From the category archives: Market Analysis and Forecasts

The 2015 Ford Expedition Looks to Sneak Up on Competition

Although the current Ford Expedition has been on sale since the 2007 model year, its presence has been little felt over the past several years while the large utility segment’s share of the industry has dwindled. Between 2009 and 2013, the automotive market grew by 59% and dwarfed the 14% growth of the large SUV segment, which shrunk to a 1.7% share of the industry’s sales in 2013. Remarkably, the Ford Expedition accounted for a mere 15% of the segment’s sales during that time compared to the 72% share enjoyed by rival products from General Motors. However, Ford Motor Com ...

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Mid-Month Update: Used Prices Fall by 3.0% So Far in August

Used vehicle depreciation for units up to eight years in age dropped by 3.0% so far in August, a figure higher than what’s typically been recorded for the month. Looking back to 2011 – 2013, previous August declines fell within a range of 1.6%-2.4%. While August’s depreciation is somewhat out of character for the month, there are a few reasons driving prices down more than usual. For starters, we believe the market is still compensating for the unusually strong spring market that was caused by temporary factors (harsh winter conditions, influx of recalls). The large chunk ...

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Red Hot Chevy Camaro Extends Lead over Competition

Back in 2007, the major motion picture Transformers hit theaters as a summer blockbuster and was hugely successful in its revitalization of the popular robot franchise that first appeared in the 1980s. Sharing in the commercial success of the movie was General Motors, which showcased several of its product offerings as Autobot protagonists to great effect. Disguised as a weathered yellow 1977 second-generation Camaro, Bumblebee made his first appearance before modernizing his look to that of the fifth-generation Camaro prototype, dropping the jaws of muscle car fans around the world in the ...

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Cadillac to Refresh its CTS after One Year into Lifecycle

Earlier this week Cadillac announced plans to refresh the CTS for the 2015 model year. With only one year of sales under the current generation’s belt, the CTS’ update seems a bit premature, but Cadillac says the drivers behind quick change revolve around branding rather than sales performance. GM’s premium brand is actually in the process of implementing a new wreathless crest across its entire model lineup, and rather than just swapping out the old emblem with the new, they are taking the opportunity to make some updates to existing products as well. So, for the 2015 mo ...

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NADA UCG’s 2014 Car Shopper Survey Ranks Consumer Preferences for New Vehicles

NADA Used Car Guide’s 2014 Car Shopper Preference Survey on NADAguides.com revealed Fuel Economy as the factor considered most important when deciding on a new vehicle purchase by both car and truck buyers. Cost of Ownership and Power & Performance were ranked second and third most important by both car and truck buyers. Technology, Brand and Environmental Impact were the least considered factors for both car and light-truck shoppers surveyed. Survey respondents were asked to rank their top preferences as the most important factor considered when buying a new car or ...

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Ford Increases All-New F-150 Price by Only $400… Well, Sort Of

F-Series fans enthusiastically awaiting pricing information on the all-new aluminum body 2015 Ford F-150 can rest easy. Officials for the automaker just announced that the bottom line of the popular half-ton is going to grow by only $400, but that’s not where the story ends. While the prices of entry-level XL and XLT trims are slated to increase by only a couple hundred dollars, top of the line versions will see prices increase by as much as $3,600. The entry-level 2015 F-150 XL will start at a modest $26,615, while stepping up to the XLT will cost $31,890, which are increases of ...

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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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