article thumbnail

KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. Luxury cars at all levels were selling below MSRP in December, along with luxury compact and sub-compact SUVs. Meanwhile, vans, minivans and full-size SUVs had the lowest incentives, all less than 1% of ATP.

Price 210
article thumbnail

Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. Meanwhile, vans, minivans and luxury full-size SUVs had the lowest incentives, all less than 1% of ATP. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices.

Price 210
article thumbnail

ORNL researchers quantify the effect of increasing highway speed on fuel economy

Green Car Congress

The study includes various sizes of sedans, wagons, and SUVs, as well as pickup trucks, minivans and a few “muscle” and sports cars. The combined data from the 74 vehicles gives insight into the effect of cruising speed on fuel economy. drop in fuel economy due to traveling 80 mph rather than 70 mph. Speed increase.

article thumbnail

Who is winning the green car race? Part II. The Green Piece

Green Cars News

Here we offer some insight into these newcomers and their potential impact on the future of green motoring. Instead, there are a host of emerging contenders, many of which did not even exist five years ago, that are threatening to knock the big names off their perch. Tesla Motors.

article thumbnail

FCA unveils Chrysler Portal concept: next-gen family transportation for Millenials; electric, semi-autonomous, connected, flexible

Green Car Congress

FCA US has been studying the millennial generation for more than 20 years, using ethnographic research to gain insight into current and emerging wants and needs. —Tim Kuniskis, Head of Passenger Car Brands – Dodge, SRT, Chrysler and FIAT, FCA – North America. Millennials have become the largest demographic.

Chrysler 150