August 2013

Retail market keeps auto industry at full speed in August

(August 30, 2013) SANTA MONICA, Calif. — forecasts that 1,455,911 new cars and trucks will be sold in the U.S. in August for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.6 million. The projected sales will be a 10.9 percent increase from July 2013, and a 13.3 percent increase from August 2012. kicks off football season with annual list of top tailgating cars

(August 29, 2013) CHICAGO — today released a list of the top cars for tailgating, just in time for the start of football season. Experts from the site evaluated a gamut of cars, big and small, to determine which have the most to offer the serious tailgater.

Study finds competitive pricing, new models driving electric vehicle market

(August 28, 2013) LONDON — One of the key drivers of the global electric vehicle market is the reduction in the upfront ownership cost of vehicles this year. In fact, the prices of key electric vehicles have gone down by as much as 18 per cent of their 2012 price, as manufacturers look to boost sales and stay competitive. The question is, how much this will impact the development of the market?

AutoTrade study reveals insights into how Millennials relate to cars

(August 24, 2013) ATLANTA — A new study from reveals that when it comes to cars, Millennials are highly aspirational and image-conscious, are more open to import brands and actually do have an interest in vehicles and driving.  These insights and much more are discussed in "The Next Generation Car Buyer" study: a deep look at the attitudes and behaviors of Millennials when it comes to car

J.D. Power: August new vehicle sales will be highest in seven years

(August 23, 2013) WESTLAKE VILLAGE, Calif. — New-vehicle sales continue the hot streak that has been trending throughout the summer selling season, with no evidence of the pace slowing, according to a monthly sales forecast developed jointly by the Power Information Network (PIN) from J.D. Power and LMC Automotive.

Nissan Quest, Ford Expedition top list of best deals, according to TrueCar

(August 23, 2013) SANTA MONICA, Calif. — The Nissan Quest SV, with a 15.1% savings off MSRP, currently tops the list of the best deals on new vehicles, according to automotive pricing information site Published monthly, "Steals on Wheels" shares which vehicles consumers are saving the most off the MSRP, according to recent average transaction prices.

Michigan, Oregon, Alaska offer lowest auto loan rates in United States

(August 22, 2013) LOS ANGELES — A new study discovers the states with the lowest auto loan rates in America. The study investigated the best and worst rates nationwide, with the West Coast boasting lower auto loan rates overall, while the Northeast ended up with the majority of states with rates of 4.01% and higher.

King Size Bows to unveil new 'Chevy Bowtie Bow'

(August 21, 2013) COSTA MESA, Calif. — King Size Bows this month will unveil its newest creation — the Chevy Bowtie Bow in a prototype stage. This new indoor/outdoor bow is inspired by the classic Chevrolet Bowtie logo and is crafted from durable styrene and can withstand a variety of outdoor environmental factors.

Study finds Georgia most expensive state to operate a motor vehicle

(August 21, 2013) NEW YORK — Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a new report.

Bankrate factored in the costs of gasoline, insurance, repairs, taxes and fees. In Georgia, a typical driver spends $4,233 per year to operate his or her vehicle. That is almost double the cost in Oregon ($2,204). The national average is $3,201.

34.1 million to travel on Labor Day says AAA, highest since recession decline

(August 20, 2013) ORLANDO, Fla. — AAA Travel projects 34.1 million Americans will journey 50 miles or more from home during the upcoming Labor Day holiday, a 4.2 percent increase from the 32.7 million people who traveled last year.