New car technology helps drive sales of domestic automobiles
Americans love new car technology. Those who purchase domestic vehicles cite new car technology as a reason for their decision more often than those who purchase foreign-made vehicles. About 38 percent of shoppers buying domestic vehicles said new car technology was important to them, compared with 33 percent of import vehicle buyers, reports J.D. Power in a 2014 study.  Additionally, domestic vehicle buyers who previously owned an import model are even more likely to purchase a domestic model due to its new car technology and features (40 percent). “Domestic brands in general are carving… Read More

Automakers lining up for Super Bowl of advertising
Seven automakers, including General Motors after a year’s absence, are queuing up for the Super Bowl of television advertising – Fox Sport’s broadcast of the NFL championship game, Super Bowl XLVIII, scheduled Feb. 2 at MetLife Stadium in New Jersey. And they’re anteing up a reported $4 million for each 30-second commercial they hope will boost their brands and/or sales among the game’s anticipated 100 million viewers. Besides General Motors, this year’s lineup includes Toyota, Volkswagen, Audi, Jaguar, Hyundai and Kia. Mercedes, Lincoln, Ram and Jeep will be missing, according to superbowl-commercials.org. For a lot of brands, nothing compares to… Read More

Bad-credit auto loan borrowing for used cars in full swing
Bad-credit auto loans are part of the reason for recovery of car, truck and SUV sales through last year and into 2014.* That includes used-vehicle sales, which make up a large portion of the market. “The ability of subprime customers to obtain vehicle financing helped the used-vehicle industry finish [2013] on the upswing as December capped an overall great year for the pre-owned market and pushed the full-year sales total above 40 million units,” reported SubPrime Auto Finance News. Used-car sales closed 2013 at just under 42 million units, CNW Research reported. An improving economy… Read More

Toyota, Chrysler, Ford big winners in Polk Loyalty Awards
Toyota Motor Sales (Toyota, Lexus) was the top winner in the 18th annual Polk Automotive Loyalty Awards announced last week at the Automotive News World Congress in Detroit. Chrysler Group (Chrysler, Jeep, Dodge, Ram, SRT, FIAT) scored the second-highest total of Loyalty Awards, which are based on actual model-year (2013) purchase/lease activity and recognizes manufacturers for superior performance in owner retention. Toyota earned nine Loyalty Awards, while Chrysler Group received five awards for the 2013 model year. Ford Motor Co. and Mercedes-Benz each took home four Loyalty Awards. Ford was recognized with… Read More

Honda, Ford and Toyota top 2013 list of most-researched vehicles
The Honda Accord was the most-researched car in America among new-vehicle buyers in 2013 our survey of top automotive sites revealed. The Accord was named on five top-10 lists and among the most-popular models on one additional list, which didn’t identify vehicles using a top-10 format. The results we surveyed were compiled by Consumer Reports, The Car Connection, Edmunds.com, Autoweek.com, AutoGuide.com and MSN-Autos and were based mainly on prospective buyers’ online research. Most of the top cars also appeared on Edmunds.com’s lists of most-popular vehicles of 2013. In addition to the Honda… Read More

Chevrolets best pickup truck, car of 2014 – Cars.com
Chevrolet scored a double victory Tuesday at the North American International Auto Show in Detroit as Cars.com and PickupTrucks.com named the 2014 Silverado 1500 and Impala their best pickup truck and car of the year. The Chevrolets were among six nominees in each of category for the 2014 awards. The Silverado, one of two GM trucks nominated, beat out Ford F-150, GMC Sierra 1500, Ram 1500 EcoDiesel, Ram 2500/3500 HD and the Toyota Tundra. The Impala outran two Mazdas, the Mazda3 and Mazda6, as well as the Acura MDX, Hyundai Santa Fe… Read More

How to use your 2014 tax refund to buy a car
What will you do with your tax refund? It’s not one of the frequently asked questions we receive at RoadLoans.com, but at this time of year it’s a good one for anybody considering the purchase of a new or used car. And if you did purchase a new or used car, you would be in some pretty good company. Millions of taxpayers – more than one in five of those who expect to spend their tax refunds on something vehicle related – will use the money to purchase a new or used car, suggests the report “Use Your Tax Refund… Read More

Santander Consumer USA Holdings IPO announcement
Santander Consumer USA Holdings Inc. of Dallas has announced commencement of an initial public offering. Certain stockholders intend to sell 65,217,391 shares of common stock in the offering. The initial price is expected to range between $22 and $24 per share. The company itself is not selling any shares and will not receive any proceeds from the proposed offering. See the full text of the Santander Consumer USA Holdings Inc. announcement …   This electronic transmission is intended for U.S. residents only. Nothing in this electronic transmission constitutes an offer to sell or a solicitation of an offer to buy… Read More

Best pickup truck, car nominees of 2014 – Cars.com
Six vehicles have been nominated for each Best Pickup Truck of the Year and Best Car of the Year awards from Cars.com and PickupTrucks.com. The nominees for the 2014 Best Pickup Truck award are two Rams, two GM trucks, a Ford and a Toyota. Car award nominations were led by Mazda, with two, and include an Acura, Chevrolet, Hyundai and Kia. The best pickup truck and car award winners will be announced by Cars.com in about a week during the North American International Auto Show in Detroit. Cars.com and PickupTrucks.com are… Read More

What is a new vehicle’s dealer invoice price?
Dealer invoice price. It’s something of a Holy Grail for new-car shoppers. Stated simply, a new vehicle’s invoice price is what a dealer pays to an auto manufacturer for a particular car, truck or SUV, and it’s the same for every dealer across the country. The invoice price doesn't include any of the dealer's costs for advertising, selling, preparing, displaying or financing the vehicle, according to Kelley Blue Book in an article “10 Steps to Buying a New Car.” “There are some instances where a dealer might be inclined to sell a car at or below invoice price,” writes Suzanne Kane… Read More