Category Archives: prices

People Choose Low Loan Repayments and High Interest Rates

Borrowers appear to set targets for their monthly payment on rounded amounts like $200, $300, and $400, rather than choosing the most cost-efficient payments. When borrowers are offered cheaper loan terms, they are more likely to take out larger loans rather than pocket the savings. Continue reading

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Mercedes-AMG GT 53/63 Starts at +$100,000. Tops +$160,000

EQ Boost on the 53 model uses stored electric power from a 48-volt battery through an
Integrated-Starter-Generator, a powerful electric motor that combines the
functions of a starter and an alternator. This  assists the
internal combustion engine with up to an additional 21 horsepower and 184 lb.-ft.
of torque at low engine speeds. The Electric Auxiliary Compressor, exclusive to
AMG 53 models, assists in spooling the engine’s exhaust-gas-driven turbocharger
quickly at low-to-mid speeds, and it is capable of reaching 70,000 rpm in less
than a third of a second. Continue reading

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Doomsday? No-Deal Brexit Impact on UK Light Vehicle Market

If the UK leaves the EU without a deal, then the LMC assumption would be that vehicles exported to the EU from the UK would be subject to a tariff of 10% as the UK would, by then, have become a ‘third country’ under EU trade rules. Continue reading

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Rock Creek Trim Packages Join 2019 Pathfinder Line

All 2019 Pathfinder models have a 284-horsepower 3.5-liter V6 with Direct Injection Gasoline (DIG) system and Xtronic transmission. Torque is rated at 259 lb.-ft. Standard maximum towing capacity is a best-in-class of up to 6,000 pounds, which enables towing two-axle recreational trailers for watercraft, flatbeds or campers. Continue reading

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First 2019 Ford GT Heritage Edition Sells for $2.5 Million

The breathtaking return for a production car followed the auction on Friday of the first 2020 VIN 001 of the Mustang Shelby GT500 for $1.1 million. Ford will donate in total $3.6 million to two long-time charity partners – $1.1 million to JDRF, for funding type 1 diabetes research and $2.5 million to support United Way for Southeastern Michigan. Continue reading

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Corporate Raiders After Ford Motor Stock at Deep Discount

Baker Mills’ offer price of $7.00 per share in cash is approximately ~17.84% lower than the $8.52 closing price of Ford common stock on Dec. 14, 2018, the last closing price prior to commencement of the offer. The markets are closed today. Continue reading

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November Used Vehicle Prices Drop for Third Month

Some of the worst losses are in the luxury mid-size car segment, which has seen steady year-over-year declines since 2012. Prices for this segment are expected to decline by more than 7% annually. Continue reading

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Car Rental Rate Holiday Rip-Offs

Travelers in need of a rental car in Seattle this Christmas will pay a lot more than usual. According to a new survey from CheapCarRental.net, rental car rates have nearly quadrupled in the city for the holidays. Continue reading

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2018 Auto Retail Sales Down. Transaction Prices Set Record

“Despite retail sales falling for the sixth consecutive month, the continued growth in transaction prices is allowing manufacturers to offset lower sales with higher revenue,” claims Thomas King, Senior Vice President of the Data and Analytics Division at J.D. Power. “Consumers are on pace to spend nearly $45 billion on autos in December, up 1% from last year and the highest level ever recorded.” Continue reading

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Subaru, Land Rover Win ALG Residual Value Awards

The awards will be presented to automakers this week at Automobility LA. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for more than 50 years and in Canada since 1981. Continue reading

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Automobility LA – Fast EV Charging Network Plugged and Supported by Volkswagen Subsidiary Electrify America

However, industry observers note that there isn’t a clear focus in the U.S. to create an open electric vehicle charging network. In fact, the grid is to varying degrees populated by self-interested players in for a buck – as in charges via fees – and not necessarily for creating or sustaining potential consumer demands and expectations for convenience, reliability and speed. It’s true that these might ultimately become benefits, but one need only recall Enron* and its history with utility companies and how that worked out for consumers. Continue reading

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U.S. Used Vehicle Prices Drop for Second Consecutive Month

While not a discernible trend yet, it’s another warning that the auto market could be headed for a downturn. Continue reading

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GM Q3 Profits Ambush Analysts – Income $2.5 Billion EBIT

GM reported $2.5 billion in profits today at $1.75 per share, way beyond hapless analyst projections of $1.25 per-share earnings. Continue reading

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Consumers Can Save up to $3,000 on Auto Loan Packages?

In 2017, Americans spent $568.6 billion in auto loans1, yet 60 percent of buyers don’t know they can bring their own financing to the dealership. The company’s new Outside Financial (OF) Markup Index* reveals that, on average, new car buyers are charged $1,717 in hidden markups when arranging their loans through a dealer. Continue reading

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Variables Abound – Meet the New NAFTA

AutoInformed agrees that the text offers greater certainty about the future of North American automotive production, trade, and investments, the USMCA still must be signed, ratified, and the enabling legislation must be passed in each of the three countries before the agreement can go into effect on the target date of 1 January 2020. It’s by no means a sure bet. Continue reading

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