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Edmunds Press

Latest news from Edmunds Press with daily update to provide the family news, health news, online news, world news, sports news, video news, food news, national news, politics news and many more from Edmunds Press.



lexus, kia, jeep score most attention from car shoppers on edmunds during super bowl lii

santa monica, ca — february 04, 2018 — a rock star speeding backward in time, an action sequence from a new superhero movie and a high-speed dinosaur chase: automakers that aligned vehicles with spectacle, celebrity and pop culture during super bowl lii succeeded in attracting the most shopper attention on edmunds, the leading car shopping and information platform. edmunds analysts tracked traffic to brand and model pages on both its desktop and mobile sites during the game to see which automotive ads were most successful in driving immediate shopper interest. percentage lifts are compared to average sunday traffic levels on edmunds.the ad for the lexus ls proved most successful on the model side, with traffic up 1,080 percent to its pages on edmunds during the game. traffic to the kia...





new vehicle prices drop in january after five months of growth

santa monica, ca — february 01, 2018 — the average price of a new vehicle is expected to drop in january for the first time in five months, according to the analysts at edmunds, the leading car shopping and information platform. edmunds estimates that the average transaction price of a new vehicle will dip to $36,115 in january, down $380 from the record high of $36,495 set in december 2017. despite this decline, average transaction prices for new vehicles are still expected to be at near-record levels. edmunds experts estimate the average transaction price of a new vehicle will be three percent higher in january compared to january 2017 and 13 percent higher than the average cost of a vehicle in january 2013. the average down payment on a new car is also estimated to drop slightly to ...





auto sales expected to cool down in january, edmunds forecasts

santa monica, ca — january 24, 2018 — edmunds, the leading car shopping and information platform, forecasts that 1,121,932 new cars and trucks will be sold in the u.s. in january for an estimated seasonally adjusted annual rate (saar) of 16.7 million. this reflects a 29.8 percent decrease in sales from december 2017 and a 1.4 percent decrease from january 2017."in january, automakers are expected to pull the reins in on the more generous incentive programs that we saw at the end of 2017," said jessica caldwell, executive director of industry analysis at edmunds. "however, it's typical to see a slowdown at dealerships in january following the high-selling holiday months. this isn't necessarily a solid indicator of the direction that the year is headed in terms of overall sales."sl...





toyota e-palette concept wins inaugural edmunds ces tech driven hackomotive award at ces 2018

santa monica, ca — january 10, 2018 — edmunds, the leading car shopping and information platform, and the consumer technology association (cta)tm, the producer of ces®, the global stage for innovation, today awarded the inaugural 2018 edmunds ces tech driven hackomotive award to the toyota e-palette concept vehicle. the hackomotive award recognizes the most innovative, transformative automotive concept or technology unveiled or announced during the show. "buzzwords like future mobility and autonomy reverberate throughout the show floor at ces, but toyota's innovative e-palette concept stands out from the crowd thanks to its near-term implementation, established partnerships and visionary execution," said alistair weaver, edmunds vice president of editorial and editor-in-chief. "th...





edmunds and the consumer technology association announce winners of the inaugural edmunds ces tech driven awards

santa monica, ca — january 04, 2018 — edmunds, the leading car shopping and information platform, and the consumer technology association (cta)tm, the producer of ces®, the global stage for innovation, today announced six of the seven winners of the inaugural edmunds ces tech driven awards. the awards announced today recognize the automakers at ces that have developed the most forward-thinking vehicles and technology features available for car buyers to purchase in 2018. the seventh award category honors the most transformative new concept vehicle or automotive technology announced at ces, and the winner will be named during the show. "ces has become a premier venue for automakers to debut and showcase their most progressive visions for the future of mobility," said alistair weaver,...





new vehicle prices climb to all-time high in december

santa monica, ca — january 03, 2018 — the average price of a new vehicle is expected to hit the highest point in history in december, according to the analysts at edmunds, the leading car shopping and information platform. edmunds estimates that the average transaction price of a new vehicle was $36,495 in december, which is a 3 percent increase compared to december of 2016 and a 13 percent increase compared to december of 2012. the average down payment on a new car is also estimated to reach all-time high in december of $4,056. this is up $227 compared to december of 2016 and $105 from five years ago. "vehicle prices have been rising all year but really hit a crescendo in december. even though holiday bonus checks likely played a role in boosting down payments to record levels, when ...





december auto sales expected to close 2017 on a high note, forecasts edmunds

santa monica, ca — december 20, 2017 — edmunds, the leading car shopping and information platform, forecasts that 1,587,640 new cars and trucks will be sold in the u.s. in december, for an estimated seasonally adjusted annual rate (saar) of 17.7 million. this reflects a 14.0 percent increase in sales from november 2017, but a 5.8 percent decrease from december 2016, which was a record month for the industry. "auto sales got off to a sluggish start in 2017 but managed to finish in a fairly decent place," said jessica caldwell, edmunds executive director of industry analysis. "even though december sales were down year over year, we expect it to be the highest volume month of 2017. shopper traffic to dealerships really picks up once we get on the other side of the christmas holiday as ...





green car sales to hit new record in 2018, according to new analysis from edmunds

santa monica, calif. — december 18, 2017 — 2018 is looking to be the greenest year yet for the auto market, according to new data from edmunds, the leading car shopping and information platform. edmunds analysts project that overall market share for green vehicles (evs, plug-ins and traditional hybrids) will reach 4.4 percent in 2018, compared to an estimated 3.2 percent in 2017. edmunds also predicts sales of plug-in vehicles will double in 2018 as compared to 2017, outselling traditional hybrids by the end of next year. "even if tesla doesn't meet its full production commitments for the model 3 until midsummer, 2018 will still be a hallmark year for green vehicles," said jessica caldwell, edmunds executive director of industry analysis. "the price of batteries is coming down, ev ...





edmunds announces partnership with consumer technology association to produce new vehicle tech awards program at ces

santa monica, ca and arlington, va — december 14, 2017 — edmunds, the leading car shopping and information platform, and the consumer technology association (cta)tm, the producer of ces®, the global stage for innovation, today announced a new automotive technology awards program for ces 2018. the edmunds ces tech driven awards will honor the automakers, vehicles and technologies poised to revolutionize the automotive industry. "the automotive and technology industries converge at ces, with more and more automakers using the show as a platform to debut their most transformative ideas and breakthrough new features," said edmunds' ceo avi steinlauf. "it is the perfect place to celebrate automotive innovation and we're thrilled to be teaming up with cta to debut the tech driven award...





demand for suvs drives vehicle prices to new record in november

santa monica, ca — december 01, 2017 — the average transaction price of a new vehicle topped last month's record and hit a new all-time high of $35,852 in november, according to the analysts at edmunds, the leading car shopping and information platform. this is a 2.3 percent increase compared to november of 2016 and a 12.1 percent increase compared to november of 2012. the average down payment on a new car, $3,906, also reached near-record territory in november. this is up $290 compared to november of 2016 and $284 from five years ago. "2017 has been the year of the suv," said jeremy acevedo, manager of industry analysis at edmunds. "consumers have proven time and time again this year that they're not afraid of the bigger price tags, higher aprs and longer loan terms." shoppers w...





black friday halo effect expected to boost november auto sales to 17.8 million, a new 2017 high

santa monica, ca — november 22, 2017 — edmunds, the leading car shopping and information platform, forecasts that 1,422,212 new cars and trucks will be sold in the u.s. in november for an estimated seasonally adjusted annual rate (saar) of 17.8 million. this reflects a 5.3 percent increase in sales from october 2017, and a 3.5 percent increase from november 2016. "usually, the first two weeks of the month are slow, especially before a holiday," jessica caldwell, edmunds executive director of industry analysis said. "but this year retailers are pushing the black friday bargains throughout the entire month of november, and it's putting everyone in a buying mood. it also doesn't hurt that automakers are starting to really sweeten the deals to clear out lingering 2017s and end this ye...





auto sales expected to dip slightly in october, forecasts edmunds

santa monica, ca — october 25, 2017 — edmunds,the leading car shopping and information platform,forecaststhat 1,317,738new carsand trucks will be sold in the u.s. in october, for an estimated seasonally adjusted annual rate (saar) of 17.6 million.this reflects a 13.3 percent decrease in sales from september 2017 and a 3.5 percent decrease from october 2016.edmunds analysts say thatwhilesalescontinue to be slower this year compared to 2016,if incentives can entice enough car buyers to clear out the high levels of 2017 inventory then the year should still finish historically strong."a 17.6 million saar in october is expected to be the second highest monthly sales rate of 2017, so despite the year-over-year decline, the industry can still consider it a solid month,"said jessica caldwell...





edmunds names alistair weaver as vice president of editorial and editor-in-chief

santa monica, ca — november 21, 2017 — edmunds, the leading car shopping and information platform, has named alistair weaver as its new vice president of editorial. in this role, weaver will serve as the edmunds editor-in-chief, leading a team of over 30 content producers supporting the edmunds site and its owned social media platforms. this team is responsible for written editorial reviews and features, vehicle testing, video production, photography and social media. reflecting edmunds' commitment to industry-leading content, he will also be a member of the executive leadership team.weaver is an award-winning journalist, producer and on-camera host with 20 years of experience contributing to some of the world's leading automotive and men's lifestyle publications and broadcast outle...





honda, mercedes lead 2018 edmunds buyers most wanted awards

santa monica, ca — november 16, 2017 — edmunds, the leading car shopping and information platform, today announced the winners of its 2018 edmunds buyers most wanted awards. this recognition honors the most in-demand vehicles in 17 segments, based on sales, days-to-turn and shopper interest data on edmunds. "the vehicles recognized as edmunds buyers most wanted are doing everything right when it comes to attracting the attention of car shoppers," edmunds executive director of industry analysis jessica caldwell said. "these awards represent the voice of the customer and celebrate the vehicles that are winning both the hearts and wallets of car buyers." seventeen vehicles were recognized, with one winner in each vehicle segment. honda and mercedes top the list with four vehicles each...





edmunds experts anticipate near-record deals on new cars for black friday

santa monica, ca — november 15, 2017 — car shoppers can add doorbuster bargains to their list of things to be thankful for this thanksgiving. according to experts at edmunds, the leading car shopping and information platform, car shoppers will find some of the best deals in years on new vehicles this black friday. "incentives reached near-record levels in october, so we expect automakers to continue to sweeten savings as the year winds down," said jessica caldwell, director of industry analysis at edmunds. "with slower sales of 2017 model year vehicles, automakers and dealers are more likely to leverage fully the black friday holiday as an opportunity to thin bloated inventories to make room for 2018 models." edmunds research shows that black friday is one of the biggest car shoppi...





edmunds report reveals a car with 100,000 miles is more valuable than shoppers think

santa monica, ca — november 13, 2017 — it's been a long-held belief among car buyers and sellers that once a vehicle passes the 100,000-mile mark, its value begins to decline dramatically and its best days are behind it. however, the q3 edmunds used vehicle market report reveals that's now largely a myth. thanks in large part to a tight supply of late-model used vehicles, values don't dramatically decline once the odometer crosses the six-figure mark. edmunds' analysis reveals that vehicle values decline only incrementally between 100,000 and 150,000 miles, and the rate of depreciation is similar to the decline that occurs between 50,000 and 100,000 miles. "after about the first 40,000 miles, vehicles depreciate at a slow and steady pace. the most dramatic drop-off is actually dur...





new car prices reach all-time high in october

santa monica, calif. — november 1, 2017 — the average transaction price of a new vehicle hit a record $35,428 in october, according to the analysts at edmunds, the leading car shopping and information platform. this is a 2 percent increase compared to october of 2016 and an 12 percent increase compared to october of 2012. the average down payment on a new car also reached record territory in october, hitting $3,966. this is up $374 compared to october of 2016 and $454 from five years ago. "the shift away from passenger cars in favor of trucks and suvs is impacting all facets of the auto market," said jessica caldwell, executive director of industry analysis for edmunds. "interest rates are rising and bigger vehicles have higher price tags, but so far car shoppers don't seem to be s...





new car prices reach all-time high in october

santa monica, calif. — november 1, 2017 — the average transaction price of a new vehicle hit a record $35,428 in october, according to the analysts at edmunds, the leading car shopping and information platform. this is a 2 percent increase compared to october of 2016 and an 12 percent increase compared to october of 2012. the average down payment on a new car also reached record territory in october, hitting $3,966. this is up $374 compared to october of 2016 and $454 from five years ago. "the shift away from passenger cars in favor of trucks and suvs is impacting all facets of the auto market," said jessica caldwell, executive director of industry analysis for edmunds. "interest rates are rising and bigger vehicles have higher price tags, but so far car shoppers don't seem to be s...





auto sales expected to dip slightly in october, forecasts edmunds

santa monica, ca — october 25, 2017 — edmunds,the leading car shopping and information platform,forecaststhat 1,317,738new carsand trucks will be sold in the u.s. in october, for an estimated seasonally adjusted annual rate (saar) of 17.6 million.this reflects a 13.3 percent decrease in sales from september 2017 and a 3.5 percent decrease from october 2016.edmunds analysts say thatwhilesalescontinue to be slower this year compared to 2016,if incentives can entice enough car buyers to clear out the high levels of 2017 inventory then the year should still finish historically strong."a 17.6 million saar in october is expected to be the second highest monthly sales rate of 2017, so despite the year-over-year decline, the industry can still consider it a solid month,"said jessica caldwell...





car buyers are ready to embrace autonomous vehicles, new edmunds report reveals

santa monica, ca — october 23, 2017 — car shoppers are more ready for autonomous vehicles than they may realize, according to a new report from edmunds, the leading car shopping and information platform. thanks to the rapid adoption of active safety features, more than 60 percent of new vehicle models today can be purchased at level 1 or level 2 autonomy, as defined by the society of automotive engineers. five years ago less than a quarter of new vehicle models offered these features. "while there are a number of ways one can define who's 'leading' in the race to autonomy, analyzing the prevalence of active safety features demonstrates just how ready oems are to bring this technology to mass production, and how willing consumers are to adopt it," said jessica caldwell, edmunds exe...