NADA Gears: Daily Auto News, May 5 - May 9

Ford announced it will raffle off a one-of-a-kind 2015 Mustang 50 Years convertible this summer to support the National Multiple Sclerosis Society. Today Lexus announced via their Facebook page that they would like its fans to help name the new orange shade that will only be available on its new RC F model. 

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Third-Generation Nissan Murano has Great Potential yet Much to Prove

The early part of the last decade saw the emergence of crossover utility vehicles, which combined many popular characteristics of SUVs with the superior handling and fuel economy of station wagons. Nissan’s initial foray into the segment was marked by the Murano, which first went on sales in late 2002 and was subsequently nominated for the 2003 North American Truck of the Year award. Nissan began selling its second-generation Murano in January 2008 – which also came in convertible form starting in 2011 as the Murano CrossCabriolet – but by then, many other crossover of ...

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The Diesel Debate: Worth the Premium?

According to the U.S. Environmental Protection Agency (EPA), diesel vehicles are making a comeback in the states after a couple decades of sparse product offerings and lackluster sales. Diesels were last popular in the United States during the 1980s, but noisy, dirty and unreliable models gave the technology a bad name and deterred buyers for years to come. Conversely, during this same period, diesels have been extremely popular in Europe and just about every model on the market offers diesel as an option. Today’s diesel vehicles are much improved over past models and employ the l ...

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NADA Gears: Daily Auto News

Ford revealed today that Alan Mulally will be retiring and Mark Fields will become the next CEO of Ford Motor Company. Chevrolet announced today the addition of the 2015 Chevrolet Silverado 1500 Crew Cab Special Service Vehicle (SSV) to the brand’s growing police vehicle portfolio. According to Automotive News, Toyota will be moving sales, finance, manufacturing and engineering operations to Plano, Texas. Chevrolet today announced pricing on the City Express, its first entry into the small cargo van segment. 

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2014 NYIAS Mid-Size Sedan Showoff: Toyota Camry and Hyundai Sonata

Toyota and Hyundai turned up the heat in the competitive mid-size sedan segment at the 2014 New York International Auto Show by releasing refreshed and all-new versions of the popular Camry and Sonata. The improvements made by each respective brand were similar: more athletic exterior styling cues, new interiors and even more advanced technology features. 2015 Camry Before the refreshed version of the Camry made its debut in New York, Toyota reminded members of the media of the Camry’s past popularity. In 2013, the Camry was Toyota’s top-selling model with over 408,000 un ...

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2014 NADA – J.D. Power Automotive Forum Highlights

I’ve attended the majority of the Automotive Forums sponsored by NADA and J.D. Power held in conjunction with the New York International Auto Show over the past four years; however, the conference’s fifth showing was likely the most informative and thought-provoking thus far. Since a full day of presentations and panel discussion left too much usable content to be shared in a brief blog post, the following are condensed points and comments I found to be among the most interesting made during this year’s forum. Note that while many of these were derived from statements made ...

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2014 New York International Auto Show Preview

Members of NADA Used Car Guide’s valuation staff are eagerly gearing up to attend the annual New York International Auto Show (NYIAS), which kicks off next week at the Jacob Javits Center in downtown New York City. Press preview days begin on Wednesday, April 16 and will run through Thursday; on Friday, the show will transition to public days which run through April 27. Prior to the press days, the NYIAS is hosting the 2014 Automotive Forum on Tuesday, April 15, sponsored by NADA and J.D. Power. This one-day event brings together leaders from OEMs, suppliers, retailers and the med ...

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Update: GM Ignition Switch Recall and Wholesale Auction Prices

When first announced in mid-February, GM stated that about 800,000 vehicles were affected by the ignition switch recall. Shortly after, the figure doubled and then grew again later in the month to a total of about 2.6 million 2003-2011 Chevrolet, Saturn and Pontiac compact models. On April 7, GM started making repairs on vehicles affected by the faulty part. Officials at GM say that the actual replacement process only takes about a half hour, but because of the sheer number of impacted vehicles, the repair could take weeks or even months due to limited availability of replacement parts. ...

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Despite Recall Woes, GM Sales up 4.1%, Cadillac down 6.3%

GM has had a rough couple of weeks. Starting in February, the automaker started mass recalls stemming from faulty ignition switches. Despite all of the unfavorable media attention, though, GM actually managed to increase new sales in March by 4.1%. Sales for GM’s Buick and GMC brands were up by respective figures of 13.4% and 7.4%, and even controversy-stricken Chevrolet saw a gain of 3.3%. While sales were up for all of GM’s mainstream brands, the same can’t be said about its luxury division Cadillac, where sales fell by 6.3%. Taking a closer look, sales for ...

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Mazda Looks to Capitalize on Recent Success with New Opportunities

Over the past several years, Mazda Motors has been on a roller coaster ride that has seen it go from a financial state of perennial losses to one of record profits, with many factors playing a part in the company’s turnaround. Being the small automaker that it is, Mazda lacks deep pockets to reach into during difficult times and doesn’t enjoy the same level of financial stability as its larger Japanese counterparts, which has made for an uncertain future at times. With its solid track record as a technological innovator and a little bit of good fortune, however, the automaker i ...

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