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70Baby boomers now buying more new cars than their children

Could it be that the automobile's luster has faded over the years, that cars have become less synonymous with youth and freedom to Generation Y? A study by the University of Michigan Transportation Research Institute clearly says yes, but that's not the whole story, Bloomberg reports. Though young people are buying fewer new cars, baby boomers, the crowd born between 1946 and 1964, are buying more new cars.

159Over 10% of new car buyers skip the test drive

How disinterested are consumers in their cars? According to a new study reported in The Detroit Free Press, more than 10 percent of new car buyers can't be bothered to take a test drive.

62Study: Car buyers not impressed by celeb endorsements. How about you? [w/poll]

As Americans, there's no denying we have a healthy obsession with the lives of celebrities. From movie stars like Will Smith down to reality television "stars" like The Situation, people are curious as to what's going on in their world. What clothes do they wear, where do they get their groceries and what kind of car(s) do they buy? Sometimes a celebrity won't have much say in the vehicle they drive because they sign a sizable endorsement deal to tell us which vehicle we should be driving. As sa

6Shift towards smaller, more efficient vehicles began in 2007 and there's no turning back now

2010 Mini Cooper 50 Camden Edition – Click above for high-res image gallery

27Survey outlines which qualities motivate new car buyers

So, you've found a car that catches your eye. It's attractive, has the features you want and is priced within your budget. Slam dunk, right? Perhaps, but a recent telephone survey administered by Consumer Reports proves that a number of additional factors can affect the decision to purchase a new car... and we don't mean cup holders.

53REPORT: "Lesser luxury" is the new black

Up until very recently, the reason that you bought a BMW 3 Series or a Mercedes-Benz C-Class was to prepare you to buy a 5 or an E in a few years. You know, ladders to climb, blowing up to do, de-luxe apartments in the sky to own. These days, according to a new study, that is less and less the case: fewer premium buyers are moving up and more buyers are actually moving down.

54As new vehicles sales fall, used car prices go up

The cynic in you might think that a rise in the price of used vehicles, just as new car sales are cratering worse than anyone can remember, is a not-so-transparent ploy to overcharge buyers. It turns out to be more a case of supply versus demand. Wholesale used car prices are bumping up as a result of sagging new car sales, according to auto auction company Manheim. Two-thirds of new car sales have a trade-in attached, which creates a supply stream of pre-owned vehicles to recycle onto dealer lo

46Automakers limiting options to reduce costs

With sales at a 26-year low, the Detroit 3 are trying almost anything to reduce costs and make more money from the cars they are selling. One of the biggest changes coming apes what some of the more successful Japanese makers have done all along: offering fewer configurations of their models. If you want leather, you option up for the higher-spec model and get the sunroof, two-zone climate control, larger wheels, and steering-wheel-controlled MP3 stereo system too. Soon, you'll see a similarly s

36Is Japan facing a post-car society?

Could the country that gave us the NSX, Godzilla -- and the other Godzilla -- and The Fast & The Furious: Tokyo Drift be on the verge of giving up cars for good? With car buying down by close to 33-percent since 1990, Japan is claimed to be in the grips of kuruma banare, which, for Japanese carmakers, is the polar opposite of hakuna matata.

22How Come Fewer Americans Are Buying New Cars? - Autoline with John McElroy

Shhh. Don't tell the car companies, but every year a smaller percentage of Americans are buying new cars.

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