NADA Gears: Daily Auto News, September 29 - October 2

September 29

Grand Cherokee SRT8 Name Change

Although not yet official, it seems that the SRT naming system will be used for Dodge only.  This will result in  the Grand Cherokee SRT8 changing its name to “Trackhawk.” This will keep the vehicle in line with the Trail Rated and Trailhawk models.

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Wholesale Update: Used Vehicle Prices Down 3.4% in September

Used vehicle prices for units up to eight years in age are down by 3.4% so far this month, which is slightly higher than NADA’s 3% top-end forecast for the month. That said, the month’s decline remains in line with results of the past few years, as depreciation for September ranged between 2.5 – 3.6% from 2010 – 2013. If September’s figure holds, prices will have a dropped by an average of 3.2% per month since July and it would mark a streak of losses last seen in late-2011. On a prior month basis, the number of 2006 – 2014 model year units sold at au ...

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2015 New Model Introduction and Redesign Review: Non-Luxury Models

Today’s blog wraps up the three part series that highlights new or redesigned models for the 2015 model year. Part 1 covered the importance of new product to manufacturer growth plans and details ‘15MY introductions at a market level and by brand. Parts II looked at changes in Luxury segments, while our final blog covers Non-Luxury models. Large, Mid-Size and Compact Utility Vehicles 2015 Chevrolet Tahoe/Suburban full-size SUVs are all-new, powered by a 5.3L 355hp V8 engine and optional Magnetic Ride Control. Inside, both feature three rows of seats with room for up to nine p ...

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NADA Gears: Daily Auto News, September 22 - 26

September 26 Best Drag Race 4 Motor Trend just released the 4th edition of the World’s Greatest Drag Race.  Will the GTR win again?   September 25 Ford Transit Paddy Wagon Ford has released its new prisoner transport concept based on the Transit. The vehicle offers the ability to carry as many as 12 prisoners in 3 different compartments. Hopefully you will never have to ride in one.   September 24 2015 C63 AMG and AMG S Carbuzz has the details on the new C63. The C63 produces 469 horsepower and 479 lb-ft of torque, while the S model ...

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Subaru Refuses to Slow Down, Boosts 2014 Forecast to 500K Units

For six consecutive years and counting, the emerging automotive force that is Subaru has increased its total sales and forecasted a target of 460,000 units in the United States for 2014. This month, Subaru of America announced that its sales objective needed to be adjusted, not because business was slowing down, but because its momentum now has it on pace to crush its previous target. Through August, with sales up 19% year-to-date, the automaker elevated its forecasted sales figure to 500,000 units, a feat it has never accomplished before in America. With the company’s deliveries already ...

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2015 New Model Introduction and Redesign Review: Luxury Models

Today’s blog is the second of three that highlight new or redesigned models for the 2015 model year. Part 1 covers the importance of new product to manufacturer growth plans and details ‘15MY introductions at a market level and by brand. Parts II and III will cover introductions of specific models by segment. Luxury Large, Mid-Size, and Compact Utility Vehicles 2015 Cadillac Escalade/Escalade ESV offers an entirely new look for the fourth generation model with sharper lines.  Equipped with an even more powerful engine, 6.2L 420hp V8 and a quieter cabin. 2015 ...

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Volkswagen Trims Line-up with Departure of Eos

Beginning in 2013, things took a turn for the worse for Volkswagen of America following a period of accelerated growth when the company took the market by storm. Sales have fallen every month since April 2013, a streak of 17 months, and the percent change in sales year-over-year declined by double-digits in 10 out of the past 12 months. With the bulk of VW’s sales coming from only two models, the Jetta and Passat sedans that accounted for over 66% of sales year-to-date, the brand has begun to trim its lowest-volume vehicles, beginning with the Routan mini-van. After being on the market s ...

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NADA Gears: Daily Auto News, September 15 - 18

September 18 Saleen 302 Mustang Steve Saleen has leaked images of his new 2015 302 Mustang to TopSpeed and will debut the vehicle on Saturday at the Annual Saleen Show. September 17 All New Audi TT to Spawn a Crossover Variant? With the new TT’s launch preview in Spain, and the recently debuted TT Offroad Concept, it is reported by TopSpeed, that a crossover variant is extremely likely. Segmenting the market in this manner allows automakers to reach niche buyers while offsetting development and production costs.   September 16 CLA Still In Demand ...

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NADA Gears: Daily Auto News, September 8 - 11

September 10 BMW 2 Series Convertible Pricing BMW just announced pricing for the 2 Series convertible and the magic number is $38,850. Everything is exactly the same as the coupe, except for the folding soft top. Scion FR-S Release Series 1.0 Scion has just released the FR-S Release Series 1.0. It was revealed last year at the New York Auto Show. You can buy yours for the price of $29,990; however, only 1,500 will be made. Striking with a coat of Yuzu exterior paint color, the Release Series 1.0 comes equipped with enhanced features from Toyota Racing Development (TRD), i ...

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2015 New Model Introduction and Redesign Review: A Year of Change

Today’s blog is the first of three that will highlight new or redesigned models for the 2015 model year. Part 1 covers the importance of new product to manufacturer growth plans and details ‘15MY introductions at a market level and by brand. Parts II and III will cover introductions of specific models by segment. Manufacturers have a lot on the line when it comes to new model introductions and redesigns. Years of planning and millions of dollars are invested in each new model launch with no guarantee the market will embrace an automaker’s efforts. An ugly miss can force ...

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