The rush of automotive sales activity brought on by the “Cash for Clunkers” program is fading fast, according to Edmunds.com, whose latest study of car buyer behavior indicates that automotive purchase intent is down 31 percent from its peak in late July.
“Now that there is plenty of money in the program and the most [...]

Beginning Tuesday, consumers in California can shop and start the purchase of a new Buick, Chevrolet, GMC or Pontiac vehicle on Ebay.com reports Edmunds’ AutoObserver.com. GM expects about 225 of its 250 dealerships in California to participate in the trial program which is expected to end September 8.
“While not groundbreaking, GM aggressively facilitating [...]

Edmunds.com, the premier online resource for automotive information, warns consumers that car prices are climbing as the “Cash for Clunkers” frenzy is influencing the marketplace.
“Since the program launched, we’ve seen that shoppers are getting less of a discount off sticker price for new cars,” notes Senior Analyst Michelle Krebs in her report on Edmunds’ [...]

The Senate today approved an additional $2 billion dollars to help fund the “Cash for Clunkers” program which allows consumers to scrap their older, less fuel-efficient vehicles and collect up to $4,500 toward the purchase of a new, more fuel-efficient vehicle. The Senate approved the vote 60-37. President Barack Obama is expected to sign the [...]

Edmunds.com, the premier online resource for automotive information, has noted a significant boost in site traffic for Hyundai and Audi since the automakers’ advertising ran during the broadcast of the Academy Awards.
Since the broadcast, Hyundai pages have received 27 percent more visitors compared with the comparable period during the previous week, while Audi pages [...]