November 2021

Feature-loaded 2021 Hyundai Venue Denim a 'best bargain'



By Paul Borden
MotorwayAmerica.com

(November 19, 2021) At under $25,000 for the top trim, the Hyundai Venue is one of the best bargains available in the subcompact SUV segment today. It offers a full array of standard safety and convenience features at what is by today's standards is a very affordable price.

2021 Mercedes-AMG GT 43 — New lower priced AMG delights



By Jim Prueter
MotorwayAmerica.com

(November 18, 2021) The Mercedes-AMG GT 43 is the newest member to join the AMG performance division of the Bavarian automaker, expanding the GT family appellation to three vehicles. The GT 43 is the least expensive of the four-door coupe trio with a starting price of $89,900, a significant $10,050 below the GT 53. The third offering is the ultra-high-performance GT 63 — and the 63 S variant — with starting prices at $140,600 and $161,900, respectively.

Battle for auto loan customers shifts from dealership to online pre-approval



(November 17, 2021) In an automotive market beset by supply shortages and record high prices, more vehicle shoppers than ever have begun shopping for vehicle financing before ever setting foot in a dealership. According to the J.D. Power 2021 U.S. Consumer Financing Satisfaction Study, released today, auto financing pre-approval has become the top of the funnel for auto loan customer acquisition and brand loyalty, putting the focus on digital channels as the starting point for the consumer financing journey.

Lucid Air named 2022 Motor Trend Car of the Year



(November 16, 2021) NEWARK, Calif. — MotorTrend has announced that the Lucid Air has won the 2022 MotorTrend Car of the Year, the first instance in which the initial product from a new automotive brand has been awarded the “Golden Calipers.”

National average for gas dips slightly



(November 16, 2021) WASHINGTON, D.C. —  Consumers caught a little break as the national average price for a gallon of gas leveled off at $3.41, down a penny since last week. Since Oct. 30, the national average has fallen on nine different days, after having risen steadily each of the previous 31 days.

Average transaction price for a new vehicle surges over $46,000



(November 12, 2021) IRVINE, Calif. — New-vehicle prices jumped up for a seventh straight month and hit another all-time high in October, surpassing $46,000 for the first time, according to a new report from Kelley Blue Book. At $46,036, the average transaction price (ATP) for a new vehicle was up 12.9% (or $5,266) from one year ago in October 2020 and up 2.0% (or $910) from September 2021.

How sheep and solar power work together at the VW Chattanooga factory



(November 11, 2021) Volkswagen Chattanooga has been creating jobs in the region for over a decade, with more than 4,000 workers there today. Recently, that workforce has also grown to include some non-human coworkers — a herd of about 50 sheep — who are essential to Chattanooga’s solar operations.

Porsche, GMC rank higher in J.D. Power sales satisfaction study



(November 11, 2021) From coast to coast, new vehicles are hard to find on dealership lots as the supply chain disruption and effects of the pandemic continue. However, customer satisfaction with the vehicle purchase experience holds steady year over year, according to the J.D. Power 2021 Sales Satisfaction Index (SSI) Study, released Wednesday.

Kia all-in with Carnival MPV replacing Sedona in minivan market



By Paul Borden
MotorwayAmerica.com

(November 10, 2021) The 2022 Kia Carnival is yet another vehicle out of the South Korean automaker's assembly plant that merited a new name rather than simply being recognized as a “refreshening” of the model it replaces in the lineup. Like the 2021 K5 when it took over for the longstanding Optima sedan, the 2022 Kia Carnival replaces the outgoing Sedona nameplate that enjoyed a two-decade run in the minivan segment.

AAA predicts Thanksgiving travel to rebound close to pre-pandemic levels



(November 10, 2021) Airports and roads may seem jam-packed this year as AAA predicts 53.4 million people to travel for the Thanksgiving holiday, up 13% from 2020. This brings travel volumes within 5% of pre-pandemic levels in 2019, with air travel almost completely recovering from its dramatic fall during the pandemic, up 80% over last year. As restrictions continue to lift and consumer confidence builds, AAA urges travelers to be proactive when making their travel plans this holiday season.