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Lower Monthly Payments Mean Leasing is on the Rise

2013 Honda Accord sedan Automakers have had strong new car sales so far this year, and an increasing number of leased 2013 vehicles may be part of the reason why more customers are driving cars off of dealer lots. A press release from Edmunds.com indicates that leases comprise a quarter of new car sales so far this year. That would be a 3 percent increase compared with 2012 if the trend continues. [READ: Buying vs. Leasing] “Lease offers have become more important to ... continue reading»

Tags: News, Sales Trends, Buying a Car, Leasing

Best May Car Deals on Small Cars

When analysts looked at vehicle sales for April 2012, they found that automakers sold 2 percent more vehicles than they did one year ago. Last month, the seasonally adjusted annual rate was 14.4 million vehicles, compared with a SAAR of 13.1 million in April 2011. Edmunds says that increase was driven by “a strong desire by consumers to purchase,” rather than “a lure of rich incentives because they did not exist.” TrueCar.com says automakers spent $120 less ... continue reading»

Tags: News, Sales Trends, car deals, affordable small car

Americans Buy More Diesel Cars

Clean diesel automobile sales in the United States increased 35 percent in the first quarter of 2012 compared with the same time one year ago, marking a consistent increase in diesel car sales, according to a study by HybridCars.com and Baum and Associates. In a press release, Diesel Technology Forum, a non-profit organization, says clean diesel vehicle sales increased by 21.2 percent in January 2012. February diesel vehicle sales were up 42.9 percent, and in March, sales ... continue reading»

Tags: News, Sales Trends, Diesel engines

Hyundai Can't Keep Up With U.S. Demand

A Hyundai representative reported Friday that the automaker won’t be able to keep up with consumer demand in the U.S. for some of its most popular vehicles. That means over the next few months, consumers likely won’t see incentives that are quite as good as they’ve been recently. Despite posting record U.S. sales last month, Hyundai’s U.S. CEO John Krafcik said that Hyundai likely won’t be able to grow U.S. sales ... continue reading»

Tags: News, Sales Trends, Hyundai, new car incentives

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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