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
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
Lynk & Co Global Expansion Continues in the Gulf
Nov 23, 2021
Partner already secured for Kuwait launch – Al Zayani Group UAE, Bahrain, Saudi Arabia, Qatar, Oman, Israel and other Gulf markets to follow Brand also plans to enter Russia, Malaysia, Australia, and New Zealand by 2025 2021 November 19, Kuwait City, Kuwait. Lynk & Co, the global automotive brand jointly formed by Ge ... Continue reading
New Models, New Energy | GAC at the Auto Guangzhou 2021
Nov 22, 2021
GUANGZHOU, China, Nov. 21, 2021 -- November 19, 2021 saw the start of the 19th Auto Guangzhou. ... 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
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
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
California Can Achieve World's First Sustainable Hydrogen Fueling Network
Oct 17, 2021
SACRAMENTO, Calif., Oct. 15, 2021 -- The California Air Resources Board today released an analysis of the California hydrogen fueling network for passenger cars and found that, with the right funding, the network could be self-sufficient by 2030. ... Continue reading
China Economic Boss's Vow To Reduce Number Of Domestic EV Manufacturers
Sep 13, 2021
Beijing September 13, 2021 -- Bloomberg reports that China's Communist Leaders have vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable. “Looking forward, EV companies should grow bigger an ... Continue reading
Yiche Held a Car-themed Super Party, Which Promoted the Sales of 43,900 Cars in August
Aug 30, 2021
"Super August 18th Car Carnival Night" in conjunction with a top TV station in China, and planned to launch a month-long car carnival in August to launch a large-scale car promotion activity in conjunction with Chinese mainstream car companies and car dealers. As China's automobile market enters the traditional off-sea ... Continue reading
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