Wednesday, September 22nd, 2010
The Hybrid Cars blog is reporting today on a story about Kelly Blue Book (KBB), advising that now might be the right time to purchase a used hybrid. While the folks at Hybrid Cars want to remind us all that saving money on gas is just one of the many reasons to purchase a hybrid [...]
Filed under: Economy, Going Green, Used Cars by Mel
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Wednesday, September 1st, 2010
August is rarely a banner month for auto sales, but August, 2010 stands out in sharp contrast to August, 2009, when the now-defunct Cash for Clunkers program boosted auto sales across the board, especially with Honda’s Accord, Civic, and CR-V, and the Toyota Camry. It should not be surprising then, that there have been fewer [...]
Filed under: Economy, Honda, Toyota by Mel
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Wednesday, July 14th, 2010
German luxury automaker BMW announced yesterday that it had significantly increased its 2010 forecast for sales an earnings, explaining that improved conditions in the global automobile market had given its outlook a marked boost. The firm has increased its forecast by about 10 percent, and now says it expects to sell more than 1.4 million [...]
Filed under: BMW, Buying Trends, Economy by Mel
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Friday, April 9th, 2010
Even though new car dealers across the nation were offering big incentives to buyers last month, in a successful effort to increase sales, values of used cars and trucks were not hurt. Figures from ADESA Auction, Inc. show that the average used vehicle in March, 2010 was 7 percent higher than the average price in [...]
Filed under: Buying Trends, Economy, Used Cars by Mel
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Friday, March 26th, 2010
Ford isn’t the only major automaker reaching out to customers with social media. GM is actually using SM techniques to keep customers happy in a post-bailout world. According to the folks at LeftLaneNews, GM vice chairman Bob Lutz has stated that while his company used to build cars to fill segments without paying much attention [...]
Filed under: Economy, GM, In the News by Mel
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