Here's the Thing

Why is Toyota waffling about new sport coupe?

By Bill Visnic, Edmunds.com

(May 2010) After a report from Japanese publication Best Car said Toyota Motor Corp. is delaying the launch of its FT-86 sport coupe by two years, to 2013, the internet was alive with speculation about Toyota's ultimate dedication to the coupe jointly developed with Fuji Heavy Industries Ltd.'s Subaru.

Family sedans sell while sports cars stumble

(May 2010) Would you rather drive a sports car or a family sedan? Edmunds' AutoObserver.com reports that cautious car buyers re-entering the market are largely gravitating to mid-sized sedans while most sports cars are barely moving off the dealership lots.

Audi, Cadillac, Lexus buyer demographics exhibit most changes

(May 2010) Mercedes-Benz, Audi, Cadillac and Lexus gained the most market share in the United States among all premium brands during the first four months of 2010 vs. the same period in 2009.

Mercedes was the best-selling premium brand, followed by Lexus, based on total sales (retail and fleet) data in the J.D. Power and Associates Sales Report. These four premium brands also exhibited interesting differences in their buyer demographics in the first four months, based on Power Information Network (PIN) retail transaction data from J.D. Power and Associates. A few differences are highlighted:

Time to refinance your car loan — and save thousands in interest

(May 2010) Refinancing is one of the best-kept secrets of the auto industry, according to Edmunds.com. Many people don't realize how easy it is to do. Plus, they don't realize that there are no prepayment penalties for canceling your existing loan and no fees getting a new one at a lower interest rate. Exactly how much money can you save by taking an hour or two to get a new car loan?

Should auto dealers avoid new regulation?

By STEPHEN GANDEL
Time Magazine

(May 2010) When Brandon Moushey and Anna Kreutz bought a Suzuki motorcycle three years ago, the young husband and wife asked for an installment loan that would allow them to pay off the $15,000 bike purchase in five years. Instead, a salesperson at Quinsey Powersports El Cajon in San Diego, Calif. got Moushey and Kruetz to finance the purchase on a private-label credit card, according to a lawsuit the couple has filed against Quinsey and bank HSBC.

OnStar/Google vs. Ford Sync

By Doug Newcomb
Edmunds.com

(May 2010) In one of the worst-kept secrets from last week, OnStar has announced that it's partnering with Google to use the search giant's Android operating system and mobile devices to connect owners to the Chevy Volt.

Earlier this year, OnStar unveiled a demonstration-only app for specific smartphones that will allow users to remotely check the charging status of the Volt plug-in hybrid, among other things. As part of its new partnership with Google, OnStar will unveil new features of the Android app at the Google I/O conference in San Francisco this week. But here's what we know for now.

Is it too early to declare the auto recession over?

By Jim Hossack, AutoPacific

(May 2010) TUSTIN, Calif. — AutoPacific, an authoritative automotive research and insight company, regularly tracks the impact of fuel prices on the type of vehicles Americans will consider buying. The results for the just completed Fuel Price Impact Survey show some surprising results, and are summarized below.

 

While there are many indications that the recession is ending, at least in terms of new vehicle sales it may be too early to declare victory, as expressed intent to purchase a new car or truck in the next two years has slightly declined over the January to March period.

Hawaii and California most expensive states to own a car, according to Edmunds

(May 2010) A study by Edmunds.com shows that owning a vehicle in Alaska, California or Hawaii over a five-year period is about $10,000 more expensive than owning the same vehicle in New Hampshire, South Dakota or South Carolina for the same duration.

This study employs data from Edmuds.com's True Cost to Own tool that projects model-specific, regional average vehicle five-year ownership costs, consisting of depreciation, financing, taxes, fees, insurance premiums, fuel costs, maintenance and repairs for new and used vehicles.

Consumer Reports says active new car shoppers look for fuel economy first

(September 10, 2009) Consumer Reports says Americans are looking at American cars. The Yonkers, N.Y.-based firm says 81 percent of respondents to its recent survey are likely to consider a domestic brand. That number is far higher than the 47 percent considering Asian brands and the 46% considering European brands. The Consumer Reports survey, "Auto Pulse," was done in early August via telephone with 1,777 adults whose household owns at least one vehicle.

Analysis: Ford on track to be second in 2010 U.S. sales

(April 2010) Data from Edmunds.com suggests that Ford could return to being the number two automaker in the U.S.

"Ford has demonstrated that the key to a turnaround is product, product, product — while pushing costs down," commented Edmunds.com Senior Analyst Michelle Krebs who covers the subject in more detail at AutoObserver.com. "The company's market share for 2010 is over 17 percent for the first time since 2006, and Fords are selling at a higher relative price and with lower incentives."