Edmunds.com Says Cash for Clunkers, Production Cuts Helped Lower July Incentives
According to Edmunds.com, combined incentives spending for domestic manufacturers averaged $3,743 per vehicle sold in July 2009, up from $3,727 in June 2009.
Cash for Clunkers: Each Car Sale to Cost Taxpayers $20k Apiece, Reports Edmunds.com
Edmunds.com has determined that even if Cash for Clunkers reaches its budgeted cap, the program will only help drive about 50,000 incremental new car sales, so each one will cost taxpayers a whopping $20,000.
More Than 100,000 Car Shoppers Waiting to Buy, According to Edmunds.com
Average trade-in mileage rising in correlation with unemployment.
Chief Executive Magazine and Edmunds.com Name Top Ten Cars for CEOs
While market share for U.S. automakers nears an all-time low, falling below 60 percent, the same companies are gaining ground in the high-end market. According to the second annual report on the best new vehicles for CEOs — sponsored by Chief Executive magazine and Edmunds.com, an online resource for automotive information — domestic vehicles fare better than their Asian competitors, while European automakers continue to dominate this part of the market.
The Latest On The Chip Shortage
A global pandemic and a devastating winter storm in the South has caused major shortages in the U.S. auto parts industry.
Vehicle Trade-In Values Climb To All-Time Record High
Edmunds experts reveal which 3-year-old vehicles are getting the highest trade-in values as chipset shortages squeeze vehicle supply, demand soars in the used market.
Replacement Parts Cost Influencing Auto Purchase Decisions, Says Survey By AutoMD.com
The majority of survey participants are opting for a pre-owned vehicle, with three-quarters saying that their purchase decision would be influenced by the cost of replacement parts.
RepairPal Builds Executive Team To Drive Brand With Partners, Top Shops
Kristen Stanton joins the company as vice president of B2B marketing and business development. Stanton brings more than 10 years of experience across every facet of the online automotive industry. In her new role, she will develop and manage RepairPal’s industry and consumer marketing relationships to connect more car owners with the company’s growing network of RepairPal-certified Top Shops.
Only 35 Percent of Hybrid Owners Buying Hybrids Again, Says Polk
Higher fuel prices not yet impacting hybrid category’s loyalty rates.
Chevy Volt and Ford Explorer Win North American Car and Truck of the Year
While hybrid vehicles have won four times in the 18 years the awards have been given, this was the first win for a vehicle that can move a meaningful distance on electric power alone.