Here's the Thing

Acura, Ford, Kia vehicles win North American car, truck and utility of year

(January 12, 2023) PONTIAC, Mich. — The 2023 North American Car, Truck and Utility Vehicle of the Year (NACTOY) award winners were announced Wednesday during a joint press conference with the Detroit Area Dealers Association (DADA) and Automotive Press Association (APA) at M1 Concourse in Pontiac.  After three rounds of independently verified voting stemming from hundreds of hours of test driving, research and evaluation. 

New-vehicle transaction prices end 2022 at record highs

(January 12, 2023) ATLANTA — The average transaction price (ATP) of a new vehicle in the U.S. hit a record high in December at $49,507, an increase of 1.9% — $927 — from November and up 4.9% — $2,297 — from year-earlier levels. New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to data released today by Kelley Blue Book.

2023 Lexus ES 300h F Sport — Luxurious, eco-friendly sedan

By Jim Prueter

(January 12, 2023) The 2023 Lexus ES is a front-wheel drive mid-size luxury sedan that competes against the likes BMW 5 Series and Mercedes E-Class — tough competition to be sure. Unlike those mentioned, the ES 350 h hybrid F Sport is biased towards economy rather than performance which only designates adaptive damping suspension improvements rather than under-the-hood performance tuning.

Holiday pump price hike stalls this month

(January 10, 2023) WASHINGTON, D.C.  — The recent surge in gas prices caused by frigid weather and robust holiday road travel may be ending. While the national average price rose daily starting on Christmas Eve, when it was $3.09, the steam may have run out as pump prices flattened and then fell by a penny over the weekend. The national average for a gallon of gas rose seven cents since last week to $3.28.

2023 Dodge Charger Widebody — Say farewell to the iconic Charger

By Jim Prueter

(January 10, 2023) When Dodge first launched the Charger back in 1966 it was a fastback version of the midsize Coronet as a four-seat two-door receiving a tepid reception with sales not what Dodge expected. The second-generation Charger with more aggressive styling with its recessed grille and flying buttress roofline and recessed rear window captured the buying public’s attention with sales nearly 100,000 units. It also greeted the arrival of the now famous Charger Daytona with its massive rear wing and aerodynamic front nose cone and qualifying NASCAR credentials. 

Kia adds styling updates for 2023 to award-winning Telluride

By Paul Borden

(January 6, 2023) Introduced as a 2020 model at the 2019 Detroit Auto Show, it didn’t take long for the Kia Telluride to make a good first impression. Within a year of its launch, a panel of 50 judges for the North American Car, Utility and Truck of the Year competition named the Telluride its Utility Vehicle of the Year; MotorTrend selected it as its SUV of the Year; and Car and Driver put it among its 10 Best Vehicles of the Year, a veritable Triple Crown of automotive awards.

Auto loan interest rates soaring according to Edmunds

(January 5, 2023) SANTA MONICA, Calif. — Financing a new or used vehicle is growing more expensive than ever for consumers, according to the car shopping experts at Edmunds. Analysts say consumers who purchase a car today are at risk of going underwater on car loans down the road as financing costs rise and used car values decline.

Winter storms cause temporary spike in gas prices

(January 3, 2023) WASHINGTON, D.C. —The late December winter storms and frigid temperatures caused gas prices to spike, with refineries as far south as Texas and the Gulf Coast forced to shut down temporarily. The storm also caused holiday travelers to fuel up and hit the road early to beat the bad weather, leading to a spike in overall gas demand. The national average for a gallon of gas rose 12 cents since last week to hit $3.22.

Edmunds forecasts 14.8 million new vehicles to be old in 2023

(January 3, 2023) SANTA MONICA,  Calif. — The car shopping experts at Edmunds expect pent-up consumer demand and rising inventory levels to support new vehicle sales, forecasting that 14.8 million new cars will be sold in 2023. The forecast, drawn from Edmunds data, represents a 7% increase from their estimate of 13.8 million new vehicle sales in 2022.

Kia’s all-new 2023 Sportage Hybrid — Stairway to heaven

By David Boldt

(January 2, 2023) As Honda’s CR-V and Toyota’s RAV4 run rampant over these United States, the Kia Sportage has — historically — been little more than an asterisk. Sure, it has sold — and with equal certainty we’ll assume it has its fans. But even on Kia’s own showrooms it’s squeezed between the Soul below it and the Sorento and Telluride above it.