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- CPO incentives are now available for all brands. 2/18/2021
- Lease price points have been updated for Toyota to include all regions. 2/18/2021
- Lease price points are now available for Ford, Honda, Maserati, and Mitsubishi. 2/11/2021
- Lease rates and residual values are now available for all brands. 2/11/2021
- Lease price points are now available for Chevrolet, Hyundai, Jeep, and Lexus. 2/9/2021
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- Trend Analysis for Multiple Vehicles & Segments
- Featured Lease Price Points Analysis
- Marketing Programs Spending Analysis
- U.S. New & Preowned Vehicle Retail Sales & Stock
- North American Production Statistics
- New Vehicle Retail Sales - Canada
- Incentive Program Comparisons for New &
Preowned Cars and Light Trucks
January 2021 New Vehicle Sales, SAAR Inventory and Incentives Spending Results are now finalized.
2021 CX-5: Added $540 regional lease cash in Florida and the Boston, Hartford, New Haven, Los Angeles, New York, Palm Springs, Philadelphia, Providence-New Bedford and San Diego DMAs, lowering its advertised payment on the CX-5 Sport 2WD by $18/month to $219/month for 36 months with $2,780 down.
2021 CX-5: Introduced $720 regional lease cash on CX-5 Grand Touring Reserve in the Northeast and Western regions excluding the above DMAs. Effective 2/24/2021 on CX-5.
2020 ALTIMA, 2020 ROGUE: Introduced $500 bonus cash. Effective 2/17/2021 on Altima, Rogue.
2021 / 2020 F-150, 2020 RANGER: Rolled out $500 'Truck Month' retail bonus cash on 2021 / 2020 F-150 and $1,500 on 2020 Ranger in its Dallas, Houston, Kansas City and Memphis regions.
2021 RANGER: Boosted customer cash by $1,000 (to $1,750 - $2,250) in its Atlanta, Cincinnati, Denver, Pittsburgh and Washington DC regions.
2021 F-SUPER DUTY: Doubled customer cash to $500 and introduced 1.9% special retail financing for up to 36 months, 2.9% for 48 months, 3.9% for 60 months and 5.9% for 72 months in its Atlanta, Charlotte, Dallas, Houston, Kansas City, Memphis regions.
2020 ESCAPE: Improved 72-month special retail financing rate to 0.0% (from 1.9%) in its Boston region.
2021 EXPEDITION: Added $1,500 - $2,000 customer cash, raised lease cash to $750 - $1,500 (from $500 - $750) and improved special lease rates in its Dallas, Detroit, Houston, Kansas City, Memphis, New York, Orlando regions.
2021 EXPEDITION: Enhanced special retail financing rates to 0.0% for up to 60 months and 1.9% for 72 months (from 0.9% - 4.9%) plus $1,250 Ford Credit retail bonus cash (from $0) in its Detroit, New York and Orlando regions.
2021 / 2020 ESCAPE, 2020 ESCAPE HYBRID, 2020 ESCAPE PLUG-IN HYBRID: Raised Trade-In Assistance bonus cash by $500 in its Detroit region.
2020 EDGE: Improved 72-month special retail financing rate to 0.0% (from 1.9%) in its Detroit region.
2021 EXPLORER: Added $750 Trade-In Assistance bonus cash and improved special retail financing rates to 0.0% for up to 60 months and 1.9% for 72 months (from 1.9% / 3.9%) in its Philadelphia region.
2021 EXPLORER: Boosted Trade-In Assistance Bonus cash to $4,250 (from $3,500) in its Washington DC region. Effective 2/19/2021 on Edge, Escape, Escape Hybrid, Escape Plug-In Hybrid, Expedition, Explorer, F-150, F-Super Duty, Ranger.
2021 RAM PICKUP 1500: Launched $2,000 retail conquest cash on Crew Cab Big Horn / Lone Star in its Southwest region. Effective 2/18/2021 on Ram Pickup 1500.
2020 GRAND CHEROKEE: Added $750 bonus cash in its Mid-Atlantic region.
2021 RENEGADE: Introduced $500 lease bonus cash in its Northeast region. Effective 2/18/2021 on Grand Cherokee, Renegade.
- Chip Shortage to Have Significant Impact Upon Industry
Just as the tight U.S. market new vehicle inventory levels, caused by Pandemic-related shutdowns in 2020, began to improve a new monkey wrench has been tossed into the automotive manufacturing machine. This time a global semiconductor shortage is forcing automakers across the globe to idle plants. Publicly, chip manufacturers claim that resolving the shortage of parts for the auto industry is a top priority. However, in most instances the chips used for automotive applications are much cheaper than those used for other products like smart phones or data centers. With limited global chip manufacturing capacity, resources will likely flow to the most profitable products leaving auto manufacturers in a bind. The production of tens of thousands of vehicles may be impacted by this situation, which at this point seems likely to extend well into Q3 2021, if not longer. As we likely see new vehicle inventory levels slowly begin to drift lower again, expect prices to stay elevated and incentive spending to remain low for the remainder of 2021. Motor Intelligence on 02/09/2021
- Foxconn to Build Cars for Electric-Vehicle Startup Fisker
Foxconn Technology Group, the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker Inc., the latest deal for the Apple iPhone assembler in its eager expansion into the automotive sector over the past year. Taipei-based Foxconn and Los Angeles-based Fisker have signed a memorandum of understanding to jointly produce more than 250,000 vehicles a year, the companies said in a statement Wednesday. While the exact location has yet to be determined, Fisker Chief Executive Henrik Fisker said there is a very good chance initial production will be in the U.S., in part because Foxconn already has a factory in Wisconsin... The Wall Street Journal on 02/24/2021
- Storms Send Car Sales Sliding Down In February, TrueCar Says
February 2020 might be remembered as the last of the good car sales months. This month's sales are expected to be off considerably from same-month sales last year, according to TrueCar, Inc., a consumer and auto retailer service with close connections to the U.S. car market. Last year the auto market roared into February on the strength of a surging economy and sales reflected a buoyant mood. Then the COVID-19 crisis hit, and sales in March and April 2020 fell off the cliff before beginning to recover as the year unfolded... Forbes on 02/23/2021
- Here’s the first of Hyundai’s new 800-volt EVs—the Ioniq 5
On Tuesday morning in Korea, Hyundai premiered its newest battery electric vehicle. The company has resisted the temptation to start off with a bombastic SUV like General Motors' reborn GMC Hummer or a handsome sedan like the Porsche Taycan, although those are both in the pipeline. Instead, the Ioniq brand will launch with that most in-demand of automobiles, the midsize crossover. In this case, a keenly styled crossover called the Ioniq 5, which will also be the first BEV to use Hyundai's new E-GMP architecture... Ars Technica on 02/23/2021
- While Mercedes debuts another knockout C-class, Cadillac looks to the future
Mercedes unveiled its all-new C-class Tuesday, and it’s stunning. With its curved, space-age screen rising from the console, state-of-the-art "MBUX" voice recognition, and smooth, 255-horse turbo engine with 48-volt battery assist, Merc's best-selling sedan reasserts the automaker’s place — along with the BMW 3-series and Tesla Model 3 — as the most coveted luxury car in autodom. It’s a big reason why GM's luxury brand, Cadillac, is swinging for the fences by going all-electric in 2030... The Detroit News on 02/23/2021
- Lucid Motors agrees to go public with $24 billion valuation
Lucid Motors Inc. is merging with a blank-check company run by financier Michael Klein that values the combined entity at a pro forma equity value of $24 billion, the biggest in a series of deals involving electric-vehicle startups cashing in on investor appetite for battery-powered cars... Automotive News on 02/22/2021
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