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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.

South Korean guy rides his scooter all the way to the Nurburgring

It's a story of extreme determination. Imagine starting up your humble scooter in Seoul, South Korea, setting off and not stopping before you reach your destination over 11,000 miles away in Germany. Lee Jaeyeong did just that, riding his eight-horsepower, 110-cc Honda Super Cub through Asia, Russia, Italy, and Switzerland just to get to the Nurburgring, documenting the entire three-month journey on his Instagram feed. This is downright The Straight Story kind of stuff. Video of his first ride on the 'Ring, the reason he made the trip, is above. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. And what better way to celebrate the successful trip than a lap or two of the 'Ring? In addition to completing a well-deserved tour of the Nordschleife on his trusty Honda scooter, late in the evening as all the Porsches and BMWs headed home, Lee was also able to passenger in a track-prepared SEAT Leon Cupra – driven by a properly fast driver. His excitement in the video is particularly palpable. The best thing is Lee isn't heading home just yet. Now that he's made it to Europe with his scooter, Lee's going to ride around the continent, seeing some more sights and twisty roads. He might well be the petrolhead of the year. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Honda CR-V spot delights with 'impossible' illusions

Mind-blowing car commercials that employ optical illusions and jaw-clenching stunts instead of computer animation are becoming the norm these days, and everybody from Volvo Trucks to Forza Motorsport 5/McLaren are regular contributors to the growing trend. Honda joins the crowd in its latest European commercial for the CR-V 1.6 i-DTEC Diesel, and uses well-placed props and well-drawn imagery to trick viewers into seeing the "impossible."
The old-fashioned optical illusion is alive and well in Honda's "An Impossible, Made Possible" spot, so go ahead and watch it and the making-of video below.