2016 Nissan Maxima presents new-found power, luxury

Nissan’s most expensive car, the Maxima, is re-engineered and restyled for 2016 for a more luxurious and sporty experience and, thanks to a more powerful V-6, delivers 300 horsepower for the first time.

The midsize Maxima is a bit longer and lower-riding for 2016 and has a more roomy front seat, including 45 inches of legroom. Because the Maxima is lighter than its predecessor, it’s the most fuel-efficient in the car’s history.

More standard equipment than ever is packed into every Maxima, including navigation system, drive select modes, remote start, rearview monitor, power-adjustable front seats and a display screen that’s at least 7 inches in size.

Though...

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This Week in Car Buying: Top June deals; Inventories dip

Another sign that the market is hitting its peak are the number of deals now available on crossover SUVs. Some of the models are nearing the end of their product cycles, while others are on a new breed of subcompact crossovers that have just recently hit the market.

“Low gas prices and changing tastes are pushing SUV sales to record numbers, so for this month’s list of standout deals, we focused squarely on these versatile vehicles,” said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book’s KBB.com. “Our group includes subcompact, compact and midsize SUVs, running the gamut from two-row off-roaders to three-row...

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The best deals on new cars for less than $300 a month

More than 200,000 new vehicles were sold last month in Canada, making it the first time this was ever achieved. This is more impressive considering May has typically represented peak monthly sales volume, not April.

The continued combination of low interest rates, longer loan maturities, and strong incentives have made new vehicles more affordable. This combined with increasing quality and value from more standard features and technology in entry-level models has made new vehicles as attractive as ever.

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CFPB unveils Know Before You Owe auto loan initiative; issues report on consumer auto financing experiences

The CFPB has unveiled its latest Know Before You Owe initiativeaimed at consumers shopping for an auto loan. The new initiative was accompanied by the CFPBs release of a report entitled Consumer Voices on Automobile Financing that is intended to share the CFPBs research about how consumers approach decisions about auto financing.

The CFPBs overall objective is to help consumers make informed choices aboutfinancing when buying a car by encouraging them to do the following:

  • Shop for and compare financing options
  • Look beyond the monthly payment and consider the total cost of financing
  • Be aware of situations and financing features that could...
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QIB’s competitive auto financing deals

Qatar Islamic Bank (QIB) has once again partnered with major leading automotive dealers across Qatar to offer special financing packages on the purchase of new and used vehicles during the holy month of Ramadan.
As part of the agreements, QIB customers will benefit from instant approval and competitive profit rates, with up to six-months grace period for Qataris and up to three-months of grace period for expats. Customers will also be eligible to receive a free QIB-Qatar Airways co-brand credit card for the first year after signing and attractive Takaful rates.
QIB is proud of its reputation as the leading auto financer in Qatar, said D Anand, general manager of QIBs Personal Banking...

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Car-buying hobby becomes Route 66 Car Museum

Car-buying hobby becomes Route 66 Car Museum

You can’t drive stocks and bonds, says Guy Mace.

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Ford Vs. Chevy 2015 Sales Recap

We know this is long overdue (as several of you have not-so-quietly reminded me) so here it is.

This is a recap of the 2015 sales numbers for the two biggest half-ton and HD players in the US Astute readers will remember that no truckmaker gives us the sales breakdown among half-ton, three-quarter-ton and one-ton pickup trucks, so we rely on our own black magic experts here at Cars.com (some people call them software analytics pros) to sift through tons of data to pull out these nuggets.

As you can see, the F-150, although just a tick behind the Silverado 1500 by July of 2015, came on strong in the second half of the year to push a good distance ahead of Chevy. Of course,...

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2 Key Takeaways From Ford’s Sales in Europe

Ford Motor Companys (NYSE:F) strategy to turn its operations around in Europe wasnt rocket science. Simply to cut as much supply and manufacturing capacity necessary to match demand, lower costs where possible, and sell into more profitable vehicle channels while keeping product lineup fresh to maintain market share and margins.

So far, so good, as the automaker is fresh off its best quarterly profit in Europe since 2008. Lets dig into Mays sales data in Fords traditional 20 European markets and look at some key takeaways that are fueling the automakers success.

Starting from the top

The bulk of Fords sales in Europe is generated in its traditional...

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Ford, Wells Fargo, Motorola, UPS, Walgreens not sponsoring Republican convention

A host of corporations, including Ford, Wells Fargo and Walgreens, are either spending less or foregoing sponsorship of next months Republican presidential convention.

The companies, all of which spent corporate dollars for the 2012 Republican national convention,told Bloomberg they did not plan to do the same in 2016 event in which Donald Trump is expected to be officially be named the GOP nominee.

The changes are for varied reasons, with several of the companies making the decisions before the primaries began. Some of the companies said they plan to hold events during the convention as opposed to sponsoring the event itself.

Ford told Bloomberg it is not spending money...

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Africa: Car Buying Made Easier – Online

Prospective car buyers wanting to buy vehicles directly from overseas have one less headache to worry about with the announcement of the launching of a new online service aimed at facilitating clearing and forwarding of imported cars.

Speaking at the launch yesterday, Cheki.co.tz Country Director, Mr Mori Bencus, said that Tanzania is the first country in Cheki Africa Media to introduce this service and probably the first car classified and is another milestone for them and will be a major competitive advantage in the market.

Our clearing and forwarding service will give car importers the best experience ever in importing cars through cheki.co.tz. We have partnered with a experienced,...

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