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March 1, 2016

Average New-Vehicle Transaction Price Reaches $33,781, KBB Reports

The average transaction price for a new car rose 2.2% to $33,781 in February, Kelley Blue Book reported today. The vehicle information site also noted that incentive spending is nearing pre-recession levels, as vehicle OEMs look to offset rising prices.

February 11, 2016

KBB Announces Winners of Five-Year Cost to Own Awards

Hyundai and Acura took the top honors, winning the competition's Best Brand and Best Luxury Brand awards, respectively. The contest looks at a vehicle’s depreciation, fuel costs, finance and insurance fees, maintenance and repair costs, and state fees to find its winners.

February 11, 2016

Cox Automotive Hires Creative Agency for Autotrader, KBB Brands

Cox Automotive has named Zambezi as its lead creative agency for its Autotrader and Kelley Blue Book brands. Zambezi will work with both companies to help change the way they collectively approach marketing and communications for consumers.

December 16, 2015

Industry Analysts Discuss Rate Hike's Impact on Vehicle Sales

The Federal Reserve voted unanimously today to increase its target funds rate by a modest quarter point. One market research firm believes that could cut into sales by 150,000 units.

December 2, 2015

Volkswagen Suffers 24.7% Drop in Unit Sales

The effects of Volkswagen’s diesel engine scandal are beginning to sink in, with the automaker reporting a 24.72% drop in November sales.

December 2, 2015

KBB, Autotrader Report Strong November Unit Sales

Autotrader and Kelley Blue Book reported stronger-than-expected auto sales during the month of November. The overall industry health is looking strong, but the two firms noted several risk factors that could negatively impact the industry as it heads into 2016.

November 3, 2015

New-Vehicle Transaction Prices Rise More Than 1% in October

The Volkswagen brand, still suffering from the diesel emissions scandal, was the only brand to show a dip in average transaction prices.

October 27, 2015

KBB Predicts 12% Increase in New-Vehicle Sales

The vehicle information site said this week it expects new-vehicle sales to total 1.43 million units in October, the highest October sales volume in more than a decade.

October 13, 2015

Finalists Chosen for Kelley Blue Book Best Buy Awards

Kelley Blue Book announced the finalists for the Kelley Blue Book Best Buy Awards, which honors the top new model-year vehicle choices in the U.S. market.

October 13, 2015

Kelley Blue Book Adds Self-Service Portal for Mass Vehicle Valuations

Kelley Blue Book now offers its customers a new self-service interface for easy access to new- and used-car Kelley Blue Book Values and configuration data by VIN.