From the monthly archives: May, 2013

We are pleased to present below all posts archived in 'May, 2013'. If you still can't find what you are looking for, try using the search box.

Is Volkswagen’s North American-built Passat Losing Steam?

It is no secret that Volkswagen Group is on a quest to become the largest automaker in the world by 2018, and such ambitions require strategic planning, as well as investment in the brand and product. Although Volkswagen AG has successfully established excellent brand recognition and passion for its cars around the globe, the one market that has eluded VW thus far is the United States. Nevertheless, Volkswagen of America has been called upon to do its part, but with a new North American manufacturing plant in Chattanooga, Tennessee, the U.S. subsidiary has no time to waste, and no excuses, e ...

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Mid-Month Update: Used Vehicle Prices Are Down 1.5% in May, So Far…..

After falling by 1.7% in April, used vehicle prices for units up to eight model years in age have continued to soften a bit through the first few weeks in May having declined by an average of 1.5%. In terms of month-over-month declines, the steepest losses have been recorded in the compact car and mid-size car segments, which have slipped by averages of 2.7% and 2.6%, respectively.  The compact utility, luxury utility, and mid-size utility segments all dropped as well, with losses essentially equal to  the  1.5% total market  decline.  Luxury cars and mid-size vans ...

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Incentive Spike: Average Spending Increases 4.5% in April

Average incentive spending across all brands grew for the third consecutive month on an annual basis reaching $2,536 in April.  April’s increase equates to a 4.5% lift relative to what was recorded during the same period last year, quite a bit higher than February’s 0.6% and March’s 0.9% increases.  While new sales improved as a whole in April, many manufactures substantially increased incentive spending to keep things moving in a positive direction. At a brand level on the mainstream side, Hyundai increased spending more than any other manufacturer as average spending rose by 31. ...

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The Tesla Model S Electrifies with Highest-Ever Score from Consumer Reports

It may just be that the “S” stands for spectacular. Tesla’s Model S reached new bounds by receiving a score of 99 out of 100 from Consumer Reports, which tied for the highest score ever achieved (the 2007 Lexus LS being the other to accomplish this feat). Ten years and two models is all it took before Tesla raced to the head of the pack, but with its new Model S leading the way, it appears that this is just the beginning of a very bright future for the automaker. It was only last summer when the four-door Tesla first went on sale, but the premium electric sedan has quickly garnered pra ...

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Large Pickup Truck Sales Boom: Silverado Leads the Pack Up 22% in Q1

Things are looking good in the large pickup truck world, first quarter sales are in and new deliveries increased by an average of 17.9% across all makes and models. GM led the pack in terms of growth, Chevrolet Silverado and GMC Sierra sales increased enough for a collective 20.8% lift in compared to last year. Ram full-size truck sales also increased by a substantial 18.3% while Ford F-Series sales grew by a still impressive 15.7%.  The lowest volume trucks in this segment were also the ones that experienced the smallest rate of growth during Q1. Toyota Tundra sales were up 15 ...

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