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10 Best Back-to-School Cars: 2015 Honda Fit Ranked No. 1

10 Best Back-to-School Cars: 2015 Honda Fit Ranked No. 1

With the 2014-2015 school year right around the corner, many students and parents of teens are considering their transportation needs to and from campus and activities. To help shoppers narrow down their choices, the editors at Kelley Blue Book have named this year's 10 Best Back-to-School Cars of 2014. As a new semest ... Continue reading

Record Number Of Global Vehicle Debuts Expected At The 2014 Los Angeles Auto Show

Record Number Of Global Vehicle Debuts Expected At The 2014 Los Angeles Auto Show

- Known as the first major annual auto show of the season, the Los Angeles Auto Show (LA Auto Show®) announced today that it expects nearly 60 world and North American vehicle debuts to be unveiled in front of media, analysts, automotive industry executives and lifestyle influencers from around the globe during its Pr ... Continue reading

Chrysler Group Reports Second-Quarter 2014 Net Income of $619 Million

Chrysler Group Reports Second-Quarter 2014 Net Income of $619 Million

Chrysler Group reported net income of $619 million in the second quarter of 2014, up 22 percent from a year ago Net revenue for the second quarter was $20.5 billion, up 14 percent from a year ago Modified Operating Profit(b) grew 22 percent to $985 million for the quarter, from $808 million a year earlier Free Cash Flo ... Continue reading

Fremont to Host Free Electric Vehicle Test-Drive Event

Fremont to Host Free Electric Vehicle Test-Drive Event

The "Experience Electric – The Better Ride" campaign will offer free test drives of the latest electric vehicles (EVs) on Saturday, August 9, from 10 a.m. to 4 p.m. at the Pacific Commons Shopping Center at 43484 Boscell Road in Fremont. The ride-and-drive event will feature the yet-to-be-released Volkswagen E-Gol ... Continue reading

Small Cars Crash Test Ratings are Troubling

Small Cars Crash Test Ratings are Troubling

The Mini Cooper Countryman is the only small car to earn a good rating among the latest group of 12 cars subjected to the Institute's small overlap front crash test. Two electric models and a hybrid also are in the mix, with varied results. The electric-powered Chevrolet Volt (with a gasoline engine "range extender") e ... Continue reading

Incentives Drive Hot July Car Sales

Incentives Drive Hot July Car Sales

The American International Automobile Dealers Association (AIADA) today released July 2014 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate franchises whose brands accounted for 55.9 percent of all vehicles sold in the United ... Continue reading

New-Car Transaction Prices Rise 2 Percent In July 2014

New-Car Transaction Prices Rise 2 Percent In July 2014

The analysts at Kelley Blue Book today report the estimated average transaction price (ATP) for light vehicles in the United States was $32,556 in July 2014. New-car prices have increased by $662 (up 2.1 percent) from July 2013, while dropping $41 (0.1 percent) from last month. "Overall, the industry continues to see a ... Continue reading

Let's Talk: Plug-In Electric Vehicles and Energy Companies Are About to Start Communicating via the Cloud

Let's Talk: Plug-In Electric Vehicles and Energy Companies Are About to Start Communicating via the Cloud

Ford is collaborating with seven global automakers and 15 U.S. utilities to develop technology that would allow plug-in electric vehicles to exchange messages with energy providers This new software-based technology would let plug-in electric vehicles from all participating automakers communicate with the power compani ... Continue reading

July Auto Retail Sales Expected to Hit Highest Level Since Before Recession

July Auto Retail Sales Expected to Hit Highest Level Since Before Recession

Cars.com forecasts July light, new-vehicle sales will hit 1,435,104 units, up 9.4 percent year-over-year and up 1 percent from June. A SAAR of 16.5 million is expected for July, an increase of 4.4 percent from this time last year and down 2.8 percent month-over-month. Additionally, retail sales are expected to make up ... Continue reading

Auto Dealers Will Pay a Premium for Good Service from Lenders

Auto Dealers Will Pay a Premium for Good Service from Lenders

New-vehicle dealerships place such a value on the relationship they have with their prime retail credit finance providers that two-thirds are willing to pay a premium for good service, according to the J.D. Power 2014 U.S. Dealer Financing Satisfaction StudySM released today. The study examines dealer satisfaction with ... Continue reading

Summer Is Heating Up New-Vehicle Sales and Fueling Record Consumer Spending

Summer Is Heating Up New-Vehicle Sales and Fueling Record Consumer Spending

Total and retail light-vehicle sales in July 2014 are expected to reach their highest levels for the month since 2006, reflecting continuing strength in the market since spring, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. For the sixth consecutive month, the retail seasonal ... Continue reading

Auto Sales to Reach Highest July Mark in Eight Years

Auto Sales to Reach Highest July Mark in Eight Years

Edmunds.com forecasts that 1,461,290 new cars and trucks will be sold in the U.S. in July, for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.8 million. This would be the highest July sales since the auto industry delivered 1.49 million new car sales in July 2006. "July's performance is the clearest indicati ... Continue reading

New-Car Sales to Jump 11.6 Percent Year-Over-Year in July

New-Car Sales to Jump 11.6 Percent Year-Over-Year in July

New-vehicle sales are expected to increase 11.6 percent year-over-year to a total of 1.46 million units, resulting in an estimated 16.6 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. "Following last month's record SAAR since July 2006, sales should slow slightly, but remain strong overal ... Continue reading

Luxury Cars Available from the U.S. Treasury's Seized & Forfeited General Property Auction

Luxury Cars Available from the U.S. Treasury's Seized & Forfeited General Property Auction

Wed. July 30, 2014 at 9 AM – 1000s of items will be offered at a Live US Treasury Dept. Public Auction. This auction will feature vehicles such as BMW's, Porsche, Land Rover, Mercedes, Boats, Motorcycles, Steinway Piano, Artwork, Coins, Jewelry, Gold & Silver Bars, Novelty items, Toys, Electronics and more! Buyers ... Continue reading

Too Many In-Vehicle Technologies?

Too Many In-Vehicle Technologies?

Although manufacturers are putting more and more technologies and functionality in their new and redesigned models, satisfaction with these features is not significantly higher among owners of those models than among owners of carryover models, according to the J.D. Power 2014 U.S. Automotive Performance, Execution and ... Continue reading

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