Acura

Latest driver death rates highlight dangers of muscle cars

Retrieved on: 
Thursday, July 13, 2023

Eighteen of the 23 vehicles with the lowest driver death rates are minivans or SUVs, and 12 are luxury vehicles.

Key Points: 
  • Eighteen of the 23 vehicles with the lowest driver death rates are minivans or SUVs, and 12 are luxury vehicles.
  • “The muscle cars on this list highlight that a vehicle’s image and how it is marketed can also contribute to crash risk.”
    IIHS has been calculating driver death rates approximately every three years since 1989.
  • But three Dodge muscle cars with excessively high driver death rates also rank among the worst performers when it comes to other-driver deaths, suggesting these vehicles are driven in an aggressive manner.
  • Several of the luxury vehicles with the lowest driver and other-driver death rates pack nearly as much horsepower as some of the muscle cars that rank among the worst performers.

Standard Motor Products Continues Growth of VVT Program

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to add to its Variable Valve Timing (VVT) program, which already includes more than 550 part numbers for import and domestic vehicles.

Key Points: 
  • NEW YORK, June 28, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to add to its Variable Valve Timing (VVT) program, which already includes more than 550 part numbers for import and domestic vehicles.
  • When the OE fails, technicians trust Standard® and Blue Streak® to deliver precision components that integrate with complex VVT systems.
  • The Standard® VVT Program features Sprockets, Solenoids, Oil Control Valves, and Blue Streak® VVT Service Kits, as well as related parts like VVT Spool Filters, Chain Tensioner Kits, Adjuster Magnets and more.
  • All new Standard® and Blue Streak® VVT components are listed in the catalog found at StandardBrand.com , and in electronic catalog providers.

DESIGNER MICHELLE CHRISTENSEN TACKLES SOME OF AUTO INDUSTRY'S BIGGEST CHALLENGES -- FIRST THE ACURA NSX; NOW KARMA

Retrieved on: 
Monday, June 26, 2023

IRVINE, Calif., June 26, 2023 /PRNewswire/ -- Michelle Christensen, the vice president, global design for southern California ultra-luxury carmaker Karma, became the auto industry's first female lead exterior designer of a supercar when she directed the 2017 remodel of the iconic Acura NSX. Christensen's current Karma assignment parallels her work on that second-generation NSX hybrid vehicle, where she pulled from the original NSX and used updated styling to enhance engineering, all of which led to earning the 2017 "Performance Car of the Year" from Road & Track.

Key Points: 
  • I'm working with an amazing Karma design team to extract Karma's unique character, create some newness and elevate the brand to shine on its own.
  • We are tapping into what makes our brand special, turning up the volume on those specifics and distinguishing our vehicles as America's ultra-luxury brand."
  • "Michelle's work at Acura was groundbreaking in how the design concept served as a physical manifestation of the brand thesis.
  • "The auto industry needs more women – especially their unique voice, perspectives and talents," she says.

CARS.COM AMERICAN-MADE INDEX SEES 260% JUMP IN ELECTRIFIED VEHICLES SINCE 2020, TESLA LANDS TOP SPOTS

Retrieved on: 
Wednesday, June 21, 2023

CHICAGO, June 21, 2023 /PRNewswire/ -- Fresh off a rebrand, car-shopping marketplace Cars.com™ (NYSE: CARS) today revealed the 100 vehicles on its 18th annual American-Made Index. Cars.com's automotive experts independently evaluate vehicles contributing the most to the U.S. economy  for manufacturing, parts sourcing and employment. In this year's AMI, electric vehicle automaker Tesla took the top spot for the third year and swept the first four spots. Honda held strong again, adding clout with appearances from its luxury brand Acura. Newcomer Volkswagen is making its debut in the index's top 10. The complete list is available at Cars.com/AMI.

Key Points: 
  • Cars.com's automotive experts independently evaluate vehicles contributing the most to the U.S. economy  for manufacturing, parts sourcing and employment.
  • In this year's AMI, electric vehicle automaker Tesla took the top spot for the third year and swept the first four spots.
  • In this year's AMI, electric vehicle automaker Tesla took the top spot for the third year and swept the first four spots.
  • Half of the top 10 are EVs this year, and roughly 1 in every 5 vehicles on the full list comes electrified."

New-Vehicle Sales Incentives Continue to Climb in May as Transaction Prices Increase Moderately, According to Kelley Blue Book

Retrieved on: 
Monday, June 12, 2023

Incentives increased further in May to the highest level in a year, averaging $1,914, or 3.9%, of the average transaction price.

Key Points: 
  • Incentives increased further in May to the highest level in a year, averaging $1,914, or 3.9%, of the average transaction price.
  • New-vehicle transaction prices in May were up 3% ($1,393) compared to year-ago levels.
  • The year-over-year increase in May of 3% was the smallest in 2023; in May 2022, new-vehicle prices were up 13.5% year over year.
  • For comparison, Kelley Blue Book estimates incentives averaged 7.3% of ATP in May 2021 and 9.9% in May 2019.

How Quick and Easy Is It to Schedule Service for Your Car? Top Auto Dealer Groups Ranked

Retrieved on: 
Monday, June 5, 2023

“The auto industry has long focused on the experience of customers who bring their vehicle in for service, but what really happens leading up to the appointment?

Key Points: 
  • “The auto industry has long focused on the experience of customers who bring their vehicle in for service, but what really happens leading up to the appointment?
  • STE fills-in that gap.”
    The study was completed between January 2023 and May 2023, when Pied Piper phoned each of the 1,739 dealerships owned by the seventeen largest auto dealer groups, posing as a service customer attempting to schedule a service appointment.
  • 62% of the total score is determined by efficiency measurements, while 38% of the total score is determined by quality measurements.
  • An auto dealer’s relationship with a service customer typically starts with a customer phone call to schedule a service appointment.

The Presidio Group Advises Asbury Automotive on the Sale of McDavid Acura of Austin

Retrieved on: 
Wednesday, May 17, 2023

The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (NYSE: ABG) on the sale of McDavid Acura of Austin to the Umansky Automotive Group.

Key Points: 
  • The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (NYSE: ABG) on the sale of McDavid Acura of Austin to the Umansky Automotive Group.
  • We could not be more pleased with the outcome.”
    The acquisition of McDavid Acura by the Umansky Automotive Group opens up the Texas market to the Memphis, Tenn.-based group.
  • “We were privileged to have once again been entrusted by Asbury Automotive Group to exclusively assist with another important transaction,” said George Karolis, president of The Presidio Group.
  • The Presidio Group provided exclusive M&A advisory services to Asbury Automotive through its wholly owned investment bank, Presidio Merchant Partners LLC.

E.L.F. SKIN ENTERS THE RACE WITH INDY 500 DRIVER KATHERINE LEGGE

Retrieved on: 
Monday, May 15, 2023

LOS ANGELES, May 15, 2023 /PRNewswire/ -- Driven by purpose, e.l.f. SKIN is heading to the Indianapolis 500 this Memorial Day weekend, furthering its commitment to inclusivity and empowerment by teaming up with the only woman entered to compete in this year's "Greatest Spectacle in Racing," Katherine Legge.

Key Points: 
  • SKIN is heading to the Indianapolis 500 this Memorial Day weekend, furthering its commitment to inclusivity and empowerment by teaming up with the only woman entered to compete in this year's "Greatest Spectacle in Racing," Katherine Legge.
  • "Katherine is the only female driver at this year's largest single-day sporting event in the world—the Indy 500— and we're ecstatic to be along for the ride, helping her with every eye, lip, face and skin concern."
  • "I've always said I've just wanted to be a racecar driver— and that the car doesn't know the difference," said Legge, who will drive the No.
  • Legge became the ninth woman to ever compete in the Indy 500 in 2012, again in 2013, and 2023 will be her third start.

Canadian pricing announced for 2024 Acura Integra Type S

Retrieved on: 
Thursday, May 4, 2023

The fourth Acura Type S performance variant to launch in the last two years, the 2024 Acura Integra Type S delivers a new interpretation of ultimate performance for a new generation of driving enthusiasts.

Key Points: 
  • The fourth Acura Type S performance variant to launch in the last two years, the 2024 Acura Integra Type S delivers a new interpretation of ultimate performance for a new generation of driving enthusiasts.
  • True to Acura's legacy of high-performance Integras and rich history of Type S performance variants , the new Integra Type S elevates Acura Precision Crafted Performance to new levels with class-leading power and dynamic capabilities paired with premium features and refinement.
  • Integra Type S is also the only vehicle in the premium performance compact segment to offer a flexible 5-door liftback design.
  • For more information on the 2024 Acura Integra Type S click here.

Mercedes-Benz Names Upstart Auto Retail an Approved Digital Retail Provider

Retrieved on: 
Wednesday, April 26, 2023

Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, today announced that Upstart Auto Retail was selected by Mercedes-Benz as an approved digital retail provider for their dealerships.

Key Points: 
  • Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, today announced that Upstart Auto Retail was selected by Mercedes-Benz as an approved digital retail provider for their dealerships.
  • With Upstart’s suite of digital products for dealer websites and showrooms, Mercedes-Benz dealers can deliver seamless online and in-store shopping while maintaining the luxury brand experience that customers associate with Mercedes-Benz.
  • “Upstart has enabled us to provide our Mercedes-Benz clients with a first-class luxury experience,” said Jerry Cousin, General Manager of Mercedes-Benz Bowling Green in Kentucky.
  • Mercedes-Benz is the ninth OEM to name Upstart Auto Retail as an approved digital retail provider, after Acura, Honda, Kia, Lexus, Mitsubishi, Subaru of America, Toyota, and Volkswagen.