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Digital Air Strike Study Shows Car Buyers Using Social Media and Online Reviews More Than Ever

Date:
May 17, 2013
Source:
Business Wire / Powered by NewsLook.com
Summary:
A study of more than 2,000 car buyers and 650 automotive dealerships finds consumers are increasingly using online review sites, Facebook and mobile devices in the car buying process


Related Videos

last updated on 2014-12-22 at 12:35 pm EST

More Car Shoppers Going Mobile, Tesla Rises to the Top

More Car Shoppers Going Mobile, Tesla Rises to the Top

TheStreet (May 14, 2014) — Auto shoppers are using mobile devices more than ever to find the car of their dreams, says Avi Steinlauf, CEO of Edmunds.com. Steinlauf says shoppers are not always seeking out the cheapest vehicle with 64% of buyers saying time and price are of equal importance. He says shoppers on average will visit two dealers and take two test drives. On that score, Steinlauf says 80% of shoppers who take test drives will purchase a car within two weeks. Finally, Steinlauf says the recall controversy is not affecting GM shoppers and he says Tesla is worth the hype if price and range are not an issue. Video provided by TheStreet
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Classics Revealed: The Funniest Classic Car Ever...Rock and Rolls Again

Classics Revealed: The Funniest Classic Car Ever...Rock and Rolls Again

TFL Car (Nov. 11, 2013) — ( http://www.TFLcar.com ) What's the funniest car that has ever been built? We would wager that it is this car. In another accurate, fun and informative TFLcar classic review, Roman gets to ride and even experience the funniest car ever built. What car is it? You'll have to watch the TFLcar Classic revealed video to find out.
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Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

TheStreet (July 11, 2014) — Gas Natural, the Ohio-based company mired in scandal, was recently talking to prospective buyers about a sale, but talks came to a screeching halt when former CEO Richard Osborne filed a lawsuit against the company. The scandal started back in November when Ohio regulators ordered an investigation into Gas Natural. In May, the company announced that Osborne would be retiring and his son would take the reins. Late last month, Osborne Senior struck back, filing a lawsuit against the company. The suit has forced Gas Natural to put the sale on the back burner, but sources say that as soon as the matter is settled, the company will once again be on the prowl for a buyer. Even with the controversy surrounding the company, there will be no shortage of buyers as there is an intense level of interest in the gas local distribution space. Similar companies that have recently traded hands have fetched rich ebitda multiples of 10.5 times. With about $20 million in ebitda last year, Gas Natural could easily fetch north of $200 million in a sale. Video provided by TheStreet
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2014 Tesla Model S P85+ Takes on the Ike Gauntlet Review (Part 3)

2014 Tesla Model S P85+ Takes on the Ike Gauntlet Review (Part 3)

TFL Car (Nov. 14, 2013) — ( http://www.TFLcar.com ) The Tesla Model S P85 is a revolutionary car that says goodbye to the internal combustion engine and hello to the electric motor. But how will this all electric car do when the road gets steep and the altitude gets to two miles above sea level. From Dillion, Colorado to the Eisenhower Tunnel US I-70 climbs 8 miles to a maximum elevation of 11,158 feet or 3,401 meters. That's enough elevation and grade to test a small economy car like the 2014 Ford Fiesta and the Chevy Sonic Turbo, but how will the 2014 Tesla Model S P85+ perform on the same stretch of American Highway? In Part 3 of another accurate, informative and fun TFLcar mashup review Nathan, Emme, Andre and Roman take on the Ike Gauntlet in the new 2014 Ford Fiesta and Chevy Sonic Turbo and the most powerful electric production car...the 2014 Tesla Model S P85+ to see how these small cars handle the steep grade and lack of air density in the Mountains of Colorado.
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