*Car Reviews *A New Car Pricing Research Guide *Electric Vehicle Education *Used Car Research *A Car-Payment Calculator *College/Graduate/Trade School Degree Incentives *Recall Updates
 |
| Chief Design Officer Chris Benjamin is posing with one of the vehicles his team created. (Photo Credit: Scout Motors) |
Like the elite club of the four Black quarterbacks who have led their teams to the finish line in the Super Bowl, Benjamin finds himself in a car club just as exclusive as the Black NFL winning Super Bowl quarterbacks.
%20(1).JPG) |
| Change agent Glenda Gill (Photo Credit: GG) |
Over the past week or so since Trump took office, he has been issuing out nonstop signed executive orders from The White House and Mar-a-Lago like a level 5 tornado tearing through an urban area during a busy workday.
As expected, there have been some immediate casualties, non-life threating injuries, uprooting, angst and mental frustration. Overall, as expected, there has been pure chaos and confusion.
As a result of the November 6, 2024, Presidential election results, Auto Trends with JeffCars.com, the only syndicated multicultural automotive program in North America, will take a look ahead as to how the auto industry and car buyers will be impacted.
%20(1).jpeg) |
| Car Dealer Ellenae Fairhurst (Photo Credit: TLMDA) |
And, as far as Black women, they
barely register on the radar. This group represents less than a tenth of 1
percent of total new car dealerships.
Ironically, in a traditional African
American household, Black women are responsible for 51 percent of last year’s
new-vehicle registrations, slightly outpacing Black men.
With less than 6 percent of today’s nearly 17,000 new-vehicle dealerships being minority-owned, its literally like finding a needle in a haystack to come across a mother-daughter dealership team. More specifically, a mother-daughter squad who have a financial stake (and hold key positions) in 2 out of 7 of Mercedes-Benz’s black-owned dealerships. The family-owned stores are located in Atlanta, Georgia and Covington, Louisiana.
According to the National Association of Minority Automobile Dealers (NAMAD), 95 percent of today’s minority owned dealerships are first-generation dealerships. However, when it comes to minority dealers, especially Black dealers, the numbers are grave. One means of creating general wealth is through owning dealerships. They are literally cash cows, if run properly. This prominent Atlanta family has made provisions to hand the keys off to one of their daughters, when the time becomes appropriate, as opposed to allowing the business to slip outside of their hands (into other communities).
Since its founding in 1980, NAMAD has collaborated with policy makers and auto manufacturers to establish fair and sustainable business practices for minority
dealers in America.
Currently, ethnic dealers account for approximately
8 percent of total U.S. dealerships. When Lester became president of the dealer advocacy
organization in 2006, the total minority dealership count was just short of its
an all-time high at 1,756, according to NAMAD data stats. However,
when the subprime mortgage crisis crippled the economy a few years later, 54
percent of the ethnic dealerships were forced to close their doors, bottoming out
in 2010 with only 811 stores still standing.
As we celebrate Black History Month, Auto Trends with
Jeffcars.com, a multicultural syndicated automotive program, shines
the high beams on Emeline King, Ford Motor Company’s first Black
female car designer. King, who was hired in 1983, was one of the
first Black female car designers in the auto industry. Marietta
Kearney Ellis, who was hired one-year earlier by General Motors, was
the first in the industry.
Currently, there are
approximately 30 Black car designers globally. Black car designers barely
make up a fraction of this exclusive club of creative innovators. In fact, one
has a better chance of being drafted at .03%, according to sports
sources into the NBA, than becoming an automotive car
designer.
With the Federal Reserve constantly raising interest rates to combat inflation combined with the average new 'car mortgage' payment in October being a record $748 a month, tune in over the next two weeks as Bloomberg Intelligence senior auto analyst Kevin Tynan joins us for a two-part conversation to discuss the used car market, the state of car leasing and its impact on used car pricing, new car
On July 25, 2015, Auto Trends with JeffCars.com, a multicultural automotive program launched as a monthly show on an Atlanta-based FM station. After just two months on the air, the station cancelled the program.
Immediately thereafter, the program was picked-up by a Phoenix-based AM station as a weekly show. Since that time, the 30-minute weekly show has expanded its reach to SiriusXM's subscriber-based network and several FM radio outlets, becoming the only syndicated multicultural automotive program airing throughout the U.S. and Canada. The high-energy program is also the only multicultural automotive show airing on SiriusXM, the largest audio entertainment group in the U.S with over 34-million subscribers. In fact, for a few years, it was the only automotive program airing on the SiriusXM network.
Tune in Friday, May 14 thru Monday, May 19 on our FM outlets too, click here.
 |
| This is the paint job of NASCAR's only Black fulltime driver Bubba Wallace, Jr., official Black Lives Matter car, after the sport agreed to ban the Confederate flag. |
 |
| Entrepreneur and Cancer Survivor Marion Luna Bream (photo credit: MLB) |
The Leader in You If you woke up one morning and smelled smoke in your home, how would you react? Would you pray about it and roll back ov...
