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Japanese brands dominate ALG’s Residual Value Awards, with 12 of 19 individual segment leaders.
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RBC Bearings saved lease and maintenance expenses by moving to a shorter cycle with a flexible closed-end lease.
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Mercury’s current used brand value is approximately 12 percent below the industry average, and ALG has forecasted it to decline an additional 5.5 percentage points by 2013.
Read More →Following its sale, Volvo Cars will remain an independently run company. All U.S.-bound Volvos will continue to be built in Europe to maintain current order-to-delivery times. The promise is to retain Volvo’s “Swedish heart.”
Read More →Affordable gas prices keep truck and SUV demand high while hybrids soften. The continued negative economic outlook drives strong subcompact and compact values.
Read More →ALG forecasts gas prices to hit over $4 per gallon in three years, which will positively impact the used auction values of the mid-compact segment, but negatively impact the premium fullsize SUVs segment.
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Lower gas prices and a change in consumer attitudes have generated an increase in sales and residual values of premium vehicles and full-size SUVs.
Read More →Kelley Blue Book data shows Toyota brand consideration rebounds higher than pre-recall levels.
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Automotive Lease Guide says the automaker may have lost 13 percent of its potential customers because of the recall.
Read More →While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.
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