Kelley Blue Book

The price of electric vehicles rose in the month of April, the potential result of tariffs and less incentives. Tesla Inc (NASDAQ:TSLA) led the way in the U.S. for the month, but its Cybertruck may be a disappointment. What Happened: Tesla was the leader for electric vehicle sales in the U.S. in...

Car prices surged during and after the COVID-19 pandemic. Experts are now warning consumers to prepare for additional price hikes due to President Donald Trump's new 25% tariff on imported vehicles and certain auto parts.  What To Know: President Trump announced the tariffs on Tuesday evening...

The U.S. automotive industry saw a record number of electric vehicles sold in 2024, with 1,301,411 units breaking last year's record with a 7.3% year-over-year increase. A record fourth quarter saw 365,824 units sold in the U.S., despite some weakness from sector leader Tesla Inc (NASDAQ:TSLA)....

Tesla Inc. (NASDAQ:TSLA) sold more Cybertrucks in the U.S. in the third quarter than the sales of Rivian R1T and Ford F-150 Lightning put together, according to new estimates from automotive research company Kelley Blue Book (KBB.) What Happened: According to KBB’s estimates, Tesla sold 16,...

Despite competition breathing down its neck, EV pioneer Tesla, Inc. (NASDAQ: TSLA) has maintained its leadership position in the market for green energy vehicle market. The Elon Musk-led company recently earned an accolade underlining the strong mindshare its brand commands among people...

Used car prices are appreciating faster than the stock market and some cryptocurrencies, CNBC reported on Sunday, according to market research firm Bianco Research’s President Jim Bianco. What Happened: Used car prices have soared more than 20% in the past four months, Bianco said, citing the...

A Tuesday report from valuation analysts at Kelley Blue Book is a testament to the lukewarm showing of the auto market. Average new vehicle prices increased merely $262, or 0.6% year-over-year, in September, the publication said. The month-over-month performance revealed an increase...

It was another generally strong year for the auto industry, though it might be better described as the light truck and SUV industry. Analysts said Americans used money freed up by tax cuts to buy new vehicles. Buoyed by a strong economy, corporate buyers also got in on new car fever, with fleet...

Tuesday afternoon, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk casually tweeted his intent to explore a go-private path for the controversial automaker. After a mid-session halt, Tesla’s stock closed up 10.3 percent. Here’s what analysts had to say about the startling, unclear message. It...

In 2009, in the midst of the global financial crisis, after Daimler washed its hands of the bankrupt Chrysler and pulled out of the DaimlerChrysler joint venture — and as Cerberus was desperately trying to peddle its struggling asset — Fiat’s fearless leader stepped...

The auto industry didn’t set as many records in May as it did in preceding months, but it continued a streak of outperformance. Ford Motor Company (NYSE: F) led the pack with 242,824 units sold, followed by Toyota Motor Corp (ADR) (NYSE: TM) (215,321), Fiat Chrysler Automobiles NV (NYSE: FCAU...

With the exception of a Jeep-driven Fiat Chrysler Automobiles NV (NYSE: FCAU), just about every U.S. automaker reported year-over-year sales declines. But this April’s two fewer selling days lent a “solid excuse,” according to Karl Brauer, executive publisher for Autotrader and...

The auto industry wasn’t expected to do so well coming off 2016’s record sales. But it seemed to hold its own this December. All but one automaker outperformed Kelley Blue Book’s monthly estimates, which forecast negative growth across the board in what still amounted to the...

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...

Shares of Tesla Motors Inc (NASDAQ: TSLA) were down more than 10 percent on Tuesday after Consumer Reports highlighted long-term quality issues. Kelley Blue Book senior analyst Karl Brauer told Benzinga he is "surprised it took them this long to note these issues." When asked about...