(June 10, 2019) SANTA MONICA, Calif. — Interest rates for new vehicles dipped to their lowest level of 2019 in May, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 6.1% in May, compared to 6.27% in April. 
(June 9, 2019) SCHAUMBURG, Ill. — More and more prime and super-prime car shoppers in the market for their next vehicle are electing to buy used, according to new research from Experian. Findings from the Q1 2019 State of the Automotive Finance Market report show that the percentage of prime (61.88 percent) and super-prime (44.78 percent) consumers choosing used vehicles reached an all-time high.
By Paul Borden
(June 7, 2019) Nearly three-quarters of 2019 vehicles have LATCH hardware that rates good or acceptable for ease of use, as automakers continue making improvements that help parents and caregivers properly install child restraints, according to testing by the Insurance Institute for Highway Safety.
(June 7, 2019) BOSTON — GasBuddy reveals how impactful the holiday weekend was for fuel and convenience retailers, with gas stations along major highways seeing a 69% lift overall compared to the previous weekend. Meanwhile, quick service restaurants only saw a 27% lift and coffee shops saw a 20% lift.
(June 7, 2019) ATLANTA — Summer buying season starts full-swing in June as the days get longer and consumers have more free time to shop. With the weather heating up, so are the opportunities to find the perfect car. Certified pre-owned programs provide a great option for getting the vehicle you want at a price that leaves money in the budget for that upcoming summer vacation.
(June 6, 2019) HERNDON, Va. — Volkswagen of America on Wednesday began a new direction for the brand in the United States, built around responsibility, innovation and how a major automaker can credibly contribute to the greater good.
(June 4, 2019) IRVINE, Calif. — The valuation analysts at Kelley Blue Book report the estimated average transaction price for a light vehicle in the United States was $37,185 in May. New-vehicle prices increased $1,320 (up 3.7 percent) from May 2018, while decreasing $208 (down 0.6 percent) from last month.
(June 4, 2019) Today’s national average is $2.81, which is two cents cheaper than last week, eight cents less than last month and 13 cents less than last year. With the exception of the Rockies states, Alaska and Indiana, motorists across the country are saving as much as 23 cents/gallon to fill up as compared to last month,, according to data compiled by AAA.
(June 3, 2019) WASHINGTON — Over the past five years, nearly 3,500 people have been killed in crashes involving teen drivers during the 100 Deadliest Days, the period between Memorial Day and Labor Day, when the number of crash fatalities involving a teen driver historically rise. Syndicate
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