automobile industry

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Look Out, Midwest Cities: Austin Wants Its Share Of The Auto Businesss

When you think of Austin, Texas, the first things that come to mind are probably food, music, and the South by Southwest festival. Perhaps you know it for its high technology focus. But now, Austin wants you to think of it as an automotive capital.

Austin wants to be thought of as an automotive capital

Isn’t Austin too deep in the heart of Texas? How can it compete with the Great Lakes, let alone other places in the South like Lexington, Ky, Nashville, Tenn., Jackson and Tupelo, Miss., that have already crafted their identities?

Austin’s tactic is to hone in on companies that are developing advanced technology, explains Adrianna Cruz, vice president of global corporate recruitment for the Austin Chamber of Commerce.

It’s using the Formula One race in November, which will be held in Austin, to draw attention to its bid to be included in the nation’s automotive centers. It’s the first F1 race in the U.S. since 2007, when the circuit came to Indianapolis.

“The auto industry is going through a change and a shift. There’s a focus on battery technology and making things cleaner and safer,” Cruz says. “If there’s a location to look at as we discuss how to do things differently – how do we make cars smarter, safer, better for environment – Austin wants to be on the leading edge of those discussions.” Continue reading

3 Reasons Why Cars and Trucks Are Lasting Longer

Polk, the Southfield, Mich., firm that tracks automobile data, says the average age of cars and trucks has reached a new high. The average car on the road is now 11.1 years old, while the average truck is 10.4 years old.

Photo by Lester Graham / Michigan Radio

Overall, the average vehicle is now 10.8 years old, compared with 10.6 years in 2011. Polk bases its data on vehicle registrations, rather than sales numbers.

It’s a number that everyone in Detroit and the auto industry elsewhere watches closely, since it helps gauge how many future vehicles might be built.

What’s behind the longevity? Continue reading