COSTA MESA, Calif. — Analysts from NADAguides.com recently picked their latest Car of the Month. The choice for March was a vehicle that's gained considered consumer interest during the last several weeks — the 2011 Hyundai Sonata. When making the selection, site analysts described the vehicle as the most innovative and fun-to-drive sedan Hyundai has ever built. […] [Read More]

ATLANTA — Used-vehicle demand and average asking prices were on a stable incline during February, according to AutoTrader.com. The company also indicated that due partly to wintry weather, most of the models showing the heaviest traffic increases via the site were heavy-duty 2500 series pickups. "The used-car market continued to hold steady, as both demand and […] [Read More]

ST. LOUIS — Cash for Clunkers may have been more beneficial to the industry than many people thought, according to the results of a Maritz Automotive Research Group study released Tuesday. Basically, Maritz argues that the number of incremental sales that were spurred via CARS is dramatically higher than prior estimates suggested. Moreover, the research group says […] [Read More]

WESTLAKE VILLAGE, Calif. — The auto industry has likely seen the worst of its drought, and though certain issues and challenges must be addressed, new-vehicle sales are headed toward the 11.7 million unit mark for 2010, according to J.D. Power and Associates.  And four years from now, they could be back to the 16 million mark. While […] [Read More]

SANTA MONICA, Calif. — Edmunds.com believes Toyota's announcements of zero-percent financing and special lease deals are being very well received because of a sharp rise in purchase intent by site visitors. Officials indicated that the incentive offerings generated nearly a 40-percent spike in purchase interest when measured over a 48-hour period. Comparing recent history, the increase […] [Read More]

CARY, N.C. — Major announcements, management changes and comments from some of the industry's top executives dominated the news this past week at AutoRemarketing.com. Leading the way was a recap of enhanced dealer consignment initiatives highlighted by KAR Auction Services' chief executive officer. Readers also learned about another major management overhaul at General Motors. The top […] [Read More]

GENEVA — The three finalists for each category in the World Car of the Year program were announced Tuesday at the Geneva International Motor Show. These final contenders for the World Car of the Year, World Performance Car, World Green Car and World Car Design of the Year awards will vie for their respective honors, which […] [Read More]

IRVINE, Calif. — Though new-vehicle sales in the realigned auto industry may stay in the 11 million range for the foreseeable future until a few key economic indicators improve, there exists a certain optimism for Big 3 automakers, in particular, during the recent "slightly rising tide" in auto sales, according to James Bell, executive market analyst for […] [Read More]

ATLANTA — Though Chevrolet appears to be the front-runner to gain the most displaced new Hummer buyers if the brand closes up shop, the attention of these shoppers would largely be "up for grabs," according to AutoTrader.com, which looked at cross-shopping activity among Hummer shoppers on the site. AutoTrader.com's data indicates that 12.3 percent of new […] [Read More]

NEW YORK — It was announced Monday that joining the lineup of auto executives and analysts sharing their expertise at the NADA/IHS Global Insight Automotive Forum 2010 are James Lentz, president and chief operating officer of Toyota Motor Sales, USA, and Jim Farley, group vice president of global marketing and Canada, Mexico and South America operations […] [Read More]