Friday, June 18th, 2010
Since the demise of Mercury, Ford’s last luxury brand is Lincoln. LeftLaneNews is reporting that the automaker is attempting to boost sales, after promising new products and technology in order to improve competition. To that end, all Lincoln purchases through September 7th, 2010 will come with free scheduled maintenance for the first three years, or [...]
Filed under: Buying Trends, Ford, lincoln 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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Wednesday, February 24th, 2010
Considering the fact that Toyota executives including CEO Akio Toyoda are currently being peppered with questions from Congress about recalls and safety issues, it seems especially ironic that Consumer Reports just named the Lexus LS 460L as their Best Car Overall for 2010 as part of their annual Top Picks list.
Granted, the Lexus line has [...]
Filed under: Buying Trends, Economy, Hyundai, Lexus by Mel
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Sunday, January 31st, 2010
Automotive News is reporting on the latest snafu with the retail auto industry: an arbitration process for dealers to be reinstated. On the surface it sounds like a great idea – after all, there were hundreds of car dealerships forced to close as the automakers that supplied them declared bankruptcy.
The problem is that – [...]
Filed under: Buying Trends, Economy, In the News by Mel
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