Here's the Thing

Four myths associated with rising fuel costs

(May 5, 2011) SANTA MONICA, Calif. — As gas prices threaten to tick past $4 per gallon, Edmunds.com debunks popular gas price myths and offers some reasonable steps every driver can take to ease the pain at the pump in a new report.

"People can't avoid taking note of rising gas prices and that generates a lot of stress, both in thinking about the expense and in considering options to manage the situation," says Edmunds.com senior consumer advice editor Phil Reed.

Majority of car shoppers say gas prices influencing vehicle purchase

(May 4, 2011) IRVINE, Calif. (PRNewswire) — Increasing gas prices are changing vehicle consideration criteria, according to a survey by Kelley Blue Book.

According to the latest Kelley Blue Book www.kbb.com Market Intelligence survey conducted in April the vast majority of car shoppers — 84 percent —  said that gas prices have influenced vehicle considerations, revealing a steady increase in the role fuel prices have played in purchase decisions since January. 

Automaker incentives hit lowest levels since 2005

(May 3, 2011) SANTA MONICA — Edmunds.com estimated today that the average True Cost of Incentives (TCI) of automotive manufacturers was $2,118 per new car sold in April 2011, down $250, or 10.6 percent, from March 2011, and down $515, or 19.6 percent, from April 2010.

Edmunds advises car owners how to avoid body shop scams

(May 3, 2011) SANTA MONICA, Calif. — Getting a fair deal on auto body work starts with choosing the right shop, according to the latest installment in Edmunds.com's "Confessions Series" titled "Confessions from the Auto Body Shop."

"Of every 10 body shops, three of them are unethical and five of them do mediocre work at best," said "Neal," one of three anonymous auto body business veterans who agreed to give Edmunds.com an insider's look at some of the shady practices carried out across the industry.

Toyota top choice of African-Americans in 2010

April 28, 2011) SOUTHFIELD, Mich. (PRNewswire) — Toyota led all automotive brands among new vehicle purchases by African-Americans in 2010, according to Polk, retaining the position it held in 2009.

Analyst predicts April may be last strong sales month until late summer

(April 29, 2011) SANTA MONICA, Calif. — This month's new car sales (including fleet sales) are expected to be approximately 1,171,000 units, a 19.3 percent increase from April 2010 but a 6.0 percent decrease from March 2011, according to Edmunds.com. Retail sales are expected to be approximately 942,000 units, down from about 975,000 last month.

Consumer group says conclusions from J.D. Power study on electrics are wrong

(April 29, 2011) WASHINGTON (PRNewswire) — In the past 24 hours, a number of news organizations have reported on what the Consumer Federation of America called "erroneous conclusions" drawn by J.D. Power and Associates study on the future of electric vehicles.

Share of hybrid and electric vehicles expected to remain below 10 percent

(April 27, 2011) WESTLAKE VILLAGE, Calif. (PRNewswire) — Growth of alternative powertrain vehicles sales in the U.S. will be limited by consumer concerns about costs as well as functionality, according to the J.D. Power and Associates 2011 U.S. Green Automotive Study released today.

Survey finds teens think parents have careless driving habits

(April 27, 2011) NEW YORK — U.S. teens and tweens say their parents are riskier drivers than they claim, according to a new national survey commissioned by Ford. While nearly all parents say they are safe drivers and good role models for their kids, more than half (51 percent) admit their teens and tweens have asked them to slow down, stop talking or texting by hand, or practice other safe driving behaviors.

Study finds consumers ready to plug-in, but prefer the extended range that hybrids offer

(April 26, 2011) BOULDER, Colo. (PRNewswire) — Plug-in electric vehicles may just be entering the market, but most U.S. consumers are ready to buy them according to E Source, which analyzed data from the Nielsen Energy Survey.

While 85 percent of U.S. consumers say they would purchase an electric battery-driven vehicle at some point in the future, 58 percent strongly prefer plug-in hybrid electric vehicles or extended-range electric cars such as the Chevrolet Volt.