From the category archives: Uncategorized

Uncategorized posts

NADA Gears: Daily Auto News, July 21 - 25

July 25 Making James Bond Jealous Aston Martin has officially released teasers of the new Lagonda Super Sedan. Styling holds retro cues from the original Lagonda that debuted in 1976. Expect the 6.0L V12 packing about 600hp to power this amazing sedan. 2014 Nismo Note Nissan announced the release of the Nismo Note today and stated that it will arrive in dealerships in the fall of 2014.  Highlights of the Note Nismo include custom front grille, front and rear bumpers, side sill protectors, roof spoiler, electronic folding red side mirrors, and Nismo badge. Will it be able ...

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NADA Gears: Daily Auto News, July 14 - 18

July 18 LF-LC Gets Green Light Alain Uyttenhoven, Lexus Europe’s Vice President, revealed to Autocar that the LF-LC will be produced in 2016.  The concept version of this vehicle debuted at the 2012 Detroit Auto Show and Alain stated that the production model will retain between 90 and 100 percent of what was seen in the concept. This may be the sexiest car on the market when it arrives. Way to go Lexus! July 17 The New Mazda 2 Mazda revealed the new Mazda 2 last night, and it looks good.  It has the KODO (Design of Motion) visual philosophy, and is similar t ...

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NADA Gears: Daily Auto News, July 7 - 11

JULY 10 CLA Shooting Brake Autoevolution reports, according to a Mercedes Benz insider who wishes to remain anonymous, the CLA Shooting Brake will become a reality.  As a matter of fact, it will make its live debut this October at the Paris Motor Show. JULY 9 The Nissan Cube is Part of the History Books Autoblog has received confirmation from Nissan of Canada that the Cube will not survive beyond 2014. This is not really a surprise since sales are down 23.8 percent from last year. Chevy Pays $559 Million to be Manchester United’s Jersey Sponsor Chevrole ...

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NADA Gears: Daily Auto News, June 30 - July 4

JULY 3 2015 Saleen Mustang 302 Saleen dropped a teaser image onto the web of the 2015 Mustang 302, and boy does it look good.  No details were given about what performance and suspension upgrades will be included in the package, but they have never let us down before. Saleen did go as far as to say that the new Mustang is an “American Exotic.” Let us hope that it lives up to that hype. New Mazda MX-5 to Debut on September 3rd Mazda has confirmed that it will debut the new 4th generation Mazda MX-5 on September 3 simultaneously in three different locations: Japa ...

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The All-New 2015 Chrysler 200: Poised to Shed its Rental Car Image

  During the 2014 North American International Auto Show in Detroit earlier this month, Al Gardner, President and CEO of Chrysler brand, introduced the second generation 2015 Chrysler 200 and also gave a glimpse at the brand’s new face and overall product direction. Gardner described the new 200 as the brand’s flagship car and as such one requiring a  “flagship manufacturing facility” like  the all-new $1 billion Sterling Heights Assembly Plant (SHAP) where the new model will be produced. Chrysler brand is confident that its large cash investment ...

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Mitsubishi Looks to Make a Comeback in its Race for Survival

For decades, Mitsubishi competed in various forms of racing, particularly off-road and rally racing, and achieved much success despite not being a major auto manufacturer. In doing so, the company demonstrated its engineering prowess, which spawned generations of vehicles utilizing Mitsubishi’s famed all-wheel drive technologies. In recent years, however, the Japanese brand has skidded into a series of rough patches and has seemingly lost its way in the form of falling sales figures. With much of the competition leaving Mitsubishi in the dust, doubts have arisen over the viability of ...

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Sonic’s Stand-Alone Pre-Owned Program: Another Factor to Support Used Vehicle Prices

There are numerous factors currently helping to sustain used vehicle prices at historically high levels: economic improvements, relatively tight supply, greater certified pre-owned awareness and an extremely favorable credit environment. But an often overlooked factor is the increased focus that dealers have on improving used vehicle operations. Sonic Automotive’s announcement this week that they will be opening numerous stand-alone pre-owned stores exemplifies this trend. Once considered something of a nettlesome by-product of new vehicles sales, used vehicle operations have assumed a more ...

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The Honda Civic: If it Ain’t Broke, Go Ahead and Fix it Anyway

After only one year of production, the recently redesigned Honda Civic has already gone under the knife for the’13 model year to give the entire vehicle a major refresh. Enhancing a vehicle this early in its product lifecycle could usually be chalked up to poor sales, but quite the opposite has happened with the Civic. Through the first 11 months of this year Honda has managed to sell almost 285k new units, more than any other car in this segment and 31k more units than second place Toyota Corolla. Looking back over the course of the past five years, the Civic has always landed on top of the ...

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Mid-Month Update: Used Depreciation Ticks Up; Typical Fall Softness Setting In

Market prices for all NADA segments declined by an average of 2.1% through the first half of October or just over a half-percent more than the 1.5% fall recorded over the first half of September. The increased rate of decline observed through the two weeks of October is normal for this time of the year when progressively softer prices are usually recorded through the better part of a given fourth quarter before prices pick back up again as the New Year approaches.   Downward new market price pressure stemming from 2013 model year redesigns of four of the segment’s top five selling mo ...

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Gas Prices Jump 24 Cents in Two Weeks – Used Price Reaction?

Unless you’ve been living under a rock, don’t drive an automobile, or have been so fixated on the Summer Olympics that you haven’t had time to absorb the news, you’ve probably noticed that gasoline prices have spiked dramatically over the past two weeks. There are numerous events that have been directing things behind the scenes here: First, positively viewed comments made by European leaders and the president of the European Central Bank were taken as a sign that the Eurozone crisis might not be as severe as originally thought.  This in turn would translate into stronger than antic ...

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