From the category archives: Market Analysis and Forecasts

GM Orders Sales Halt of the Cadillac CTS and SRX

  The recall storm cloud hanging over GM’s head continues to grow as the automaker recently ordered Cadillac dealers to stop selling its popular CTS and SRX models because it does not have a fix yet for the 554,000 cars recalled in late June. The most recent Cadillac recall is over an issue where engines can be shut off if the driver’s knee bumps the ignition key. When bumped the key moves out of the “run” position causing the engine to shut off, ultimately disabling the power-assisted steering, brakes and airbags. While this is similar to the problem ...

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FJ Cruiser Heading toward Strong Finish to its Product Lifecycle

Since its introduction in 2006, the FJ Cruiser has been Toyota’s version of a fun, rugged, retro-styled SUV, paying homage to the original Toyota FJ40 Land Cruisers that first appeared in the 1960’s. After several years in production, however, the FJ Cruiser will be discontinued after the 2014 model year, leaving the niche off-road segment solely to the hot-selling Jeep Wrangler. Nevertheless, the Toyota SUV is not going away quietly with sales trending upward in its final year on sale to match its strong value retention. While Toyota no longer sells over 55,000 units of ...

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Chevrolet Corvette Stingray Dominates Sports Car Sales

  Chevrolet Corvette sales have been on fire since the brand introduced its completely redesigned C7 Stingray for the 2014 model year. Through June of this year Chevrolet has managed to sell 17,744 new Stingrays compared to 5,673 over the course of the same period in 2013, equating to a 213% increase in sales. To put the recent success of the Stingray into perspective, consider that through June of this year Porsche has only managed to sell 5,169 911s and SRT has only sold 354 Vipers. Even the far less expensive Nissan 370Z doesn’t come close either with only 4,114 total s ...

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Americans Hit the Road Again this July 4th Weekend

  In the heart of summer takes place arguably the most American of all holidays, Independence Day. With students now on break from school, many Americans will take advantage of the July 4th weekend to travel and most will do it by means of our nation’s highways. As Americans have increased their tolerance for spending in recent years, it is interesting to see how 2014 compares to years past and what has changed among people’s travel preferences. By analyzing trends in factors such as consumer spending and gas prices, we can get a better sense of how travel during one of ...

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2015 Chrysler 200: Can One Car Save A Brand?

Chrysler Group’s sales have been on fire for over 4 years now, with May marking the automaker’s 50th consecutive month of year-over-year sales growth. Much of Chrysler Group’s success can be attributed toward the continued success of Jeep and Ram brands. In May, Jeep had its single best month of sales ever, while Ram and Dodge sales were the best they’ve been in the past nine and seven years, respectively. Even Fiat, a brand which has struggled to catch traction in the U.S. since its launch three years ago, managed to have its best sales month ever last month. ...

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Mitsubishi’s New Sales Growth Continues, but Retention Lags

Though its sales and market share have been in decline since the early 2000’s, Mitsubishi once carried a robust lineup in the United States that included such iconic cars as the now discontinued Eclipse and 3000GT. With much of its sport and rally heritage left in its past, save for the Lancer Evolution, Mitsubishi is very much a shell of what it once was as the brand looks to create a new path toward prosperity. After trimming its product portfolio down, the only models currently offered by the Japanese automaker in America are the Lancer, which includes the Sportback and Evolution, ...

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NADA Gears: Daily Auto News, June 23 - 29

JUNE 27 New 2015 Focus ST Ford revealed the refreshed 2015 Focus ST at the Goodwood Festival of Speed. The Key updates to the car include: Redesigned, sportier front and rear fascia HID headlamps standard with ST2 and ST3 trim levels with Recaro seats Standard LED signature lighting 18-inch Rado Gray alloy wheels standard Available new 18-inch alloy wheel design with red painted brake calipers Redesigned instrument panel center stack with improved climate controls and new finishes New flat-bottom steering wheel to provide extra leg clearance for the driver Revised ste ...

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Toyota Motor Corporation Still on Top in 2014

We recently published a blog post on The BrandZ™ Top 100 Most Valuable Global Brands 2014 report, which named Toyota as the number one global automotive brand this year with an estimated value of $29.6 billion. In order to claim the top spot, Toyota beat out some other big manufacturers like second place BMW with an estimated brand value of $25.7 billion. Rounding out the top five automotive spots were Mercedes-Benz, Honda and Nissan with respective brand values of $21.5 billion, $14.1 billion and $11.1 billion. The BrandZ study determines brand value by calculating the sum of all ...

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The New Lincoln MKC Perhaps the Brand’s Best Effort Yet

Over the past several years, Ford Motor Company has made tremendous strides in transforming its business from one plagued with financial instability and uncertainty to one of record profits. At the center of the turnaround effort was the Ford brand, which underwent a product overhaul as part of its “One Ford” plan. Changes to Ford’s corporate culture led to achievements including the reduction of the number of its global platforms and the development of the company’s acclaimed EcoBoost engines, both of which helped set the foundation for the Blue Oval’s future ...

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The New Acura RLX’s Value Exceeds its Tepid Sales

Honda has long been known for its attention to detail, which is reflected by the high build quality and reliability of its products. Consequently, Acura models have exemplified many of the same endearing characteristics that have made Honda a valued brand in driveways across America. The challenge until now has been elevating the Acura brand’s status as a luxury marque to one on par with European makes and its Japanese rival, Lexus. With the recent launch of the RLX sedan last year, the company was hoping its new model would chart a different course for Acura. After a year on sale, h ...

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