SANTA MONICA, Calif.--(BUSINESS WIRE)--
Edmunds.com,
the premier online resource for automotive information, has prepared the
following materials to support journalists covering this week's
announcements from the country's biggest automakers. Terms are defined
at the end of this document.
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Sales Performance Metrics
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Market Share
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True Cost of Incentives
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Days To Turn
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Average Discount from MSRP
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Chrysler (Chrysler, Dodge, Jeep)
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9.1
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%
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$
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4,584
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124
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-21.7
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%
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Ford (Ford, Lincoln, Mercury, Volvo)
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15.6
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%
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$
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3,451
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85
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-17.9
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%
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GM (Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saab, Saturn)
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19.7
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%
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$
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3,796
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109
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-16.6
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%
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Toyota (Lexus, Scion, Toyota)
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16.6
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%
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$
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1,620
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64
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-12.1
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%
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Industry Average
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N/A
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$
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2,835
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87
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-15.1
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%
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Consideration Share Breakout
The following data shows the percentage of Edmunds.com traffic that
visited pages featuring the specified automakers' vehicles during the
indicated months.
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Jan-09
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Feb-09
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Mar-09
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Apr-09
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May-09
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Jun-09
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Jul-09
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Aug-09
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Sep-09
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Chrysler Group
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10.0
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%
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9.8
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%
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9.4
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%
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8.8
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%
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10.5
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%
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9.5
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%
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9.6
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%
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8.9
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%
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7.8
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%
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Ford
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12.9
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%
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14.0
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%
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14.1
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%
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15.4
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%
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15.3
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%
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14.7
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%
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15.4
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%
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16.2
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%
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13.6
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%
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GM
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21.6
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%
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20.5
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%
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20.7
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%
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21.9
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%
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21.1
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%
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21.5
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%
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21.7
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%
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20.9
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%
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21.3
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%
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Toyota
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20.2
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%
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23.7
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%
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23.6
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%
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22.3
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%
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22.3
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%
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22.1
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%
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23.8
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%
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23.1
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%
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21.6
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%
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Recent Vehicle Launch Analysis
Edmunds.com analysts routinely track Web traffic to pages featuring
newly launched vehicles and compare the page views to individualized
benchmarks in order to get a sense of the public's reception to each
vehicle before sales numbers are available. Each newly launched
vehicle's benchmark takes into account its brand, its market segment and
the newness of the vehicle at the time of the research. Given this
analysis, Edmunds.com Senior Analyst David Tompkins, PhD has concluded:
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The new Ford Taurus is having an average launch.
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After a slow start, the new GMC Terrain is now on track for an average
launch.
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Neither the new Lincoln MKT nor the new Cadillac CTS Wagon is
attracting as many shoppers as we would expect.
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The new Buick LaCrosse, Cadillac SRX and Chevrolet Equinox are doing
better than expected.
More details can be found at Edmunds' AutoObserver.com.
The Edmunds.com team can provide additional data upon request.
Definitions of Terms:
Edmunds.com's monthly True Cost of Incentives SM (TCI SM)
report takes into account all of the manufacturers' various United
States incentives programs, including subvented interest rates and lease
programs as well as cash rebates to consumers and dealers. To ensure the
greatest possible accuracy, Edmunds.com bases its calculations on sales
volume, including the mix of vehicle makes and models for each month, as
well as on the proportion of vehicles for which each type of incentive
was used.
"Average discount from MSRP" reflects the difference between MSRP and
net price as a percentage of MSRP.
"Days to turn" measures how many days on average it took to sell
vehicles after they arrived at dealerships.
"Consideration" reflects casual interest in a vehicle as indicated by
one or more page views (photos, videos, reviews, etc.) The correlation
to sales is not strong, but companies value consideration because it
reflects interest in a brand or model that could translate into intent
when the consumer is ready to buy. Consideration is a good metric for
advertising effectiveness.
About Edmunds Inc. (http://www.edmunds.com/help/about/)
Edmunds Inc. publishes four Web sites that empower, engage and educate
automotive consumers, enthusiasts and insiders. Edmunds.com,
the premier online resource for automotive consumer information,
launched in 1995 as the first automotive information Web site. Its most
popular feature, the Edmunds.com True
Market Value(R), is relied upon by millions of people
seeking current transaction prices for new and used vehicles.
Edmunds.com was named "Best Car Research Site" by Forbes ASAP, has been
selected by consumers as the "Most Useful Web Site" according to every
J.D. Power and Associates New Autoshopper.com Study(SM), was ranked
first in the Survey of Car-Shopping Web Sites by The Wall Street
Journal and was rated "#1" in Keynote's study of third-party
automotive Web sites. Inside
Line launched in 2005 and is the most-read automotive enthusiast
Web site. CarSpace
launched in 2006 and is an automotive social networking Web site and
home to the oldest and most established automotive community. AutoObserver.com
launched in 2007 and provides insightful automotive industry commentary
and analysis. Edmunds Inc. is headquartered in Santa Monica, California,
and maintains a satellite office in suburban Detroit.
Edmunds.com Corporate Communications
Jeannine Fallon/Chintan Talati
Media
Hotline: 310-309-4900
pr@edmunds.com
www.Edmunds.com
Source: Edmunds.com
<<Business Wire -- 11/03/2009>>