Will Electric Car Discounts Shock Sales?

With their relatively high prices, electric cars and hybrids have struggled to gain a foothold in the U.S. market. Automakers are hoping that lowering prices will spur sales of the all-electric Nissan Leaf and Chevrolet Volt extended range plug-in hybrid.   The Associated Press reports, "Nissan is offering cheap leases and big discounts on the Leaf because of slow sales of the all-electric car." According to the AP, in August, Nissan offered discounts that were $2,400 more than the ... continue reading»

Tags: Tips and Advice, Analysis, Chevrolet Volt, Nissan LEAF, Hybrid Cars, Model News, car deals

Haven't Bought a New Car in a While? The Market's Changed

Americans are keeping their cars for an average of six years, according to data from R.L. Polk and Company. That's the longest ownership period ever tracked by Polk, and it's part of a decade-long trend of Americans owning one car for a longer period of time. While Polk says there are lots of reasons why people are owning their cars longer, including longer finance terms and the recession, keeping a car for a long period of time ... continue reading»

Tags: Tips and Advice, Analysis

Midsize Madness: 2013 Ford Fusion Hybrid Gets Up to 47 MPG

The 2013 model year is shaping up to be a big one in the midsize car class, with four of the top-selling cars in the class – the Honda Accord, Nissan Altima, Chevrolet Malibu and Ford Fusion – coming to the market with significant redesigns. The best-selling car in the class, the Toyota Camry, was redesigned last year. The Ford Fusion Hybrid just threw down the gauntlet, however, achieving an EPA-estimated 47 miles per gallon. The Fusion Hybrid, which Ford calls "America ... continue reading»

Tags: News, Analysis, Gas Prices, Affordable Midsize Cars, Model News, Fuel Economy, 2013 Ford Fusion

Do Super Bowl Car Commercials Affect Your Consideration?

Many people watch the Super Bowl just for the commercials, and automakers are some of the biggest spenders when it comes to Super Bowl advertisements. If you’re in the market for a new vehicle, do witty ads for new cars make you consider vehicles that weren’t already on your list? This year, Acura, Audi, Cadillac, Chevrolet, Honda, Hyundai, Kia, Lexus, Suzuki, Toyota and Volkswagen are among the automakers slated to run commercials. They’ve spent a lot of ... continue reading»

Tags: Analysis, Super Bowl, Super Bowl car commercials

Increasing Number of Car Shoppers Buying American

More car shoppers are buying or are more strongly considering buying American brand cars, according to the 2012 J.D. Power and Associates Avoider Study. This study “examines the reasons consumers fail to consider—or avoid—particular models when shopping for a new vehicle,” according to J.D. Power. The study finds that “the percentage of buyers who avoided import models because of their origin has increased to 14 percent in 2012—the highest level since the inception of the ... continue reading»

Tags: Analysis, Sales Trends, BMW, Ford, Honda, Mercedes Benz, Toyota, Volkswagen, GM

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