Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries (PDF) The Pied Piper PSI Internet Lead Effectiveness Study measured how quickly and effectively dealerships responded to Internet customers’ inquiries. As a result of sending specific questions to 5,428 dealership websites, Pied Piper gave each store a score out
What Auto Brands Are Most Popular With Female Buyers (PDF) When it comes to American vehicle purchases, brands like Ram, GMC, Ford, Tesla, and Dodge have the lowest female share. Market research from S&P Global Mobility estimates that only 17% of new Ram personal vehicle registrations in 2022 have
Auto Market Specialty Insights December 2022 (PDF) This month, the only segment to see an increase is snowmobiles. As we head into winter, all other segments are decreasing in value—most by 3.0% or more. The ATVs have taken the largest drop with a decline of 4.4%. Cruisers and Street
Car Imports Are More Welcome In The U.S. Than In Europe or China (PDF) The car trade industry changes constantly, and the outcome can depend on a number of factors. For example, car manufacturers may try to gain new traction by opening factories in developing countries or promoting new
Top 10 Cars That Most Held Market Value (PDF) When you buy a new car, its value will depreciate right away. New research from iSeeCars.com has found that car depreciation has been getting much less than it used to be, which is great for car buyers. This is largely
How Long Will Car Prices Remain High? (PDF) Auto prices are on the rise, as they are for many other consumer goods. The average price paid for a new vehicle in the U.S. increased 6.3% year-over-year in September 2022, combined with soaring gasoline prices and rising interest rates, this
Automotive Market Update For November 2022 (PDF) The fourth quarter typically accounts for the majority of the yearly depreciation, but this year the declines started in Q3 and are continuing to trend higher than typical. What’s different this year is that declines exceed 1% per week in many segments,
Top 5 Most Frequent Car Accidents (PDF) Despite the introduction of advanced driver-assistance systems and strict testing, car accidents still kill tens of thousands of people every year in the United States. The NHTSA recently released data on the most common types of car crashes in the U.S., and
Why EVs Are So Expensive? (PDF) Electric cars are still too expensive, despite being “supposed to be cheaper”. The cost of EVs has gone up for some and down for others. We’ll discuss some factors that influence EV pricing below. The base price for the 2022 Chevy Bolt is
GM Sold Over 80,000 More Cars Than Toyota This Year (PDF) General Motors is fighting back against its rival Toyota, with 80,000 more cars sold than Toyota in 2022. They’re on their way to reclaiming the top spot as the best-selling automaker in the U.S. GM sold 555,580 cars
The 10 Least Reliable Cars Of 2022 (PDF) Reliability should be near the top of your list when looking for a vehicle. Without dependability, other factors don’t matter nearly as much. If you end up with an unreliable car, then it could cost you both time and money in
Hydrogen Fuel Cell Car Sales Decline In Q3 2022 (PDF) Hydrogen fuel cell cars, the alternative to electric cars, haven’t shown any growth in sales. Without much of a chance for significant growth, they might not be the solution they claim to be. In the third quarter of 2022,
Automotive Market Update for October 2022(PDF) The market keeps declining considering the time of the year. Last week, the 8-to-16-year-old cars depreciated by 0.63%, while the 2-to-8-year-old vehicles declined by 0.76%. Overall, the car segment decreased 0.89%. For reference, last week cars decreased 1.11%. Three segments reported declines more than
The Market Experiences Significant Declines Large market declines continued last week, exceeding the levels that are expected for this time of year. Luxury segments continued to experience severe depreciation last week. The Prestige Luxury Car segment reported the largest decline at -2%, following the prior week’s already large decline of
It’s no secret car prices are going up, but the extent of this increase is more visible as we look at wholesale price charts on popular mass-produced vehicles.
In our study we observed the wholesale price variance of 5 vehicles:
2011 Honda Accord
2012 Toyota Camry
2014 Ford F150
2014 Hyundai Sonata
2013 Toyota Sienna
New Car Dealer Groups – Day Supply Q1 and Q2 2022 (PDF) Low New Car Inventory lingers for a second quarter in a row. Days’ supply of new vehicles at the US’s six major dealership groups remains low due to production delays, parts shortages and unseasonably high demand. Penske Auto
Initial Quality Study. Problems Per 100 Vehicles List Buick tops the list with the least amount of problems per vehicle. 1 Buick 139 2 Dodge 143 3 Chevrolet 147 4 Genesis 156 5 Kia 156 6 Lexus 157 7 GMC 162 8 Cadillac 163 9 BMW 165 10 Ford 167
Auto Industry Related Headlines for July 2022 With the exception of the Compact and Full-Size Van segments, all segments reported softening last week, leading up to the July 4th holiday weekend. In recent weeks, the sales rates at the auctions have been trending downward and dealer sentiment is that leads
The Lexus RX dominates and retains the lead off the top premium crossover vehicles sold in the US in 2021 and 2022. Lexus has redesigned the RX for the 2023 model year to stay ahead in the midsize premium crossover segment it has long dominated. Below is a list
June 2022 Automotive Market Update: The overall market continued to increase last week, but the rate of gains slowed. All Luxury segments returned to negative territory last week with the Full-Size Luxury Crossover/SUV and Premium Sporty Cars reporting the largest declines. Used Retail Listing Volume has increased above the 1.00
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