AIADA Reports Eighty Percent of New Car Buyers Paid Over MSRP in January
Feb 17, 2022
The AIADA online reported that Edmunds said that a staggering 82.2 percent of new cars sold in January went for more than MSRP, which is a new record. The average new-car buyer in January spent $728 more than MSRP on their purchase, but that average varied widely by brand. ... Continue reading
Plug-In and Gas Hybrids Top GreenerCars’ 2022 Ratings as Automakers Shift to Larger EVs
Feb 15, 2022
Washington, DC February 15, 2022; All-electric vehicles (EVs) now account for fewer of the dozen greenest cars available, partly because of a shift toward larger and heavier EVs that are less environmentally friendly, according to this year’s GreenerCars ratings, released today by the American Council for an Energy-E ... Continue reading
Feb 14, 2022
ATLANTA, Feb. 14, 2022 -- When it comes to the leading automotive brands, the list of who's hot and who's not has significantly changed, according to the latest Kelley Blue Book Brand Watch™ Report for Q4 2021. ... Continue reading
Feb 13, 2022
Korean auto brands Kia, Genesis and Hyundai earn three of the top four rankings in the newly redesigned J.D. Power 2022 U.S. Vehicle Dependability StudySM (VDS), released today. Buick and Toyota also make the list of the brands with the fewest reported problems after three years of ownership. ... Continue reading
Jan 31, 2022
Problem is, most public charging stations now fill cars much too slowly, requiring hours — not minutes — to provide enough electricity for an extended trip. ... Continue reading
Making Electric Vehicle Leap of Faith is Highly Satisfactory to New Owners, J.D. Power Finds
Jan 27, 2022
As automakers continue to build excitement with new electric vehicle (EV)1 launches, first-time owners who have made the switch to battery electric vehicles (BEVs) are discovering that it is a positive experience. Satisfaction among owners who are new to BEVs averages 754 (on a 1,000-point scale), which is comparable t ... Continue reading
Nutson's Weekly Auto News Wrap-up December 12-18, 2021
Dec 19, 2021
Complete information can be found by copying a bold headline and then inserting into any Site Search Box. ... Continue reading
J.D. Power Announces 2022 U.S. ALG Residual Value Awards
Nov 18, 2021
J.D. Power 2022 U.S. ALG Residual Value Awards, highlighted by Honda and Lexus being named brand award winners in the mass market and premium segments, respectively. “Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the U ... Continue reading
LA AUTO SHOW ANNOUNCES “THE ZEVAS” EV AWARD WINNERS
Nov 16, 2021
announced the winners for its inaugural zero-emission vehicle awards program—THE ZEVAS™—powered by Electrify America, the nation’s largest open ultra-fast DC charging network. ... Continue reading
New-Vehicles Sales Satisfaction Rankings Unchanged from Year Ago, J.D. Power Finds
Nov 16, 2021
customer satisfaction with the vehicle purchase experience holds steady year over year, according to the J.D. Power 2021 U.S. Sales Satisfaction Index (SSI) Study, SM released today. ... Continue reading
Rivian Announces Pricing of Upsized Initial Public Offering
Nov 10, 2021
Rivian Automotive, Inc. (“Rivian”) today announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. In addition, Rivian has granted the underwriters a 30-day option to purchase up to an additional 22,950,000 shares of Cl ... Continue reading
How Car Shortages Are Putting the World's Economy at Risk - AIADA
Nov 2, 2021
The AIADA featured a NY Times story that worries us. Turmoil in the auto industry, a powerful engine of the global economy, is threatening growth and sending tremors through companies and communities that depend on carmakers for money and jobs, reports The New York Times. ... Continue reading
Nov 2, 2021
Let’s not play politics with the environment, the American autoworker, or the American consumer. Toyota believes that the future of automobiles is electric. ... Continue reading
Amazon Bought More From Rivian Than Trucks - How About 20% Of Their Company
Oct 29, 2021
Oct 29, 2021; Reuters reported that Amazon.com Inc, an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford Motor Co F.N, which has a strategic relationship with Rivian, removed a representative from the startup's boa ... Continue reading
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