Tag: Kelly Blue Book
U.S. July new vehicle sales forecast shows recovery post-software outage
The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...
Vanessa Ton discusses the barriers and opportunities for EV adoption by...
According to Kelley Blue Book, EV sales in the U.S. market surpassed 1 million units for the first time in 2023, but not everyone...
High interest rates undermine new auto incentives for car shoppers
Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual...
Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts
The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
New vehicle transaction prices drop, luxury brands offer significant discounts
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United...
KBB reports new vehicle ATP trends decline as incentives rise
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.
The average...
Auto dealers shift gears to drive profit in the service department...
Dealers are looking for new ways to increase sales at the store level and in the service department. Juan Flores, Senior Director of Product...
November’s average new car prices reach a record high
When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...
Toyota and BMW take the lead for most shopped vehicles
This week, the Q1 2022 Kelley Blue Book Brand Watch™ reports revealed that Toyota and BMW are back to having the most-shopped vehicles in...
The most important thing car dealers should do in today’s marketplace...
What are you doing to drive success in today’s marketplace? Today on Inside Automotive, we’re pleased to welcome back Kevin LeSage, Director of Digital...
