Happy days are here again!

April new car sales were up 9% from April 2012; which doesn’t sound like all that much until you realize that the winning brands beat losing brands by a near 5 to 1 margin.

As for used cars sales, they are even better. Official stats for the used car market are always hit or miss. But with large dealer networks such as Sonic Automotive, Carmax, Group One, and Asbury Automotive all recording double digit used car sales growth, it’s safe to say that the overall market for late model vehicles remains healthy.

And for all that good fortune, you can thank one overwhelming force in today’s marketplace.

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Our last look at the Accord was back in September when we ran a two-parter (part 1, part 2) after being invited to the launch event. Yes, shockingly our invite wasn’t lost in the mail. As TTAC has said in the past, there are problems with launch events. Usually you’re running around in a pre-production car that may not be “quite right” yet, you have to split your driving time with some dude from another publication (shout out to Hooniverse on that trip).  Drive time is limited, and exclusively done on roads selected by the manufacturer. Sometimes you don’t get the trim level you want either. What I wanted was one step up from the base model, the mainstream EX and I wanted it on the same roads I’ve driven the other Camcord competitors. Here’s that review.

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Yet another bit of bleak data from Europe relating to new car sales. A popular school of thought holds that young people’s aversion to cars is largely rooted in economic factors. When everyone under 30 is broke, living at home and wallowing in student debt, the last thing on their mind is a car. But the hope is that once things turn around, it will be time for Generation Y to get motoring again. At least in North America. Over in Europe (or certain parts of it, at least) things are much more bleak.

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I remember when the RX rolled onto the scene in 1998. It was truly the first successful crossover as we would know it today. While everyone else was trying to produce a truck-based luxury SUV, Lexus took the Camry/ES platform, put a jelly-bean inspired box on top and jacked the ride height up to 7.7 inches. The result was instant sales success. As we all know however, success has a price. The marshmallow-soft FWD RX lacked road feel, steering feel and sex appeal. Although it’s a bit late in the game, Lexus has decided to fix that last problem with the introduction of the 2013 RX F-Sport. (Read More…)

The Stagecoach Music Festival is a lot of things to a lot of people. Really, it’s the lifeblood of the place where they hold it, though I’m not entirely sure where that is, because I hadn’t heard of it until yesterday when Toyota released the redesigned 2014 4Runner there.

By “redesigned,” which is Toyota’s word, what I actually mean is “facelifted.” And by “facelifted,” what I actually mean is: I have absolutely no idea what’s changed. I’ve looked over the photos and it still looks identical to the old 4Runner, which is to say that it’s 5 percent brawny, hulking SUV and 95 percent brawny, hulking wheel arches. Also, there are now LEDs.

By coincidence, I got behind a 4Runner in traffic the other day. This provided me with some good reading, because all 4Runner owners are required by Toyota to have bumper stickers. Seriously. When you’re test driving one at the Toyota dealer, they say: do you have a lacrosse bumper sticker? If you reply “no,” they show you a Highlander.

Between the bumper stickers and the Stagecoach Music Festival, I was lost in thought about Toyota SUVs. And that’s when it hit me: Toyota now sells seven different sport-utility vehicles. How did this happen?

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Ratings agencies and other players in the finance world are beginning to sound the alarm on auto backed securities.  Among the most troubling factors for some investors is the growth of smaller issuers who rely on pools of deep subprime loans. And ratings agencies who are being more conservative with their ratings are missing out on the action.

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The Avalon has been something of a caricature since it wafted on stage in 1994. The stretched Camry was low on soul, devoid of style and soft of spring. In short, it was the Buick that wouldn’t leave you stranded. Since then Toyota has struggled to divine a mission for their full size sedan, a problem complicated by the re-invigoration of the large sedan market by the American brands. In hopes of resurrecting sales numbers, which have slid to 25% of their 2000 year shipments, Toyota has injected something hitherto unseen in an Avalon: style. Is it enough?

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As the line between automotive electronics and consumer electronics grows ever closer, the list of new-car options has grown at an incredible pace. As a person who’s constantly in a new vehicle and has an insatiable love for gadgetry, click through the jump for my top 10 must-haves and the 10 options you should avoid at all costs. Picking the right options can help your car’s resale value and choosing the wrong ones can lower it or even limit the market for your ride.

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Redesigning retro is a herculean task. You need to change the vehicle enough to be worth the effort, meanwhile maintaining an iconic retro theme. If you don’t change enough, shoppers won’t see a reason to trade in their old flashback for the new time capsule. Change it too much and you’re left with a caricature. The task is so daunting that few even attempt it. (Just look at the one-hit-wonders: PT Cruiser, HHR, SSR and Thunderbird.) VW on the other hand is different. After all they continued to build and sell the same Beetle with minor tweaks for 65 years straight. If anyone can tweak retro and convince people they need it, it’s VW. Sure enough, 2012 was the best Beetle sales year since 1973. As a chaser to VW’s revived retro-mojo, the Beetle is now offered sans-top and VW tossed us the keys to a brown-on-brown model for a week so we could get our 70s on. Can you dig it?

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18 months after the first ever Generation Why column debuted on TTAC, one of the buff books has finally latched onto the whole “kids don’t drive anymore” meme. Road & Track’s feature on today’s youth and their lack of enthusiasm for the automobile is much grander than anything I’ve ever done. In an ideal world, I suppose I would fly a friend of mine to California on an all expenses paid trip where we’d sample a Rolls-Royce Ghost, a Lamborghini Gallardo, a Porsche 911, a Ford F-150 SVT Raptor and the talents of two race car drivers. In the real world, the best I can do is initiate a low-speed four-wheel drift in my Miata while asking them if they still think it’s a girl’s car. Such is the life of a blogger.

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The mid-size sedan sales race has become a close one over the first quarter of this year – while the Toyota Camry has established a healthy lead, the race for second through fourth place comes down to an 8,000 unit spread between the Honda Accord, Nissan Altima and the (game-changing) Ford Fusion.

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Honda and the Big Three posted the biggest gains this month, and we’re getting word that March’s best-selling car was the Nissan Altima, followed closely by the Camry and Accord.

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Want a fuel-sipping, tree-hugging sedan with stunning good looks? Ford thinks they have the answer in the 2013 Ford Fusion Hybrid. Can jamming a gasoline/electric drivetrain behind Ford’s sexy grille continue the love affair the press has had with Ford’s world-car? More importantly, can this Ford hybrid live up to its EPA numbers? Let’s find out.

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The popular wisdom among folks in the auto-biz of my generation (1970s) is that Buick only exists because of China. Why didn’t GM kill Buick in America and keep it in China? The answer is obvious: you can’t sell your brand on its “Americanness” if it isn’t also sold in America to Americans. Buick then is a brand hunting for a mission. It’s also a brand hunting for fresh customers that don’t remember the Century and Skylark, two abominations firmly burnt into my mind. In attempt to solve these problems Buick has ditched their badge-engineering mantra and is rolling out new products targeted at folks from the 80s and 90s. Forced induction and a manual transmission aren’t new to Buick, but the possibility of a desirable small sedan from the triple-shield is earth shattering. Have they managed it? GM tossed us a set of keys to find out.

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The first shots of the Alfa Romeo 4C have been released, and it’s just as gorgeous as one would expect a mid-engined Alfa to be. A 1.75L turbocharged 4-cylinder and a 6-speed twin-clutch gearbox motivate the 4C. No horsepower rating has been released, but in current Alfas, the same engine makes 232 horsepower.  We’ll have to wait for the car’s debut at the Geneva Auto Salon for more details.