Daily Car News Bulletin for May 4, 2016 Auto Sales Report Total auto sale rose 3.5%, more than 1.5 million cars and light trucks. U.S. SAAR: April 2016: 17.42 million March 2016: 16.56 million April 2015: 16.77 million Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S.
Heavy Duty Trucks Value Change – April 2016 2013-2014 Construction/Vocational segment dropped an average of $360 (0.5%) 2013-2014 Over the Road Tractor segment dropped an average of $813 (1.2%) 2013-2014 Regional Tractor segment dropped an average of $914 (1.6%) 2005-2012 HD Construction/Vocational segment dropped an average of $239 (0.6%)
Truck Values Improved While Car Values Continuous To Decline Overall car values decreased by 0.21% last week. Compact Car: -0.35% Sub-Compact Car: -0.31% Prestige Luxury Car: -0.28% Luxury Car: -0.24% Truck values increased by +0.05% last week. Compact Crossover/SUV: +0.36% Minivan: +0.25%
Daily Car News Bulletin for May 3, 2016 Ford Gets Fined by Mexico Ford moving bad vehicles to Mexico and fined $1 million by Mexico’s environmental prosecutor. Vehicles are way under norms of regulating gas emissions and noise levels. Ford have no comments at this moment. BMW Profits BMW
Safety Recall Letter Sent By VW A Worldwide Auto Recall The automotive world and beyond is raging about the massive airbag recall affecting many millions of vehicles in the World from nearly two dozen brands. The issue involves defective inflator and propellant devices that may deploy improperly in the
How Not to Advertise Your Car for Sale What Not To Do: Do NOT forget to remove your vehicle from your insurance policy. What To Do: Selling your car is pretty easy if you know what to do. Here are some best and worst practices of selling your own
Motorcycle and Powersports Percent Change- March to April 2016 PowerSports What Do We See in The Powersport Market – Among the on road bikes, and in a reversal from last month, Cruisers (up 2.2%) are the biggest gainers this time, with Street Bikes (up 2.0%) following closely behind.
U.S. Toyota Sales vs. Production vs. Inventory – 2015 to 2016. Toyota Sales vs. Production vs. Inventory, February 2015 to 2016. Toyota Sales Toyota Production Toyota Inventory Date Value Date Value Date Value Feb-15 153,608 Feb-15 145,509 Feb-15 343,400 Mar-15 190,481 Mar-15 169,232 Mar-15 325,400 Apr-15 173,144 Apr-15 177,143
Every appraiser has his own method in assessing diminished value. These are a few rules all bonafide appraisers should follow: The appraisal report needs to be USPAP compliant The appraiser needs to be unbiased The appraiser should have no financial interest in the item appraised The appraiser should not accept
Sporty Cars Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Chevrolet Corvette 94% Porsche Cayman 93% Porsche 911 91% Ford Mustang 88% BMW 2 Series 87% Volkswagen GTI 85% Porsche Boxter 85% Subaru Impreza WRX/Sti 84% Mazda MX-5 Miata 83% Dodge Challendger
U.S. Automotive Production vs. Sales – 2015 to 2016. U.S. Production vs. Sales. US Sales US Production Date Value Date Value Feb-15 1,258,515 Feb-15 1,384,734 Mar-15 1,546,465 Mar-15 1,628,658 Apr-15 1,455,471 Apr-15 1,532,976 May-15 1,635,199 May-15 1,510,215 Jun-15 1,476,719 Jun-15 1,599,337 Jul-15 1,528,168 Jul-15 1,329,757 Aug-15 1,577,418 Aug-15
Small Crossovers Rapid Increase The Fastest-Growing Vehicle Segment The fastest-growing vehicle segment in the first quarter was subcompact crossovers, the category that took off in 2015. The 10 subcompacts cars now on sale are up 83 percent for the year. Top contenders are Jeep Renegade, Honda HR-V, Mazda CX-3
Nissan’s Rise in U.S. Market Nissan North America’s U.S. sales and market share have risen. 2016 Q1 400204 0.098 2015 1484918 0.085 2014 1386895 0.084 2013 1248420 0.08 2012 1141656 0.079 2011 1042534 0.082 2010 908570 0.078 2009 770103 0.074 2008 951350 0.072 2007 1068237 0.066 2006 1019249
Leading The Off-Lease Wave The Toyota Camry and Honda Civic and Accord are leading a wave of 3.1 million off-lease vehicles. An increase of 20% from 2015. Each model is expecting to have more than 20,000 units coming off lease. Top-10 off-lease models: Toyota Camry Honda Civic Honda Accord Toyota
2016 vs. 2015 Chevrolet Cruze Comparison The improvements from the 1st-gen Cruze, launched in 2010, should allow Chevy to be competitive in compact car segment. The addition of a hatchback model in the fall and a diesel option in early 2017 could show a great deal of demand. Powertrains:
Honda’s New Hydrogen Fuel Cell Vehicle, Clarity, All About Aerodynamics Honda’s Future of Electric Vehicles Honda was the first to sell hybrids in the U.S., but it never had much success with its electrified cars. This year, Honda has something different to offer to the market. The second-generation hydrogen fuel
Luxury Midsize and Large Cars Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Audi A7 84% Lexus LS 84% Hyundai Genesis 83% Audi A6 82% Lexus ES 80% Mercedes-Benz S-Class 80% Lexus GS 78% Hyundai Equus 77% Mercedes-Benz E-Class 76% Cadillac CTS
Auto Market Insight Report For Van, Truck, and Crossover – 2016 Market Insights report offers the latest evidence of noticeable weakness in truck segments for 2016. See the below chart to identify which truck segments are feeling the greatest YOY to-date turnaround, such as the Full-Size Vans, Pickups and
Scandalous Testing Methods of Mitsubishi Motors Fuel Economy Testing Methods That are not compliant with regulations for 25 years. Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC). MMC released a statement after losing a half of its market value, a 3.9 billion dollars, “In
Lexus U.S. Sales – 2015 to 2016. Lexus U.S. Sales. Date Value Feb-15 22,995 Mar-15 31,054 Apr-15 25,876 May-15 29,671 Jun-15 26,121 Jul-15 29,816 Aug-15 33,487 Sep-15 25,294 Oct-15 26,436 Nov-15 29,340 Dec-15 41,380 Jan-16 20,933 Feb-16 23,090
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