Used-Car Sales Show Strong Rebound in May Says Detroit Bureau
Jun 5, 2020
Wells Fargo move to cut loans to independents hurts. Detroit Jun 5, 2020; Michael Strong reporting for Detroit Bureau said that used vehicle sales came back strong in May compared with new vehicle sales. ... Continue reading
Auto Industry Recovery Becomes a Five Year Plan
Jun 5, 2020
The Coronairus might be a non-issue by 2025, but the impact it has had on the automotive industry is expected to continue to be felt at least that long. According to the global management consulting firm AlixPartners, the auto industry could be in a “desert of profits” scenario as the longterm impact plays out. ... Continue reading
2020 Chrysler Pacifica All-wheel Drive Launch Edition At Dealers +VIDEO
Jun 5, 2020
FCA Dealers can now order the 2020 Chrysler Pacifica AWD Launch Edition, making the all-weather capable, seamless and fully automatic AWD system available for the current model year Pacifica. Dealers can now order the 2020 Chrysler Pacifica AWD Launch Edition, which offers the most advanced all-wheel-drive (AWD) system ... Continue reading
Dealer Software Solutions Brands Publish Playbooks As Auto Retail Begins To Rebound
Jun 4, 2020
The latest Pox Automotive analysis shows new auto sales in May finished down 30.2 percent from May 2019 but showed an increase of 57 percent from April 2020. Used cars sales in late May were down approximately 20 percent from year-earlier levels, an improvement from late April when the sales pace for used vehicles was ... Continue reading
Cox Automotive Commentary: May 2020 Sales
Jun 2, 2020
The Cox Automotive Industry Insights team has been tracking signs of progress and recovery since the global pandemic hit our industry, and May auto sales seem to be another positive step in the path. As Zo Rahim, manager of Economic and Industry Insights notes, ... Continue reading
Honda and Acura Show Renewed Sales Strength in May 2020
Jun 2, 2020
June 2, 2020 American Honda Total 120,977-16.9% Cars 51,169-24.6% Trucks 69,808-10.1% Total 10,341-23.7% Cars 2,583-30.3% Trucks 7,758-21.2% Total 110,636-16.2% Cars 48,586-24.3% Trucks 62,050-8.5% American Honda Total 120,977-16.9% Cars 51,169-24.6% Trucks 69,808-10.1% Total 10,341-23.7% Cars 2,583-30.3% Trucks 7,758- ... Continue reading
2020 Hyundai Sonata Hybrid Review by Mark Fulmer +VIDEO
Jun 2, 2020
020 Sonata Hybrid Limited Review 51 MPG and a 686 mi Range for 28K by Mark Fulmer The Auto Channel Two disclaimers. First, the test vehicle I drove is the Limited which comes in around 35K however the Blue model starts at 28K (and gets the best milage). Secondly, I am a big fan of hybrids which partially explains the u ... Continue reading
PureCars Auto Sales Scoreboard May 22 - 28; Used Vehicles Dominate Top Sales
Jun 2, 2020
Brand performance sales data from PureCars illustrates which brands, models and new vs. used saw the biggest sales during the period of May 22 - May 28. ... Continue reading
Toyota Announces its Line-up for the New GR Yaris in Japan
Jun 2, 2020
Toyota has announced its full line-up for the new GR Yaris models to be sold in Japan. Pre-orders for the GR Yaris*, which are currently being accepted online, have already reached approximately 6,000 units in Japan and Europe. ... Continue reading
Special Edition 2021 Toyota Corolla Close Up Look
Jun 2, 2020
Toyota has something special in store for sport hatchback fans who like their cars with expressive styling and bold colors. Dressed out with an exclusive body kit and striking Supersonic Red paint, the 2021 Corolla Hatchback Special Edition looks like it just rolled out of a Southern California custom shop. ... Continue reading
Jun 2, 2020
Hyundai Motor America reported total May sales of 57,619 units, a 13% decrease compared with May 2019. Retail sales grew 5% despite the COVID-19 pandemic. ... Continue reading
Mazda Reports May Sales Results
Jun 2, 2020
Mazda North American Operations (MNAO) today reported total May sales of 24,933 vehicles, a decrease of 1.0 percent compared to May 2019. Year-to-date sales totaled 103,543 vehicles, a decrease of 10.5 percent. ... Continue reading
2021 Mercedes E-Class Cabriolet with Sun-Reflecting Leather +VIDEO
Jun 2, 2020
Never too hot for carefree open-air enjoyment Get in, start the engine and drive off in a relaxed manner – even after the vehicle has been sitting in the blazing sun with the top down for a long time. This is possible in the E-Class Cabriolet thanks to sun-reflecting leather, a specially coated leather that heats up ... Continue reading
Average New-Vehicle Prices Up 4% Year-Over-Year in May 2020, According to Kelley Blue Book
Jun 1, 2020
The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,940 in May 2020. New-vehicle prices increased $1,618 (up 4.3%) from May 2019, while prices dropped $244 (down 0.6%) from last month. “Though new-car sales will be down sig ... Continue reading
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