The U.S. government’s Car Allowance Rebate System (CARS), more commonly known as “cash for clunkers,” has ended effective today (August 24, 2009), we thought this was a good opportunity to discuss CARS’ impact on the used car prices and where the sector is headed going forward.
Effect of the program, so far.

The program was a massive [...]

First came the BMW X6.

Part Car – Part SUV – Part Hatchback/Coupe.
Now Audi is out with its A5 (not planned for release in US)

And shortly Honda is supposed to release a new version of Accord. Wonder what kind of combo it will be.
What do you think ? Is this category here to stay or yet [...]

Honda has always been one nimble player in the auto field. After ceding ground to Toyota Prius its back in the game with new model of Insight. And now it takes a step further with new CR-Z set to hit the market 2010.
Here are a few quick shots of the model.

While at it they are [...]

As GM moves through the reorganization process, it is banking on the Crossover category to energize car sales and bring consumers back into showrooms.
Due to its rising popularity, General Motors is expecting a growth of about 60% in this category by 2013. In fact, their first vehicle introduced since the reorganization is a completely [...]

NYTimes has an interesting article on this point here .
With government effectively owning 70% of GM – the issue of whether Americans will buy new cars at rates they were buying before the recession has a lot of ramifications to us as tax payers. It is, after all, our money that is financing the company.
We [...]

Newsweek has a good article on this topic here and our own research confirms this.
Economy is tight; Uncertainty and job insecurity are the themes of our current time. More and more people are hanging on to their cars for longer. Also, those who need to buy cars are hitting the net to find a reliable [...]

 
Are you loyal to your car? If you needed a new one, would you buy the same model or brand? 
 
About 50% of the customers in market for cars are brand loyal ie.. they buy the same brand of car that they already have. 
 
As for the rest of (fickle) folks, they put tremendous pressure on the car [...]

Honda Motor Co., Ltd. has announced that it will discontinue production of the S2000 sports car. The production for all regions will conclude by the end of June 2009.
 

 
The S2000 made its debut in 1999, as a genuine open FR sports car with what was at the time the world’s top level, high performance 4-cylinder [...]

News is bad these days – companies seem to be falling over one another in a rush to announce layoffs, plant shutdowns and more. 
 
On one hand companies lay off employees or ship jobs overseas and on the other hand, at the same time, whine why their customers are all broke. Ironic isn’t it ? 
 
In midst [...]

One thing that stood out during this years Detroit show was the fact that, hardly any new trucks or pickups were introduced.
 
The other thing was how the new vehicle launch presentations paled in comparison to past shows- you can probably tell from the videos we posted. After the AIG (post bailout) sandals and the state of current economy – [...]