Changes in the Auto Industry You May Have Missed

Changes in the Auto Industry You May Have Missed

In case you missed it, the automotive industry has been and continues to be in a period of massive change and adjustment. Some of these changes began over a decade ago, and some still lie ahead. Changes have been the result of changing market conditions, technological advances, and environmental adjustments. Things have happened so fast that you may have missed a headline or two.

Brands That Have Gone Buh-Bye

Some brands have been so challenged recently that they have simply stopped producing vehicles. These include GM’s ill-fated Saturn brand and Ford’s Mercury models that ceased operations after lagging sales. In 2010, Hummer began phasing out its over-sized SUV brand after a Chinese manufacturer decided against purchasing the brand. Rumors of its return have so far been unfounded. Other brands that have gone by the wayside include Pontiac, Oldsmobile, and Plymouth.

Sedans are Being Out-Numbered

Vans, minivans, trucks, crossovers, and SUVs have become so popular that their sales are outpacing those of passenger cars. A glance at any traffic jam or parking lot will tell the tale.

Ford Only Produces One Brand of Car

Due to the growing popularity of trucks and SUVs and the decreasing sales of sedans. The Ford Motor Company made the decision that it would only produce one brand of automobile. Gone are the Fiesta, Focus, Fusion, and Taurus. The only actual car Ford now produces is the Ford Mustang.

The Bronco Is Back Around

After OJ Simpson single-handedly put the Ford Bronco brand on hold, it has made a return. The new Bronco is taking aim at Jeep, and Jeep is responding with its own improvements.

The Hornet Is Back

It is far from the American Motors Hornet of years past, but Dodge is bringing the brand name back in the form of a new compact SUV. The new 2023 Dodge Hornet compact SUV is being produced in Italy at an Alpha Romero plant.

Standard Transmissions are Just About Obsolete

While 66% of Americans say they know how to drive a standard transmission, only 13 percent of cars are available with a manual transmission. Only about two percent of all vehicles sold are being sold today with a manual transmission.

Our independent automobile insurance agents can review and quote your auto insurance, no matter what brand of car or insurance you have. The best way to know if you are paying too much for car insurance is to compare rates. We will be glad to help.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Search All Blogs

Generic filters

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters

Read More Blogs

Economic Indicators: What Fast-Growing Industries Tell Us

A look at the fastest-growing industries reveals what’s driving today’s economy and our priorities as a society.

Whole Life Insurance: Is it a Worthwhile Investment?

Confused about whole life insurance as an investment? We break down the unique benefits beyond a simple payout.

More Than Just a Car: The Joys and Benefits of Owning a Classic Vehicle

Thinking of buying a classic car? Discover why it can be a great investment and a fulfilling hobby.

Flood Insurance 101: Separating Fact from Fiction

Don’t get caught unprepared. This guide answers your top questions about flood insurance.

Decoding the Past: The Origins Behind Common and Curious Sayings

Unlock the hidden stories behind everyday phrases and discover the surprising origins of familiar sayings.

Essential Foundations: Five Things Your Small Business Needs Today

Setting up for success? Here are five non-negotiable elements for your modern small business.

Confronting Your Fears: Practical Steps Towards a Fearless Life

Tired of being held back by fear? Discover actionable techniques to confront and conquer your anxieties.

Lending Your Keys: The Hidden Risks of Borrowing Your Car

Borrowing your car? Understand the hidden insurance implications before you say yes.

The Shifting Sands of Homeownership: What Happened to the Starter Home?

The starter home is fading away. Discover the factors reshaping the first-time homebuyer’s journey.

Six Men Who Captured Hearts: Universally Loved Figures in American Culture

Explore six beloved men in American popular culture.