During October, the proportion of vehicle transactions that were leases climbed to more than 27 percent, according to CNW Market Research, which said the automaker leading the way as far as leasing penetration upswings was Toyota Leases commanded 27.6 percent of the market in October, compared with 26.9 percent in September. Meanwhile, 6.6 percent of transactions were cash […] [Read More]

As Chrysler officials reported gains in third-quarter operating profit, the domestic automaker joined Ford Wednesday in denouncing the passage of a free trade agreement between the U.S. and Korea as it was written back in 2007. Both companies described Korea as one of the most closed automotive markets in the world. And both Chrysler and […] [Read More]

AOL Autos recently unveiled its list of what it considers to be the 20 best deals for November.  The site broke it down by vehicle segment, spotlighting models in the following classes: SUVs, pickups, compact cars, fashion statement vehicles and midsize cars. SUVs Ford Explorer [Read More]

In light of the disparity found when comparing economic optimism within the “business side” of things to the level of optimism (or lack thereof) among consumers, NADA Used Car Guide executive automotive analyst Jonathan Banks suggested that the used-vehicle market is experiencing somewhat of a “dichotomy.” [Read More]

Supporting the strong October sales performance previously revealed by Autodata, analysts from AutoTrader.com indicated Wednesday that the average asking prices for certified pre-owned vehicles showed significant improvement. As opposed to September, when prices dipped for 15 out of 20 most-searched CPO vehicles on a year-over-year comparison, the site determined prices increased for 14 of the […] [Read More]

One of the key presentations at the CPO Forum earlier this week was with Arianne Walker, of J.D. Power and Associates, who discussed her company’s 2010 Used Vehicle Market. She told the many dealers and other industry executives in attendance that the new-vehicle and used-vehicle markets are closely tied together. As the new-vehicle market has […] [Read More]

Edmunds.com recently conducted its own testing of electric vehicles to mimic a condition consumers might feel called “range anxiety.” The site described the situation as the fear some drivers supposedly have about driving an electric vehicle and ending up stranded with a dead battery. Analysts wanted to know what this condition could mean as more […] [Read More]

The Automobile Journalists Association of Canada recently unveiled the list of 11 new-vehicle segment winners that will be up for the 2011 Canadian Car of the Year or 2011 Canadian Utility Vehicle of the Year honors. AJAC revealed its “Best New” winners in each of the respective segments after the four-day “TestFest,” in which 70 […] [Read More]

It is likely that October’s new-vehicle sales pace will have been little bit stronger than anticipated, according to KeyBanc Capital Markets senior automotive analyst Brett Hoselton. He said the industry remains on track to reach a fourth-quarter seasonally adjusted annualized rate of 12.6 million units. [Read More]

Making its debut at the 2010 SEMA Show was a new award, which spotlighted the new car, truck and SUV that voters found to be best suited for accessorizing. In some good news for domestics, the Big 3 swept the awards, as each of Detroit’s automakers was represented. Winning the award for Hottest Car was […] [Read More]