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Average transaction prices climb to a record $36,270 in January

The automotive sector made a hash of the numbers last month, a mess of pluses and minuses clogging the transaction-price charts according to Kelley Blue Book. The overall industry rose one percent, even though buyers bought fewer cars and light vehicles in January 2018 vs 2017 using the selling-day adjusted rate. Due to January transaction prices rising to $36,270, a record for January, the value of new vehicles sold climbed more than $1 billion compared to January 2017. KBB's transaction prices don't include customer incentives, which changes the complexion slightly; average incentive spending rose to just over ten percent. The average transaction price in December 2017 was $36,756, so January dropped a bit - nothing unexpected, with the month annually blamed for "January doldrums." More revealing is the fact that the average transaction price in January 2017 was $34,910. This year's plumped-up figure came courtesy of the continued shift to crossovers, SUVs, and light trucks, which shouldn't surprise anyone who's read an automotive blog in the past 20 years. That category comprised nearly 70 percent of new vehicle sales for the month. Some manufacturers profited more than others, though. Fiat Chrysler managed 12.8 percent fewer sales in January compared year-on-year, but the company's vehicles sold for $1,300 more. The Ford brand suffered a 6.3-percent dip in sales, but brand transaction prices increased $2,000, while a Lincoln sold for $8,700 more on average. General Motors sold more cars and sold them for more money; overall GM transaction prices rose four percent, or $1,270, while a GMC traded hands for seven-percent more than in January 2017 and a Cadillac got $2,300 more on average. Of KBB's listed automakers, the Volkswagen Group got the most of out its customers, transaction prices rising at the German automaker by 5.6 percent to $42,243 in January 2018 compared to a year earlier. American Honda followed with a 4.3-percent increase to $28,991, GM in third at 4.1 percent to $40,313. Find your next car at Autoblog using our new and used car listings or the Car Finder tool. Broken out by segment, minivans rocked the table, transaction prices leaping by 7.9 percent to $35,380 compared to January a year earlier. Luxury cars boasted the next-highest rise, at 3.6 percent to $58,533.

Remembering the glory days of the Honda Civic Si

In addition to watching host John Davis slowly age over his decades on the show, MotorWeek's Retro Review series on YouTube allows us to look back on some of the favorite models of yesteryear to see their evolution toward present day. Take the 1989 Honda Civic Si for example, which is newly featured. The name is still on the market, and the current model boasts 205 horsepower and 174 pound-feet of torque from its 2.4-liter four-cylinder. However, the current Si is being left behind in power by other performance compacts like the latest Volkswagen GTI, Subaru WRX and Ford Focus ST. Back in 1989, the Civic Si was still something of an upstart in the hot hatch ranks and definitely had something to prove. Remember, this was a about decade before the tuner boom of the late '90s gave these Hondas massive popularity. Though, the writing was on the wall for eventual success, based on the MotorWeek review. The show called it "stylish" and was attracted to vehicle's sharp handing, even with no power steering. Like today, power was lacking compared to major competitors like he VW GTI, but Honda's 1.6-liter four-cylinder with 108 hp and 100 lb-ft still received some praise. As always, it's fascinating to see how these now beloved models stack up when looking back. The high-performance Civic might be due for another surge in popularity too, if the forthcoming Type R from Europe ever makes to the US. News Source: MotorWeek via YouTube Honda Hatchback Performance Classics Videos honda civic si

1964 Honda SM600 roadster gets elemental in Jay Leno's Garage

Honda has made a handful of sports cars in the past, with examples like the Acura NSX and Honda S2000 standing as noteworthy examples. But before either of them came along, there was the Honda S600. And Jay Leno has a beautiful example from 1964 in his garage for this latest video installment. The inspiration for the new JDM S660, the original S600 came out in 1964 – which just happened to be the same year that Honda broke into Formula One. And you can hear that relationship when the dual-chain-drive 600cc inline-four revs up to its 9,500-rpm redline. It may not have had the power of contemporary British roadsters from MG and Triumph, but it had plenty of character. When Leno got a hold of this one – a top spec SM model – he and his team took it apart nut and bolt, powder-coated the chassis, resprayed the body and put it all back together better than new. But you'll want to hear Jay tell the story himself in this fifteen-minute video clip. News Source: Jay Leno's Garage via YouTube Celebrities Honda Convertible Classics Videos Jay Lenos Garage