BLUE BOOK Market Report MARCH 2011 $3.30

Total Page:16

File Type:pdf, Size:1020Kb

BLUE BOOK Market Report MARCH 2011 $3.30 www.kbb.com In This Issue: MARKET ANALYSIS Gas Prices Spark Demand for Fuel-Efficient Vehicles; High-End Luxury Takes a Backseat; More BLUE BOOK MARCH RESIDUAL ANALYSIS 2011 Peak Fuel Prices Are Not Market Report Sustainable Analysis from Kelley Blue Book’s Analytic Insights Team LATEST HOT USED-CAR REPORT Annual Subscription Value: $500 Kelley Blue Book Public Relations Contacts: Robyn Eagles | Director, Public Relations Joanna Pinkham | Senior Public Relations Manager Brenna Robinson | Public Relations Manager 949.268.3049 | [email protected] 949.268.3079 | [email protected] 949.267.4781 | [email protected] MARKET ANALYSIS: Lack of Good-Condition Vehicle Supply Continues to Drive Market Strength - Alec Gutierrez, manager of vehicle valuation, Kelley Blue Book long with the New Year came increased sales and strength in the marketplace, providing the automotive industry with hope as the market moves toward a slow recovery. This strength continued into February with supply remaining a concern A among dealers. Overall used-car values rose 0.8 percent for the month, building upon the solid gains reported in January. Since the beginning of the year, values have increased 1.4 percent, driven predominantly by an overall lack of supply in good- condition, late-model vehicles. As dealers returned to auction in January after a seasonal fourth- YTD Change by Segment quarter lull, they bid up auction values in an effort to stock up (MY08-10) inventory with vehicles consumers’ desire most. In the past, dealers Hybrid Pickup Truck 6.0% went to auction with plans to fully replenish their inventory, buying Hybrid Crossover 4.7% large quantities of vehicles to ensure a full lot. Dealers were less Compact Crossover 4.5% concerned with days to turn and focused only on having a variety Compact Car 4.3% Mid-Size Crossover 4.3% of vehicles in inventory to satisfy consumer preferences. In today’s Subcompact Car 3.4% environment, dealers are reluctant to buy vehicles that they won’t be Mid-Size Car 3.3% able to sell within 30-45 days. In recent conversations with dealers, Hybrid Sport Utility 3.0% Kelley Blue Book increasingly is hearing that dealers are only buying Hybrid Car 2.5% vehicles that they have customers lined up to buy. With so much Full-Size Car 2.2% information available online, consumers are able to scour the Web Luxury Crossover 2.0% to find a vehicle that best fits their needs. With this in mind, dealers Luxury Sport Utility 2.0% need to be cognizant of changing consumer demands, ensuring they Full-Size Crossover 1.9% are buying the right cars at the right time. Mid-Size Sport Utility 1.8% Full-Size Pickup Truck 1.6% A dealer that offers affordable, fuel-efficient vehicles will do well with Full-Size Sport Utility 1.5% today’s rising gas prices. The dealers that will be most successful are Van 0.0% those who purchased fuel-efficient vehicles during the first month Mid-Size Pickup Truck -0.1% of this year, as well as those who educate consumers with the fact Sports Car -0.5% Minivan -0.7% that you don’t need to give up interior space to get more miles per Luxury Car -1.1% gallon. Drivers do not need to move toward small, sub-compact models to achieve fuel efficiency, as there are several efficient full-size -3.0% -1.0% 1.0% 3.0% 5.0% 7.0% car and crossover options. Moving forward, dealers must consider the changing economic conditions in their market and the potential impact they have on the purchasing habits of consumers. The information age can be a double-edged sword for dealers, providing them with market insights never before available, while simultaneously providing consumers with the information they need to be as informed as the most seasoned industry veterans. The dealers that will remain in business in the long run are those who are able to utilize all of the resources available so that they can better predict the future needs of consumers, as opposed to the current needs of today. MARKET ANALYSIS: continued Gas Prices Spark Demand for Fuel-Efficient Vehicles any are wondering just how high gas prices will rise, and how long they will remain inflated. Retail gasoline prices started the year at $3.07 and currently sit at $3.52 nationally. While gas prices have been on the rise around the United States, M depending on where you live it could be costing you more than in other parts of the country. Most notably, West Coast gas prices are significantly higher than the rest of the country. In fact, according to Kelley Blue Book field analysts, it has gotten to a point where fuel-efficient vehicles are being shipped to the West due to higher demand relative to other parts of the country. This could be a short-term phenomenon as gas prices in the rest of the country continue to creep up and demand spreads elsewhere. Retail Gasoline Prices by Region Gas Prices by City as of 3/7/2011 $5.00 National East Coast Gulf Coast $4.00 $3.92 $3.89 Midwest West Coast $4.50 $3.90 $3.80 $4.00 $3.68 $3.70 $3.64 $3.65 $3.50 $3.60 $3.55 $3.48 $3.00 $3.50 $3.46 $3.38 $2.50 $3.40 $3.30 $3.30 $2.00 $3.20 $1.50 Gas Prices as of 3/07/2011 $3.10 National East Coast Gulf Coast Midwest West Coast $1.00 $3.52 $3.50 $3.40 $3.49 $3.77 $3.00 $2.90 San Los Chicago Seattle Miami New York Cleveland Boston Houston Denver Jul 11, 2005 Jul 24, 2006 Jul 12, 2010 Jan 03, 2005 Jan 16, 2006 Jan 29, 2007 Jan 04, 2010 Jan 17, 2011 Jun 04, 2007 Jun 16, 2008 Jun 29, 2009 Oct 08, 2007 Oct 20, 2008 Apr 02, 2007 Apr 14, 2008 Apr 27, 2009 Sep 12, 2005 Sep 25, 2006 Feb 11, 2008 Feb 23, 2009 Sep 13, 2010 Dec 10, 2007 Dec 22, 2008 Aug 06, 2007 Aug 18, 2008 Aug 31, 2009 Nov 14, 2005 Nov 27, 2006 Nov 02, 2009 Nov 15, 2010 Mar 07, 2005 Mar 20, 2006 Mar 08, 2010 May 09, 2005 May 22, 2006 May 10, 2010 Francisco Angeles City Source: EIA Source: EIA Instability in the Middle East has sparked fears of production halts, contributing to the rapid rise in fuel prices. According to Libya’s National Oil Corporation Chairman Shokri Ghanem, the country’s oil production has been cut in half. Libya currently is the world’s 15th largest crude exporter, producing 1.2 million barrels per day. Although Libya’s oil production does not account for a significant portion of global production, we should not discount the impact of a prolonged decline in the country’s production. If there is a bright side to the situation, a decline in Libya’s production could be absorbed by Saudi Arabia. Saudi Arabia currently produces eight million barrels per day with a capacity of up to 12.5 million barrels of oil per day. Unrest in Libya has not yet drastically impacted global supply; however, traders fear that the instability in the region could spread to Organization of the Petroleum Exporting Countries (OPEC) heavyweights such as Iran and Saudi Arabia. This is the key to rising gas prices. If this unrest does not spread into Saudi Arabia or Iran, then the current rise in gas pricesGas Pricesmay as of 3/07/2011be short- National East Coast Gulf Coast Midwest West Coast lived. Global supply and demand remain relatively balanced, so in the long run fuel prices could come down.$3.52 In$3.50 the short$3.40 $3.49 $3.77 run, consumers should prepare to continue to pay a premium at the pump, at least through 2011. The Energy Information Administration’s (EIA) long-term forecast projects gas prices to remain around $3.56 per gallon nationally through 2011, with a 25 percent chance of gas hitting $4.00 per gallon in the summer. Until the uncertainty in the Middle East begins to subside, consumers should expect to continue to live with high gas prices. 2 BLUE BOOK Market Report MARCH 2011 $3.30 MARKET ANALYSIS: continued Gas Prices Spark Demand for Fuel-Efficient Vehicles (Continued) U.S. Imports of Crude Oil vs. Ending Stocks 1,200,000 16,000 14,000 1,000,000 12,000 800,000 10,000 600,000 8,000 6,000 400,000 4,000 Gas Prices as of 3/07/2011 200,000 National East Coast Gulf Coast Midwest West Coast 2,000 $3.52 $3.50 $3.40 $3.49 $3.77 Weekly U.S. Ending Stocks of Crude Oil U.S. Ending Stocks of Crude Oil (thousands of barrels)of (thousands Oil Crude of Stocks Ending U.S. Weekly U.S. Net Crude Oil Imports per day) barrelsof (thousands Imports Crude Oil Net U.S. 0 0 Jul 26, 1996 Jul 10, 1998 Jan 03, 1992 Jan 31, 2003 Jan 14, 2005 Jun 23, 2000 Jun 07, 2002 Oct 29, 1999 Oct 12, 2001 Apr 23, 1993 Apr 07, 1995 Apr 18, 2008 Apr 02, 2010 Feb 16, 2001 Sep 26, 2003 Sep 09, 2005 Dec 17, 1993 Dec 01, 1995 Dec 29, 2006 Dec 12, 2008 Aug 28, 1992 Aug 12, 1994 Aug 24, 2007 Aug 07, 2009 Nov 14, 1997 Nov 26, 2010 Mar 21, 1997 Mar 05, 1999 May 21, 2004 May 05, 2006 Source: EIA t this time, Kelley Blue Book recommends that consumers who do not absolutely need to replace a vehicle wait for gas prices to come back down.
Recommended publications
  • DEPARTMENT of TRANSPORTATION National
    DEPARTMENT OF TRANSPORTATION National Highway Traffic Safety Administration 49 CFR Parts 531 and 533 [Docket No. NHTSA-2008-0069] Passenger Car Average Fuel Economy Standards--Model Years 2008-2020 and Light Truck Average Fuel Economy Standards--Model Years 2008-2020; Request for Product Plan Information AGENCY: National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT). ACTION: Request for Comments SUMMARY: The purpose of this request for comments is to acquire new and updated information regarding vehicle manufacturers’ future product plans to assist the agency in analyzing the proposed passenger car and light truck corporate average fuel economy (CAFE) standards as required by the Energy Policy and Conservation Act, as amended by the Energy Independence and Security Act (EISA) of 2007, P.L. 110-140. This proposal is discussed in a companion notice published today. DATES: Comments must be received on or before [insert date 60 days after publication in the Federal Register]. ADDRESSES: You may submit comments [identified by Docket No. NHTSA-2008- 0069] by any of the following methods: • Federal eRulemaking Portal: Go to http://www.regulations.gov. Follow the online instructions for submitting comments. 1 • Mail: Docket Management Facility: U.S. Department of Transportation, 1200 New Jersey Avenue, SE, West Building Ground Floor, Room W12- 140, Washington, DC 20590. • Hand Delivery or Courier: West Building Ground Floor, Room W12-140, 1200 New Jersey Avenue, SE, between 9 am and 5 pm ET, Monday through Friday, except Federal holidays. Telephone: 1-800-647-5527. • Fax: 202-493-2251 Instructions: All submissions must include the agency name and docket number for this proposed collection of information.
    [Show full text]
  • Finishing the Year Strong – Top Segment Gainers
    SHOPPER FINISHING THE YEAR STRONG – TOP SEGMENT GAINERS TRENDS Car shopping traffic was up overall in Q4 on Autotrader, with more than half of mainstream car, truck, and SUV segments posting double-digit growth compared to the prior quarter. SNAPSHOT Four luxury segments – the three SUV segments and luxury’s fullsize car segment – experienced the largest percentage growth in traffic among the 17 segments, contributing to a strong finish for luxury overall (+14%). Despite upward momentum for many, rises for some mean declines for others – 30 of more than 200 segment models face an uphill battle to start the year, having dropped a half share point in Q4. Among those benefiting from the increased shopping, Ford makes the biggest statement at a brand level, boasting 13 “top 3 model movers” across their respective segments. All Mainstream segments experience increased 17 traffic in Q4 Growth in traffic + among Car, SUV, and 11% Truck segments brands tout three or more # of models to see the greatest models among the top three traffic growth in their respective 9 segment gainers segment 12% 11% 7% 29 35 shopping activity growth by segment domestics imports Autotrader New Car Prospects, Q4’18 vs. Q3’18 1 SHOPPER TRENDS NON-LUXURY CARS SNAPSHOT TOP 3 GAINERS: TRAFFIC & SHARE OF SEGMENT SUBCOMPACT CAR COMPACT CAR VOLUME GROWTH SHARE GROWTH VOLUME GROWTH SHARE GROWTH +1% Ford Fiesta Ford Fiesta +7% Honda Civic Toyota Corolla Hyundai Accent Hyundai Accent Toyota Corolla Kia Forte Toyota Yaris Toyota Yaris Ford Focus Hyundai Veloster Total # of 18
    [Show full text]
  • Trend Watch 2015 Automotive Insights from Kelley Blue Book
    Kelley Blue Book Quarterly FIRST QUARTER Trend Watch 2015 Automotive Insights from Kelley Blue Book Kelley Blue Book Public Relations Contacts: Chintan Talati | Sr. Director, Public Relations Joanna Pinkham | Sr. Public Relations Manager Brenna Robinson | Sr. Public Relations Manager Samantha Hawkins | Marketing Coordinator 949.267.4855 | [email protected] 404.568.7135 | [email protected] 949.267.4781 | [email protected] 949.268.2760 | [email protected] In This Issue: CONSUMER SHOPPING ACTIVITY: NEW-VEHICLE REVIEWS: Timely commentary on the subcompact SUV segment from Joe Lu, strategic market insights New reviews covering the compact Inand subcompactThis Issue:SUV segments from the KBB.com Editorial. manager for Kelley Blue Book. 2015 NEW YORK INTERNATIONAL AUTO SHOW RECAP: RESIDUAL VALUE INSIGHTS: Commentary on 2015 New York International Auto Show trends from Akshay Anand, senior insights InsightsUSED-CAR on growth in mid-sizeMARKET crossover ANALYSIS: and SUV segments from Eric Ibara, director of residual analyst for Kelley Blue Book. values for Kelley Blue Book. 2015 BRAND IMAGE AWARD ACCOLADE USAGE: SALES OVERVIEW: 2015 Brand Image Award Winners list, background and guidelines from Kelley Blue Book Public Insights on first quarter sales from Tim Fleming, lead product analyst for Kelley Blue Book. Relations. Consumer Shopping Activity Subcompact SUV Segment Extends Lead Over Mid-Size SUVs -Joe Lu, strategic market insights manager for Kelley Blue Book The subcompact SUV segment has been on a steady rise in shopping activity on Kelley Blue Book’s KBB.com. As of March 2015, it is the most-shopped segment on the site, overtaking and extending its lead over the mid-size SUV segment.
    [Show full text]
  • A Flexible Approach for Segmentation Applied to the Car Market
    Blurred boundaries: a ‡exible approach for segmentation applied to the car market Laura Grigolon November 2017 Abstract Prominent features of di¤erentiated product markets are segmentation and prod- uct proliferation that blurs the boundaries between segments. I develop a tractable demand model, the Ordered Nested Logit, which allows for overlap between neighbor- ing segments. I apply the model to the automobile market where segments are ordered from small to luxury. I …nd that consumers, when substituting outside their vehicle segment, are more likely to switch to a neighboring segment. Accounting for such asym- metric substitution matters when evaluating the impact of new product introduction or studying the e¤ect of subsidies on fuel-e¢ cient cars. Laura Grigolon: McMaster University, 1280 Main Street West Hamilton , ON L8S 4M4, Canada. (Email: [email protected]). I am particularly grateful to Frank Verboven for his helpful comments and support. I also thank Victor Aguirregabiria, Tobias Klein, Pasquale Schiraldi, Johannes Van Biesebroeck, Patrick Van Cayseele, Mike Veall and participants at various seminars and conferences. I gratefully ac- knowledge …nancial support from SSHRC (Insight Development Grant). I declare that I have no relevant or material …nancial interests that relate to the research described in this paper. 1 Introduction In most di¤erentiated product markets, products can be partitioned into segments according to shared common features. Segmentation is not only a descriptive process, but also a practice used by …rms to develop targeted marketing strategies and decide the placement of their products. Often, segments can be ordered in a natural way. Cars can be ordered from small (subcompact) to luxury according to price, size, engine performance, comfort and prestige; hotels and restaurants can be ordered on the basis of their ratings (number of stars); retail brands can be ordered in tiers according to quality and price.
    [Show full text]
  • Effects of Recent Vehicle Design Changes on Safety Performance," Progress Reports for October 1977 Through 1979, Contract DOT-HS-7-Q1759
    TL DOT HS- 885-378 242 . R23 TOTS OF RECENT VEHICLE DESIGN CHANGES ON SAFETY PERFORMANCE Volume I D. iedmoocS B. Schmitz K. Friedman KINETIC RESEARCH department of TRANSPORTATION ( A Division of Minicars, Inc. ) 55 Depost Road GoSeta, California 93017 AUG 1 2 1980 " LIBRARY Contract No. DOT-HS- 7-01759 Contract Amount: $134,000 March 1879 FINAL REPORT This document is available to the U.S. public through the National Technical Information Service, Springfield, Virginia 22161 Prepared For U.S. DEPARTMENT OF TRANSPORTATION National Highway Traffic Safety Administration Washington, D.C. 20580 NOTICE This document is disseminated under the sponsorship of the Department of Transportation in the interest of information exchange. The United States Government assumes no liability for the contents or use thereof. 7^ X<f* , ^23 Technical Report Documentation Page /.]_ 1. Report No. 2. Government AccMtien No. 3. R.opi.nt » Catalog No. DOT rHS -80 5 -3 7 8 4. Till* and iubtifl# 5. R «porr Oo*b March 1979 Effects of Recent Vehicle Design Changes 6. R *t forming Orgam zanon Coo* On Safety Performance Volume I 8. Performing Orgam senen Report No. 7. Author' l) DEPARTMENT OF D. Redmond, B. Schmitz, K. Friedman j KR-TR-032 ' TRAN.^PnnThrr/^KT 9. R*rformi ng Organization Noma and Aodf.»s 10. Wqrfa Unit No. (TRAI5) Kinetic Research AUG 1 2 1980 (A Division of Minicars, Inc.) 11. Contract or Grartf No. 55 Depot Road DOT -HS-7-01 759 j •• library 13- Report and Period Co*or®d Gnlota r a Q3ni7 .. i Interim Report U.
    [Show full text]
  • 2021 Hyundai Accent Named Best Subcompact Car for the Money by U.S
    2021 Hyundai Accent Named Best Subcompact Car for the Money by U.S. News & World Report FOUNTAIN VALLEY, Calif., Feb. 9, 2021 – The 2021 Hyundai Accent was named Best Subcompact Car for the Money by U.S. News & World Report today. Accent’s top score was based on safety and reliability data, as well as the collective opinion of the automotive press on a given model’s performance and interior and how strongly each members of the press recommends the car. “Sophisticated styling, an efficient powertrain and a long list of standard safety and convenience Hyundai Motor America 10550 Talbert Avenue www.HyundaiNews.com Fountain Valley, CA 92708 www.HyundaiUSA.com features make Accent a pleasure to own,” said Olabisi Boyle, vice president, Product Planning and Mobility Strategy, Hyundai Motor North America. “Accent has consistently been a stand out in the subcompact segment and this award serves as further validation of our commitment to be a leader in sustainable mobility.” “The Hyundai Accent won not only because it has a low upfront price, but its ownership costs are also low,” said Jamie Page Deaton, executive editor, U.S. News & World Report. “It earns strong recommendation from reviewers, and offers buyers a comfortable interior and an easy-to-use infotainment system.” Hyundai Motor America At Hyundai Motor America, we believe everyone deserves better. From the way we design and build our cars to the way we treat the people who drive them, making things better is at the heart of everything we do. Hyundai’s technology-rich product lineup of cars, SUVs and alternative-powered electric and fuel cell vehicles is backed by Hyundai Assurance—our promise to create a better experience for customers.
    [Show full text]
  • A Flexible Approach for Segmentation Applied to the Car Market
    Blurred boundaries: a flexible approach for segmentation applied to the car market Laura Grigolon May 2, 2021 Abstract Prominent features of differentiated product markets are segmentation and product proliferation blurring the boundaries between segments. I develop a tractable demand model, the Ordered Nested Logit, which allows for asymmetric substitution between segments. I apply the model to the automobile market where segments are ordered from small to luxury. I find that consumers, when substituting outside their vehicle segment, are more likely to switch to a neighboring segment. Accounting for such asymmetric substitution matters when evaluating the impact of new product introduction or the effect of subsidies on fuel-effi cient cars. JEL No. D11, D12, L62, M3 Laura Grigolon: University of Mannheim, Department of Economics and MaCCI, L3, 5-7 Mannheim, Germany. (Email: [email protected]). I am particularly grateful to Frank Verboven for his helpful comments and to Penny Goldberg for her support. I also thank Victor Aguirregabiria, Geert Dhaene, Tobias Klein, Laura Lasio, Chang Liu, Jean-Marc Robin, Nicolas Schutz, Pasquale Schiraldi, Michelle So- vinsky, Johannes Van Biesebroeck, Patrick Van Cayseele, Mike Veall, and participants at various seminars and conferences. I gratefully acknowledge financial support from SSHRC (Insight Development Grant) and the German Research Foundation (DFG) through CRC TR 224. 1 Introduction In most differentiated product markets, products can be partitioned into segments according to shared common features. Segmentation is not only a descriptive process, but also a practice used by firms to develop targeted marketing strategies and decide the placement of their products. Often, segments can be ordered in a natural way.
    [Show full text]
  • Brand Accord Civic Clarity CR-V Fit HR-V Insight Odyssey Pilot Ridgeline
    Brand Accord Civic Clarity CR-V Fit HR-V Insight Odyssey Pilot Ridgeline U.S. News 1) Best Minivan U.S. News Best U.S. News Best US News Best U.S. News Best for the Money Cars for Compact SUV Subcompact Car SUV Brand 2) Best Cars for Families for the Money for the Money Families Car and Driver 1) 10Best Car and Driver 1) 10Best Trucks Car and Driver 2) America's Car and Driver Car and Driver 1) 10Best Editors' Choice: and SUVs Most Awarded Best Sedan Editors' Choice: Editors' Choice: 2) Editors' Compact 2) Editors' Non-Luxury 3) Editors' Hybrids and Minivans Choice Crossovers and Choice Brand Choice: Mid- Electric Vehicles SUVs Size Sedan 1) Buyers Most 1) Buyers Most Edmunds Most Edmunds Wanted Wanted Edmunds Awarded Brand Buyers Most 2) Editors' 2) Editors' of 2018 Wanted Choice Choice 1) Best Buy: KBB 1) Best Buy: Kelley Blue Best Resale Kelley Blue Minivan Kelley Blue 1) Best Buy: Best Buy: Mid- Compact Car Book Best Buy: Best Buy: Small Award – Book Best 2) Best Resale Book Best Midsize Car Size 2) Best Resale Electric/Hybrid SUV/Crossover Subcompact Resale Award: Award: Minivan Resale Award: 2) 5-Year Cost SUV/Crossover Value: Compact Car SUV/Crossover Hybrid Car 3) Lowest 5- Top 10 to Own Car Year Cost to Own IIHS Top Safety IIHS Top Safety IIHS Top Safety IIHS Top Safety IIHS Top Safety IIHS Pick Pick Pick Pick Pick+ NHTSA NHTSA 5-Star Overall Vehicle NHTSA 5-Star NHTSA 5-Star NHTSA 5-Star NHTSA 5-Star NHTSA 5-Star NHTSA 5-Star 5-Star Overall Score Overall Vehicle Overall Vehicle Overall Vehicle Overall Vehicle Overall Vehicle Overall Vehicle Vehicle Score (Sedan/Coupe/ Score Score Score Score Score Score Hatchback) MotorWeek Green Car Drivers' Choice Journal 2019 Other Award: Best Green Car of the Eco-Friendly Year Vehicle.
    [Show full text]
  • 2011 Mazda2: Zoom-Zoom Concentrated
    .For Immediate Release: Contact: Gregory Young, Director, Corporate Public Relations (905) 787-7094; [email protected] 2011 MAZDA2: ZOOM-ZOOM CONCENTRATED (Los Angeles, CA): Magazine-thin laptops, MP3 players and bite-size candy bars are just a few examples of good things that come in small packages. Now, for the first time in North America, Mazda is introducing its own affordable, fun-sized creation – the 2011 Mazda2. A stylish, eco-friendly, fun-to-drive five-door hatchback, the Mazda2 is Zoom-Zoom in its most concentrated form – compact and efficient, yet packed with style and substance. It will launch into the North American market in late summer, 2010. Mazda2 is the latest in a line of stylish, insightful and hugely fun-to-drive small cars from Mazda, and will bring an all-new level of refinement to the segment, as Mazda3 did for the compact C-Car market. Mazda2 is a car that only the engineers at Mazda could have created. It was designed and engineered from scratch to be a pure Mazda, offering the sort of driving experience that could only come from the company that developed the timeless MX-5 two-seat roadster, and it brings a combination of athletic design and dynamic performance to the subcompact class that simply does not exist at this time. Originally launched in 2007, the new Mazda2 was first introduced in Europe, Japan and Australia. Its launch created a unique offering in the B-car (subcompact) segment, especially through its distinguished design and outstanding driving performance. Since then, it has been highly acclaimed throughout the world, winning 48 automotive awards, including “Car of the Year” accolades in many markets, including Japan, New Zealand, Chile, Bulgaria and Greece.
    [Show full text]
  • Vehicle Compatibility Research Program
    2001 SAE Government Industry Meeting Vehicle Compatibility Research Program National Highway Traffic Safety Administration U.S. Sales and Registrations of Light Trucks and Vans 60.0 50.0 40.0 30.0 Percentage (%) 20.0 10.0 0.0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 Year LTV Sales LTV Registrations Fatalities in Vehicle-to-Vehicle Collisions 7,000 6,000 5,000 4,000 Fatalities 3,000 Car-Car Collisions 2,000 LTV-Car Collisions LTV-LTV Collisions 1,000 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 Aggressivity Metric Fatalities inCollision Partner Aggressivity = Numberof Crashesof SubjectVehicle Using 1995-1999 FARS for fatality counts 1995-1999 NASS GES number of crashes 2 vehicle crashes, both vehicles < 10,000 lbs GVW Both vehicles must be model year 1990 or newer Count only driver fatalities between 25 and 55 years old Aggressivity Metric – All Crashes Large Van 3.12 Large Pickup 2.89 Large SUV 2.01 Small SUV 1.51 Compact Pickup 1.34 Minivan 0.95 Large Car 0.83 Midsize Car 0.75 Subject Vehicle Compact Car 0.59 Minicar 0.46 Subcompact Car 0.41 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Deaths in other Vehicle / 1000 Police Reported Vehicle- Vehicle Crashes with Subject Vehicle Frontal-Frontal crashes Large Pickup 69.27 Large Van 55.51 Large SUV 30.62 Small SUV 20.58 Compact Pickup 18.54 Minivan 17.77 Large Car 14.09 Subject Vehicle Compact Car 11.89 Midsize Car 11.28 Subcompact Car 5.99 Minicar 5.45 0 20 40 60 80 Deaths in other Vehicle / 1000 Police Reported Frontal-Frontal Crashes with Subject Vehicle Frontal-Side crashes Large
    [Show full text]
  • A Study on the Segmentation of Cars and Its Impact on Its Brand Positioning”
    www.ijcrt.org © 2020 IJCRT | Volume 8, Issue 4 April 2020 | ISSN: 2320-2882 “A Study On The Segmentation Of Cars And Its Impact On Its Brand Positioning” Name of author- Aliasgar Challawala College- NMIMS SCHOOL OF LAW MUMBAI Abstract- This research paper deals with market segmentation happening in automobile sector which is making the job for marketers and manufactures of automobile cars to very strategically choose their market and target their customers. Then the paper moves on to the different categories of cars which the automobile companies do to manufacture cars. All the segment of cars have been discussed in brief in order to make the reader aware about the various segments of cars. Then the impact of marketing strategy on the mind of the consumer is also studied on the basis of various examples. The paper ends with the conclusion based on the impact of brand positioning on the mind of the consumer and having a customer centric approach. Research implications- The consumers usually are convinced by the marketing strategies and it helps to create a positive image in the mind of the consumer. Brand positioning in today’s world, has now become a necessity and it cannot be ignored by the marketers. It is considered to be one of the most sensitive topic nowadays which helps your firm or the car sales to reach the sky in terms of sales and everything. All consumer’s mindset and value is different and so marketers have to design different strategies for them. IJCRT2004432 International Journal of Creative Research Thoughts (IJCRT) www.ijcrt.org 3060 www.ijcrt.org © 2020 IJCRT | Volume 8, Issue 4 April 2020 | ISSN: 2320-2882 Originality- This research paper deals with the market segmentation of cars and the various segments of cars and is impact on the brand positioning on the mind of the customers.
    [Show full text]
  • Mazda 2015TMS PK ENG
    THE 44th TOKYO MOTOR SHOW 2015 PRESS INFORMATION ENG CONTENTS Heritage P 3 Mazda RX-VISION concept car P 5 Mazda KOERU concept car P 7 Mazda Spirit P 9 Mazda ROADSTER P 11 Mazda CX-3 P 13 Mazda DEMIO P 15 Notes: This press information is a summary of Japanese specifications. All figures and specifications may vary according to market. Also, data are subject to change Mazda AXELA P 17 upon homologation. Mazda ATENZA P 19 Mazda CX-5 P 21 Mazda’s Motorsports Activities P 23 1 2 Heritage Heritage Mazda’s everlasting spirit — Never Stop Challenging Mazda’s history as a carmaker has also been a history of challenge. Daring to defy convention and Evolution of the rotary engine opens roads to a new era The soul of the Mazda brand take on challenges that others thought impossible, Mazda has constantly broken through the barri- Following the launch of the Cosmo Sport in 1967, Mazda continued to To Mazda, the history of the rotary engine is the very history of its growth ers, even when facing difficult problems or tall hurdles. Most symbolic of this “never stop challeng- introduce one car after another powered by the rotary engine. Examples as an independent carmaker that continues to offer unique value to the ing” spirit is Mazda’s bringing the rotary engine to production vehicles. It took staunch determina- include the Familia Rotary, Luce Rotary Coupe, Capella Rotary (RX-2 outside market. The rotary engine is not just another product in the Mazda lineup. Japan), and Savanna (RX-3).
    [Show full text]