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As 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 lots. With sales so far down, trades are harder to ... Read more →
VW Touareg V6 TDI price: $42,800 Jonathon Ramsey
A gent named Chris at VW of Langhorne, Pennsylvania, just received the order guide for the Touareg V6 TDI, and the numbers reveal that it will arrive on our shores in January with a base price of ...
Chevy Cruze could be priced higher than rivals Jonathon Ramsey
Remember when we told you that GM plans to make more money off of its small cars by upping its prices? Well, as far as the Cruze is concerned, not only do they plan to charging substantially more ...
Hyundai car prices set to rise Chris Shunk
The skyrocketing cost of commodities like steel and aluminum have pushed several automakers to raise the price of 2009 models. Hyundai is bumping the price of its 2009 models an average of two-percent ...
GM may raise vehicle prices rather than sell to fleets, offer incentives Jeremy Korzeniewski
Recently, Toyota adjusted its sales projections for 2008 downward, and although GM is not following suit, it is hedging its bets by moving some non-product related expenses, i.e. stuff that cost money ...
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Saw dust shortage to affect car prices? 1 year ago on Autoblog
In the past few years, we've all heard about the price of cars and trucks being impacted by the price of steel. We've also heard about the reduction in the numbers of trucks sold due to the downturn of the housing market. According to this article (sub. req'd), there is a new raw material affecting ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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