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Pickups lead domestics higher

Strong pickup sales helped domestic automakers post faster rising March sales than many of the import brands, a profitable trend for owners of domestic franchises. The pickup truck market was quite hot,” Kelley Blue Book analyst Alec Gutierrez told AutoRetailBusiness.  “When ...
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Fresh models are key to success in the pickup market, say dealers surveyed by AutoRetailBusiness

Almost all dealers responding to our survey said new models are “very” important to sales in the segment. Fuel economy is also important: it is “somewhat” important to just over half of pickup customers, and “very” important to the rest, say dealers.No dealers thought that...
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More than just incentives are driving truck sales

Incentives may be driving truck sales now, but that doesn’t mean there isn’t real demand underlying the full-size truck market’s growth.Take Northside Ford, the largest seller of pickups in San Antonio, Tex. Sales are good right now because of “Truck Month,” sales manager Charlie...
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KBB: Dealers should brag about award-winning brands

Dealers representing brands that won 2013 Brand Image awards from Kelley Blue Book should use their websites to tout the awards, says KBB senior analyst Alec Gutierrez.“While consumers value information put forward by a third party, they still spend a lot of time researching online in de...
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Gen X and Gen Y turning to US and Korean cars, says Edmunds.com

Young new car buyers are buying from Korean and US brands, say analysts at Edmunds.com.Five years ago more half of young car buyers for the new vehicles from Japanese, the company says.But now “U.S. automakers have burst onto the scene in recent years with small, fuel-efficient and affor...
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The Polk Blog: Will Large Cars Survive?

Tom Libby at Polk has addressed an interesting question in his most recent blog.  We wanted to bring it to your attention, in case you missed it.Mainstream large cars, such as the Avalon, Maxima, Taurus and Impala, continue to lose favor. Their combined share of the U.S. market has re...
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New cars are sitting longer on dealership lots

Industry average days-to-turn — the average number of days vehicles were in dealer inventory before being sold — is on the rise, according to Edmunds.com.In February, average industry DTT rose 3.2% month-on-month to 64 days, a rise of 20.8% on the levels of February 2012.Of course, day...
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What drove the surge in mid-sized sedan sales last month? Take a look at incentives

Sales of mid-sized sedans led the pack in a strong February sales, representing approximately 17.7% of the 1.19 million total units sold last month, according to Kelley Blue Book.  February’s sales equated to a SAAR of 15.4 million. KBB forecasts mid-sized sedan sales in 2013 t...
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GM has best February since 2008: SAAR at 15.5 million

"Clearly, 2013 is off to a very good start for both General Motors and the industry as a whole” GM’s U.S. Vice President of Sales Operations, Kurt McNeil, told analysts and journalists in his round up on February sales.Brand by brand “this month was our best February since 2007 for C...
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Promising trend to new vehicle prices and volumes in February

February new car sales continued to set a promising trend, with a SAAR above 15 million for the fourth month in a row.  Some 1.2 million new cars were sold in February, giving the U.S. auto market a full year of 1 million-plus monthly sales, said analysts today.“The industry finds i...
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