With consumers paying more at the pump coupled with an uptick in incentive spending, there was an unusual — albeit slight — decline in transaction prices during December, according to TrueCar.com. Specifically, December’s average new-vehicle transaction price reached $29,358, according to the company’s estimate. This marks a 0.9-percent year-over-year decline and a 0.3-percent sequential drop. [Read More]

Edmunds.com offered a rundown Tuesday of not only how automakers handed out incentives for December, but also what the 2010 average was for the top six OEMs. Looking first just at December numbers, site analysts found manufacturers averaged $2,528 in incentives per vehicle sold. That amount was $64, or 2.6 percent higher, than the previous […] [Read More]

Kelley Blue Book recently announced the new vehicles that generated the most consumer traffic via Kbb.com in 2010, in addition to revealing the brands that commanded the most market interest for the year. Topping the list of most-researched rides is the Honda Accord, with the Honda Civic coming in second. As far as the brand that generated the strongest proportion […] [Read More]

In a look back at some of 2010’s most revealing industry trends, Edmunds.com attributed rising used-vehicle prices to high demand caused by the “substitution effect.” Site analysts outlined this condition as a reaction to the economic downturn. They said shoppers who had traditionally been new-vehicle buyers ultimately bought used units. Based on December 2010 data, […] [Read More]

Amid the auto industry’s severe challenges, financing struggles and the bankruptcies of two major players, the leasing market took its lumps in 2009 with many companies scaling back or pulling out of the market altogether. But 2010 was a different story.   As of the end of the third quarter, leasing was up across the board, […] [Read More]

Kelley Blue Book’s Kbb.com recently unveiled its 2011 Best Redesigned Vehicle and earning the annual recognition is the 2011 Honda Odyssey. [Read More]

While the Big 3 enjoyed some resurgence this year after a rather trying 2009, NADAguides.com revealed some more good news for these automakers Thursday. The company announced that the three most-researched models on its site for the first 11 months of the year are all Big 3 models. Specifically, the 2010 Ford F-150 generated the most interest […] [Read More]

This is our last edition of Auto Remarketing Today for the year. After we publish Auto Remarketing Canada a bit later today, we will go dark until the new year to give our staff time to spend the holidays with family. AutoRemarketing.com will return to its normal publishing schedule Jan. 3 with a new edition of […] [Read More]

This year is likely to “end on a high note,” as the stronger-than-expected retail new-vehicle market is projected to continue for the December, according to J.D. Power and Associates. Judging by the month’s first 10 days, the firm predicts that December will finish with 936,300 retail new-vehicle units sold, a year-over-year gain of 19 percent […] [Read More]

With the Hispanic shopper demographic becoming increasingly important, it appears one particular group of automakers is having more success than others in reaching these key consumers. So which brands are showing the most strength when it comes to Latino purchasers? According to R. L. Polk & Co., Toyota, Honda and Nissan have been implementing various efforts to specifically […] [Read More]