Blog

Ford will be keeping car haulers in Asia and Africa busy with their new Indian-built Figo; it’s a small compact with a 1.2 liter gas engine designed to compete in the developing-world’s small car markets. The Figo is a variant of the Fiesta, which has an option for a 1.4 liter diesel engine as well as theRead More

Chrysler is doing a slightly risky maneuver with its minivans, giving a 60-day money-back guarantee. If it doesn’t work, they’ll have a lot of slightly-used minivans back in their lots with car haulers moving them to fleet customers and auto auctions, with Chrysler taking a loss on the deal. Such money-back plans often have sound economics behindRead More

Here’s an interesting story about a car hauler crash in southern Florida. The hauler turned over in a ditch at 2:30PM heading eastbound on FL-66 just west of Sebring. The driver was stated to have been bringing a full load of used cars back from Nova Auto Sales to a customer in north Florida; his story wasRead More

The supply of used cars may be tight, as we looked at earlier in the day, but there is one area of supply that is growing and will be aiding car haulers: repossessions. Repos are up about 20% from last year, and the strong used car market means that the collection companies will recoup most ofRead More

Japan’s Cash-for-Clunkers analog has gotten some press here in the US, mainly for the lack of eligible US-made cars that you could trade in your car for; however, a lower-key Canadian program has been keeping Canadian car haulers busy since last year. The Retire Your Ride program put 55,000 cars out to pasture in 2009. That’s roughlyRead More