“The industry continues to show incredible discipline when it comes to incentives.” TrueCar president John Krafcik $31997 is the average new vehicle transaction price with $2293 in factory incentives according to Edmunds. GM’s 2014 market share =17.7% as opposed to 24.5% in 2006. Nearly 1.6 million new vehicles retailed in August yielding an annual rate of 17.5 million new vehicles sold. 5% more new vehicles sold year to date in 2014 than in 2013. More trucks,SUVs and Crossovers have been sold so far this year than cars.  In September inventories of new vehicles is at the lowest level in the past 12 months -this will not lead to increased incentives. Did you know that Maserati Quattroporte and Ghilibi engine blocks are made in Detriot by Chrysler? NO FOOLING! “Fitch Ratings predicts that used car values to further weaken as off lease and fleet volumes rise and sales of new vehicles continue to be strong” according to Used Car News. LeRoy Walker ,the Edsel King, has sold 2300 Edsels to BF Salvage to be crushed. Don’t worry he still has another 300 of them. Some new vehicle stats in terms of days supply: Mini – 36 days supply, BMW SUVs -30 days,Dodge Caravan – 38 days, Jeep Wrangler -43 days,Ford Mustang -34 days,Ford Escape -39 days, Lincoln cars -99 days,Cadillac Escalade -31 days, Chevy Suburban -36 days,Acura TSX -23 days,Honda Accord -34 days,Honda Odyssey -35 days,Land Rover -18 days, Lexus SUVs -33 days,Audi SUVs -20 days,VW cars -104 days,Porsche SUVs -40 days […]