Now there's an attention-grabbing headline, eh? Although the answer to the riddle - pickup trucks and SUVs - might be somehow deflating, the numbers involved deserve a going over. According to TrueCar's figures (click on the table to enlarge), six of the year's ten best-selling vehicles in the US that sell for a transaction price above $50,000 are body-on-frame, and the Mercedes-Benz E-Class is the only foreigner to crack the top five.
By now, most of the leaves have fallen across many of our fine 50 states, and the first snowfalls have just begun to spread their way across what had been such finely manicured lawns in the Midwestern part of the country. Children have entombed themselves into their rooms, Halloween candy nestled away for the winter, and the prime season for buying new cars is coming to an end.
Autumn is upon us – at least for those of us living in the Northern Hemisphere (happy Spring, friends in the Southern!) – and that means the weather is cooling off, the leaves on the trees are changing into beautiful colors and the hot, hot sales months of summertime are slowing down. Well, for the most part, at least.
The auto industry in the US is doing great in 2014. According to our latest By The Numbers report, the Seasonally Adjusted Sales Rate climbed in August to about 17.5 million units, the highest figure since 2006. However, when you scratch underneath the positive surface, the rosy situation might not be as good as it seems. There continues to be a concern among insiders and analysts that while sales are strong now, they might not be sustainable. To keep financial results looking encouraging, some
Strong Performances From The Honda Accord, Jeep, Ram And Porsche
Americans love themselves some pickup trucks. It's a well-known fact, and it's demonstrated each and every month in the form of the top few nameplates as they appear on sales charts, starting with the Ford F-Series, as it has for, well, decades. More often than not, after that Blue Oval sits the Chevrolet Silverado. But not this month.
Now you've done it, America. A new study by IHS Automotive has revealed that American motorists are turning to the high-riding style of crossovers and sport utility vehicles more than they are traditional sedans. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new vehicle registrations. Sedans, meanwhile, cover just 35.4 percent. That represents a flip-flop from the same period five years ago, when the trusty four-door occupied 36.3 percent of registrations to the SU
Cuba is known as a nation that loves its cars. After the 1959 Cuban Revolution, the government made it nearly impossible to obtain a new vehicle. So Cuban drivers kept their '50s classics on the road even through today. Given this automotive enthusiasm, you might be surprised to learn that since the country began freely allowing new vehicle sales in January just 50 cars and 4 motorcycles have been sold through its 11 national dealers.
SAAR, in case you're not aware, stands for Seasonally Adjusted Annual Rate, and what it basically refers to, in this case, is the total number of automobiles experts predict automakers will sell in the United States in the 2014 calendar year. The big news is that the SAAR has been adjusted upward again, reaching the 17-million-unit level for the first time since July of 2006.