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This Week in Car Buying: Prices continue upward; Low cost leases; Refinance your loan; CarMax pushes into small markets

Estimated transaction prices for new cars continue to march upward, according to Kelley Blue Book data that shows the average hit $33,340 in June, a gain of 2.5 percent or $821 over last year. Month-over-month, the average price ticked up $209, a 0.6 percent increase. "Ford showed the strongest Average Transaction Price (ATP) gains last month, driven largely by its all-new F-150 and a transaction price 6.6 percent higher than previous... Read More


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Smart escooter will hit the streets in 2014

First seen at the 2010 Paris Auto Show in concept form, the battery-powered smart escooter has been approved for production. While no details were...


Nissan will build 4-cylinder engines in U.S. for Mercedes-Benz and Infiniti

Adding a new dimension to its U.S. production presence, Nissan has broken ground on a new facility in Decherd, Tennessee, which will produce a new...


2013 Hyundai Sonata gains equipment, loses manual transmission

Hoping to leverage its popularity with buyers to an even higher degree, the 2013 Hyundai Sonata/Sonata 2.0T lineup rolls onto the scene with an even...


2012 Volkswagen Passat TDI runs record 1,626 miles on a tank of fuel

Veteran mileage-maxing experts John and Helen Taylor have managed to set a new world record for miles traveled on a single tank of fuel by driving a...


2013 Chevrolet Corvette ZR1 will pace this month's Indianapolis 500

Rekindling a long-term relationship with the Brickyard, Chevrolet will be back in force at this year's Indianapolis 500. In addition to returning as an...


Nevada issues first license plate in US for an autonomous vehicle

In a move intended to place it squarely at the forefront of the autonomously operated vehicle arena, Nevada became the first state in the U.S. to...


2013 Cadillac ATS luxury compact to start at $33,990

On sale this summer, the all-new, 2013 Cadillac ATS compact sport/luxury sedan will open at $33,990. That figure will be for the baseline rear-wheel...


BMW shows new M Performance Parts for the 3 Series and 5 Series

Following the announcement of its new BMW M Performance Parts accessory division at the 2012 Geneva Auto Show, the automaker has now shown the first...


2012 Toyota RAV4 EV officially unveiled

While a number of details regarding the 2012 Toyota RAV4 EV remain undisclosed, the automaker has just taken the wraps off of the final production...


2012 Chevrolet Camaro ZL1 joins the 11-second quarter-mile club

Intent on demonstrating just how quickly a 2012 Chevrolet Camaro ZL1 can sprint down the benchmark quarter-mile distance, a group of engineers recently...


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