New Vehicles - Tagged Posts - Auto Dealer Today

Slim Inventory and High Prices to Cause Dip in January Vehicle Sales

Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.

Age of Vehicles Reaches 11.6 Years

The average age of light-duty vehicles on U.S. roadways increased to 11.6 years this year. Vehicle registrations also climbed 2.4% from a year ago to 264 million, according to IHS Markit.

Car and Driver Announces '10Best Cars' List for 2017

Car and Driver released its annual “10Best Cars” list for 2017. This list, the company stated, recognizes the best cars on the market for under $80,000.

New-Vehicle SAAR Falls Below 17 Million in August, Manheim Reports

For the second time this year, the seasonally adjusted annual rate (SAAR) for new vehicles fell below 17 million in August. Manheim, however, said the drop 'may be a good thing."

NADA Maintains 17.7 Million Sales Forecast for 2016

Despite current economic and political uncertainties, the NADA is sticking with its original sales forecast of 17.7 million news cars and light trucks for 2016. The association's chief economist, however, predicted that total sales will drop to 17.1 million units in 2017, noting that most of the pent-up demand from the Great Recession has been satisfied.

Calif. New Light Vehicle Registrations Exceed 500,000 Units in Q1 2016

The 500,000 units sold in the first three months of the year has California dealers on track to sell more than million units in 2016, according to the California New Car Dealers Association.

KBB Aims to Change Image With New Marketing Campaign

Kelley Blue Book's new 'Get New Car Smart" marketing campaign is designed to reposition the brand away from being the used-car pricing and valuation destination to the go-to resource for new-car shoppers, company officials said.

KBB Releases List of Best Family Cars of 2016

Honda led the pack with five models making the list, while Chevrolet had three.

Renault-Nissan Issues Four-Year Autonomous Vehicle Schedule

Renault-Nissan Alliance announced this week it will launch more than 10 vehicles with autonomous drive technology in the United States, Europe, Japan and China within the next four years.

Industry Posts 18.19 Million SAAR in November, Autodata Reports

The industry sold 1.32 million units in November, a 1.3% increase from a year ago. Year to date, 15.8 million cars and trucks have been sold, according to Autodata Corp.