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TOP NEWS: Low Auto Lending Rates are Bringing Buyers In
2013-03-01 09:00:07| AutomotiveDigest.com - Automotive Industry News
Dealerships are showing a higher rate of sales due in part to lower financing rates, and ample financing opportunities for their customers. A recent Interest.com affordability study shows the average household income is not enough to purchase a new car these days, a growing concern for the industry. A recent Zipcar study reveals that Millennials are more reliant on mobile technology than transportation, becoming a heads-up to auto dealership marketing.The Article TOP NEWS: Low Auto Lending Rates are Bringing Buyers In appeared first on Automotive Digest.
TOP NEWS: Consumer Reports Rankings Lean Toward Japanese Automakers
2013-02-28 09:00:09| AutomotiveDigest.com - Automotive Industry News
The Lexus brand rose to the top of the 2013 Consumer Reports automotive rankings, joining other Japanese brands over domestic brands this year. A new automotive media company, Hitfigure, hopes to make it easier for dealers of late model pre-owned cars as older models continue to retain their value. Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, takes a close look at February auto sales as the month comes to a close.The Article TOP NEWS: Consumer Reports Rankings Lean Toward Japanese Automakers appeared first on Automotive Digest.
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TOP NEWS: Automakers Face Possible Recall from NHTSA
2013-02-27 09:00:45| AutomotiveDigest.com - Automotive Industry News
Ford, Honda and Toyota are being investigated by the NHTSA for various safety issues and could face recalls as the agency tightens its scrutiny. February sales figures are looking good, according to TrueCar.com estimates, as new and used car sales continue to show growth and incentives decline. Honda was ready to pull the plug on its Acura brand four year ago, but the picture is decidedly brighter now as Honda looks toward Acuras future.The Article TOP NEWS: Automakers Face Possible Recall from NHTSA appeared first on Automotive Digest.
TOP NEWS: GM and AT&T Join Forces for OnStar Connect
2013-02-26 09:00:07| AutomotiveDigest.com - Automotive Industry News
Beginning in 2014 in the United States and Canada, AT&T will be the wireless connect company for General Motors OnStar LLC connections. Google plans to launch its "Project Glass" program, possibly by the end of the year, where consumers can do their car shopping with "wearable computers." Mercedes hopes to lure younger buyers with an under-$30,000 model, hoping theyll become "buyers for life."The Article TOP NEWS: GM and AT&T Join Forces for OnStar Connect appeared first on Automotive Digest.
TOP NEWS: J.D. Power Highlights Younger Buyer Preferences
2013-02-22 09:00:05| AutomotiveDigest.com - Automotive Industry News
J.D. Power and Associates reveals buying preferences among younger buyers, who will make up a good chunk of dealer sales this year and beyond. Sonic Automotive, Inc., like its sister megadealers around the country, reported very good sales figures for the fourth-quarter 2012 and the full year. Honda Motor Co. is getting into the solar panel business with partner SolarCity our of San Mateo, CA, to provide solar panels to dealers and their customers.The Article TOP NEWS: J.D. Power Highlights Younger Buyer Preferences appeared first on Automotive Digest.
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