In response to rising fuel prices, Kelley Blue Book said today that used, compact-car values could realize the same 20 percent gains seen in 2011. The site advised dealers to stock up now before prices further increase.
Kelley Blue Book said yesterday that it expects new-vehicle sales to surpass 1.05 million units this month, which means the industry would be pacing at a 13.8 million seasonally adjusted annualized rate (SAAR) — a 6.4 percent improvement from the year-ago period.
Kelley Blue Book (KBB) announced that its Auction Value solution has integrated with Auction Genius, a web-based software provider for auto dealers buying vehicles at auction.
Kelley Blue Book analysts project January new-vehicle sales to pace at a 13.2 million seasonally adjusted annualized rate, and lists the European debt crisis and heightened tensions with Iran as threats to industry sales this year.
Kelley Blue Book announced that Toyota reclaimed the No. 1 spot for brand loyalty on the site in the fourth quarter, a position it last held in 2010
Kelley Blue Book released its list of the most-researched new vehicles of 2011, and revealed the Top 5 brands with the greatest share of market interest for the year.
Kelley Blue Book’s Blue Book Market Report for December 2011 revealed that vehicles typically found in high volume within rental fleets have appreciated the most since the start of the year.
Kbb.com tabbed the new Porsche 911 as the best redesigned vehicle for 2012, giving the carmaker high marks for the iconic vehicle’s revamped exterior and interior design, enhanced performance and clever engineering.
Expecting used-vehicle values to jump 4 to 6 percent early next year, Kelly Blue Book is encouraging used-vehicle shoppers to pull the trigger before the end of the year.
Toyota improved its 60-month average residual value by 2 percentage points compared to its 2011 average, allowing the company to best Subaru, last years' winner.
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