Today's News
Today's News: May 26, 2016
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KBB in the News
MarketWatch: Millennials prefer these cars to SUVs
U.S. News & World Report: Top ten reasons you paid too much for your car
Auto Remarketing: Shoppers want ‘good deal’ on vehicles that last 10 years
Boston.com: Why big carmakers are so eager to partner with startups like Uber
InformationWeek: VW invests $300 million in Gett, Toyota partners with Uber
Financial Post: How a car-crazy Canadian kid became Fiat Chrysler’s head of design
WacoTrib.com: Home sales, spending give Waco economy a lift
Kelley Blue Book Hot Car Report Analysis
“This week’s top 5 models are featured on KBB.com’s list of the 10 Coolest Cars Under $18,000 for 2016 and attest to the continuous growth in subcompact/compact car category,” said Dhara Mehta, senior analyst for Kelley Blue Book OEM Strategic Insights. “Despite the decline in gas prices and rise in consumer confidence, this segment remains hot among shoppers, mainly due to affordability, technology and being fun to drive. With such a value proposition, it is not surprising that these models are seeing high shopping activity…”
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)
OEM/Vehicle News
Volkswagen challenges U.S. jurisdiction in emissions scandal
Ford-backed nuTonomy to launch driverless cars overseas
BMW to appoint new finance and purchasing chiefs, report says
Industry/Dealer News
Senators ask for info on front-seat failures
Takata shares soar on report of KKR takeover interest
More research emerges showing consumers uninformed, wary of new vehicle technology
This is how your Uber ride is going to become safer
FenSens makes it easy to add parking sensors to your car
Automakers, tech companies decide to make deals, not war
International Automotive News
Fiat Chrysler has no agreement to sell stake to China’s GAC
Peugeot may raise European car market forecast for 2016
Ad/Media/Marketing News
Ad of the Day: Kia hamsters give deliverance a new spin, and a happier musical ending
Fifth Gear canceled, according to host Tiff Needell
NPR expects to ‘more than double’ its podcast revenue this year
Instagram code reveals 4 potential new features, including paying to boost posts
Google lets brands bid based on device type, hailed a ‘significant’ move
Spotify opens its popular playlists to sponsors
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