June new auto prices in the US soared to a record high of over $48,000 USD, reported the latest data release from Kelley Blue Book. The new-vehicle ATP increased to $48,043, overtaking the previous high of $47,202 set in December …
Luxury vehicles led the way for price increases last month, but retail prices have become less affordable across the board due to continued supply issues. New-vehicle average transaction prices (ATPs) increased to $46,526 in April 2022, according to new data …
Kelley Blue Book revealed the 2022 winners of its 20th Annual Best Resale Value Awards, with Toyota capturing the “Brand” award and Lexus garnering the “Luxury Brand” award. “Toyota and Lexus, respectively, are the best vehicle brand and luxury brand …
Strong luxury sales last month helped drive average new vehicle prices in the United States up further—with new-vehicle average transaction prices (ATPs) reaching $47,077, according to Kelley Blue Book. In a news release, the company said prices were up significantly …
Kelley Blue Book released the names of its 10 Most Awarded Cars for 2021 and its 10 Most Awarded Brands of 2021, revealing that Toyota topped both lists this year. “There are many noteworthy automotive brands and vehicles in the …
Kijiji Autos and Cox Automotive Canada teamed up to launch a digital retail marketplace that leverages Dealertrack and Kelley Blue Book, and provides consumers with “total control” of the car-buying experience. Kijiji Autos announced the partnership in November, noting that …
New vehicle prices in the United States reached another all-time high in September 2021 for the sixth consecutive month, while also surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, KBB said …
Nearly 50% of car shoppers in the United States are leaving the market and delaying their purchase for the next several months due in large part to the impacts of the global microchip shortage on inventory and vehicle pricing, according …
New vehicle prices in the United States reached another all-time high in August 2021, for the fifth consecutive record-setting month thanks to an average transaction price of $43,355—up nearly 10% ($3,789) from August 2020 and up 1.6% ($685) from last …
Cox Automotive Canada’s Kelley Blue Book brand launched an enhanced version of its online vehicle valuation tool that provides trade-in values, auction values, and typical dealer asking prices. The company said its new MarketLens Pro version builds on the existing …
Following a record Q2 for new EV sales in the United States, Kelley Blue Book U.S. has recently published two new lists: the 10 Best Used Hybrids and EVs Under $20,000 for 2021 and the 10 Best Used Hybrids and …
A recent Kelley Blue Book report found that the electrified vehicle (EV) segment (which includes electric vehicles, hybrids and plug-in hybrids) is growing more quickly than any other in the United States. New-vehicle demand for EVs remains high, despite recent …
