New car sales

U.S. Fleet Shrinks, As More Vehicles Go To The Crusher
U.S. Fleet Shrinks, As More Vehicles Go To The Crusher

For the first time since Word War II, the annual number of vehicles scrapped exceeded the number of new vehicles sold. That’s solemn news for the auto industry. U.S. vehicle sales had been in a sustained boom period of 15 to 17 million vehicles per year from 1994 through 2007. And the size of the...Read More»

2010 Honda Civic Si Coupe
Honda Poised To Pass Chrysler In Sales, Become Number 4 In U.S.

It's no longer just Toyota that's running with the Big Three in terms of sales. Over the past month, Honda has quietly passed Chrysler as the number-four automaker in the U.S. market. That places American Honda after Toyota Motor Sales and the new General Motors Company in U.S. sales. The change in...Read More»

General Motors Cadillac Dealership
GM Kicking Off Brand-Wide Sale

General Motors is ramping up for the holiday season with huge sales across its four brands. Starting today, the automaker will be launching massive incentives for each brand in an effort to get rid of as much remaining 2009 inventory. Chevrolet will go with the “Red Tag Sale,” Buick-GMC...Read More»

From THE GOODS
New Cars More Affordable Than They've Been Since 2004

Attention, shoppers: new cars are more affordable today than they've been in over five years. According to Comerica Bank's Auto Affordability Index, it now takes the average family 21.9 weeks of income to pay off an average-priced vehicle. Sadly, that's not because household income has risen, but...Read More»

Ford Explorer Fire
Cash-For-Clunkers Reveals Weakness Among Detroit Brands

It's obvious from the comments on this site and others in the High Gear Media family that Cash-for-Clunkers remains a hot-button issue, and new data about the program is likely to fuel the fire: according to stats from the National Highway Traffic Safety Administration, most car buyers used...Read More»

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