First off, best wishes for a wonderful holiday weekend!
The five top selling vehicles in June were the usual favorites:
The first car from the Detroit three to crack the best seller list was the Ford Fusion at #11 and the best seller in the white hot crossover market was the Honda CR-V at #7.
Tesla reported it delivered 11,507 Model S cars in the second quarter – a new company record for most cars delivered in a quarter. That is roughly a 52% gain over the second quarter of 2014.
And we are shelling out more money to buy a new vehicle. The average transaction price last month was $33,340 and that is a new monthly record according to Kelley Blue Book. Forbes reports that the average selling price for the Ford F-150 was $44,100!
With strong demand for SUV’s, trucks and crossovers, bargain hunters should consider shopping for a coupe or sedan, where demand is much less in most cases. Hybrids and all electric vehicles have also not exactly been hot sellers.
Volvo has completely redesigned how children could travel safely in the future. What they came up with was making the front passenger seat capable of holding a child seat. Then one would swivel the front seat counter-clockwise when seating the child and then lock the seat in a rearward facing position. “Being able to maintain eye contact with your child from the rear seat, or being able to keep a bottle warm in the heated cup holders in the XC90 … would go a long way toward making life easier for parents taking their small child on a trip,” said Volvo’s Tisha Johnson. She said this also makes it easier to get children in and out of a seat, and provides the child with a safer rearward facing seating position. There was no indication when or if the new idea will appear in Volvo cars.
J.D Power has completed its acquisition of the NADA Used Car Guide. The guide first appeared way back in 1933.
Automotive News reports Jaguar Land Rover has signed a deal to build some vehicles at Magna Steyr’s plant in Austria. It is not known how many.