November 1, 1990 |
Car retailing veterans Dan Cwieka and Jay Barchenger took advantage of the new 900 line "pay-per-call" telephone service in May to start a business providing auto resale values, new-car wholesale prices and car buying techniques to consumers. They named their Laguna Niguel company Car Smarts and, in a bit of inspired marketing following what Cwieka swears was a diligent search of legal records, they got a phone number that spells out BLU-BOOK.
April 7, 2007 |
When Les Kelley published his first modest "blue book" of car prices in 1926, it featured information on Hupmobiles, Duesenbergs and a 1921 Nash that was going for $50. Times change. Kelley Blue Book is now a 330-person operation providing car shoppers with online access to reams of performance and pricing information on gas-electric hybrids, crossover utility vehicles and other four-wheeled creations not dreamed of back in the Roaring '20s.
March 20, 1987
The California attorney general's office said it has been asked by a group of libraries to investigate a decision by Kelley Blue Book Co. not to make the Kelley Blue Book New Car Price Manual available to libraries any more. The book, which lists prices that dealers pay manufacturers for automobiles, can tell consumers how much dealer profit is included in sticker prices.
March 23, 2012 |
Volkswagen Group of America has announced plans to add 800 jobs at its factory in Chattanooga, Tenn., to increase production of its hot-selling Passat sedan. The new positions will bring the total for new jobs at the plant this year to about 1,000 and will push overall employment to 3,700, including positions offered by the automaker's contractors. The expansion comes as the U.S. auto market continues to gain strength after nearly collapsing in 2008 and 2009. Auto information company Kelley Blue Book Co. is projecting that the annual rate of industrywide sales in the nation will hit 14.6 million this month, the best March since 2007.
February 12, 2014 |
Toyota Motor Corp. launched a massive global recall of its popular Prius hybrid to fix a software glitch that could cause the car to stall, an aggressive reaction to counter past criticism of its slow response to defects, experts said. The Japanese automaker also said it would recall about 260,000 RAV4 sport utility vehicles, Tacoma trucks and Lexus RX350 SUVs sold in the United States to address a separate issue. The recall of the Prius, one of America's best-selling passenger cars and the top-selling vehicle in California, covers 1.9 million hybrids from the 2010 through 2014 model years.
June 26, 2008 |
Hybrids may be tops when it comes to saving gasoline, but they're far from the best choice for budget-conscious car buyers, a new study says. The four-door hatchback Chevy Aveo from General Motors Corp. leads the ranking of the best new-car values in terms of "total ownership cost" as calculated by automotive data firm Edmunds.com, based on $5-a-gallon gas. The highest-ranked hybrid was the Honda Civic at No. 10. The Toyota Prius hybrid -- No.