Americans Can't Get Enough of Large Cars, Trucks and SUVs, According to AutoTrader.com November Trend Engine Report

November Report Also Offers Look at Top Searches for all 2010

Dec 20, 2010, 09:31 ET from AutoTrader.com

ATLANTA, Dec. 20, 2010 /PRNewswire/ -- Small cars and fuel efficiency were all the rage at the first major auto show of the season in Los Angeles in November, but shoppers are still attracted to larger vehicles, according to the AutoTrader.com November Trend Engine report, covering searches and site activity on AutoTrader.com for November 2010.  The November report also includes the top-searched new, used and certified pre-owned (CPO) vehicles for the year.

"While there is a greater focus in the industry on producing fuel-sipping cars, Americans traditionally lean toward vehicles that provide more room and more power when gas prices are low-to-moderate like they are now," said AutoTrader.com CEO Chip Perry.  "The dominance of shopper interest in larger cars, big trucks and SUVs has continued for much of the second half of 2010."

Mixed Bag as Cars, SUVs and Trucks Jockey for Position on New, Used & CPO Lists in November

While stylish cars and family sedans had the most spots on AutoTrader.com's list of the top 20 most-searched new vehicles in November, big trucks and SUVs continue mounting a comeback.  For the first time since July, there are more trucks than cars in the top five new-vehicle spots.  The new Ford F-150 reclaimed the No. 1 spot in November, beating out October's No. 1 new vehicle, the Toyota Camry, which fell to No. 3.  The new Chevrolet Silverado 1500 came in at No. 4 and was joined by the new Dodge Ram 1500 at No. 5.

The new Jeep Grand Cherokee, though it was the only SUV to show a decrease in average asking price, leapt an impressive seven spots from the previous month, and a whopping 79 from the same time a year ago.  In fact, all SUVs on the list moved up in popularity—both month-over-month and year-over-year.

Larger sedans secured the largest percentage of spots on the new-car list, with the Ford Fusion making the only big leap for new sedans on the list in November, moving up seven spaces month-over-month, landing at No. 12 on the Top 20 new-car list.  

Conversely, trucks and SUVs make up the majority of vehicles listed on both the top 20 most-searched used and top 20 most-searched CPO vehicles lists.  The Ford F-150 topped the list of most searched used cars on AutoTrader.com in November and the BMW 3-Series topped the list of the most-searched CPO cars in November.

"As 2010 comes to an end with shoppers showing a still-strong focus on larger vehicles, we'll be keeping a close eye on activity around the small car and green car segments to see if they heat up in 2011," said Perry.  "New technologies such as turbocharged engines that provide more power while maintaining efficiency as well as small hybrid and electric cars have garnered significant media attention this year, and it will be interesting to see if those innovations are enough to attract today's car shoppers.  My guess is they will if the continued economic recovery causes gas prices to rise significantly during 2011."

Ford secured the No. 1 most-searched overall brand spots for both new cars and used cars on AutoTrader.com in November or this year, positions the brand held in November of 2009 as well.

New, Used and CPO Average Asking Prices Continue to Climb

As would be expected in a month of double-digit sales growth for most of the auto manufacturers, the price story for November is strong for the most-searched new vehicles on AutoTrader.com.  Average asking prices are up on 13 of the top 20 new cars.  The biggest new-car average asking price jumps in November were on the Hyundai Sonata, up almost 8% compared to November 2009, and the new Ford Mustang, up almost 5% compared to this time last year.

Average asking prices also continued to increase on used and CPO cars listed for sale on AutoTrader.com in November, reflecting the continued imbalance of supply and demand in the used car space.  Inventories of used cars have been low most of this year, while as a result of the economy demand for them has been up.  At the same time, sluggishness in the new car market has also constrained the supply of used cars as fewer people having been trading in their cars to purchase new.

The average asking prices increased for 16 of the top 20 used cars listed for sale on AutoTrader.com in November.  The biggest increases were on the Chevy Silverado 1500, up just over 5% from November of 2009, and the Ford F-150, up 4.26% compared to November of last year.

CPO average asking prices were also strong, with asking prices increasing on 15 of the top 20 CPO vehicles listed for sale on AutoTrader.com in November.  The CPO BMW 5-Series saw the biggest average price jump year-over-year at 9.25%.  The CPO Chevrolet Tahoe also saw a big jump in average asking price, up 7.14% compared to November of 2009.

"November was a strong month across the board for the industry," said Perry at AutoTrader.com.  "New car sales were up significantly year-over-year, and CPO sales also saw a record month for 2010, which are great signs for the economic recovery," Perry said.  "With increasing confidence, consumers are getting more and more comfortable moving forward on purchasing their next car, so we expect prices to remain strong.  As more cars are purchased, the available inventory of quality pre-owned cars will increase, likely putting a cap on the asking prices for pre-owned vehicles."

Ford, Chevrolet, Toyota and Honda Place Strong in Year-End New, Used and CPO Rankings

Ford models captured four of the top 20 most-search new-car spots in AutoTrader.com's year-end rankings.  The new Ford Mustang came in as the No.1 most-searched new car on AutoTrader.com for the whole of 2010, followed by the new Ford F-150.  Chevrolet and Honda models both captured three spots on AutoTrader.com's top 20 most-searched new car list.

Ford was also a winner in the used-car space, with the used F-150 topping the list of the most-searched used vehicles on AutoTrader.com in 2010, followed by the BMW 3-Series at No. 2 for the year.  Chevrolet was also a big brand winner on the used car list, with Chevrolet models capturing three of the top 20 most-searched used car spots.

The BMW 3-Series topped the list of the most-searched CPO vehicles on AutoTrader.com in 2010.  Toyota was the big CPO brand winner, with CPO models from Toyota capturing five of the top 20 spots for the year.  CPO models from Honda and Chevrolet also garnered lots of interest from car shoppers this year, the three models from each manufacturer landing on the list of the top 20 most-searched CPO vehicles on AutoTrader.com.

November Site Traffic Increases; Mobile Site Tops One Million for Third Month

More than 15 million unique monthly unique visitors went to AutoTrader.com in November 2010, a 12% lift from the 13.6 million who visited the site in November 2009.   This increase was supported by numerous marketing initiatives, including advertising on national cable and network radio, major brand exposure at recent auto shows and an extensive partnership with the NBA.  November was also an excellent month for the AutoTrader.com mobile site, which again received over one million unique visitors. This is the third month that the mobile site has surpassed the one million mark.

Top 10 Articles on AutoTrader.com in November

AutoTrader.com publishes insightful and informative articles about the automobiles and car shopping, including auto-shopping how-to tips, car reviews and automotive trend stories.  In November, the most-viewed stories on AutoTrader.com, in order from one to 10, were:  

  1. Toyota Recalls 1.53 Million Cars Worldwide: Toyota recalls another 740,000 cars sold in the U.S.
  2. Five American Cars to be Thankful For: a look at five cars that indicate a brighter economic future.
  3. Ford's F-Series Receives a New V6: the V6 returns to Ford's full-size pickup lineup.
  4. 2011 Hyundai Sonata 2.0T: Who Needs a V6 Anyway? – New Car Review: Hyundai takes the turbocharged path for 2011 Sedan.
  5. Toyota and Tesla Team Up to Make a RAV4 EV: an all-electric RAV4 is on the horizon.
  6. Would an Entire Weekend Test Drive Change Your Mind? : AutoMatic and Enterprise Rent-A-Car team up to offer extended test drives.
  7. At 32 and Younger, 'Gen Y' Determines the Future of the Auto Industry:  annual survey of over 42,000  new vehicle buyers in the U.S. sheds light on what's next for the auto industry.
  8. Buick Regal GS Launches in Miami Beach: Buick introduces its most mot aggressive car in decades—a high-performance version of its Regal sedan.
  9. Is Toyota Lame for Calling Parents Lame?: tongue-in-cheek commercials draw the ire of some viewers.
  10. 2011 Mini Cooper Countryman: Like a Mini, Only Bigger – New Car Review: the Mini gets bigger and roomier in a new model.

These articles and more, including coverage of upcoming auto shows, can be found at www.autotrader.com/research.

About AutoTrader.com

Atlanta-based AutoTrader.com, created in 1997, is the Internet's ultimate automotive marketplace and consumer information website. AutoTrader.com aggregates in a single location millions of new cars, used cars and certified pre-owned cars from thousands of auto dealers and private sellers and is a leading online resource for auto dealers, individuals and manufacturers to advertise and market their vehicles to in-market shoppers. The company also provides a robust suite of software tools for dealers and manufacturers to help them manage and market their vehicle inventory and display advertising on the Internet. AutoTrader.com continues to grow key business metrics, including revenue, profitability and site traffic. Today, AutoTrader.com attracts more than 15 million unique monthly visitors who utilize the site to review descriptions, photos and videos of vehicles for sale; research and compare vehicles; review pricing and specials; and read auto-related content like buying and selling tips and editorial coverage of major auto shows and automotive trends. AutoTrader.com operates two other auto marketing brands, AutoTraderClassics.com and AutoTraderLatino.com. AutoTrader.com also owns used vehicle management software company vAuto. AutoTrader.com is a majority-owned subsidiary of Cox Enterprises. Providence Equity Partners is a 25 percent owner of the company and Kleiner Perkins Caufield & Byers is also an investor. For more information, please visit www.autotrader.com.


NOVEMBER TOP 10 NEW VEHICLE BRANDS SEARCHED

MAKE

Rank 11/10

Rank 11/09

Ford

1

1

Chevrolet

2

2

Toyota

3

3

Honda

4

4

Dodge

5

6

Nissan

6

5

BMW

7

10

Jeep

8

15

GMC

9

8

Volkswagen

10

11





NOVEMBER TOP 10 USED VEHICLE BRANDS SEARCHED

MAKE

Rank 11/10

Rank 11/09

Ford

1

1

Chevrolet

2

2

Toyota

3

3

Dodge

4

4

BMW

5

5

Nissan

6

6

Honda

7

7

Mercedes Benz

8

8

Jeep

9

9

GMC

10

10





NOVEMBER NEW CARS

MAKE

MODEL

VDP Rank 11/10

VDP Rank 10/10

VDP Rank 11/09

Avg.  Price 11/10

Avg.  Price 11/09

Avg. Price % Change

Ford

F-150

1

2

1

37,242

35,871

3.82%

Honda

Civic

2

3

5

19,965

20,073

-0.54%

Toyota

Camry

3

1

2

24,710

24,566

0.59%

Chevrolet

Silverado 1500

4

5

4

33,597

34,082

-1.42%

Dodge

Ram 1500

5

6

11

35,145

34,808

0.97%

Honda

CR-V

6

8

21

25,706

25,843

-0.53%

Ford

Mustang

7

4

8

34,370

32,737

4.99%

Honda

Accord

8

7

3

26,282

25,909

1.44%

Toyota

Corolla

9

9

6

18,300

18,287

0.07%

BMW

3 Series

10

10

16

47,610

47,282

0.69%

Volkswagen

Jetta

11

11

20

23,830

22,828

4.39%

Ford

Fusion

12

19

12

25,528

25,681

-0.60%

Jeep

Wrangler

13

16

18

29,796

29,209

2.01%

Jeep

Grand Cherokee

14

21

93

36,654

37,082

-1.15%

Ford

Escape

15

20

19

27,425

26,716

2.65%

Ford

Focus

16

15

13

18,790

18,772

0.10%

Ford

F-250

17

13

15

47,206

45,867

2.92%

Chevrolet

Camaro

18

12

7

33,399

34,369

-2.82%

Hyundai

Sonata

19

17

29

23,675

21,932

7.95%

Chevrolet

Malibu

20

22

10

24,376

24,691

-1.28%





NOVEMBER USED CARS

MAKE

MODEL

VDP Rank 10/10

VDP Rank 9/10

VDP Rank 10/09

Avg.  Price 10/10

Avg.  Price 10/09

% Change

Ford

F-150

1

1

1

19,948

19,723

1.14%

BMW

3-Series

2

2

2

24,677

25,808

-4.38%

Chevrolet

Silverado 1500

3

3

3

19,975

19,010

5.08%

Ford

Mustang

4

4

4

17,499

17,149

2.04%

Ford

F-250

5

5

5

24,504

23,503

4.26%

Dodge

Ram 1500

6

7

7

18,271

17,664

3.44%

Honda

Accord

7

6

6

15,749

15,985

-1.48%

Chevy

Tahoe

8

9

8

25,097

24,460

2.60%

Jeep

Wrangler

9

8

13

20,256

19,496

3.90%

Chevrolet

Silverado 2500

10

11

10

23,610

22,665

4.17%

Dodge

Ram 2500

11

13

12

24,959

24,044

3.81%

Honda

Civic

12

10

9

13,198

13,728

-3.86%

Infiniti

G35/G37

13

12

11

21,979

22,573

-2.63%

Toyota

Tacoma

14

14

16

19,405

19,315

0.47%

BMW

5-Series

15

15

14

30,870

30,768

0.33%

Jeep

Grand Cherokee

16

16

17

16,594

16,249

2.12%

Nissan

Altima

17

17

15

14,685

14,354

2.31%

Toyota

Tundra

18

19

21

22,737

22,628

0.48%

Audi

A4

19

18

19

20,742

20,500

1.18%

GMC

Sierra 1500

20

23

25

20,924

20,158

3.80%





NOVEMBER CERTIFIED PRE-OWNED

MAKE

MODEL

VDP Rank 10/10

VDP Rank 9/10

VDP Rank 10/09

Avg.  Price 10/10

Avg.  Price 10/09

% Change

BMW

3-Series

1

1

1

29,243

30,659

-4.62%

Honda

Accord

2

2

2

18,810

18,596

1.15%

Chevrolet

Sliverado 1500

3

4

3

24,517

23,371

4.90%

Ford

F-150

4

3

7

25,120

23,767

5.69%

Toyota

Tundra

5

5

5

26,334

25,268

4.22%

Chevrolet

Tahoe

6

6

4

33,691

31,446

7.14%

Toyota

Tacoma

7

7

10

22,644

22,539

0.47%

BMW

5-Series

8

9

8

38,791

35,505

9.25%

Toyota

Camry

9

8

6

17,641

18,768

-6.00%

Audi

A4

10

10

11

26,358

26,311

0.18%

Honda

Civic

11

11

9

15,758

16,659

-5.41%

Toyota

Highlander

12

16

13

25,683

24,017

6.94%

Acura

TL

13

12

12

26,394

26,759

-1.37%

Volkswagen

Jetta

14

13

25

16,317

16,097

1.37%

Honda

Pilot

15

17

17

25,377

24,501

3.57%

Acura

MDX

16

15

29

32,497

32,148

1.09%

Toyota

4Runner

17

18

19

25,862

24,826

4.17%

Ford

Mustang

18

14

14

21,434

20,196

6.13%

BMW

X5

19

19

24

41,746

41,875

-0.31%

GMC

Sierra 1500

20

20

16

25,735

24,325

5.80%





YEAR-END: TOP 20 MOST VIEWED NEW VEHICLES IN 2010

MAKE

MODEL

2010 Rank

Ford

Mustang

1

Ford

F-150

2

Chevrolet

Camaro

3

Chevrolet

Silverado 1500

4

Toyota

Camry

5

BMW

3-Series

6

Dodge

Ram 1500

7

Honda

Civic

8

Honda

Accord

9

Ford

F-250

10

Jeep

Wrangler

11

Chevrolet

Corvette

12

Toyota

Corolla

13

Honda

CRV

14

Volkswagen

Jetta

15

GMC

Sierra 1500

16

Ford

Fusion

17

Hyundai

Sonata

18

Nissan

Altima

19

Dodge

Challenger

20





YEAR-END: TOP 20 MOST VIEWED USED VEHICLES IN 2010

MAKE

MODEL

2010 Rank

Ford

F-150

1

BMW

3-Series

2

Chevrolet

Silverado 1500

3

Ford

Mustang

4

Ford

F-250

5

Honda

Accord

6

Dodge

Ram 1500

7

Jeep

Wrangler

8

Honda

Civic

9

Chevrolet

Tahoe

10

Infiniti

G35/37

11

Chevrolet

Silverado 2500

12

Dodge

Ram 2500

13

Toyota

Tacoma

14

Nissan

Altima

15

BMW

5-Series

16

Jeep

Grand Cherokee

17

Toyota

Tundra

18

Audi

A4

19

Ford

Explorer

20





YEAR END: TOP 20 MOST VIEWED CERTIFIED PRE-OWNED VEHICLES IN 2010

MAKE

MODEL

2010 Rank

BMW

3-Series

1

Honda

Accord

2

Chevrolet

Silverado 1500

3

Ford

F-150

4

Toyota

Tundra

5

Chevrolet

Tahoe

6

Toyota

Camry

7

Toyota

Tacoma

8

Audi

A4

9

Honda

Civic

10

BMW

5-Series

11

Ford

Mustang

12

Acura

TL

13

Volkswagen

Jetta

14

Toyota

Highlander

15

Honda

Pilot

16

Toyota

4-Runner

17

Acura

MDX

18

GMC

Sierra 1500

19

Chevrolet

Suburban

20




SOURCE AutoTrader.com



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