with the opening of dealerships across the country as restrictions imposed by COVID were relaxed in affected states, the FADA dealer body said on Monday. All vehicle segments, including passenger vehicles, two-wheelers and utility vehicles, saw strong sales growth last month. Total sales increased 34 percent […]]]>

Retail auto sales in India rebounded strongly in July with the opening of dealerships across the country as restrictions imposed by COVID were relaxed in affected states, the FADA dealer body said on Monday.

All vehicle segments, including passenger vehicles, two-wheelers and utility vehicles, saw strong sales growth last month.

Total sales increased 34 percent to 15,567,777 units in July, compared to 11,60,721 units in the same month last year.

“With the whole country now open, July was marked by a solid recovery in retail auto sales, with demand in all categories remaining high. In addition, the weak base effect also continues to play its role, ” Federation of Automobile Dealers Associations (FADA) President Vinkesh Gulati said in a statement.

Passenger vehicle sales rose 63% to 2,61,744 units last month, up from 1,60,681 units in July 2020.

Gulati noted that the segment has seen strong demand with a buzz around new launches and compact SUV models.

However, long wait times due to supply side constraints have persisted for the past few months and are becoming a source of concern for original equipment manufacturers (OEMs), he added.

Sales of two-wheelers increased 28% to 11 32,611 units last month, up from 8 87,937 units in July 2020.

The two-wheeler segment continues to experience positive year-over-year demand. However, the recovery rate remains slow as customers at the bottom of the pyramid suffer from low disposable income and rural markets where COVID cases were high during the second wave, ” Gulati noted.

Retail sales of commercial vehicles more than doubled in July to 52,130 units, from 19,602 units in the same month last year.

Gulati noted that the segment is growing due to increased demand, especially in the medium and heavy commercial vehicle (M & HCV) segment, with the government rolling out infrastructure projects in many parts of the country.

Regarding the business outlook, he added that August started on a positive note as demand and survey levels continue to improve across all categories.

With IMD forecasting a normal monsoon during the August-September period, planting operations will gradually resume. This will have an erasing effect on rural sales, especially in the tractor segment, ” Gulati said.

In July, tractor sales rose 7% to 82,388 units, from 77,257 units in July 2020.

Gulati said the semiconductor shortage problem is now becoming a deeply rooted issue for the passenger vehicle (PV) segment which is now above the pre-pandemic mark.

FADA has been raising the red flag for some time on the mismatch between demand and supply, he added.

In an internal survey conducted by FADA, 60% of resellers in the PV segment said they had at least two months of waiting time for some variants. Likewise, 35% of dealers also said that the waiting period is more than four months for some variants, ”said Gulati.

Besides the shortage of chips, the delta variant of COVID if it becomes disproportionate can be another deterrent and hamper the recovery of automotive retailing as India enters the months of the holiday season, he said. note.

FADA said it collected vehicle registration data from 1,305 of 1,519 regional transport offices (RTOs).

Founded in 1964, FADA is the national umbrella body for the automotive retail industry in the country. It represents over 15,000 car dealerships with 26,500 dealers across India.

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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The best stocks of electric cars to buy today? 3 To know https://autodealernational.com/the-best-stocks-of-electric-cars-to-buy-today-3-to-know/ https://autodealernational.com/the-best-stocks-of-electric-cars-to-buy-today-3-to-know/#respond Fri, 06 Aug 2021 18:29:24 +0000 https://autodealernational.com/the-best-stocks-of-electric-cars-to-buy-today-3-to-know/ 3 trending EV stocks to watch in the stock market today If you followed stock Exchange news this year you will know the stocks of electric cars. More commonly, most would call these cars electric vehicles (EVs). Today, the current momentum of this industry is mainly due to the major environmental issues of our world […]]]>

If you followed stock Exchange news this year you will know the stocks of electric cars. More commonly, most would call these cars electric vehicles (EVs). Today, the current momentum of this industry is mainly due to the major environmental issues of our world today. With concerns about global warming and climate change, electric cars would become more and more relevant. Just this week, the news broke that President Biden intended to announce a new national target for domestic sales of electric vehicles. This primarily affects electric cars accounting for half of all new vehicle sales in the United States by 2030. As a result, investors might see a top-notch opportunity. electric car stocks on the stock market today.

On the one hand, investors have no shortage of options. Of course, many would be familiar with the likes of You’re here (NASDAQ: TSLA). It is the leading name in the industry after all. Pair that with its clean energy home grid solutions and TSLA’s stock would now benefit from the global green wave. Elsewhere, another rapidly growing space in the electric vehicle industry to know about now would be the Chinese market. Big names such as Xpeng (NYSE: XPEV) and Li Auto (NASDAQ: LI) would come into play in this space. In particular, Xpeng recently won over investors by delivering a record number of electric vehicles last month. Notably, it has seen a 288% year-over-year increase.

Overall, the case of best stocks of electric cars continues to grow every day. This would be the case with massive government support and persistent consumer demand. Given all of this, you might be looking to invest in some of the best EV stocks yourself. If so, here are three that are worth knowing now.

Best Electric Car Stocks To Buy [Or Sell] This month

Ford Motor Company

To begin with, we’ll take a look at the Ford Motor Company. This legacy automotive manufacturing is a titan in today’s automotive industry. Like most of its peers, the company is gradually moving towards a fully electrified fleet. Given the current popularity of Ford’s offerings, a switch to electric cars would be appropriate. US customers looking to upgrade their current vehicles would have more alternatives available and Ford could keep up with current industry trends. Could all of this make the F stock a top electric car stock to consider?

If anything, Ford doesn’t appear to be slowing down anytime soon. In its latest quarterly tax report released last week, the company posted total revenue of $ 26.75 billion for the quarter. This represents a considerable increase of 38% year over year. On top of all this, Ford also released some solid numbers in its July 2021 sales update. In it, the company saw sales of its Mustang Mach-E electric car rise 15.8 percent from month to month. At the same time, bookings for the Ford F-150 Lightning truck currently stand at over 120,000. Overall, it appears that demand for Ford’s current offerings remains strong.

While all of this is great, Ford continues to aim for its goal of electrifying its portfolio. The company is currently aiming to invest $ 22 billion by 2025 to do so. Overall, Ford vice president of US and Canadian sales Andrew Frick said: “With our strong portfolio of new products, robust transaction prices and a large order bank, we are perfectly positioned for significant growth as the semiconductor chip situation improves.“Given all of this, some would say the F-stock might have more room to move forward. Would you say the same?

Source: TD Ameritrade CGU

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Nio inc.

Another company to consider in the electric vehicle industry today would be Nio. In short, the company is one of the leading designers and manufacturers of intelligent electric vehicles with autonomous driving capabilities. For the most part, Nio primarily caters to the burgeoning Chinese consumer electric vehicle market. To put it in perspective, today it is the largest electric vehicle market in the world and continues to grow significantly. According to the China Association of Automobile Manufacturers, sales of new energy vehicles in China could increase by more than 40% per year until 2025. With Nio’s offerings being a prime option there, it is not. surprising that investors are now eyeing NIO shares.

Of course, the company’s shares are already sitting on gains of over 220% over the past year. However, Nio nevertheless appears to be shifting into high gear operationally. Earlier this week, the company released stellar numbers in its July 2021 delivery update. In it, Nio delivered a total of 7,931 vehicles in July, indicating a whopping 124.5% increase in year after year.

All things considered, I can understand if NIO’s stock is currently at the center of the major electric car stocks. Overall, the company continues to exceed expectations and expand its business. This is clear from its efforts to penetrate the European market right down to its battery swap plans. With Nio set to release its second quarter results next week, would you consider NIO stock to be one of the best buys right now?

NIO actionSource: TD Ameritrade CGU

[Read More] 4 artificial intelligence stocks to watch right now

General Motors Company

Similar to our first entry, General Motors (GM) is another historic automaker turning to electric vehicles. As you might expect, the company designs, manufactures and markets its wide range of automotive offerings around the world. When it comes to its electric car projects, GM plans to have a fully electrified portfolio by 2035. Among its flagship brands, the company’s Cadillac division is looking to have a fully electric lineup by 2030. All of this. Would it make GM’s stock a market-leading electric car now?

Well, for one thing, German Bank (NYSE: DB) analyst Emmanuel Rosner seems to believe it. On Thursday, the analyst hit GM stock with a buy rating and a price target of $ 68. That would indicate a potential rise of 24.9% from its current price of $ 54.44 at Thursday’s closing bell. Notably, Rosner appears to be bullish on GM stocks despite the company’s recent earnings.

In detail, GM reported earnings per share of $ 1.97 on revenue of $ 34.17 billion for the quarter. This is compared to estimates of $ 2.23 and $ 30.9 billion. Among other factors, the company is also facing the global shortage of semiconductor chips. Regardless, GM appears optimistic about its long-term growth prospects, raising its outlook for 2021. CFO Paul Jacobson said: “The year is actually going quite well and I think we exceeded all of those initial expectations to go beyond what we thought we could do at the start of the year.“In light of all this, will you be adding GM stocks to your portfolio?

electric car stocks (GM Stock)Source: TD Ameritrade CGU

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Getting a new car a year after the end of WWII continued to be difficult https://autodealernational.com/getting-a-new-car-a-year-after-the-end-of-wwii-continued-to-be-difficult/ https://autodealernational.com/getting-a-new-car-a-year-after-the-end-of-wwii-continued-to-be-difficult/#respond Fri, 06 Aug 2021 12:05:55 +0000 https://autodealernational.com/getting-a-new-car-a-year-after-the-end-of-wwii-continued-to-be-difficult/ Many people were driving around Henderson in late 1946 with money in their pockets but unable to buy the new car they wanted to drive. “A year ago the public thought there would be a lot of new cars around that time,” began an infomercial that appeared in The Gleaner on Aug. 12, 1946. “Today […]]]>

Many people were driving around Henderson in late 1946 with money in their pockets but unable to buy the new car they wanted to drive.

“A year ago the public thought there would be a lot of new cars around that time,” began an infomercial that appeared in The Gleaner on Aug. 12, 1946. “Today there are very few new cars. on the market than there was a year ago.

“Every car dealership has a long list of people who have downpaid a new car and probably won’t get a new one for many months. “

This infomercial plugged in the relatively new auto repair shop that Delbert Austrew had opened at the corner of Center and Clark streets. (Fire has destroyed this concrete block building in recent years.)


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Everything you need to know when buying a used vehicle https://autodealernational.com/everything-you-need-to-know-when-buying-a-used-vehicle/ https://autodealernational.com/everything-you-need-to-know-when-buying-a-used-vehicle/#respond Thu, 05 Aug 2021 01:01:39 +0000 https://autodealernational.com/everything-you-need-to-know-when-buying-a-used-vehicle/ Finding a new car for you is an exciting, but nerve-racking experience. With many unknown variables surrounding used vehicles, including the history, maintenance, and depreciation of the car, it can be difficult to find the right one, especially when it comes to keeping you and yourself. your money, out of the repair shop. While not […]]]>

Finding a new car for you is an exciting, but nerve-racking experience. With many unknown variables surrounding used vehicles, including the history, maintenance, and depreciation of the car, it can be difficult to find the right one, especially when it comes to keeping you and yourself. your money, out of the repair shop. While not exhaustive (no pun intended), this KSL Cars buying guide should get you on the right track.

Before you start looking

The first thing to consider when buying a used car is your needs and wants. In other words, what are you renting this car for?

Research different makes and models before you start researching specific ads. With traditional publications including Car and driver and Motor trend, not to mention countless YouTube channels like the one in Utah Everyday driver and Ben hardy, finding reviews and recommendations on vehicles that will meet your needs should be a simple and enjoyable endeavor.

Be realistic about what you can afford. Anticipate the cost of the vehicle (including taxes, title, license and other registration fees) and stay within your budget. This eliminates a host of vehicles and allows you to focus on the best options for your money. Don’t be poor with a car, but get the best car that your budget allows.

To buy a car

With more than 64,000 cars in its database, KSL cars is sure to have the make and model you are looking for. You can also purchase vehicles using the KSL Classifieds app (available from App Store or google play). Enter the search parameters – make, model, mileage, year, price, trim level, etc. – and create a saved search. You can customize the app home screen to display your saved search results every time you open the app and / or receive notifications whenever ads are added that meet your criteria. You can also narrow your search as close or as far away as you want to test vehicles.

Savvy auto consumers also check the price of listed vehicles against the values ​​of Kelley Blue Book and the National Association of Automobile Dealers. (Banks and credit unions also rely on these companies for loan decisions.) Use this value as a starting point for negotiations.

You are now ready to contact the seller and make an appointment to view the vehicle, whether it is for sale by the owner or a dealer.

Work with private sellers

When buying a used car, working with private sellers can increase the likelihood of learning its history. Dealers rarely know a vehicle’s history or have a record of it beyond a Carfax report and possibly some maintenance records if the car has been serviced there.

Questions to ask

What is the story behind buying and using the car? Why sell it now? Observe how the salesperson talks about the car and his experience as a owner. This is a good indication of how well the seller may have taken care of the vehicle and its reliability.

What work has been done on the car? Have major components been replaced? How much money did the seller put in the vehicle? Maintenance histories and service records are extremely valuable in the decision making process. Ask to see any documentation the seller has on hand.

You can also ask the seller for a Carfax or AutoHistory report. This is optional but highly recommended. Reports usually show title status (cleaned, rebuilt, recovered, etc.) and crash history. In some cases, the maintenance history is also displayed.

Everything you need to know when buying a used vehicle
Photo: Shutterstock

Car inspection

Perform a full exterior check, carefully examining each side and angle. How is the body? Are there any scratches or dents? Discoloration or rust? Get down on your knees and look below to check for deterioration. A little rust on the undercarriage is expected, especially here in Utah. But if excessive rust is visible, it’s best to get a second opinion from a third-party inspection service (see more below). Remember to check the condition of the tires. Signs of uneven wear, sun cracks or a low tread mean the tires need to be replaced.

Then do an interior check. Look for general cleanliness, stains, unusual or excessive wear and tear on seats and carpet. Your inspection should also include your sense of smell. If the interior of the vehicle smells musty or damp, there is reason to be concerned about mold, rust, or other potential issues. If the roof has water spots, it could be a sign of a sunroof or a leaking windshield.

Test the functionality of all controls and switches when inspecting the interior. Insert the key and observe the instrument cluster. Do the lights stay on after starting the car? If so, be sure to ask if the seller knows what caused the light to come on. If they don’t know, proceed with caution.

It’s time to open the hood. Perhaps the most important thing is checking the engine. Examine the hoses and straps. Are they cracked or worn? Also look at the coolant in the radiator. What color is it? If it appears gray and milky, it usually indicates a problem with the head gasket. Check other fluid levels in their containers, including the level and color of the oil.

Tips for a good test drive

Before deciding whether to buy a car or not, test the vehicle under different circumstances, at both ends of its performance spectrum.

On ignition, note the starting time. If this sounds unusually long, be sure to ask about it. Listen for clicking, clicking or any other unusual sound.

Notice how the acceleration feels. Does it shake or stutter? Try different speeds. Go through the city streets, but be sure to take the freeway. Is the vehicle going straight or pulling to the side? If he shoots, he might need alignment.

Make sure to test the brakes. Does the vehicle stop quickly? Does the steering wheel shake or vibrate excessively while doing so?

If it is a manual transmission, how does it work? Does it pass easily in speed? If it’s an automatic transmission, does it shift smoothly or does it feel rough / retarded?

Make an offer

If you have reason to be concerned with the car, or if that is just not what you are looking for, be good to go no matter how nice the person seems.

On the other hand, if the car meets your expectations and is right for you, be prepared to make a fair offer and commit to the purchase. Either way, it’s best to be honest and transparent about your intentions.

Work with dealers

When working with a dealership, the inspection and road test process is pretty much the same as with a private party. Dealers have a lot of used inventory, which can make shopping convenient and easy, but be aware that you may be depriving yourself of it when it comes to history, maintenance, and price negotiation.

Most dealerships have very slim margins on their used cars. While you can negotiate the price significantly on a new car, don’t expect the same negotiating room for a used car. The seller may be able to adjust a few hundred dollars, but probably not much more than that. There are also additional charges to consider as part of the total purchase price when working with a dealer rather than a private seller.

A dealership is unlikely to have a history on the car. The seller can provide you with a Carfax or potential maintenance records if the car has been serviced at the dealership. Other than that, the service history can be a bit of a gamble.

Everything you need to know when buying a used vehicle
Photo: Shutterstock

Third party pre-purchase inspection

If you are seriously considering purchasing a vehicle, whether from a private seller or a dealership, it is a good idea to arrange for a third party pre-purchase inspection. A PPI is typically around $ 100. A third-party mechanic will give you an honest assessment of the vehicle and point out the main areas of concern.

Even if the car looks and drives well, a PPI can still be worth the cost to make sure there aren’t any hidden issues lurking in its new owner.

Payment and paperwork

Completing the sale is a fairly straightforward process. If you are purchasing a vehicle from a private individual, you will only need a copy of the deed of sale and vehicle title deed. Dealers may require a few additional documents, which they will ask you for. Expect additional paperwork if you finance the vehicle through the dealership, bank, or credit union.

If you are purchasing the vehicle directly, use a secure means to complete the transaction. A cashier’s check for the exact amount of the purchase is often the preferred method of payment. If the seller requests another payment method such as an app, make sure it is well known and has adequate security features.

Finally, you will need to register the vehicle with the Motor Vehicle Division in your area after making a purchase from a private seller. If you closed with a dealership, this step should be taken care of for you.

Whether new or used, KSL cars has the car for you. Follow KSL Cars on Instagram and Facebook for automotive news, local spotlights and giveaways. Do you or someone you know have a great car history? We want to present it! Send us a message at cars@ksl.com.

About the Author: Having owned everything from a DeLorean to an E46 M3 to a Toyota Land Cruiser, Jason Bell is a lifelong car enthusiast who enjoys sharing his passions as a teacher, writer, speaker. and responsible for social media. Contact him at jasonbellcars@gmail.com for comments / questions, or just to say “hello”.

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Inflation: house prices will have an impact on the duration of the problem https://autodealernational.com/inflation-house-prices-will-have-an-impact-on-the-duration-of-the-problem/ https://autodealernational.com/inflation-house-prices-will-have-an-impact-on-the-duration-of-the-problem/#respond Tue, 03 Aug 2021 10:30:07 +0000 https://autodealernational.com/inflation-house-prices-will-have-an-impact-on-the-duration-of-the-problem/ A real estate sign in Vienna, Virginia in 2014. (Larry Downing / Reuters) The extent to which inflation is “transient” may depend on whether recent housing price spikes translate into increases in rents and housing services. Ja experienced the third consecutive monthly rise in inflation, with an annual rate of 5.4% and core inflation (excluding […]]]>

A real estate sign in Vienna, Virginia in 2014. (Larry Downing / Reuters)

The extent to which inflation is “transient” may depend on whether recent housing price spikes translate into increases in rents and housing services.

Ja experienced the third consecutive monthly rise in inflation, with an annual rate of 5.4% and core inflation (excluding gas and energy prices) reaching 4.5%. the core inflation month-to-month interest rates make the picture of accelerating inflation even bleaker, as month-to-month measurements have been operating at a rate never seen since the early 1980s.

Economic policymakers explained the data by pointing to short-term pandemic-related phenomena such as higher prices for trucks and used cars (which account for about a third of the increase) or “base effects” , that is to say, inflation is rebounding after falling to a low level in March 2020. In short, the argument continues to be advanced, but with a little more hesitation than before, than this news rise in inflation is “transient”. Adding some force to this case, other measures of inflation such as the “truncated average” and “median” inflation rates published by the Federal Reserve Bank of Cleveland, which removes outliers such as used cars and trucks, show much lower inflation rates (Year-over-year rates of 2.90% and 2.21%, respectively).

While it is likely that used car prices and other distortions related to the pandemic will subside before too long, price pressure in another sector of the economy could have a significant impact on the economy. inflation in the future, namely housing. In recent months, we have seen huge increases in house prices almost in the range of 15% year over year, based on the Case-Shiller Home Price Index.

However, due to the way housing is integrated with inflation measures, these increases have not yet significantly marked the inflation data. The house prices themselves are not included in inflation. Instead, the Consumer Price Index (CPI) measures the housing cost, which is divided into two components, the actual rents and what is known as the owners’ principal residence equivalent rent (REL). The REL is determined by determining the amount of rent that can be charged for a home occupied by its owner. “Shelter” represents as much as 33 percent of the CPI basket released by the Bureau of Labor Statistics.

Why hasn’t it appeared in the inflation data yet? History suggests there is a lag between house prices and rent increases of about five quarters (ie rents are “sticky”). An increase in rent prices of just a few percentage points could indicate sustained inflation in the future and change the discourse on “transient” inflation. Prediction markets now estimate a 61% probability of month-over-month inflation exceeded 0.6% in July. Housing provides a good example of how monetary policy affects the “real” economy. A rise in interest rates too early could dampen mortgage borrowing and dampen the real estate markets, potentially causing a real estate crash, with all the damage that can result (as we saw in 2008). Many accuse the Federal Reserve of raising the federal funds rate in 2006 as one of the contributing factors to the global financial crisis. They argue that high interest rates deterred buying a home (since higher mortgage rates make buying a home more difficult), which then led to a bigger crash. Unfortunately, it is the poor who suffer when the housing market collapses. As economists Amir Sufi and Atif Mian show in their classic book Debt house, people in the lowest income quintiles suffered the most damage to their net worth during the Great Recession, as they tend to borrow the most mortgage debt (as a fraction of their income) and disproportionate amount of their wealth is concentrated in housing compared to the rich.

It is also important to remember that inflation also disproportionately hurts the poor. Goods and services purchased by people in lower income quintiles experience higher inflation rates, economist says Xavier Jaravel showed. In addition to this, the poor spend more of their income on consumption, which means that the purchasing power of their total income declines much faster, especially when real wages turn negative as they are now.

The timeframe within which the Fed will reduce the monetary accommodation and raise interest rates largely depends on how inflation evolves. It is possible that inflation will fall back on its own towards the Fed’s long-term inflation target of 2% after the supply shortages caused by the pandemic disappear. (It should be noted that in August 2020, the Fed adopted a “flexible average inflation target,” which means that instead of targeting 2% inflation at any time, it can deviate from this target. target for a period of time up to 2%. Average inflation is reached over an indefinite period of time.)

However, even if these transient effects fade, it is possible that rising house prices will keep inflation up and contribute to a durably higher inflation rate. The longer inflation stays high, the more likely it is that inflation expectations will become ‘unanchored’ (that is, individuals on the margin no longer believe that the Fed is committed to its target. inflation), leading to self-sustaining inflation at a rate well above where the Fed would like it to be.

If this turns out to be the case, the Fed will realize at some point the need to fight inflation, start cutting back on asset purchases, and signal less accommodative interest policy in its forecast. . Fed Chairman Jay Powell has suggested he is embarking on this data-dependent approach (balancing inflation concerns with full employment as required by the Fed’s dual tenure) and will continue. likely this route, assuming he is able to secure another nomination as president (betting markets at the time of this writing predict that Powell has about 80% chance of being reappointed by President Biden).

Either way, we’ll get back to target inflation; one path simply requires a very different political regime (eg, ending asset purchases faster and raising rates sooner). And this trajectory will depend greatly on the evolution of other inflation dynamics, in particular housing. Even the New York Times agrees, citing the cost of housing as something to watch out for.

The Gray Lady is not always wrong.

Jon Hartley has a doctorate in economics. student at Stanford University and visiting scholar at the Equal Opportunities Research Foundation. He previously served as Senior Policy Advisor to the Congress Joint Economic Committee.



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Relieving traffic jams is the best way to improve access to employment »Publications» Washington Policy Center https://autodealernational.com/relieving-traffic-jams-is-the-best-way-to-improve-access-to-employment-publications-washington-policy-center/ https://autodealernational.com/relieving-traffic-jams-is-the-best-way-to-improve-access-to-employment-publications-washington-policy-center/#respond Fri, 23 Jul 2021 18:12:56 +0000 https://autodealernational.com/relieving-traffic-jams-is-the-best-way-to-improve-access-to-employment-publications-washington-policy-center/ A recent presentation by INRIX to the Washington State Transportation Commission (WSTC) showed the impact that reducing congestion could have by giving people better access to more jobs at just a half- Seattle time. Bob Pishue and Ted Trepanier, on behalf of INRIX, presented the latest The data from the 14th edition INRIX Global Traffic […]]]>

A recent presentation by INRIX to the Washington State Transportation Commission (WSTC) showed the impact that reducing congestion could have by giving people better access to more jobs at just a half- Seattle time.

Bob Pishue and Ted Trepanier, on behalf of INRIX, presented the latest The data from the 14th edition INRIX Global Traffic Scorecard, which classifies and analyzes traffic jams in 1,000 cities around the world. INRIX examines both commuting behaviors and trends, including the impact of COVID-19 on drivers and cities.

In 2020, according to the report, Seattle ranked 15the most congested city in the United States and 130e most congested city in the world. People lost 25 hours in traffic jams, or about $ 365 per driver. This is a 67% reduction from 2019. Data also showed a reduction in kilometers traveled by vehicles in 2020 – as well as a fairly rapid recovery in 2021 to pre-pandemic levels.

Baruch Feigenbaum of the Reason Foundation, in a to study on increasing mobility in Southern California, noted that traffic congestion is significant because it affects the size of the labor market. He says, “Most people won’t spend more than a certain amount of time each day getting to work. As congestion increases, the number of kilometers they can travel in that time frame decreases. He goes on to say that in a large metropolitan area, “economic productivity depends on matching qualified employees with employers who can make the most of their capabilities.” This productivity is achieved when the size of the labor market increases. Remy Prud-homme and Chang-Woon Lee studied the relationship between commuting times and labor productivity in French cities and found that “when the effective size of the labor market increases by 10%, productivity (and therefore economic output) increased by 1.8%.

The value of reducing congestion to a job market was well illustrated by an INRIX driving time visualization for Seattle that showed the distance people could travel from downtown to the outdoors in a half hour to 8:30 am – in 2019 (blue) compared to 2020 (Orange).

The data shows what access to employment could look like with significant reductions in traffic jams, especially during the evening rush hours which have largely returned to pre-pandemic levels. This would have the dual benefit of giving people more employment options and giving employers a larger pool of employees to choose from in the workforce.

Pishue calculated the difference between workers who can get to downtown Seattle in 30 minutes in 2019 versus a less crowded 2020. According to its findings, at 8:30 am, more than 507,000 workers were within 30 minutes of downtown in 2019, up from 802,000 in 2020. This represents an increase of 58%.

“Reducing traffic congestion is one of the best ways to improve access to vital goods and services, expand a company’s customer base, and attract employees with a smoother commute,” said Pishue. “With increasing competition for employees, reducing congestion dramatically increases the potential labor pool for employers. “

Wendell Cox, a national transportation expert and urban policy analyst, often writes about the importance of giving people access to the most jobs within half an hour to reduce poverty and increase opportunities for wealth. In his study for WPC, he recommends orienting policy towards reducing commuting times to employment, especially since the overwhelming share of population and increasing employment in Puget Sound are outside the city of Seattle. Although Seattle has seen significant growth since 2010, over 85% of jobs are located outside of the downtown area.

Transit, Cox noted, serves a niche market – with 48% of trips to downtown Seattle made by public transit and a 9.3% share to the rest of the city. Only 3.5% of work travel destinations in the rest of Puget Sound are reached by public transit. In other words, most people outside of the city center drive to work.

Cox’s goal is to reduce poverty by giving people competitive and rapid access to employment. In most cases, the data shows that the automobile is the best way to achieve this. The University of Minnesota “Access across AmericaShowed that in 2019, residents of U.S. metropolitan areas could access 47% of jobs by car in 30 minutes, compared to 8% of jobs in public transit. Even in the New York metropolitan area, drivers can access 13% of jobs in 30 minutes by car, compared to just 14% of jobs in 60 minutes by public transit.

As policymakers reflect on transportation planning, equity issues, and public funding of transportation projects during the COVID recovery, they should consider access to employment as a key measure of performance and longevity. ‘equity. Improving access to employment will require accommodating rather than limiting car travel. This will require policies that will make it easier for low-income people to own a car, rather than remaining dependent on public transport. It will also require increased road capacity and reduced congestion to enable reliable and safe daily journeys; encourage teleworking where it makes sense; and the promotion of technological innovation and modernization in public transport agencies so that public transport is more efficient and responsive to users.

Needless to say, transport solutions are usually a mixture of effort. However, as research by Cox and INRIX indicates, increasing the number of jobs people can reach in half an hour by car is an important starting point and should be a priority if authorities care. lift people out of poverty and improve the quality of life. .


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Brandaun Dean is the first Democrat to run for the US Senate https://autodealernational.com/brandaun-dean-is-the-first-democrat-to-run-for-the-us-senate/ https://autodealernational.com/brandaun-dean-is-the-first-democrat-to-run-for-the-us-senate/#respond Tue, 20 Jul 2021 12:30:40 +0000 https://autodealernational.com/brandaun-dean-is-the-first-democrat-to-run-for-the-us-senate/ Former Brighton Mayor Brandaun Dean is running for the US Senate as a Democrat. He is the first Democratic Party candidate to announce his candidacy for the 2022 Senate race. Dean spoke with APR on his candidacy. Dean said his campaign had been largely “ignored by the Democratic Party establishment and the media,” adding: “I […]]]>

Former Brighton Mayor Brandaun Dean is running for the US Senate as a Democrat. He is the first Democratic Party candidate to announce his candidacy for the 2022 Senate race.

Dean spoke with APR on his candidacy. Dean said his campaign had been largely “ignored by the Democratic Party establishment and the media,” adding: “I am disappointed that with all that is at stake and with the history of Alabama, my campaign did not attract more attention, “said the dean.

Dean said it “took him a year to recover after what the outgoing or outgoing Secretary of State did to get me away from the Alabama electorate.” Dean said he was in favor of reparations for the descendants of those once enslaved.

He is also a supporter of the “Green New Deal because repairs will be pointless if we have to live in bubbles”.

Dean said that while he enjoyed his tenure as Mayor of Brighton, many of the issues that interested him, even then, were best addressed at the state or federal level. These include legislation to legalize recreational marijuana, the state of Puerto Rico, the state of DC, tackling climate change, thriving wildlife and clean oceans and rivers.

Dean said there was some confusion about his religion.

“I was born and raised a Baptist, and I’m a Christian,” Deans said. “I am a member of the Mountain Brook Baptist Church.” Now he will worship in the mosque, and I am open to other faiths. I have Orthodox Jewish friends.

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Dean said he has been working on running for the US Senate for some time and is considering running for New York if Chuck Schumer retires. Dean said he was considering running for senator from Pennsylvania when Pat Toomey announced he was retiring.

“In the end, I brought him back to Alabama and Pennsylvania,” said Dean, who has worked and lived in Philadelphia as well as his native Alabama. “I voted in Pennsylvania in the 2020 general election, but Alabama is my home.”

“I had to take this different route to the Senate,” Dean added.

APR asked if he would not have run for the Senate if Richard Shelby had not retired. Dean denied this.

“I wanted to race against Richard Shelby,” Dean said. “I was not afraid of Richard Shelby.”

“I’ve spoken to Richard Shelby before,” added Dean. “I went to the same high school as Richard Shelby.”

Dean recently criticized some members of the black community for their over-idealization of black celebrities and athletes.

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“We’ve waited long enough for the select group of educated, well-located blacks to show up for the rest of us,” Dean said. “They don’t come because they don’t see us as valuable beyond playing menial roles. We have to put an end to the idea of ​​a celebrity and an elite class in the black world. None of these people are gods.

According to his website, Dean became the youngest mayor in the state of Alabama and the youngest African-American municipal government leader in the country when he was elected mayor of his hometown of Brighton, Alabama, on August 23, 2016, at the age of 24. If elected, Dean would be the youngest member of the US Senate. Outgoing President Richard Shelby, R-Alabama, is not running for a seventh term.

On his website, Dean cited a number of accomplishments during his brief tenure as Mayor of Brighton, including:

  • manage a municipal budget of $ 2.3 million
  • supervise five appointed officers
  • propose and pass a municipal law decriminalizing the recreational use of marijuana
  • declaring Brighton a sanctuary city for immigrant families
  • increase the wages of city employees to $ 15 an hour
  • finance the reopening of the city’s only community center
  • clear public lands neglected by failed public works for more than twenty years
  • name the most diverse cohort of officers in the city’s history
  • solicit the intervention of law enforcement and local county prosecutors to review the practices of a municipal police department with ethical issues
  • initiate cost reduction and efficiency measures while offering a better quality of public safety and public works services to the city’s 2,900 citizens.

Dean said on his website that his tenure as mayor was marked by bold positions on national issues; but locally, despite little cooperation from city council, he saved employee health insurance by making a surprise appearance at a five-member insurance board hearing where he illustrated the city’s struggles but its willingness to cooperate with claims in order to avoid loss of coverage. Dean said that by working with the town’s attorney, he was also able to draft and pass a resolution that automates the payment of the town’s waste management contract, to avoid any future disruption in service.

Dean’s daring approach made him many enemies. During his first six months in office, Dean said his car was vandalized, the police unsuccessfully attempted to search the house he shared with his grandmother, and he was reported to the police. Alabama Ethics Commission for illegal use of a police car after using the vehicle to attend a world leadership conference while repairs to his vandalized personal car were underway.

After a year-long legal battle with past appointments to remove Dean from office, a Circuit Court ordered a run-off between Dean and former mayor Eddie Cooper. Dean had initially received nearly three times as many votes as Cooper, but due to non-compliance with the specifics of Alabama’s election laws, the court determined that Dean had six votes less than the number of votes required to avoid the second round.

Dean opted out of the second round because he feared the city’s financial woes, diminishing board ethics, and the voting rights issues presented by the ruling were issues he could more effectively address. outside the mayor’s office.

After leaving the mayor’s office, Dean continued to research and design a comprehensive program on social justice. He also broadened his advocacy for the decriminalization of marijuana by working with New Jersey Senator Cory Booker on a resolution that would legalize use nationwide. He was part of the nationwide campaign fundraising network for California Senator Kamala Harris and also supported the election of Atlanta Mayor Keisha Lance Bottoms and Alabama Senator Doug Jones. In July 2017, he was named to the board of directors of the Dream Forever Foundation led by Jameis Winton, then quarterback of the Tampa Bay Buccaneers.

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After leaving Howard University in 2014, Dean joined the American Federation of Teachers in Jefferson County, Alabama, where he successfully recruited teachers from one of the state’s worst performing high schools to replace both the district superintendent and the school principal.

Dean said that throughout his career he has been a champion of public education reform, criminal justice reform, clean energy and LGBTQ equality.

Dean entered Howard University as an undergraduate student in 2010 where he obtained his degree in Political Science. During his undergraduate career, he served with the Democrats at Howard University College, the Howard University Student Association, and the HU delegation at the Harvard University Kennedy School Black Policy Conference. While studying in the nation’s capital, Dean interned with the staff of U.S. Representatives Artur Davis and Terri Sewell.

The Democratic Party primary takes place on May 24, 2022.

At this point, Dean is the only Democrat to have qualified for the open race for the Senate. Former Ambassador to Slovenia Lynda Blanchard, businesswoman Jessica Taylor, Congressman Mo Brooks and former Business Council of Alabama CEO Katie Boyd Britt are running for the Republican nomination.


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Growth and Jobs | Early Driver Education Can Support National Development | New https://autodealernational.com/growth-and-jobs-early-driver-education-can-support-national-development-new/ https://autodealernational.com/growth-and-jobs-early-driver-education-can-support-national-development-new/#respond Tue, 20 Jul 2021 05:06:10 +0000 https://autodealernational.com/growth-and-jobs-early-driver-education-can-support-national-development-new/ At least one school principal is in favor of including driver education in school curricula, stressing that early learning could lead to better skills and fewer road incidents impacting the driver. national development. Raymon Treasure, the principal of York Castle High School in St Ann, said his school has had an active driver education program […]]]>

At least one school principal is in favor of including driver education in school curricula, stressing that early learning could lead to better skills and fewer road incidents impacting the driver. national development.

Raymon Treasure, the principal of York Castle High School in St Ann, said his school has had an active driver education program since 2013. The program started with grades 1 through 3 in school, and in 2015, he extended the initiative to his high schools, including the sixth.

The program has received support from the Ministry of Education, Youth and Information, funded by the Professional Advancement Program.

“The teachers made their cars available and paid instructors were recruited to teach the students. All sixth graders were invited to obtain their learner’s permit and each received a learning manual. Some students were able to obtain their license thanks to the program, ”he revealed.

drivers club

When funding for the driving program was no longer available, they went on to create a drivers club.

“Students interested in driving would then be part of the club. We have a huge field, so we set up the cones for them to practice; and teachers always made their cars available, ”he said.

The program also includes basic motor vehicle maintenance, although it is now on hold due to the pandemic.

Hailing the educator’s efforts, Dael Whylie, director of the Jamaica Automobile Association (JAA) Driving Academy, pointed out that poor driving skills and use of the road have deeply affected the country’s development.

She said the JAA is a strong advocate for implementing driver education in schools and hopes to include it in some high school curricula as well.

“Once a student reaches the legal age to acquire a provisional license, the JAA will help them acquire the license and register them for a learner-driver experience,” she revealed.

ACCIDENT STATISTICS

Referring to studies by the World Bank and the United Nations Children’s Fund, she pointed out that not only the high number of road accidents and fatalities in the country is exhausting its core workforce. work, but also overwhelms the health sector. About 60% of those killed in crashes are between 20 and 29 years old, according to national statistics, and it costs the health sector some $ 2.6 billion per year to treat injuries resulting from road crashes. .

Whylie said having the principles of defensive driving can go a long way in reducing traffic incidents, and the earlier these skills are instilled, the better.

“It refines decision making, which on our roads is essential to avoid accidents,” said Whylie.

“Therefore, our Driver Development Program, as it’s called, is all about helping people reduce the risks of driving, preparing them for dangerous situations and the mistakes of others,” she said.

She explained that the course offers both theory and practice through lessons from the Jamaican Police Force and the Island Traffic Authority.

Beyond reducing traffic accidents and incidents, Whylie emphasized that driving is a vital skill young people need to survive in a modern world.

“It’s a necessary skill that many professional functions now demand, and it prepares for upward mobility,” she commented.

She noted that despite the pandemic, the JAAs have protocols in place to ensure the safety and comfort of learners. “We understand the concerns that many people may have, given the current climate. Thus, before and after each course, the vehicle is fully disinfected. The instructor and student are required to disinfect their hands before entering the vehicle, and masks must be worn for the duration of the lesson, ”she explained.


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North Carolina woman dies after drunk driver hits her car on Route 9 https://autodealernational.com/north-carolina-woman-dies-after-drunk-driver-hits-her-car-on-route-9/ https://autodealernational.com/north-carolina-woman-dies-after-drunk-driver-hits-her-car-on-route-9/#respond Mon, 19 Jul 2021 16:40:58 +0000 https://autodealernational.com/north-carolina-woman-dies-after-drunk-driver-hits-her-car-on-route-9/ OLD BRIDGE – A North Carolina woman has died after being hit on Route 9 on Sunday morning by a pickup truck whose driver was intoxicated, prosecutors said. Middlesex County District Attorney Yolanda Ciccone said the crash occurred in the southbound lanes of Texas Road. The accident involved a Toyota Echo with four people. One […]]]>

OLD BRIDGE – A North Carolina woman has died after being hit on Route 9 on Sunday morning by a pickup truck whose driver was intoxicated, prosecutors said.

Middlesex County District Attorney Yolanda Ciccone said the crash occurred in the southbound lanes of Texas Road. The accident involved a Toyota Echo with four people. One of those four, Ciara Gee, 20, of Raleigh, North Carolina, was pronounced dead at the scene.

An initial investigation determined that a Ford Expedition driven by Sergio Seixeiro, 40, of Monroe, struck the Echo from behind.

Speed, reckless driving and intoxication would be factors contributing to the accident, according to Ciccone.

Seixeiro was charged with impaired driving, homicide at the wheel and three counts of assault by car. He is being held at the Middlesex County Adult Correctional Center awaiting a remand hearing in Superior Court.

It was the third fatal crash on Route 9 at Old Bridge in 2021, according to state police statistics.

Ciccone asked anyone with information about the crash to call Old Bridge Police at 732-721-5600 ext. 3821.

Contact reporter Dan Alexander at Dan.Alexander@townsquaremedia.com or via Twitter @DanAlexanderNJ

Delta variant dominating the NJ – here are the signs you may have it

LOOK: What important laws were passed in the year you were born?

The data in this list was acquired from reliable online sources and media. Read on to find out which major law was passed in the year you were born, and learn its name, vote count (if any), impact, and meaning.

Magnificent Views: 13 Home Rentals on Lake NJ in North Jersey

Life on the lake – it’s one thing in New Jersey. The counties of Sussex, Passaic and Morris have their own shores, dear to visitors and locals alike.

Here’s a look at a dozen breathtaking lakefront rentals in North Jersey, many along Lake Hopatcong or Lake Upper Greenwood.



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NJ’s brick-and-mortar managers see solid end to ’21, poll finds https://autodealernational.com/njs-brick-and-mortar-managers-see-solid-end-to-21-poll-finds/ https://autodealernational.com/njs-brick-and-mortar-managers-see-solid-end-to-21-poll-finds/#respond Sun, 18 Jul 2021 18:29:07 +0000 https://autodealernational.com/njs-brick-and-mortar-managers-see-solid-end-to-21-poll-finds/ Managers of physical retail stores in New Jersey and the surrounding area are extremely optimistic about a continued rebound in sales and foot traffic, with most COVID-19 restrictions now lifted, according to a mid-year annual survey carried out by Levin Management Corporation. Almost two-thirds, 65%, of those polled said they believed sales would improve even […]]]>

Managers of physical retail stores in New Jersey and the surrounding area are extremely optimistic about a continued rebound in sales and foot traffic, with most COVID-19 restrictions now lifted, according to a mid-year annual survey carried out by Levin Management Corporation.

Almost two-thirds, 65%, of those polled said they believed sales would improve even more from where they are now through the end of the year, and 19% predict that they will at least maintain their current levels.

Levin CEO Matthew Harding said that starting in late spring, the combination of widely available COVID vaccines and an itch to go out and do things after a whole year made stores very busy, causing a strong summer resurgence.

Probing those on the floors of most malls anchored in supermarkets or big box stores can paint the most accurate picture of what New Jersey shoppers are feeling right now, Harding said.

“It’s regionalized in our region, and then also, it’s the managers, the people who are really dealing with change on a daily basis and who run a business and a mall in New Jersey,” he said.

Retail workers have had to adapt and embrace the technological changes that were slowly developing before the pandemic, such as mobile orders and text alerts, but which were taken into high gear when customers were banned from operating. ‘enter non-essential stores last spring.

More than five in six (85%) have implemented such changes, according to the survey.

“COVID has accelerated the need for change for business owners, retailers and restaurants to reach their customers in different ways,” said Harding. “Almost 60% of our respondents are going to keep things in place, so it’s sticky. Their customers have gotten used to it, and it’s working well for them, ways to increase their sales.”

A major obstacle to a continued boom is the evident shortage of workers in New Jersey and elsewhere. More than 70% of managers surveyed say they are currently hiring for vacant positions, and almost 80% say it is now more difficult to find quality candidates.

“You have people who want to shop, who want to dine, and retailers, restaurateurs, other business owners who aren’t really able to fully adapt to this growth,” Harding said.

Even though this poll asked for managers’ outlook for the remainder of 2021, Levin Management Corporation will then contact them just before the holiday shopping season in mid-fall.

Patrick Lavery is the anchor for the New Jersey 101.5 afternoon news. Follow it on Twitter @ plavery1015 or send an email to patrick.lavery@townsquaremedia.com.

LOOK: What important laws were passed in the year you were born?

The data in this list was acquired from reliable online sources and media. Read on to find out which major law was passed in the year you were born, and learn its name, vote count (if any), impact, and meaning.

15 sensational places to visit in Seaside Heights and Seaside Park

From the rides to all the food on the boardwalk and plenty of water fun, Seaside Heights and neighboring Seaside Park has remained a family friendly place for all ages.

Along the way, the Seaside Heights Boardwalk and Casino Pier were hit by tragic disasters, such as a fire, Super Storm Sandy, and another fire. Both have proven their resilience through reconstruction and expansion.



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