Associated Press
Residual values up for Chrysler, GM
General Motors and Chrysler both saw slight upticks in the projected residual values of their vehicles after five years despite the companies' brief stays in bankruptcy over the summer. According to a survey released recently by Kelley Blue Book, GM vehicles are expected to hold 31.3 percent of their value, while Chrysler vehicles are expected to hold 29.5 percent. Both automakers benefited from a rise in projected demand for trucks and SUVs. Toyota was the brand with the highest resale value, with its vehicles maintaining an average of 38.8 percent of their original price after five years. The industry average was 32.6 percent. The models and brands with the best resale value:
BRAND: Toyota
LUXURY BRAND: Lexus
MID-SIZE PICKUP: Toyota Tacoma
FULL-SIZE PICKUP: Ford F-Series Super Duty
COMPACT UTILITY VEHICLE: Honda CR-V
MID-SIZE UTILITY VEHICLE: Toyota Highlander
FULL-SIZE UTILITY VEHICLE: Honda Pilot
LUXURY UTILITY VEHICLE: Lexus RX 350
HYBRID/ALT. FUEL UTILITY VEHICLE: BMW X5 Turbo Diesel
VAN: Toyota Sienna
HIGH-PERFORMANCE CAR: Chevrolet Camaro SS
HYBRID/ALT. FUEL CAR: Toyota Prius
COMPACT CAR: MINI Cooper Clubman
MID-SIZE CAR: Honda Accord
FULL-SIZE CAR: Ford Taurus
NEAR-LUXURY CAR: Lexus IS
LUXURY CAR: Audi A5
SPORTS CAR: Nissan 370Z
TOP 10 MODELS
Audi A5
BMW M3
Chevrolet Camaro SS
Chevrolet Corvette
Honda CR-V
MINI Cooper
MINI Cooper Clubman
Toyota Prius
Toyota RAV4
Toyota Tacoma
--Associated Press, NWautos staff
Associated Press
Ford makes Fiesta official at auto show
Ford's plan to bring in six small cars from Europe by 2012 got underway at the L.A. Auto Show last week with the formal unveiling of the Fiesta subcompact. The Fiesta, priced at $13,320 for the sedan and $15,120 for the hatchback, is expected to get at least 30 mpg city, 40 mpg highway when paired with a new six-speed automatic transmission. Ford already has sold more than 500,000 Fiestas since the car was launched last fall in Europe and Asia.
--Associated Press
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