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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NADA Gears: Daily Auto News, September 2 - 5

September 4 2016 Mazda MX-5 Miata Mazda has unveiled the new fourth gen MX-5 Miata. The all-new MX-5 adapts both SkyActiv Technology as well as the latest evolution of Mazda’s Kodo-Soul design language. It appears that Mazda has really delivered with this vehicle. 2017 BMW Z4 Details BMW has confirmed via Carbuzz that the new 2017 Z4 will receive a 340hp 3.0L turbo six-cylinder.  Expect a 0 to 60 time under 5 seconds. Does this mean that the next “Supra” will receive this same engine? Let’s keep our fingers crossed.   September 3 ...

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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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NADA Gears: Daily Auto News, August 25 - 29

August 29 Z71 To Return Chevrolet announced today that the famous Z71 package will return to the 2015 Tahoe and Suburban.   August 28 ATS-V to Debut at LA Auto Show Cadillac confirms to LA Times that they will be unveiling the new ATS-V at the LA Auto Show. SL Benz Just Got Less Expensive Carbuzz is reporting that Mercedes will introduce the SL400 for 2015. This new model will save you over $20,000 from the SL550.  This is done through the use of a 3.0L twin turbo V6, instead of the V8. This new engine still puts out 329hp and 354 lb-ft torque and wi ...

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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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NADA Gears: Daily Auto News, August 18 - 22

August 22 Z06 Vette Pricing Released Chevrolet has announced pricing on the 2015 Z06.  Its starts at $78,995 for the coupe and $83,995 for the drop top. Z06 models are offered in 1LZ, 2LZ and 3LZ trims. A range of available features enables customers to tailor the look and feel of their Z06, including: Premium Package with leather-wrapped interior Aero-enhancing carbon fiber ground effects package Performance Data Recorder and navigation Competition sport seats offered in leather or suede microfiber Carbon fiber interior trim and carbon fiber convertible tonneau cover ...

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