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How new car shortages may impact your buying experience

If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.

Ford, Toyota clean up in Best Car For The Money Awards

The U.S. News Best Cars for the Money Awards picks winners by looking at the average transaction price, five-year total cost of ownership, the regard a car has from the automotive press, reliability figures from J.D. Power and Associates and safety data from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety. The result, according to the magazine, is "the best combination of critical acclaim and long-term value."
Ford nabbed six of the 21 categories that received awards this year, the Focus, Fusion, Fusion Hybrid, Taurus, Escape and Edge getting trophies. Toyota and its Lexus and Scion sub-brands took another five, the Tacoma and Tundra owning the two categories given to pickup trucks. The other ten awards were split between Honda with three, Buick with two, and one each for Subaru, BMW, Hyundai, Chevrolet and Mazda.
Follow the link to see all the winners and read about why they were chosen.

2016 Honda Civic colors and interiors leaked

UPDATE: Honda enthusiast forum Temple of VTEC also reported the 2016 Civic color information. We're just a short time away from our first test of the new Honda Civic, which should be when we get the full slate of details. We are, however, impatient and imagine that you are, too. That's why we're stoked about a discovery from 10thCivicForum.com, which shows the entire interior and exterior color slate, along with their specific combinations. There will be nine exterior paint colors, including some that fans of the current Civic will be familiar with. Taffeta White, White Orchid Pearl, Crystal Black Pearl, Modern Steel Metallic (shown above), are all carry overs from the current-gen four-door, while Rallye Red is an addition from the current two-door Civic. Other colors can be found on other products in the Honda catalog, including Lunar Silver Metallic from the Accord and Aegean Blue Metallic from the Fit. New shades include Cosmic Blue Metallic and Burgundy Night Pearl. Every color will be offered on every trim, except for Taffeta White, which is only offered on the basic 2.0-liter LX model. The interior colors are, of course, more predictable. You can choose from black, gray, or ivory. Exciting, we know. You can check out the entire color matrix, which breaks down which interior colors pair with which paints on the entire Civic range, over at 10thCivicForum.com. Check it out, and keep an eye out for our first drive of the latest Civic Sedan, coming soon.