Today's News
Kelley Blue Book’s KBB.com saw a ‘monster gainer’ this week with 212 percent increase in traffic share. The winning title goes to the new Acura ILX, the entry-level luxury sedan with a starting price point around $26,000. This model features three trims: 2.0 liter, 2.4 liter and hybrid trim with an Environmental Protection Agency (EPA) estimated 38 combined mpg. However, it is worth noting that the big brother of the ILX with a slightly higher price point, the TSX, decreased in share this week. Is it a coincidence or a potential sign of intra-brand cannibalization? Time will tell…
For the full report and commentary, visit http://mediaroom.kbb.com/hot-car-report/.
(Please note: Past Hot Car Reports are available by clicking the ‘Archives’ link)
- Akshay Anand, Market Intelligence Web Analyst, Kelley Blue Book’s KBB.com
**Top News**
Toyota counting on exporting lean production to ride out strong yen, seek global growth
Volvo in talks with potential partners for North America vehicle output
Next-gen Chevy Malibu priced at $23,150
**OEM/Vehicle News**
Tesla ships first $100,000 Model S amid uncertain demand
Feds list Tesla Model S at 89 MPGe, 265-mile range
http://www.thedetroitbureau.com/2012/06/feds-list-tesla-model-s-at-89-mpge-265-mile-range/
Audi of America promotes Scott Keogh, chief marketing officer, to president
Saab’s new owners seek to secure brand rights
Porsche: No plans for model priced below Boxster
Porsche has no plans to go low-end
http://www.cnbc.com/id/47905053
Honda’s ‘toy box’ of technology
Toyota’s new Scion is truly something to behold
http://money.cnn.com/2012/06/21/autos/Toyota-Scion-FRS/index.htm
Bentley and Aston Martin unveil ultra-fast cars
http://money.cnn.com/2012/06/21/autos/bentley-gt-speed-aston-martin-vanquish/index.htm
Acura went ‘overboard’ says new design chief
http://www.thedetroitbureau.com/2012/06/acura-went-overboard-says-new-design-chief/
Audi A6: Similar look, but completely new
http://www.thedetroitbureau.com/2012/06/similar-look-but-completely-new/
Auto execs didn’t seek lavish pay
**Dealer/Industry News**
With Canada and Mexico, Pacific-rim trade deal may boost N.A. auto sector
Hydrogen-car booster see hope in new White House comments
**Ad/Media/Marketing News**
Volvo drives strong ‘Escape’ sponsorship
Cadillac talks tech with new XTS
Finding a 1980s limo for Tom Cruise film was a stretch
NASCAR takes checkered flag at ABA
The new marketing opportunities of mobile email
http://www.imediaconnection.com/content/32073.asp
***Want even more news from Kelley Blue Book’s KBB.com? Follow us on Twitter: www.twitter.com/kelleybluebook
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