Today's News

“The Chevy Trax keeps gaining steam in what is set to be a very busy year for the brand,” said Akshay Anand, senior analyst for Kelley Blue Book Insights. “With a whopping five model launches/redesigns in the 2015 calendar year, Chevy is a brand to watch out for in terms of gaining market share as long as it keeps putting strong product into the marketplace. However, the Trax will have plenty of competition in the form of vehicles such as the Jeep Renegade, Honda HR-V, Mazda CX-3, Fiat 500x and more. The Lexus RX is the dominant SUV/CUV in the luxury landscape, and is set for a redesign in the near future. The NX was a natural move, as car shoppers continue to clamor for smaller utility vehicles; and Lexus already has association with strong SUV/CUV product. To no surprise- all five risers this week are CUVs, continuing the growth story seen in 2014.”

 

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)

 

 

Top News

 

Cadillac boss: 'Too many' dealers in U.S.

 

Cadillac boss to introduce ‘boutique’ store concept to 700 dealers

 

Honda to debut all-new Pilot crossover at Chicago Auto Show

 

 

OEM/Vehicle News

 

GM’s Treasury bailout records shouldn’t be secret, U.S. judge told

 

GM issues stop-sale on crossovers for problem with Goodyear tires

 

Analyst sounds reality check on Tesla Motors

 

Ford to open r&d lab in Tesla's backyard

 

BMW names former Audi executive as new head of Mini brand

 

Hyundai reports earnings drop, forecasts weak sales

 

 

Industry/Dealer News

 

Car shoppers looking to complete purchase by 90-minute mark

 

3 beacons to guide dealers at NADA 2015

 

Detroit auto show: Hits and Misses

 

 

International Automotive News

 

Toyota may lose global sales lead to VW as China sales lag

 

China's auto market in 2015: Less growth, more competition

 

Hyundai Q4 profit falls 19% on weak yen, ruble plunge

 

Japan investing big in hydrogen power

 

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