In Spite of U.S. Auto Industry Woes, US Brands Hold Majority of New and Used Spots on AutoTrader.com's Monthly Trend Engine Report; Chrysler Brands Dodge & Jeep Hold Strong
ATLANTA, May 6 /PRNewswire/ -- In its first month available for searching on AutoTrader.com, the new 2010 Chevy Camaro burned rubber into the top 5 new automobiles searched on AutoTrader.com in April, reaching No. 4 on the AutoTrader.com monthly Trend Engine report of the top 20 new and used cars searched on the site. Chevy has aggressively promoted the new Camaro through tie-ins with the Transformers movies, at auto shows across the country and through mass media and on-line marketing, including a feature spot on AutoTrader.com's New Model Showcase. Enthusiasm for the reborn classic muscle car has clearly been stoked.
The Camaro is hitting the market at a time when interest in new sports and muscle cars seems to be at a high. Of the top 20 new cars in the April Trend Engine report, seven were sporty, powerful models. In addition to the Camaro, the Nissan GT-R came out of nowhere to hit No. 19 on the top 20 list and the new Nissan 370Z landed at No. 7. The new Dodge Challenger came in at No. 3 and the new Pontiac G8 at No. 14, the same positions they held last month on the top 20 list. The Chevy Corvette reached No. 6 on the list of most searched cars in April, up from No. 32 in April of 2008 and up from No. 9 last month. The new Ford Mustang took the No. 1 spot in April, up from No. 4 in April of 2008 and up from No. 2 last month.
"The drum beat of negative economic news seems to be spurring some fantasy or escapist shopping among the general public," said AutoTrader.com President and CEO Chip Perry. "Manufacturers have done a great job designing, building and marketing some very exciting cars and are getting attention from shoppers on our site. These shoppers will turn into buyers when the economy recovers and, after hunkering down and cutting back for so long, some of them may be more willing to indulge with a sporty car they may not have considered in the past."
The well-publicized challenges of the domestic auto manufacturers have not dented their vehicles' popularity among new or used car shoppers on AutoTrader.com. On the top 20 lists of both new and used cars searched for on the site, domestic manufacturers claimed 12 of the top 20 spots, with foreign manufacturers holding the other eight spots on both lists.
Of particular interest, Chrysler brands Jeep and Dodge showed continued strength on both the new and used Trend Engine top 20 lists. Although Chrysler's challenges are well known and the company recently declared Chapter 11 bankruptcy, the new Jeep Wrangler hit No. 8 on the April Trend Engine Top 20 list, up from No. 9 in April of 2008 and up from No. 10 last month. On the used car list, the Dodge Ram 1500 ranked No. 8 in searches in April, up from No. 11 in April of 2008 but down a bit from No. 7 last month.
"The good news for Chrysler is that they have some very loyal customers as demonstrated in this month's Trend Engine report," said Perry. "Dodge and Jeep are both iconic brands and it apparently takes more than financial troubles to get shoppers to stop looking at their vehicles. If Chrysler is able to reorganize in a way that makes financial sense, there is a strong base of shoppers still interested in their vehicles."
In the used car market, trucks and SUVs continue to dominate the Trend Engine report, taking 11 of the top 20 spaces. Average prices for used trucks and SUVs remain down compared to April 2008, reflecting the continued glut in inventory, but searches for most of these vehicles continue to increase, meaning that glut may not last long if more people start buying.
In April, AutoTrader.com had about 15.1 million unique monthly visitors, the site's fifth month in a row with unique visitor traffic north of 15 million.
"More and more consumers are finding the internet to be the best source for information on inventory, features, dealer specials and more in their car shopping process," said Perry. "With a depth of information unavailable anywhere else, sites like AutoTrader.com are becoming the first - and sometimes the only stop - for car buyers looking for information and inventory."
About AutoTrader.com
AutoTrader.com, created in 1997 and headquartered in Atlanta, Ga., is the Internet's leading auto classifieds marketplace and consumer information website. AutoTrader.com aggregates in a single location about 3 million new cars, used cars and certified pre-owned cars from thousands of auto dealers and private owners. The site attracts about 15 million unique monthly visitors. Through innovative merchandising functionality such as multiple photos, videos, detailed descriptions and comprehensive research and compare tools, AutoTrader.com unites new and used car buyers and sellers online to improving the way people research, locate and advertise vehicles. AutoTrader.com is a majority-owned subsidiary of Cox Enterprises. The venture capital firm Kleiner Perkins Caufield & Byers is also an investor. For more information, please visit www.autotrader.com.
MAKE MODEL Rank Rank Change Avg Price Avg Price Change 04/09 04/08 from 04/08 - 04/09 - 04/08 from 04/08 New Cars Ford Mustang 1 4 -31.34% $32,631.61 $31,043.36 5.12% Ford F-150 2 3 -60.03% $34,041.37 $31,437.38 8.28% Dodge Challenger 3 194 510.48% $37,085.95 $51,934.33 -28.59% Chevrolet Camaro 4 N/A N/A $31,397.14 N/A N/A Chevrolet Silverado 1500 5 7 -55.13% $31,710.58 $30,154.33 5.16% Chevrolet Corvette 6 32 -9.89% $61,031.32 $60,748.09 0.47% Nissan 350Z/370Z 7 101 108.75% $36,497.86 $34,724.95 5.11% Jeep Wrangler 8 9 -55.20% $27,640.12 $27,619.36 0.08% Dodge Ram 1500 9 19 -35.36% $34,024.27 $31,309.52 8.67% Honda Accord 10 1 -79.39% $25,670.20 $25,319.02 1.39% Honda Civic 11 5 -70.75% $20,734.22 $19,789.62 4.77% Ford F-250 12 44 -15.00% $42,666.03 $42,949.31 -0.66% Ford Fusion 13 14 -53.60% $23,198.62 $21,779.24 6.52% Pontiac G8 14 43 -24.80% $32,533.64 $30,983.07 5.00% Nissan Altima 15 8 -68.50% $24,442.70 $24,381.30 0.25% Toyota Tundra 16 10 -70.08% $33,636.31 $33,996.39 -1.06% Toyota Camry 17 2 -82.26% $24,358.71 $24,500.94 -0.58% Toyota Tacoma 18 11 -70.04% $25,590.98 $25,399.35 0.75% Nissan GT-R 19 N/A N/A $84,568.89 N/A N/A Chevrolet Tahoe 20 31 -49.88% $47,938.84 $45,398.37 5.60% Used Cars Ford F-150 1 3 16.02% $17,735.23 $17,974.80 -1.33% Ford Mustang 2 1 -4.50% $16,660.35 $17,859.76 -6.72% BMW 3-Series 3 2 -9.02% $24,705.91 $26,208.91 -5.73% Chevrolet Silverado 1500 4 6 15.53% $17,494.17 $18,203.88 -3.90% Honda Accord 5 5 -22.70% $15,250.46 $16,495.39 -7.55% Honda Civic 6 4 -27.58% $13,363.65 $14,489.83 -7.77% Infiniti G35/G37 7 7 -1.03% $21,665.29 $22,636.61 -4.29% Dodge Ram 1500 8 11 14.44% $16,103.96 $16,463.73 -2.19% Ford F-250 9 17 38.83% $21,362.65 $23,974.57 -10.89% Jeep Wrangler 10 15 19.36% $16,897.42 $18,156.49 -6.93% Chevrolet Tahoe 11 16 20.93% $23,021.56 $21,903.69 5.10% Audi A4 12 13 -5.88% $20,289.79 $21,620.40 -6.15% Nissan Altima 13 8 -21.80% $14,195.08 $15,076.57 -5.85% Toyota Tacoma 14 10 -14.97% $17,755.83 $18,961.78 -6.36% Jeep Grand Cherokee 15 14 -5.12% $15,056.11 $16,298.78 -7.62% Chevrolet Silverado 2500 16 25 32.34% $20,988.85 $23,015.10 -8.80% Dodge Ram 2500 17 31 36.01% $21,973.11 $23,927.29 -8.17% Chevrolet Corvette 18 22 9.21% $35,272.02 $39,006.31 -9.57% Ford Explorer 19 19 -10.11% $14,905.11 $15,457.07 -3.57% Volkswagen Jetta 20 9 -32.11% $12,467.24 $14,135.17 -11.80% MAKE MODEL Rank Rank Change Avg Price Avg Price Change 04/09 04/08 from 04/08 - 04/09 - 04/08 from 04/08 Certified Pre-Owned BMW 3-Series 1 1 -15.56% $31,238.99 $32,373.13 -3.50% Honda Accord 2 2 -30.55% $17,815.32 $18,577.10 -4.10% Chevrolet Silverado 3 5 5.84% $21,370.44 $21,465.25 -0.44% Chevrolet Tahoe 4 9 12.59% $29,332.47 $28,471.04 3.03% Honda Civic 5 3 -48.88% $16,254.01 $16,787.07 -3.18% Toyota Tundra 6 16 23.80% $22,677.50 $23,732.58 -4.45% Ford F-150 7 10 -0.85% $22,019.75 $21,846.33 0.79% Audi A4 8 6 -13.87% $24,584.50 $25,981.18 -5.38% Toyota Tacoma 9 7 -19.69% $20,656.76 $21,605.81 -4.39% Toyota Camry 10 4 -43.85% $18,335.14 $18,792.90 -2.44% Acura TL 11 13 -9.06% $24,314.63 $26,510.87 -8.28% Ford Mustang 12 12 -21.22% $18,927.16 $20,573.46 -8.00% Toyota Highlander 13 17 -10.60% $22,932.02 $22,895.84 0.16% Mercedes E-Class 14 20 -4.44% $35,058.35 $92,973.22 -62.29% Toyota 4Runner 15 26 4.24% $23,256.64 $23,911.59 -2.74% Chevrolet Impala 16 11 -35.03% $15,759.44 $16,805.07 -6.22% Chevrolet TrailBlazer 17 14 -30.17% $17,871.18 $19,266.69 -7.24% Honda Pilot 18 24 -13.93% $21,652.09 $22,661.86 -4.46% Acura MDX 19 32 3.62% $26,824.71 $29,134.10 -7.93% Chevrolet Malibu 20 25 -13.65% $14,745.98 $14,274.60 3.30% TOP BRANDS: Rank Rank MAKE 04/09 04/08 Ford 1 2 Chevrolet 2 3 Toyota 3 1 Dodge 4 5 Nissan 5 6 Honda 6 4 BMW 7 9 GMC 8 11 Audi 9 16 Jeep 10 7
SOURCE: AutoTrader.com
Web site: http://www.autotrader.com/
Director, Public Relations |
Sr. Public Relations Manager Brenna Buehler 949.473.6595 brenna.buehler@coxautoinc.com |
For general inquiries, |