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October 4, 2017 - Industry News

Ford to Focus on Trucks, EVs, Connectivity

Photo of CEO Jim Hackett courtesy of Ford.

Ford CEO Jim Hackett said on Tuesday the automaker plans to reduce engineering costs by 50% through 2022. Ford will also shift investment into trucks and electrified vehicles, and reduce costs and investment in sedans and internal combustion engines.

Tags: Connected Vehicle, Electric Vehicles, Ford, Jim Hackett, Trucks

January 4, 2017 - Industry News

Black Book: Used-Car Prices Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns, Black Book reported this week.

Tags: Black Book, Cars, depreciation, Trucks, used vehicles

November 15, 2016 - Industry News

Black Book: Car and Truck Depreciation Slowing

Volume weighted, overall car segment values decreased by 0.46% the week of Nov. 4, which was lower than the 0.7% depreciation rate recorded during the four weeks prior. For the truck segment, values decreased by 0.34%, slightly lower than the 0.58% rate recorded during the previous four weeks.

Tags: Black Book, Cars, depreciation, Trucks, Wholesale Pricing

October 25, 2016 - Industry News

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

Tags: Black Book, depreciation, Retention, Trucks, used vehicles

October 19, 2016 - Industry News

Edmunds: Tacoma Truck Owners Are Most Loyal

According to Edmunds estimates, nearly 75% of Tacoma trade-ins this year have gone toward the purchase of another Tacoma. The popularity of Tacoma pickups, the study added, pushed Toyota’s overall truck loyalty rate to about 70%.

Tags: Study, Tacoma, Toyota, Trucks

October 13, 2016 - Industry News

Black Book: Truck Retention Rates Fall Again

Wholesale values continued to fall last week, although cars fared better than trucks, according to Black Book. The firm reported that the wholesale value for the overall car segment decreased by 0.57% from the week prior, while the truck segment declined 0.58%.

Tags: Black Book, depreciation, Market Insights, Trucks

August 4, 2016 - Industry News

Truck and Few Car Segments See Growth in 2016, Jumpstart Automotive Reports

Cheap oil prices in recent years have caused consumers to rediscover their love of SUVs, CUVs and trucks. Jumpstart Automotive said today that trend continued in the first half of 2016, with some notable exceptions.

Tags: Cars, Jumpstart Automotive, Trends, Trucks

December 11, 2014 - Industry News

Trucks Outselling Premium Brands Over $50,000

TrueCar's projected list of the top selling vehicles with a transaction price over $50,000: Graph via TrueCar.

Pick-up trucks and SUVs account for 6 of the 10 best selling vehicles with transaction prices over $50,000, TrueCar reports

Tags: Luxury Vehicles, new-vehicle sales, Trucks, TrueCar

January 28, 2014 - Industry News

ATD Chairman: ‘Let’s Tackle Regulations’

Dick Witcher, outgoing chairman of the American Truck Dealers, urged dealers at the ATD Convention & Expo in New Orleans to meet with members of Congress as “the first step in combating regulatory burdens.”

Tags: ATD, Dick Witcher, legislators, Regulations, Trucks

August 27, 2013 - Industry News

KBB: Crossovers, Pickups Lift August Sales Nearly 14 Percent

New-vehicle sales are expected to improve 13.6 percent in August 2013 to a total of 1.46 million units, Kelley Blue Book reports.

Tags: Ford, Honda, KBB.com, Kelley Blue Book, new-vehicle sales, Subaru, Trucks

May 16, 2013 - Industry News

NADA: Auction Prices for Full-Size Pickups Up 7 Percent

In the first four months of 2013, auction prices for full-size pickup trucks rose nearly 7 percent.

Tags: NADA, NADA Used Car Guide, sales, Trucks

October 9, 2012 - Industry News

Entry-Level Cars Most Volatile Car Segment, Black Book Reports

Black Book’s senior analyst Ricky Beggs reveals the most volatile wholesale auto segments over the last three months.

Tags: Auto Industry, Black Book, entry-level cars, Ricky Beggs, Trucks, volatility

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