New-Vehicle Prices Surge to Record Highs — Five Months in a Row

Industry Average Transaction Price v. Industry Average Incentive Spend as % of ATP. Graph: Kelly Blue Book / Cox Automotive New-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month, according to a new report from Kelley Blue Book released Sept. 14. At $43,355, the

VW Is Getting a Fresh Face: 3 Key Takeaways

Volkswagen is taking the repercussions of its 2015 diesel scandal to their logical conclusion with a complete company rebranding set to debut at the 2019 International Motor Show Germany in Frankfurt. The automaker announced today that in addition to a new all-electric ID concept car, it will reveal a new

Toyota Considering All-Wheel-Drive Corolla With Electric Rear Axle

Toyota officials have revealed that a hybridized, all-wheel-drive Corolla is on the company’s mind. The model would use a system similar if not identical to that used on the Prius AWD-e, which features an additional electric motor to give the compact extra traction in all conditions, and at speeds of