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Car Sales Reached Records in November [Summary]

The auto industry was hit pretty hard by the recession, and today, more than 5 years after it started, it is still struggling to get out of it, but there are signs that it is on the road to a complete recovery. Car sales have been going strong over the past couple of months, with the strongest figures recorded in November, when many car makers reported that sales have exceeded even the most optimistic expectations. Enticing discounts and promotions over the holiday weekend, along with plenty of new models, as well as a good labor market, are among the most significant factors that made November an excellent month for almost all car makers.

This past month, car sales were so strong, that they led to a 16.5 million annualized selling rate, which is much higher than last year’s rate of 15.3 million, and the fastest rate since February 2007, when it got to 16.8 million. This was the best November in history, when it comes to monthly car sales in the U.S. Virtually all major manufacturers reported substantial gains in November, with General Motors and Chrysler leading the way.

GM saw a 14% increase compared to the same month last year, with 212,060 vehicles sold, resulting in the best November for the company in six years. Cadillac and Buick were its best-selling brands, with 16,172 and 15,072 units sold, respectively. Chrysler sold 16% more cars than last year’s November, or exactly 142,275 vehicles, with Jeep and Ram as the brands that were demanded the most. GM redesigned some of its more in-demand models, improving their efficiency and updating their exterior, which was a major factor that helped boost sales.

Although Ford had the best November in 9 years, it didn’t stop its market share from dropping 0.3 percent, unlike the other two major American car makers, whose market share improved significantly. Be that as it may, Ford’s sales were up, as well, with a 7% increase. They were able to sell 190,449 vehicles, with the majority of them being F-Series trucks, whose sales rose 16 percent. As far as projections for next year are concerned, Ford plans to build almost 15,000 less units than 2013, due to decreased demand.

Japanese giant Toyota also reported favorable November sales numbers, albeit not as good as the American Big Three. They saw a 10% increase, with the Avalon and RAV4 as the biggest gainers. In total, Toyota sold 178,044 vehicles, 19,477 of which were RAV4, which is a 56% improvement over November 2012. Their Japanese counterparts, Honda, on the other hand, were not as successful, and were one of the few companies that didn’t post such significant gains. Their sales were down 0.1% over last year’s November, which was their best November ever.

If you take into account that the average price for a new car grew when compared to the same period last year, these highly favorable sales numbers are a bit of surprise, but it actually makes a lot of sense when you add the generous incentives car makers offered for Black Friday, reduced unemployment rates, somewhat stable gas prices, and the fact that auto loans have become more affordable, with significantly lower interest rates.

Jordan Perch is an automotive fanatic and “safe sales” specialist. He is a regular contributor to DMV.com, a collaborative community designed to help US drivers.

The 10 Highest Rated Cars That Are More Than 5 Years Old

People buy different types of cars for many different reasons. Some want looks, some want performance, some want luxury, and some want it all. When it comes down to it, a vehicle that works well is a good car. If other positives come with the reliability, they’re just icing on the cake. Here are some best-selling cars that are more than 5 years old, and it’s easy to see why.

1) 2000 Honda Civic

Cost-effective, fuel-efficient, and utterly dependable, the Honda Civic has been a favorite car in the States and all over the world for many years. The early 2000s were arguably the golden years for the model, and the 2000 Civic started it all. With a 1.7-liter V4 offering 115 horsepower, the Civic is a capable and efficient driving machine that got about 30 to the gallon. It is commonly known to remain reliable far after clocking in 100,000 miles. Available in coupe versions and a performance-oriented SI variant, the Civic comes in many flavors for all kinds of people.

2) 2000 Honda Accord

The Accord is a direct competitor to the super-popular Camry–and it always does a good job of diverting Camry fans. Outfitted with a 135 horsepower V4, 150 horsepower V4, or 200 horsepower V6, the Accord offers more options than its arch-rival. Fuel economy is on par with the Camry, but the Accord doesn’t handle quite as well. Regardless, the car remains perfectly serviceable post-100,000 miles, and that’s why it’s still a bestseller to this day.

3) 2000 Ford F-150

The Ford F-Series is one of the most popular small truck lines of all time. These cars are known to be rugged and dependable workhorses that just keep on running no matter how much you beat them up. The standard model is equipped with a 4.2-liter V6 engine that produces just enough power to make this vehicle suitable for pretty much all applications. Its hauling capability is also surprisingly good considering that it doesn’t have the strongest engine around. Fuel efficiency and comfort aren’t the best, but this car makes up for it by being extremely durable and functional.

4) 2000 Toyota Camry

The Camry is like mid-size sedan equivalent of the Ford F-Series–it’s extremely reliable, roomy, comfortable, and pretty affordable. With a nice 3.0-liter V6, the Camry is perfect for both city driving and long distance trips. While its interior isn’t the nicest around, it’s plenty good enough for family trips and personal errands. Handling, responsiveness, and ease-of-use are great, making the Camry a practical choice for any prospective car owner. Good fuel efficiency also tops off the entire package nicely.

5) 2000 Ford Taurus

With its title as best-selling car in the US taken away by the Camry, the Taurus has some real tough competition to live up to. It’s still a great car with a robust engine, good handling, and strong safety features. It gets decent mileage, and the looks don’t appeal to all, but the Taurus remains an inexpensive quality car.

6) 2000 Ford Focus

The Focus consistently ranks as one of the top-selling domestic cars, and it’s no surprise that it does. It sports a respectable 2.0-liter V4 for 110 horsepower, which is more than enough for non-stunt drivers. The Focus has a very smooth ride, responsive controls, and adequate cabin space for most. Fuel economy is on par with cars of the same class, but options are more plentiful.

7) 2000 Dodge Caravan

This is the perfect large-family car. If you have plenty of kids to haul around, the Caravan’s 3.8-liter engine has 215 horses to get the job done. With high crash-test ratings and enough space to comfortably seat 7 or 8, you won’t dish out too much money for this practical van.

8) 2000 Chevy Silverado 1500

Almost identical to the Ford F-150 in terms of functionality, the Silverado 1500 is a bit more suited to heavy duty hauling and transport. Where the Silverado lags behind is looks and interior quality. Regardless, it performs well for what it was designed for.

9) 2000 Ford Explorer

This iconic SUV never seems to lose any popularity contests. With a 4.6-liter V6 by default, this big boy has a lot to offer. The vehicle is roomy, rugged, and perfectly capable of going off-road. However, all this performance comes at a price: poor fuel economy.

10) 2000 Jeep Grand Cherokee

A fine alternative to the Explorer, the Grand Cherokee does everything just as well or maybe even slightly better. It is a Jeep, after all, so extreme ruggedness and dependability are things to be expected. While very large and comfortable, the Grand Cherokee is also a thirsty gas-guzzler.

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Ben Shannon wrote this post on behalf of Cure Insurance. Those looking to save money in all facets of their automotive experience should look no further than Cure’s auto rates.

Australian Auto Parts Manufacturer Autodom set to close

According to The sun herald, Australian major car parts manufacturer autodom maybe set to clos down as early as next week. Autodom is a major car parts supplier to Ford and General Motors inAustralia. Supplier specialised plastic and metal car parts thatbare used by both manufacturers. If this is not resolved as early as next week we could potentially see plants closed down by Ford, Holden and even Toyota who is also supplied by Autodom to a smaller degree than the other two manufacturers.

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According to the article a strong Austrlian dollar against the US dollar as reduced the demand and profitability of Australian car destined for th export market. It also states that reduced market share as a result of lost sales to Hyundai and Mazada who make smaller more fuel efficient cars has also effected demand for thier cars. The flow on effect is less parts being ordered from Autdom which has resulted in the current situation. This will undoubtly lead to direct job losses in areas where these plants are located. Along with indirect job losses in the communities where these plants are located. Continue Reading at…