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TrueCar says August best month to buy new car, $1,850 lower than December

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(August 10, 2014) SANTA MONICA, Calif. — Consumers looking to save on a new car or truck should do their shopping in August, according to the analysts at TrueCar, Inc. New car and truck prices during the past five years in August have averaged $29,296 – $169 lower than any other month.

“This is a great example of the power of data, which shows dealers are clearing out older inventory in August,” says TrueCar founder and CEO Scott Painter.

Consumers vote Chevy SS top production version of NASCAR vehicles

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(August 22, 2014) RVINE, Calif. — If NASCAR drivers raced in production versions of their cars, 57 percent of KBB.com visitors think the Chevrolet SS would perform best in the Sprint Cup Series, according to a recent online poll from Kelley Blue Book kbb.com.

"Nearly 60 percent of consumers polled believe the everyday version of the Chevrolet SS would take home first place if a NASCAR driver was racing it, demonstrating that the Chevrolet brand resonates for performance both in the racing realm and in the real world," said Arthur Henry, analyst for Kelley Blue Book.

Honda Fit named number one 'Back to School' car by Kelley Blue Book

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(August 7, 2014) RVINE, Calif. — With the 2014-2015 school year right around the corner, many students and parents of teens are considering their transportation needs to and from campus and activities. To help shoppers narrow down their choices, the editors at Kelley Blue Book, kbb.com, have named this year's 10 Best Back-to-School Cars of 2014.

Nissan delivers record-setting performance through first seven months of 2014

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(August 7, 2014) NASHVILLE, Tenn. — Through the first seven months of 2014, Nissan has delivered a record-setting performance in North America with sales, market share and vehicle production gains across the region, highlighted by the company's Smyrna Vehicle Assembly Plant, which has become the top-producing automotive manufacturing plant in the North American industry so far this year.

Portland, Ore., boasts highest car rental rates in United States

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(August, 6, 2014) PORTLAND, Ore. — Portland, Ore., is the U.S. city with the highest car rental rates this summer. That finding is the result of a new survey from CheapCarRental.net. The survey compared the cost to rent a car at over 100 destinations across the United States during the current month of August.

Seven signs your brakes need to be inspected

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(August 6, 2014) BETHESDA, Md. — During Brake Safety Awareness Month in August, the Car Care Council reminds motorists that routine brake inspections are essential to safe driving and maintaining your vehicle.

"When it comes to vehicle safety, the brake system is at the top of the list, so have your brakes checked by an auto service professional at least once a year," said Rich White, executive director, Car Care Council. "Knowing the key warning signs that your brakes may need maintenance will go a long way toward keeping you and others safe on the road."

ALG: Uptick in new car sales will create lower used car prices

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(August 5, 2014) SANTA BARBARA, Calif. — Relief for used-car shoppers from record-high prices is finally coming, according to ALG, the auto industry benchmark for future vehicle values. ALG analysts say a wave of newer vehicles has started to flood the secondhand market and will gradually bring resale values in line with what they were before 2008’s economic downturn.

Kelley Blue Book: New-car transaction prices rise 2 percent in July

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(August 1, 2014) IRVINE, Calif. — The analysts at Kelley Blue Book, kbb.com, today report the estimated average transaction price (ATP) for light vehicles in the United States was $32,556 in July, an increase of $662 (2.1 percent) from July 2013, while dropping $41 from last month.

"Overall, the industry continues to see average transaction prices rise at a solid pace," said Alec Gutierrez, senior analyst for Kelley Blue Book.

Edmunds says auto sales to reach highest July mark in eight years

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(July 31, 2014) SANTA MONICA, Calif. — Edmunds.com forecasts that 1,461,290 new cars and trucks will be sold in the U.S. in July, for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.8 million. This would be the highest July sales since the auto industry delivered 1.49 million new car sales in July 2006.

Study finds market for connected cars growing rapidly

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(July 30, 2014) NEW YORK — The market for connected cars is growing rapidly, with an expected compound annual growth rate (CAGR) of 41.2% between 2013 and 2018, and mobile network operators (MNOs) are jumping on the opportunity for new revenue streams and enhancement of customer loyalty that comes with this growth, according to the latest report from Heavy Reading Inside.