Honda won in the nonluxury division with a projected residual value of 50.1% after five years, while Acura took home the luxury crown with a projected five-year residual value of 45.4%.
Advertising experts at this week's J.D. Power Western Automotive Conference discussed how dealers and automotive marketers can increase sales through multicultural marketing and media.
Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.
Honda and Acura were the big winners, but the Cadillac ATS made big gains in ALG's Canadian Residual Value Awards.
Honda and Acura took the top spots in the Mainstream and Premium brands categories in ALG’s 14th annual Residual Value Awards. Toyota and Hyundai were also big winners.
Pied Piper’s Prospect Satisfaction Index shows industry-wide improvement, with Mercedes-Benz dealers capturing the highest PSI score.
Coming off of its best sales month ever in May, the 2013 Acura RDX was named NADAguides.com's Featured Vehicle of the Month for July.
A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.
A study by Forbes Insights revealed that the company anticipates luxury auto sales to stay strong into the foreseeable future.
The report lists the six top new-car buys by depreciation values, availability at dealerships, current incentives and other features.
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