Polk Sees Positive Signs for Vehicle Purchases
According to a recent market study by R.L. Polk, about one-third of those interviewed plan to buy a vehicle within the next year, and two-thirds of them plan to buy used -- creating a state of optimism for the industry reinforced by auction center trends.
Ford Only Automaker Leading Two Segments in Fuel Economy, Safety
Ford's all new Fusion and Milan in standard and hybrid versions received top safety ratings from the Insurance Institute for Highway Safety. They join the Escape and Mariner which also received "Top Safety Pick" in also getting the best fuel economy in their respective segments. Ford is the only automaker to capture top spots in two segments.
New Rollover Test Shows Roof Weakness
A new test from Insurance Institute for Highway Safety say the Kia Sportage, and its sibling the Hyundai Tucson, received poor ratings in a roof-strength test. Only four of the dozen small SUVs evaluated in a new test to see how well their roofs held up in a rollover crash got "good" ratings, and some of the country's most popular models did not fare well.
Auto Lenders See Improved Prospects
Used-car values are rising quickly as buyers flock to replace used with used. This is an important factor for valuing off-lease vehicles headed for auction and may rejuvenate auto leasing which took a hit last year. It should open up prospects for auto lenders as well.
AutoNation Direct Receives WomenCertified Seal of Approval
Joining the WomenCertified program to eliminate undue stress for women when buying a vehicle, AutoNation Direct sets up "Car Buying Her Way" program to guide buyers through the shopping process, either via phone or Internet, with the help of a personal shopper.
