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Slow September Car Sales Could Be Good News for Consumers

September car sales were less than last year’s sales, but that doesn’t mean that consumers are buying fewer cars. Most analysts say the drop in sales compared with September 2012 is due to the fact that part of the Labor Day weekend, which typically accounts for a large number of car sales in September, fell in August this year. Alex Gutierrez, senior analyst at Kelley Blue Book, told CNNMoney, "A lot of consumers pulled ahead their sales into ... continue reading»

Tags: News, car deals, Car sales

Auto Sales Strong in May

The 2014 Cadillac ATS.  Cadillac posted May sales numbers show a robust month of new car sales. While that's good news for car companies, new car transaction prices were also high, which means consumers are paying more for new cars. According to data from Automotive News (subscription required), total automotive sales for May increased 8 percent compared with May 2012. So far in 2013, car sales are up 7 percent compared with the same period last year. Cadillac and Porsche saw the biggest sales gains ... continue reading»

Tags: News, Tips and Advice, Car sales

It's on a Boat: The Refreshed 2014 Hyundai Equus

2014 Hyundai Equus and John Krafcik Sixty-one heavily refreshed 2014 Hyundai Equus sedans are currently en-route to the U.S., but Hyundai Motor America President and CEO John Krafcik says that they’re not exactly where he’d like them to be. All of them are on the Morning Spruce, a cargo ship that's stuck near the Kamchatka Peninsula on the far east coast of Russia with a blown motor. The Equus makes up a small percentage of Hyundai vehicle sales, but there are other ... continue reading»

Tags: Model Updates, Hyundai Equus, Hyundai, Model News, new car incentives, Car sales

Big Auto Sales Mean Small Discounts in March

March auto sales numbers are trickling in with good news for most automakers, but bad news for consumers hoping to get a deal on a new car. Ford reports a 6 percent sales increase compared with March 2012. The Ford Fusion sold more than 30,000 units in March, which Ford says is a record for the model. The Ford Escape also broke its best monthly sales record, selling 28 percent more models than in March 2012. Ford also says ... continue reading»

Tags: News, Tips and Advice, Analysis, New car sales, Car sales

March Car Buyers Should Expect Good Deals

Vehicle manufacturers sold 1.19 million vehicles in the U.S. in February, which is an increase of 4 percent over the previous year, according to Automotive News (subscription required). Large auto sales numbers usually indicate less rebates and higher financing rates for car buyers in the following months. However, consumers looking for a new vehicle in March should expect “low finance rates, affordable lease payments, and most importantly, new and compelling product,” says Alec Gutierrez, senior market analyst of ... continue reading»

Tags: Analysis, lease deals, purchase deals, March car deals, Car sales

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