Data gathered by the Power Information Network(R) (PIN) from J.D. Power shows that owners of large pickup trucks are less likely to trade their trucks in for a more fuel-efficient vehicle when gas prices are lower.
During the past week, Toyota Motor and General Motors jointly issued recalls affecting nearly a quarter-million vehicles from model years 2002 to 2005. GM also issued two recalls affecting the 2015 Corvette.
Amica Mutual ranks highest in auto claims satisfaction, according to the J.D. Power 2014 U.S. Auto Claims Satisfaction Study,SM ahead of Auto-Owners Insurance and State Farm.
According to a forecast developed jointly by J.D. Power and LMC Automotive, new-vehicle retail sales are projected to reach 1.1 million units for October 2014, a 6% increase over the same month in 2013 and the highest level for the month since 2004.
During the past week, two of the Detroit Three automakers announced large vehicle recalls. American Honda, Mazda, and Mitsubishi also announced small recalls. In all, approximately 845,000 vehicles are affected.
While the monthly volume of new-vehicle sales has traditionally been the primary determinant of the health of the U.S. auto industry, the unprecedented growth in the average price of new vehicles in the past five years must be considered another key indicator.
During the past week, Chrysler Group, Mitsubishi, and Nissan issued recalls of several different models affecting a total of just under 700,000 vehicles.
Porsche has announced the expansion of its iconic 911 lineup with the reintroduction of four new models for 2015, including coupe and convertible versions of a 911 Carrera GTS and 911 Carrera 4 GTS. Prices range from $115,195 to $133,795, including a $995 destination charge. All will be available at Porsche dealers by the end of the year.
A growing number of car buyers are using mobile devices while researching and shopping for new vehicles, and the results of the J.D. Power 2014 Automotive Mobile Site StudySM demonstrate the importance of providing these vehicle shoppers with a satisfying mobile website experience.
The 2015 Honda CR-V receives a number of changes designed to make the popular crossover SUV safer, more fuel-efficient, better to drive, and more technologically advanced than ever.