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Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.
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BMW's 5 Series entered its seventh generation with the 2017 540i, which is the first of at least four planned models (with the four-cylinder 530i, 530e iPerformance PHEV, and M550i xDrive). BMW may bring a diesel model and is expected to refresh the M5 as well. Read our driving impressions here. Photos by Vince Taroc.
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The 2016 XF leads off Jaguar's overhaul of its vehicle lineup by shunning chrome for sporty looks, aluminum-intensive body panels to lighten the load, and a choice of two supercharged V-6 engines. This XF S is one of five trim levels offered. Photos by Paul Clinton.
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Thanks to a best-ever March 2014, Mercedes-Benz USA (MBUSA) hit a new first-quarter sales record in 2014 with 30,091 vehicles sold across the Mercedes-Benz, Sprinter, and smart model lines. Vehicles leading the way included the C-Class, E-Class, and M-Class model lines.
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Compact SUVs and cargo minivans paced a strong April for remarketers, as used vehicles from the 2008-2012 model years rose 0.9 percent in value in a month that's typically one of the strongest of the year for auctions.
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Used vehicles sold at auction lost a scant 0.3 percent of their value in March, a month known for strong retention as tax-refunded buyers come out in droves, according to Black Book.
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BMW will introduce its first diesel-powered 7 Series sedan in the U.S. in the spring, after showing it at the Chicago Auto Show in early February.
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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Hyundai gave full details about its second generation Genesis prestige luxury sedan that's new for the 2015 model year at the Detroit auto show.
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Hyundai Motor Co. released new details about its redesigned 2015 model-year Hyundai Genesis full-size sedan on Thursday for a vehicle expected to be unveiled at the Detroit Auto Show in January.
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