November 1, 2017 - Industry News
Transaction prices continue to rise at a slower pace, with the third-quarter average up just 1% after averaging 3% gains in the first half of the year. And while KBB expects solid sales in October, flat transaction prices combined with ever-growing incentive spending signal headwinds for the new-vehicle market as the year nears its close.
Tags: Average Transaction Price, Kelley Blue Book, new-vehicle sales
October 25, 2017 - Industry News
Despite the expected decline, October looks to be relatively strong on strong replacement demand in hurricane-impacted states and higher incentive spending. Kelley Blue Book analysts, however, believe these are indicators that new-vehicle demand is still contracting.
Tags: Fiat Chrysler, Honda, Kelley Blue Book, new-vehicle sales, Nissan, SAAR, Toyota, Volkswagen
October 3, 2017 - Industry News
New-car affordability continued to be a challenge for car buyers, with the average transaction price closing in on $35,000 in September.
Tags: Acura, Average Transaction Price, Buick, Chevrolet, General Motors, Honda, Kelley Blue Book
September 27, 2017 - Industry News
Kelley Blue Book said replacement demand driven by hurricanes Harvey and Sandy is already being felt in some areas. The firm predicts that will continue into October and potentially November as vehicle insurance payouts are received.
Tags: Hyundai-Kia, Kelley Blue Book, new-vehicle sales, SAAR, Toyota
September 7, 2017 - Industry News
Out of the 22 vehicle segments tracked monthly by Kelley Blue Book, only 10 posted higher sales numbers compared to the first eight months of 2016. Of those 10, large vehicles commanded eight of those spots.
Tags: Kelley Blue Book, new-vehicle sales, SAAR
September 5, 2017 - Industry News
The average transaction price rose despite mixed results for major automakers, with Fiat Chrysler topping the list with a 6.1% year-over-year increase in the brand’s average price.
Tags: Fiat Chrysler, Hyundai, Kelley Blue Book, Kia, transaction prices
June 1, 2017 - Industry News
Transaction prices continued to climb at a steady rate in May, driven by the weakening sales mix of cars, according to the vehicle information side.
May 30, 2017 - Industry News
If the firm's forecast is realized, May's new-vehicle sales total would best April by 7% but would be flat with a year ago. The vehicle information site also believes retail sales will account for 80.5% of volume.
Tags: incentives, Kelley Blue Book, leasing, new-vehicle sales, SAAR
April 4, 2017 - Industry News
Fiat Chrysler and Toyota showed the greatest year-over-year improvement as prices and incentives gained ground last month.
Tags: Average Transaction Price, Fiat Chrysler, Kelley Blue Book, Toyota
March 1, 2017 - Industry News
With sales skewed toward utility vehicles, the average transaction price for light vehicles rose by $757, or 2.3%, from a year ago to $34,352 in February, the firm reported today.
February 15, 2017 - Industry News
Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.
Tags: Chevrolet, Chrysler, Honda, Kelley Blue Book, Kia, Nissan, Subaru, Toyota
February 13, 2017 - Industry News
Subaru and Acura ranked as the top automotive brand in Kelley Blue Book's annual 5-Year Cost to Own awards, which highlights the top luxury and non-luxury brands in 21 vehicle categories.
Tags: Acura, depreciation, Kelley Blue Book, Subaru
February 1, 2017 - Industry News
A sales mix in favor of utility vehicles drove up January’s average transaction price 3.3% from a year ago to $34,968. Among the greatest beneficiaries were the Detroit Three, with General Motors leading the way.
January 25, 2017 - Industry News
After a record December capped off a record year for new-vehicle sales, January appears to be enduring a hangover effect, the vehicle information site said. It expects sales to decline 3% from a year ago to 1.13 million units.
Tags: fleet sales, Kelley Blue Book, new-vehicle sales, Retail Sales
January 4, 2017 - Industry News
The estimated average transaction price for light vehicles in the United States reached an all-time record high of $35,309 in December, according to Kelley Blue Book. This increase, the firm noted, amounted to a 1.5% increase over the same time last year.
Tags: Fiat Chrysler, Ford, Kelley Blue Book, Nissan, transaction prices, Vehicle Sales
November 1, 2016 - Industry News
The estimated average transaction price for a light vehicle in the U.S. in October was $34,663, a 2.3% increase over the same time last year. Fiat Chrysler registered the biggest gain in average transaction price, followed by Nissan and Ford.
Tags: Ford, KBB, Kelley Blue Book, Nissan, transaction prices
October 27, 2016 - Industry News
For the first time on Kelley Blue Book’s record, SUV sales should top car sales in the United States. The firm also expects new-vehicle sales to decline 6% in October due, in part, to two fewer selling days vs. a year ago.
Tags: Kelley Blue Book, new-vehicle sales, SAAR, Subaru
August 11, 2016 - Industry News
Cox Automotive has named Brian Geitner president of its Media Solutions Group. He replaces Jared Rowe, who is departing the company for a new opportunity outside the automotive industry.
Tags: Autotrader, Cox Automotive, Dealer.com, Hiring, Kelley Blue Book
June 27, 2016 - Industry News
Kelley Blue Book expects June new-vehicle sales to increase 5% from a year ago to 1.55 million units. This predicted increase should result in an estimated 17.1 million seasonally adjusted annual rate (SAAR).
Tags: Compact Segment, CUV, June Sales, KBB, Kelley Blue Book, Mid-Size Segment
April 28, 2016 - Industry News
After a disappointing March, new-vehicle sales should bounce back in April, KBB said yesterday. The firm predicts new-vehicle sales will rise 4% from a year ago to a record 1.51 million units.
Tags: April, Kelley Blue Book, new-vehicle sales
April 27, 2016 - Industry News
Used-vehicle buyers are turning to sports cars in greater numbers thanks to low fuel prices, which are allowing them to forego fuel efficiency in favor of performance, KBB said this week.
Tags: Auction, Blue Book Market Report, First Quarter, KBB, Kelley Blue Book, Used Vehicle
April 20, 2016 - Industry News
Kelley Blue Book's new 'Get New Car Smart" marketing campaign is designed to reposition the brand away from being the used-car pricing and valuation destination to the go-to resource for new-car shoppers, company officials said.
Tags: Kelley Blue Book, New Vehicles, used vehicles, Vehicle Valuation
April 14, 2016 - Industry News
Results from a KBB.com survey show that 61% of drivers continue to multitask behind the wheel, with nearly half of respondents still using their mobile phones while driving.
Tags: distracted driving, In-Car Technology, Infotainment Systems, Kelley Blue Book
April 13, 2016 - Industry News
Through the integration, users of GoMoto's Customer Experience platform will be able to offer Kelley Blue Book's appraisal tool as part of the initial customer registration process. Users will also be able to use the appraisal tool to get service customers to trade up and explore their inventory.
Tags: Customer Engagement, GoMoto, Kelley Blue Book, Systems Integration
March 29, 2016 - Industry News
Officials said the integration of Autotrader, Kelley Blue Book and Dealer.com will grant dealers access to millions of online shoppers every month who are ready to purchase a vehicle.
Tags: Autotrader, Cox Automotive, Dealer.com, Kelley Blue Book
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