Alec Gutierrez

Kelley Blue Book recently released its new-car sales forecast for August 2015 and, according to the press release, new-car sales will drop 4 percent over the month, with Labor Day timing impacting on results and Fiat Chrysler Automobiles NV (NYSE: FCAU)’s streak probably hitting an end....

After General Motors Company (NYSE: GM) unveiled its new Chevrolet Bolt concept car at the North American International Auto Show, Kelley Blue Book Senior Analyst Alec Gutierrez said he loves the thought of a 200-mile ranged electric vehicle for $30,000. “Stick before tax rebates will be...

Automakers saw another great year for new-car sales in 2014. Full-year sales are expected to come in around 16.5 million vehicles, taking the market back up to pre-recession levels. But now it’s time to look forward to the coming year for the auto sector. On a conference call Monday...

Conflicting signals have come from Tesla Motors Inc (NASDAQ: TSLA) and Toyota Motor Corp (ADR) (NYSE: TM) this week about the two automakers' present and future relationship. Both companies have expressed admiration for each other. Toyota has also been purchasing some electric car...

There are more signs 2014 may be turning into a vintage year for car sales and perhaps one of the best years in a while. J.D. Power forecast new vehicle sales in August to come in close to $39 billion. That record consumer spending, according to senior vice president John Humphrey has been...

Is there a risk of a subprime auto lending “bubble”? The New York Times raised that question in July, in a lengthy investigative article on its DealBook page. According to the article, the number of used-car auto loans -– mostly to people with bad or no credit -– has...

Auto leasing, once considered the realm of status-conscious drivers and people who need a new ride every three or so years, is making a comeback among U.S. consumers. Bloomberg News, quoting data from Edmunds.com, says leases have so far accounted for nearly 28 percent of this year's new...

More signs appeared this week of the auto industry's bounce-back from the depths of the recession: the industry reported better-than-expected new car sales in the U.S. last month. The sale of 1.6 million vehicles, as well as strong sales figures for the growing alternative car market were...

Is the self-driving car project just announced by Google (NASDAQ: GOOG) (NASDAQ: GOOGL) a game-changer? On Tuesday, on its blog site, the internet giant unveiled its plans to build around 100 prototype versions of the fully self-driving vehicles. The company says the vehicles, which look a lot...

It's been baptism by fire for Mary Barra. Less than three months into her job as CEO, the longtime General Motors (NYSE: GM) executive found herself enduring two days of testimony on Capitol Hill this week – trying to explain to lawmakers why GM only recently announced the recall of some...

Another apparent set-back for General Motors (NYSE: GM). The automaker on Thursday issued a stop-delivery order to Chevrolet dealers in the U.S. for several models of its popular Chevy Cruze compact sedan. According to a memo obtained by the Automotive News, the order refers to some Cruze...

More recall woes for Toyota (NYSE: TM). On Wednesday the automaker announced a voluntary recall of about 700,000 of its popular Prius hybrid vehicles in the U.S., model years 2010 to 2014, due to a software issue. Toyota is also recalling a combined 300,000 of its 2012 RAV4, 2012-2013 Tacoma...

Ford (NYSE: F) is roaring into 2014 on a trunkload of good news. The automaker beat analysts' expectations with a very strong fourth-quarter earnings report Tuesday. It also announced 2013 to be one of its “best years ever,” with a pre-tax profit of $8.6 billion for last year – an increase of $...

Here's a bit of startling news, especially if you're a Baby Boomer: the Ford (NYSE: F) Mustang turns 50 next year. Ford is launching a full-court press campaign for its iconic pony car starting on Thursday, when the new, sixth-generation Mustang is unveiled on ABC's (NYSE: DIS) Good Morning...