Introductions bring good news for Jeep and Ford Publish date: Jul 30, 2010  PR Newswire CHICAGO, July 30 CHICAGO, July 30 /PRNewswire/ -- Newly redesigned, Jeep's Grand
Cherokee is clearly driving interest on Cars.com. According to the most recent Cars.com
Consumer Lead Index, the new Grand Cherokee saw the greatest increase
in leads on the site in July. Another notable car that made the list is the newly launched Ford
Fiesta sub-compact. "The launch of the Jeep Grand Cherokee and the new Ford Fiesta are important for their manufacturers, and it's positive
news for them that these cars are generating so much interest among consumers," said Cars.com Editor-in-Chief Patrick
Olsen. "For Jeep, it's a much needed redesign for its flagship vehicle at a time when Fiat/Chrysler desperately needs
new product in the marketplace. For Ford, the Fiesta marks its attempt to regain its footing in the fuel-efficient sub-compact
category." For most manufacturers, new car leads from consumers experienced a year over year decline, which can be attributed to last
year's unprecedented leads and sales volume due to the Cash for Clunkers program that was launched last July. Luxury manufacturers
like Land Rover, Porsche, Audi and Jaguar bucked that trend, showing the biggest growth in new car leads year over year. "New car sales have seen significant gains year over year for most manufacturers for the first half of the year," Olsen
added. "July is looking like another great sales month, but it will be interesting to see if the numbers come close to last
July's numbers when Cash for Clunkers drove buyers into showrooms, especially for brands like Toyota that benefited most from
the government backed incentive program." Cars Experiencing the Largest Increase in New Car Leads to Dealers Month over Month: July Movers % Increase in New Car Leads to Dealers Jeep Grand Cherokee 49% Honda Odyssey 28% Jeep Wrangler 28% Nissan Versa 23% Toyota Tacoma 16% Ford Fiesta 15% Toyota 4Runner 14% Ford Fusion 12% Ford Edge 11% Cars Experiencing the Largest Decrease in New Car Leads to Dealers Month over Month: July Losers % Decrease in New Car Leads to Dealer Volkswagen Jetta -31% Kia Sorento -22% Chevrolet Camaro -21% Hyundai Sonata -17% Ford Mustang -15% Chevrolet Corvette -15% Chevrolet Silverado 1500 -15% Hyundai Tucson -13% Chevrolet Equinox -8% Chevrolet Traverse -8% Year over Year Change in New Car Leads by Brand % Increase/Decrease in ConsumerContacts to Dealers Land Rover 70% Porsche 37% Buick 32% Audi 30% Cadillac 26% Jaguar 23% GMC 15% Lincoln 2% BMW 1% Mercedes-Benz -6% Infiniti -11% Saab -14% Hyundai -15% Mini -19% Ford -20% Subaru -20% Volkswagen -22% Mitsubishi -23% Acura -24% Volvo -28% Kia -33% Chevrolet -33% Jeep -35% Dodge -38% Honda -43% Lexus -45% Nissan -47% Toyota -53% Mazda -56% Mercury -57% Suzuki -57% Scion -61% Chrysler -67% Smart -71% About Cars.com Cars.com is the leading destination for online car shoppers, offering credible, easy-to-understand
information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay
for a car. With comprehensive pricing information, side-by-side comparison tools, photo galleries, videos, unbiased editorial
content and a large selection of new- and used-car inventory, Cars.com puts millions of car buyers in control of their shopping
process with the information they need to make confident buying decisions. Launched in June 1998, Cars.com is a division of Classified
Ventures, LLC, which is owned by leading media companies, including Belo (NYSE: BLC), Gannett Co., Inc. (NYSE: GCI), The
McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO). SOURCE Cars.com |
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