Category Archives: prices

Subaru Raises 2015 Forester Prices

Subaru of America is increasing the prices on its hot selling Forester crossover – five consecutive annual sales records – for the 2015 model year. Continue reading

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Used Car Prices off Slightly

What is claimed to be a glut of vehicles coming to used car lots will drive down prices as much as two percent this year and increase the selection of shoppers. However, new car buyers will take a hit as trade-in values decline with higher monthly payments needed to make up the difference. Continue reading

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Cadillac ELR debuts in January at $75,995. Tesla Killer?

Sales of the 2014 Cadillac ELR hybrid coupe coupe will begin in January in all major U.S. metropolitan areas with a starting price of $75,995, including the destination charge. Continue reading

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Supply of Used Vehicles Up, Values Down Slightly

The latest used vehicles report for May and June shows U.S. used car supply rising, thereby decreasing trade-in values. Continue reading

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Some Corvette Prices Revealed – $51,995 to more than $73,000

Chevrolet revealed today some of the prices of the 2014 Stingray that goes on sale this summer but held back the MSRP of the highest performing Corvettes. Continue reading

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First Drive: Honda’s 2013 Accord – a Comeback Car?

It looks good. It feels good. It sounds good. A day of test-driving the all-new Honda Accord shows that for the 2013 model year, Toyota Camry will once again face strong competition from one of the best selling family sedans in the U.S. So strong is the Accord brand that the outdated outgoing model is still the second best seller in the family car segment, behind Camry even with Accord’s 5-speed automatic transmission that was badly lagging in the fuel economy rating wars. Continue reading

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Steep Gas Prices Have Little Effect on Used Auto Sales

Steeply rising gasoline prices have had little effect on the used car market since most people are sticking with the current vehicle, according to the National Automobile Dealers Association. This is the opposite of what happened when gas prices rose as recently as last year. Continue reading

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Incentives, Declining Used Car Prices Could Boost U.S. Auto Sales

New-vehicle incentives and rebates, as well as declining prices on used vehicles are a couple of factors pointing to steady auto sales as the summer months come to a close, according to the National Automobile Dealers Association. Continue reading

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Mustang GT with V8 Priced at $69,000 in Philippines Debut

The new Ford Mustang today debuted in the Philippines with a $69,100 price for the 5-liter V8 powered GT. This adds another meaning to muscle car – as in having the strength to lift a wallet that large. The 3.7-liter V6 Mustang is priced at almost $60,000 in Manila. Customer deliveries start in September. The descendants of the original pony car come from the AutoAlliance International Plant in Flat Rock, Michigan. Ford has had a spotty history in the Philippines and pulled out of the market in the early 1980s only to return in 1998. Japanese makes not surprisingly dominate the market. Continue reading

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2013 Lexus ES 350 Starts at $36,995, Hybrid at $2,750 Premium

Both of the new ES models are based on – and use the same gas and hybrid powertrains – as the 2013 Toyota Avalon, which seems an unusually strong car from both technical and design viewpoints. Avalon will not only give Ford Taurus, Buick La Crosse and Chevrolet Impala strong competition next year in a full-size car segment once dominated by the Detroit Three, but it will challenge the new Lexus ES as well. Continue reading

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Treasury and Education Departments Tout Higher Education

A new report released today by the U.S. Department of the Treasury with the U.S. Department of Education looks at the economic case for higher education. The election year maneuvering comes as President Obama calls on Congress to keep interest rates low for the 7.4 million borrowers who are expected to take out subsidized Federal student loans next year. Federal financial aid now represents 55% of all financial aid to undergraduates at two- and four-year institutions. Auto companies are struggling to hire engineers, particularly in electronics and telematics fields. Continue reading

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Air Fares Soar 10% in Q4 as 2011 Prices Highest on Record

The slow economic recovery the U.S. is enduring isn’t all good for embattled consumers as the average price of U.S. domestic air fares increased to $368 in the fourth quarter of 2011, up 10% from $335 in the fourth quarter of 2010, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. The latest price hike was far above $320 average fare during the same period in 2009 as the Great Recession took hold. Continue reading

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Tokyo Based Fujikura Guilty of Auto Parts Price Fixing

To date, including Fujikura, eight executives and five companies have been charged and have pled guilty in the department’s ongoing antitrust investigation into the auto parts industry. Three of the companies have pleaded guilty and have been sentenced to pay criminal fines totaling more than $748 million. Seven of the executives have pleaded guilty and have been sentenced to serve a total of more than 122 months in jail. Continue reading

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Acura 2013 ILX Compact Starts at $26,795 this May

The hot selling Civic costs several thousand dollars less, but if you think this car is cool then you will fork over the extra money for what Acura hopes will be perceived as “smart luxury.” Continue reading

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U.S. Fuel Consumption Drops in Q1 as High Prices Hurt

Total U.S. liquid fuels consumption fell by an estimated 850,000 bbl/d (4.5%) in the first quarter of 2012 from the same period last year, the Energy Information Agency announced this afternoon. However, hard-pressed consumers did not see that drop in demand reflected in the price of fuel since the energy markets do not always follow academic economic theory.
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