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
Search All Blogs
Read More Blogs
Shadow or Spring? The Quirky Science and Folklore of Groundhog Day 2026
Will he see his shadow? Dive into the history and humor of Groundhog Day 2026 and why we still trust a rodent with our weather forecasts.
Stocked for Love: Protecting High-Value Valentine’s Inventory with Business Insurance
Is your Valentine’s stock protected? Ensure your business insurance accounts for the massive inventory surge happening in early February.
New Life, New Responsibility: Why a February Arrival Means Updating Your Policy
Welcoming a new family member this February? It’s time to move life insurance to the top of your to-do list to ensure your child’s future is secure.
Delivering Love: The Insurance Risks of Valentine’s Week Gig Work
Delivering flowers or chocolates for extra cash this Valentine’s? Make sure your car is actually insured for delivery work before you hit the road.
Tax Prep & Protection: Ensuring Your Home Office is Fully Insured for 2026
Prepping your taxes? Don’t forget to check your home office insurance. Your standard policy might not cover your professional gear or liability.
More Than Just a Sale: The Fascinating Evolution of Presidents’ Day
Why is Presidents’ Day on a Monday? Explore the history, the politics, and the trivia behind our mid-February celebration of national leadership.
The Presidents’ Day Shutdown: Managing Risk During Holiday Closures and Sales
Closed for the holiday or open for a sale? A business guide to managing liability, employee pay, and property security during Presidents’ Day weekend.
A Presidential Legacy: Using Life Insurance to Fund Your Charitable Vision
What will your legacy be? Learn how to use life insurance to make a significant charitable impact this Presidents’ Day without depleting your current savings.
The Presidents’ Day Purchase: Navigating Insurance and Gap Coverage for Your New 2026 Vehicle
Buying a new car this Presidents’ Day? Make sure your insurance keeps up. Essential tips on Gap coverage and new vehicle replacement riders.
Water, Water Everywhere: Preparing Your Home Insurance for the Late-February Thaw
Is your basement ready for the thaw? Learn why standard home insurance doesn’t cover sump pump failure and how to add the right protection this February.