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Electric vehicles aren't overly common on the road, but as many as 38% of Americans say that they'll seriously consider buying an EV for their next vehicle. As they become more viable, people are quickly turning to the idea of electric cars. They offer a range of benefits, and more options are appearing each year. It's safe to say that they'll become significantly more popular in the near future. In this guide, we'll take a look at the rise of electric vehicles and explore the trends we're likely to see in the coming years. Keep reading for more. more A Brief History The first ever electric car was made in the 1830s, though it was a far cry from what we see on the roads today. People have been improving them since this time, but even in the early 1900s, they cost about 10 times as much as traditional cars. In more recent decades, several manufacturers put out electric cars, but they only really started making waves when Tesla joined the movement. They started producing the roadster in 2008 and, since then, have launched a range of EVs that have become incredibly popular. Several other manufacturers, such as BMW, Hyundai, and Volkswagen, now have several models available. As of 2023, there are more than 2 million electric cars on the road in the US. Driving Factors Behind Electric Vehicles The range and cost of electric vehicles have made them far more popular these days. They're a lot more affordable than they used to be, and with a greater EV range on the market, people are having an easier time finding something they're happy with. Modern EVs can charge a lot faster, and travel further on a charge, which makes them much more ideal for day-to-day use. A lot of cities have car charging stations, and more are being added every year. Manufacturers are also able to benefit from government policies such as tax exemptions on EVs. With gas prices on the rise in a lot of areas, having a vehicle that doesn't rely on gas is very appealing. Perhaps the most important factor is environmental awareness. More people (especially younger generations) want to reduce their impact on the environment, and EVs are more eco-friendly than traditional cars. The Near Future The future of cars isn't always clear, but it seems safe to say that EV sales will only go up. As things like battery technology, charging infrastructure, and affordability continue to improve, more people will gain an interest in electric vehicles. On top of improvements to current features, new technologies will also come into play. Some models offer autonomous driving, but this will become a lot more common. Wireless charging is also likely to start appearing on new models within the next few years. Is an EV Right for You? Electric vehicles are becoming more popular all over the world. You should definitely consider one for your next purchase as they offer a range of benefits over regular cars. Whether you're after an EV or something different, Bruner Auto Family in Early, TX, has plenty to choose from. If you want to ask us about any of the vehicles we have available, contact us today.

The United Auto Workers (UAW) strike against Detroit-based automakers is making history in the automotive industry – but the impact on car shoppers may not be significant, at least not yet. There's a significant risk that the strike may eventually cause car parts and supplies to plummet and prices to rise. However, this would take some time to materialize. Vehicle parts, on the other hand, may be felt much sooner, and repairs could take longer for certain vehicles. Today, we provide updates on how the recent car industry strike can affect certain vehicle models. more Recent Car Industry Strike Could Trigger Parts Shortages On September 22, the union put more pressure on the big three Detroit-based automakers when workers walked out of 38 auto parts distribution centers run by General Motors and Stellantis. They didn't take the same step with Ford in good faith, as they've made real progress in negotiations with the automaker. The move would mean auto parts and supplies from GM and Stellantis models would slow down. The two auto dealerships would have difficulty getting services and repairs, which would slow or shut down their factories down the parts distribution line. While neither automaker has acknowledged significant effects yet, purchasing a new car or finding affordable car loan interest rates would become increasingly difficult. If the strike doesn't end soon, there could be increased shortages of the two distributor cars that are already in short supply. Vehicle companies with plants in Mexico could keep producing models, provided they have a steady supply of parts. The Longer the Strike, the Bigger the Impact on Car Prices We can expect car prices to be unaffected in the earlier days of the strike. However, there's talk that the Big Three distributors (Ford Motor, General Motors, and Stellantis) prepared for the union strike by building up inventory so auto dealers would still have cars to sell if the factories fell silent. However, strikes are only effective if the targeted companies start losing money. Therefore, to be effective, the union strike would need to last long enough that the automakers run low on spares and inventory they have sitting on a stockpile or pre-filled models. Striking automakers where it hurts may not happen for a long time. But the longer it takes the Union Auto Workers and automakers to find common ground, the worse it will be for car buyers. There will likely be an imbalance in the supply and demand market for new cars as buyers lose leverage in price negotiations at dealerships. Car parts shortages could directly impact car repair and service times. However, these scenarios would only come into play if the union strike drags on for longer and proves disruptive. The demand for used, cheap cars for sale could increase in the short term due to the used car prices declining throughout the year. However, an extended pause in car manufacturing may result in increased prices. Buy Your Car at Bruner Don't let the GM strike 2023 ruin your car-buying experience. Get your favorite models at Bruner Auto Family. Improve your daily driving adventures with our exceptional auto masterpieces. Contact us today for a seamless buying experience.

In 2023, the off-road vehicle market is expected to grow to a whopping $16.1 billion market share. Let's face it; new vehicle buyers love the thrill of taking their car off the beaten path for some adventure and fun. The 2023 GMC AT4 packages offer GMC truck and car buyers all they want in off-road capabilities and much more too. While the AT4 trim package is available on a lineup of GMC vehicles, you might wonder what it offers and what vehicles have it. Read on to learn more. more What Is AT4 Trim? GMC created a package of features that make off-roading a priority. AT4 stands for All-Terrain 4WD. It first appeared for GMC truck off-roading on the GMC Sierra 1500. GMC quickly recognized the popularity of the AT4 trim packages for car and truck buyers and added it to several other models. More on this shortly. GMC AT4 Packages The GMC AT4 trim package means the vehicle is better in many ways. Let's take a closer look at the amenities featured in the AT4 trim package. Off-Road Features The AT4 touts its off-road features. It's what often brings truck drivers to these vehicles. Off-road features include: Active Response four-wheel-drive system Hill descent control Performance front skid plate Hill start assist Recovery hooks If adventuring off the beaten path is for you, these off-road features will also make it more fun and safe. Exterior Features Exterior features vary depending on the vehicle. The 2023 Terrain features LED headlights and taillights in GMC's C-shape signature design. The SLT features a hands-free programmable power liftgate. It also comes with an LED logo projection. The AT4 trim package also features many vibrant paint options, including: Marine metallic Sterling metallic Summit white Volcanic red tint coat Interior Features You might be ready to hit the off-road in your new AT4 trimmed vehicle, yet you'll still find it full of interior comforts that make you forget you're off-roading. Interior features include: Jet black design scheme Perforated leather seating Brushed aluminum details Technology Features There are also many technology features and upgrades on the AT4 vehicles. These include things like: 10.2-inch color touchscreen Infotainment systems A rearview camera Wireless connectivity Where to Find the GMC AT4 Trim Packages The AT4 off-roading package can now be found available on several of GMC's lineups. The vehicles with AT4 include: 2023 GMC Acadia AT4 GMC Canyon AT4 2023 GMC Sierra 3500hd AT4 GMC Yukon AT4 If off-road adventure is your priority, look for one of these GMC vehicles with the AT4 trim package. Which 2023 GMC AT4 Is Right for You? The 2023 GMC AT4 trim package takes these GMC vehicles to a new level. With changes to the exterior, interior, performance, and technology features, this trim package is worth every penny in improvements. If you're ready to drive an AT4 vehicle, we want to show you your options. Contact us today to check on our AT4 inventory, or stop by the showroom to learn more about this exciting package.

Are you ready to discover why the Chevy Trax should be your next adventure companion? This innovative car has a secret waiting to be unveiled, including its outstanding features and impressive performance. This guide reveals why this compact SUV stands above the competition. Read on to learn more. Why is the Chevy Trax so Affordable? The Chevy Trax's affordability, starting at just $21,495, makes it a compelling choice as your next compact SUV. So, why is the Chevy Trax priced so attractively? Chevy understands the importance of offering a budget-friendly option without compromising quality. They’ve created a vehicle delivering exceptional value at an accessible price by leveraging their expertise and streamlining the manufacturing process. more Thanks to its innovative engineering and fuel-saving technologies, the Chevy Trax excels in efficiency. You’ll enjoy a smooth ride and benefit from cost savings at the pump as the Chevy SUV offers efficient performance. This lets Chevy pass on these savings to customers, making the Trax an affordable choice for budget-conscious individuals. 2024 Chevy Trax Overview Step into the future with the 2024 Chevy Trax, where sleek design meets functionality. Its bold external commands attention on the road, while its compact size allows easy maneuverability in tight spaces. Whether you're navigating city streets or embarking on outdoor adventures, the Trax is ready to impress. Under the hood, the 2024 Trax packs a punch with its responsive and efficient performance. Powered by a turbocharged engine, it delivers an exhilarating driving experience that keeps up with your on-the-go lifestyle. Experience the seamless acceleration and confident handling that the Trax brings. Inside the cabin, the Trax offers a surprising amount of space for passengers and cargo. Everyone can enjoy a comfortable ride with versatile seating configurations and ample legroom. Plus, Trax's smart storage solutions allow you to bring all your essentials, whether groceries or sports equipment. Safety takes center stage in the 2024 Chevy Trax, equipped with advanced driver-assistance technologies to protect you and your loved ones. The Trax offers peace of mind on every journey, from lane departure warning to forward collision alerts. Is the interior of the Chevy Trax high quality? Step inside the Chevy Trax and experience a cabin designed with style and functionality in mind. The use of premium materials and meticulous craftsmanship elevates the interior's overall feel, creating a sophisticated and refined atmosphere you'll appreciate every time you take a seat. The attention to detail is evident in every aspect of the Trax's interior. Everything is thoughtfully designed for your comfort and convenience, from the soft-touch surfaces to the well-placed controls. Enjoy the ergonomic seating that provides ample support during long drives, ensuring you feel refreshed at your destination. Chevy has announced the 2024 Chevy Trax release date is around the corner. Take advantage of the opportunity to be among the first to own the 2024 Chevy Trax. Connect with a Chevy dealership, and schedule a test drive once the release date is confirmed. Get Your Chevy SUV at Bruner Auto Family At Bruner Auto Family, we provide exceptional customer service and a hassle-free buying experience. Our knowledgeable team is ready to assist you every step of the way, ensuring you drive away in the Chevy SUV that exceeds your expectations. Contact us today, and let us help you find the Chevy SUV to elevate your driving experience.

If you're in the market for a used truck, you may have heard rumblings about a potential shift in pricing. The automotive market is ever-evolving, and it’s natural to wonder whether used trucks are poised to decrease prices. This guide delves into this topic to help you understand the current market trends and used truck pricing. Read on! more Used Trucks Going Down in Price Experts project a 9% CAGR growth for the used truck market by 2032. The sector is experiencing a potential shift that could result in a decrease in prices. Several key factors are contributing to this trend. For example, there has been a notable increase in the availability of used trucks due to higher production volumes in recent years. This influx of supply creates a more competitive market, potentially driving prices downward. Changes in consumer preferences are significant in the anticipated price decline. There is a growing demand for newer truck models with advanced technology, improved fuel efficiency, and enhanced safety features. This shift in consumer preference towards newer trucks will lead to a surplus of older models in the used market, putting downward pressure on prices. Economic factors also impact used truck prices, and it’s an appropriate time to purchase affordable used cars. Fluctuations in fuel prices, interest rates, and overall economic conditions influence consumer spending and affordability. If these factors decrease consumer purchasing power, it leads to a decrease in demand for used trucks and, subsequently, lower prices. Why Used Trucks Were So Expensive Used trucks experienced a surge in demand recently, which led to their prices skyrocketing. There were multiple reasons behind this upward trend in prices. The supply of used trucks had been limited due to various factors, such as a shortage of new trucks, manufacturing delays, and supply chain disruptions. This limited supply created a situation where there were more buyers than available trucks, driving up the prices. The increased demand for used trucks could also be attributed to the growing economy and various industries relying heavily on trucking for transportation and logistics. As businesses expanded and required reliable vehicles, the demand for used trucks soared. The pandemic also led to a rise in e-commerce, resulting in increased delivery needs and, consequently, higher demand for trucks. Where to Buy Used Trucks When considering used truck sales in Texas, car dealerships are a reliable option. Car dealerships often offer various used trucks, allowing you to choose from multiple options based on your preferences and budget. Whether you're looking for a specific make or model or have particular requirements, dealerships provide a wide selection. A dealership lets you find certified pre-owned trucks, including half-ton pickup trucks. These vehicles undergo thorough inspections and meet specific criteria the manufacturer sets. Buying a certified used truck gives you peace of mind, as they often come with extended warranties and additional benefits. Dealerships affiliated with a specific brand offer certified used trucks from the same brand, providing quality and reliability assurance. Buy Your Car at Bruner Now it’s the right time to buy at Bruner. We have a stellar reputation for quality vehicles, exceptional customer service, and competitive pricing. The current market conditions, including potential fluctuations in prices and inventory, make it crucial to choose a trusted dealership like Bruner. Browse used trucks now.

Did you know the average car on the road is 12.5 years old? That's a record high. And a key reason for this is the rising cost of new and used cars due to pandemic-era lockdowns that resulted in a global chip shortage. As it turns out, there are several reasons why many people invest in used rather than new vehicles. Do you want to learn why car owners often prefer buying used cars? Keep reading to see why getting a certified pre-owned vehicle makes sense. more Take Advantage of Depreciation One reason people go for used cars over new cars is the ability to leverage depreciation. Consider this scenario: If you purchase a vehicle for $40,000 today and then sell it in 36 months for $24,000, that means you have to deal with a 40% value loss over the 36 months you owned the vehicle. But when you buy used from a trusted dealership, you'll get a discount due to the depreciation factor. At Bruner Early, we offer certified pre-owned vehicles. You can trust used cars that are fully serviced and that come with warranties. Most people can't tell the difference between the 2023, 2022, or 2021 models of specific cars, trucks, or SUVs. So, you can get a three-year-old Chevrolet, GMC, or Buick vehicle for a fraction of the cost of a brand-spanking-new model. And most of your family, friends, or neighbors won't even know that it's not a brand-new vehicle. Pay Less Insurance Do you want to get the best auto insurance deals? One way is to invest in a quality used car. When you call for auto insurance quotes, you'll get lower quotes for a vehicle several years old than a current-model-year vehicle. Depending on the type of used car you get, you might skip specific coverage options. That'll help you to save even more money on insurance. Used Cars Are Reliable One reason the average age of cars on U.S. roads continues to climb is that vehicles are more reliable overall than in previous eras. Vehicles from several years ago can have better build quality, power train performance, and overall reliability than cars from decades ago. So, you will be able to get a reliable used car from a trusted dealership. At Bruner Early, you can trust our pre-owned vehicles. A certified pre-owned car is a better buy than a used vehicle from another dealer or private seller. Certified pre-owned vehicles come with warranty coverage from the original car manufacturer. They're also fully inspected and repaired prior to getting the certified pre-owned label. It's a used vehicle that's almost as good as new. That's as good a reason as any to purchase pre-owned. Get in touch with us at Bruner Early to learn more about why you can trust our pre-owned vehicles. Buy Used Cars From Us One reason the used car industry is succeeding is that prices for used and new cars have increased due to factors like the global chip shortage. But you can still get some great deals if you purchase certified pre-owned vehicles. When you're ready to buy used cars, contact us at Burner Early. We have quality, certified pre-owned vehicles of different makes and models. Check us out and take a car out for a test drive. You see the difference quality makes. Give us a call or stop by to see why your next used car should be from our quality selection of vehicles.

The latest from the auto industry news is EPA's strict emission guidelines for 2027 to 2032. The primary objective of the proposed federal regulation is to expedite the transition to environmentally-friendly vehicles. The endeavor will see a reduction in carbon emissions and much relief to communities that grapple with air pollution daily. The Significance of the EPA Guidelines more Burning fossil fuel is the leading contributor to carbon emissions in the US. The transport sector drives the production of biofuels. According to the Energy Information Administration (EIA), vehicular emissions from gasoline and diesel fuel combustion released a cumulative of 1,486 million metric tons of carbon dioxide in 2021 alone. The numbers reduced drastically in 2020 because of the pandemic. The proposed guidelines aim to protect nature and people. Carbon emission reduction will impact the ecosystem positively, enabling it to thrive. It will also bring down fuel costs, ultimately lowering the cost of living. Although transportation biofuels and biomass emissions are not part of the international accord for greenhouse gases, their pollution levels impact the country's overall carbon emissions. Therefore, EPA's strict vehicle emissions guidelines are a plausible solution to keep these destructive gases below the projected threshold. The Main Agenda in the Vehicle Emissions Guidelines The automobile industry expects a shift from biofuel consumption because of the EPA guidelines. According to the proposed guidelines, the Biden-Harris administration intends to achieve this goal through the Investing in America Act. The agenda is making groundbreaking progress by advocating, supporting, and funding the manufacturing of electric vehicles in the US. In simple terms, this means more electric vehicles are coming. There is also a high chance that electric vehicles will be the future. EPA expects to implement its strict emission guidelines between 2027 and 2032. Thus, five years from now, most vehicles in the country will solely depend on electric energy. The EPA regulations will gradually increase in stringency over the next five years. Therefore, the best time to adapt to the new normal is now. With electric vehicles coming, here is how you can prepare in anticipation of the change. Switch to Electric Vehicles There are plenty of electric vehicles on the market. Have one to test the waters. Learn to operate the car and sync your schedule to its processes. Just like you plan when to refill your tank, you may need to plan when to charge the vehicle. Partner with A Trusted Auto Dealership You want an auto dealership that: Understands electric cars - they should have the knowledge, expertise, and experience of electric automobiles. Has spares readily available for repairs and replacements Can fix and maintain your electric car Avoid being caught unawares with auto dealers dragging their feet toward this inevitable change. Remember, these strict emission guidelines will continue to tighten the belt on using fossil fuel products in cars every subsequent year. Choose Bruner Auto Family At Bruner Auto Family, we understand the impact of carbon emissions on the environment. We sell electric vehicles and provide services to all cars in our business. We also comply with the regulations affecting our industry. Partner with us today and let us help you adapt to EPA's strict emission guidelines before it is too late. Call us at (325) 646 9511 for purchases or fill out our online form for inquiries.

As technology keeps advancing, every car manufacturer wants to keep innovating and coming out with the latest new car tech options for modern drivers. One such option could be the touch screen steering wheel, which would put necessary information right in front of the driver's eyes. more If you've ever needed to look to the right to change a radio station or look down to check your speed, you can probably already see how this kind of technology could be helpful. Most accidents happen when drivers get distracted, and current cars are full of things that could distract drivers from the task at hand. Whether it's making a phone call, turning on a podcast or making sure that you're heading the right direction, you're probably reaching over to the center console regularly during your drive. A touch screen steering wheel can change that by making it easy for drivers to get the information they need. Many modern drivers are used to touch screen technology on their phones, tablets or laptops, and these new steering wheels would work in a similar manner. These steering wheels could reduce the possibility of accidents because they've been tested by engineers to ensure that they work with a driver's common hand motions without pulling their eyes away from the road. For example, a driver could use only their thumbs to pull up information about traffic ahead, directions or the vehicle itself. Most drivers already do that with one hand, but that requires them to remove their hands from the steering wheel. This kind of new car tech would allow drivers to keep their hands steady on the wheel while getting information, reducing the risk of having the car veer off into another lane. What Needs to Get Figured Out? General Motors has released drawings of a touch screen steering wheel as recently as 2021, but it hasn't yet progressed past that stage. That's because the manufacturers would need to determine the material needed for the wheel, how best they can make it cost-effective and how they can ensure that it's safe for drivers in the event of a crash. That could still take a few years, as it's far more important to get it right before releasing this bit of new car technology. But with how technology keeps improving by leaps and bounds, customers can rest assured that if the technology becomes both safe to use and desired by consumers, it's going to find its way into automobiles. Touch screens have already proven popular in the center console of most vehicles, and it's hardly a stretch to think that newer drivers would want to have the same technology at their fingertips with a touch screen steering wheel. No matter what new car tech becomes available in the future, we'll make sure that we're up on it and how it can help make your driving experience the best it can possibly be. Stay up to date with car industry news right here! You can also contact us today if you want a new vehicle all your own!

Is it about time to buy a new car? The start of the new year is an ideal time to find great deals on the most popular makes and models in the auto industry. The key is to start by understanding the latest auto trends and the best types of vehicles to take for a test drive. Here we look at the newest auto industry news to provide insight into the most important 2034 auto trends every car shopper needs to know about. Keep reading to learn more. more Growth of Electric Vehicles (EVs) As concerns about the environment and fuel costs continue to grow, you can expect to see a continued shift toward EVs in 2023. Many major automakers are investing in EVs and developing new models, and you may see a wider range of options available in the market. Expansion of Autonomous Driving Technology Autonomous driving technology is advancing rapidly, and you can expect to see continued advancements in this area in 2023. Some cars may come with more advanced autonomous features, while others may be fully self-driving. Continued Focus on Sustainability Sustainability is a major trend in the car market, and you can expect to see a continued focus on reducing emissions and improving fuel efficiency in 2023. Some automakers may introduce hybrid or plug-in hybrid models, while others may focus on electric vehicles. Increased Demand for Connected Car Technology Connected car technology, which allows cars to communicate with the internet and other devices, is becoming more and more popular. In 2023, you can expect to see more cars equipped with this technology, as well as new and improved features. Expansion of Ride-Sharing and Car-Sharing Services The sharing economy is having a big impact on the car market, and you can expect to see continued growth in ride-sharing and car-sharing services in 2023. These services may become more convenient and accessible, with new technologies and features. Competition and Innovation The car market is always competitive. Thus you can expect to see continued competition and innovation in 2023. New entrants may enter the market, while established players may update their offerings and introduce new technologies. Government Regulations Government regulations play a significant role in the car market, and you can expect to see continued changes and updates to regulations in 2023. These regulations may impact the types of cars that are produced and sold, as well as fuel efficiency and emissions standards. A Car Shopper's Guide to 2023 Auto Trends Overall, this is shaping up to be an exciting year for the car market, with continued growth, innovation, and competition. Whether you are in the market for a new car or just curious about the latest developments, you can expect the biggest 2023 auto trends to include a lot of exciting changes and advancements in the years to come. Please contact us today to learn more about our inventory of new and used vehicles in Early, TX.

The US auto industry is worth over $100 billion as of 2022. This is a 22% increase from the year before. While the auto industry continues to grow, there is a push toward finding the best gas mileage and the best car to purchase in order to save money on gas. So what are the most economical cars? For the newest in auto industry news, keep reading to find out which car you should be looking out for the best gas mileage for 2023. more 2023 Hyundai ELANTRA Hybrid One of the highest-ranked cars with good gas mileage out on the market is the Hyundai ELANTRA hybrid. It has a 4.6 expert rating on Kelley blue book. Although that rating is great, this next stat will make you want to leave your house and go buy this car. There is a 54-mile-per-gallon combined fuel economy. That is the top of the class in terms of good gas mileage. The best part is that this car is not overly expensive as well and usually hovers around the low $20s. 2023 Toyota Corolla Hybrid If you are looking for a car on a budget that has updated technological features inside as well as a great mileage ranking, the Toyota Corolla hybrid is a great option. This hybrid gets about 50 miles per gallon with combined fuel economy. You really cannot beat that! 2023 Kia Niro The Kia Niro has some of the best fuel economies in its class. Not only that but you are also guaranteed a cool interior design and plenty of room is seating. You also will get a great bang for your buck as it is a low price for a hybrid SUV on the market. 2023 Honda CRV Hybrid This is one of the most functional and compact SUVs. It is fully redesigned from previous years with a more upscale interior. There's also a lot more space on the inside. You can expect to get around 40 mpg. 2023 Lexus UX Hybrid If you are looking for something a little more luxurious and upper-class, this crossover has an extremely common ride and it's even more calming when you know how many miles per gallon it gets. It has an estimated city mpg of 41 and an mpg of 38 for the highway. This is one of the best in its class. You can also expect a very roomy and luxurious interior when you purchase this vehicle. Newest in Auto Industry News for 2023 If you are ready to get a car that has some of the best mileage out there, you have come to the right place. You have found the newest in auto industry news for 2023. However, there are also so many options at our dealership for Chevrolet and GMC! If you are ready to check out the options, you can do a quick search on our website. When you are ready, you can come in to look for yourself!

So, what is the newest in the auto industry news? As you might be aware, there is a car chip shortage in the production industry. It has been a factor everywhere in the world, with the United States being no exception. In 2022, there are an average of about 1.75 million cars produced each month. With that in mind, people may be wondering if this is still a good time to buy a car. How does this affect the vehicle supply chain? Let's take a closer look. more Fewer Cars Globally This is not just a problem in the United States, but rather the whole world. According to this report, the start of the war between Russia and Ukraine earlier this year did not help. As soon as the war started, it was predicted that about five million fewer cars would get produced across the globe. There were an anticipated 82 million cars made. With that in mind, it is looking like a 6% decline in the predicted cars produced. That means that there are likely going to be fewer cars available. With the war, it is also making it harder for car chips to get produced as well. Chip Forecasts So, how does the above affect chip production for 2023? Well, this report suggests that the forecasts for certain car companies are already anticipated to be lower than expected. Let's use Toyota as an example. Before last month, they expected to have nearly 10 million car chips ready to be distributed. Now, that is expected to be much lower. Chipmakers are also seeing the brunt of the low supply. Some mentioned in the above report have reported that their quarterly earnings are lower than expected for this exact reason. Rise in Car Price? The main question is how will this chip shortage impact the average price of a car. A simple answer is that the price increase should not slow down. Chip shortages have been an issue since the pandemic began in 2020. With that in mind, the average price of a car has risen exponentially. Let's take a look at the average price of a new car. In 2020, this price was just under $37,000. At the beginning of 2022, this went up to over $47,000! An increase in that short amount of time is unprecedented. However, this also happened in the used car market. There, the average used car was under $20,000 in 2020 and it is up to over $28,000 at the beginning of 2022. What this means is that it could only go higher in 2023 with the continued shortage. See the Newest in the Auto Industry News This is the newest in the auto industry news that you should be aware of if you have any interest in buying a car. A chip shortage is expected to continue in 2023, meaning that the price of a car is likely to keep going up as well. Do you want to buy a car before that happens? Message us with your car questions today.

What should you know about the automotive industry as it stands right now? Well, if you're an enthusiast or you're looking for the right time to buy, we're going to take a closer look at a few of the important aspects of the industry and just what it could mean for you. Top Industry News The biggest thing we're seeing right now is the regulatory push for electric vehicles, which is making a major difference in the industry and leading car manufacturers in an entirely new direction. While hybrid and electric vehicles have been slowly rolling out for years now, the government and regulatory boards have made it clear that they're looking for vehicle manufacturers to do even more. more This includes new emissions regulations and strict goals for getting as much as half of the total auto sales in the country by 2030. While there are some who are pushing back against this goal, there are many others who are actually clamoring for it to be higher still. EV is certainly coming in strong, and the automotive industry is changing to accommodate it. But there's still a long time to go before we finally make it to the clean energy world that regulators are hoping to achieve. And in the meantime, there's more to consider. The Car Chips Shortage The shortage started way back in 2020, while the COVID pandemic was going strong and no one really knew what was going to happen. But unfortunately, it looks like that shortage isn't coming to an end anytime soon. Two years later only a few automotive manufacturers are reporting that they're fully on board and producing at full capacity. The rest are expecting their shortages to continue well into (or even through) 2023. Some even predict that the shortage could continue beyond that. For the rest of us, that shortage means that some new cars will be harder to come by and some used cars will continue to see an inflated market because of it. Honda, Ford, GM, and Toyota expect that their chip shortages will continue for some time, and this means traditionally lower priced vehicles may continue to see prices that reflect these shortages. And, unfortunately, we'll continue to see vehicle supply chain issues as a result. Is it a Good Time to Buy a Car? That depends. For some, this is the only time to buy a car because they don't really have a choice in the matter. For others ... it might be a good time to talk with a dealership to find out more about your options. While some vehicles are still seeing those inflated prices, working with a quality dealership will help you to get the best possible deal on a vehicle if you're in need. Visit Bruner Auto Family to find out more about what's in stock, what's available, and how you can get the vehicle you need at a price that works for you.