Blue book

New-Vehicle Average Transaction Prices Drop to Lowest Level in nearly Two Years, According to Latest Kelley Blue Book Estimates

Retrieved on: 
Monday, April 15, 2024

ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.

Key Points: 
  • ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.
  • Incentives were highest for Polestar, Lucid, Tesla, Infiniti, Mini, Nissan and Volkswagen, according to Kelley Blue Book estimates.
  • According to Kelley Blue Book estimates, incentives at Land Rover averaged only 2.4% of ATP.
  • Last month, 30 different vehicles posted average transaction prices over $100,000, with the Mercedes G-Class on top with an ATP of $208,663.

New-Vehicle Average Transaction Prices Retreat for Second Straight Month, According to Latest Kelley Blue Book Estimates

Retrieved on: 
Monday, March 11, 2024

ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.

Key Points: 
  • ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.
  • Incentive packages continue to be highest with Infiniti, Audi, Mini, and Polestar, all over 10% of average transaction price, according to Kelley Blue Book estimates.
  • Incentives at Land Rover averaged only 2.0% of ATP, according to the Kelley Blue Book estimates.
  • Model 3 transaction prices last month, at $43,614, were lower year over year by 12% and near the lowest level on record.

Patriot Motors Adds its First Honda and Hyundai Dealership with Purchase of Carmack Honda and Hyundai

Retrieved on: 
Saturday, March 2, 2024

Family-owned and growing Patriot Motors is adding its first Honda and Hyundai dealer to the five dealerships it currently operates–Carmack Honda and Hyundai in Danville, Illinois, now known as Patriot Motors of Danville.

Key Points: 
  • Family-owned and growing Patriot Motors is adding its first Honda and Hyundai dealer to the five dealerships it currently operates–Carmack Honda and Hyundai in Danville, Illinois, now known as Patriot Motors of Danville.
  • According to Brandon Ball, the new General Manager of Patriot Motors of Danville, the dealership will continue to go the extra mile to take care of its customers anyway possible.
  • “If a customer doesn’t see a car they like, the dealership will make sure they get the car they want,” Ball said.
  • With a knowledgeable sales team, large inventory and everyday low prices, Patriot Motors of Danville is the first and last place consumers need to shop for a new or Certified Pre-Owned Honda and Hyundai.

U.S. New-Vehicle Prices Down Year over Year for Third Straight Month; Market Shifts toward Buyers as Incentives Climb, Profit Margins Squeezed

Retrieved on: 
Monday, December 11, 2023

Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.

Key Points: 
  • Luxury vehicle prices in November were lower by more than 7.5% year over year; luxury share of the U.S. market surpassed 20% share, a record high.
  • November marks the third consecutive month that new-vehicle transaction prices were lower year over year, a unique milestone for the industry.
  • New-vehicle sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer's market, not a seller's market.
  • Lower ATPs for vehicle buyers continue to be the results of discounts and incentives, not lower-priced automobiles, the Kelley Blue Book data suggests.

Conference on Technology Innovation in Construction Equipment Kicking Off in China, Publishes Construction Machinery Market Index and Industry's First Blue Book

Retrieved on: 
Tuesday, October 24, 2023

XUZHOU, China, Oct. 24, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has hosted the inaugural Conference on Technology Innovation in Construction Equipment (the "Conference") from October 17 to 19 in Xuzhou.

Key Points: 
  • XUZHOU, China, Oct. 24, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has hosted the inaugural Conference on Technology Innovation in Construction Equipment (the "Conference") from October 17 to 19 in Xuzhou.
  • The Conference has officially launched the "Construction Equipment Market Index" (the "Index") and the industry's first intellectual property blue book, "Construction Equipment Intellectual Property Blue Book (2023)" (the "Blue Book").
  • The Index was published by XCMG, and the China Construction Machinery Association (CCMA) together with other partners.
  • The Blue Book has filled the industry gap, and it will fully safeguard industry development and innovation," said Shan.

Conference on Technology Innovation in Construction Equipment Kicking Off in China, Publishes Construction Machinery Market Index and Industry's First Blue Book

Retrieved on: 
Tuesday, October 24, 2023

XUZHOU, China, Oct. 24, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has hosted the inaugural Conference on Technology Innovation in Construction Equipment (the "Conference") from October 17 to 19 in Xuzhou.

Key Points: 
  • XUZHOU, China, Oct. 24, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has hosted the inaugural Conference on Technology Innovation in Construction Equipment (the "Conference") from October 17 to 19 in Xuzhou.
  • The Conference has officially launched the "Construction Equipment Market Index" (the "Index") and the industry's first intellectual property blue book, "Construction Equipment Intellectual Property Blue Book (2023)" (the "Blue Book").
  • The Index was published by XCMG, and the China Construction Machinery Association (CCMA) together with other partners.
  • The Blue Book has filled the industry gap, and it will fully safeguard industry development and innovation," said Shan.

BMO Blue Book: U.S. Economy is Resilient but Predicted to Slow in Early 2024

Retrieved on: 
Tuesday, October 17, 2023

New flagship research report, BMO Blue Book, features regional economic analysis from BMO experts and an outlook for the U.S. economy

Key Points: 
  • New flagship research report, BMO Blue Book, features regional economic analysis from BMO experts and an outlook for the U.S. economy
    CHICAGO, Oct. 17, 2023 /PRNewswire/ - According to a new report from BMO Blue Book, while the U.S. economy is remaining resilient, amid aggressive monetary tightening, it is predicted to slow in early 2024.
  • "The U.S. economy remains resilient, with real GDP appearing to have picked up to a 4.5% annualized rate in Q3 from 2.1% in Q2.
  • The BMO Blue Book covers key regions including:
    Northern California's economy is cooling off after a respectable second quarter performance.
  • Southern California is a resilient and diversified economy and businesses are performing well relative to the rest of the country.

Aragon Advertising Emerges as #1 in mThink's Blue Book Mid-Year Survey for Best Pay-Per-Call Network

Retrieved on: 
Wednesday, August 30, 2023

Aragon Advertising, a division of The Aragon Company, is honored to announce its recognition as the leading pay-per-call network in mThink’s Blue Book mid-year survey.

Key Points: 
  • Aragon Advertising, a division of The Aragon Company, is honored to announce its recognition as the leading pay-per-call network in mThink’s Blue Book mid-year survey.
  • This recognition comes after a thorough evaluation by the performance marketing industry's Blue Book survey.
  • The Blue Book survey assesses global pay-per-call networks based on feedback from over 20,000+ industry participants, evaluating aspects such as industry reputation, client base, and technology.
  • Aragon Advertising's placement in this survey shows its ongoing reliability in the industry.

Kelley Blue Book Analysis: Average New-Vehicle Transaction Prices Up Less Than 1% Year Over Year, Smallest Increase in Decade

Retrieved on: 
Wednesday, August 9, 2023

Compared to the start of the year, transaction prices are down 2.7%, or $1,335, the largest January to July tumble in the past decade.

Key Points: 
  • Compared to the start of the year, transaction prices are down 2.7%, or $1,335, the largest January to July tumble in the past decade.
  • "New-vehicle prices, primarily driven by cuts in luxury and electric vehicles, are decreasing as inventory is steadily improving.
  • According to Kelley Blue Book estimates, the lower prices at Tesla are likely helping with sales volume.
  • For comparison, Kelley Blue Book estimates incentives averaged 5.9% of ATP in July 2021 and 10.3% in July 2019.

Release of Blue Book of Film "Annual Report on Development of Global Film Industry (2022)"

Retrieved on: 
Sunday, April 9, 2023

and renowned universities, celebrated the release of "Annual Report on Development of Global Film Industry (2022)" in Qingdao Film City through online video.

Key Points: 
  • and renowned universities, celebrated the release of "Annual Report on Development of Global Film Industry (2022)" in Qingdao Film City through online video.
  • The "Annual Report on Development of Global Film Industry (2022)" is the fifth Blue Book of Film led by Qingdao Film Academy and Qingdao Film City Office.
  • Based on authoritative global film industry big data and professional theoretical analysis, the "Annual Report on Development of Global Film Industry (2022)" advocates the adoption of the theoretical research framework of industrial economics, interprets the development trend of China and the global film industry, reviews the hotspots, difficulties, and focal examples in the development of the film industry, and constructs a research system for the development of the film industry through empirical research.
  • The "Annual Report on Development of Global Film Industry (2022)" is divided into seven parts in terms of structure including Overall Report, Evaluation Report, Regional Report, Education Report, Case Study Report, Special Topic Report, and Film City Report.