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Dodge Charger, F-250 Popular With Car Thieves

img-1The most theft-prone vehicle in America might be the Dodge Charger. Or it might be the Ford F-250 pickup truck.

Those are the contradictory conclusions of the National Highway Traffic Safety Administration and the insurance industry-funded Highway Loss Data Institute.

Still, the government agency and private group agree that the theft of late-model vehicles is on a rapid decline in the United States. One reason: automakers’ increasing use of ignition immobilizers, which stop thieves from hot-wiring cars. Nearly 90 percent of 2012 models are equipped with them.

In a report released on Monday, NHTSA said the car stolen most often during the 2011 calendar year was the Charger, with 4.8 thefts for every 1,000 cars produced in 2011. It was followed by the Mitsubishi Galant, Hyundai Accent, Chevrolet Impala and Chevrolet HHR among vehicles with more than 5,000 units produced that year.

Pickup trucks took the top five places in dueling rankings released today by HLDI, an affiliate of the Insurance Institute for Highway Safety. In first place was the Ford F-250 crew-cab with four-wheel drive, followed by the Chevrolet Silverado 1500, Chevrolet Avalanche 1500, GMC Sierra 1500 crew, and Ford F-350 crew with four-wheel drive. The rankings cover model years 2010 to 2012.

The Cadillac Escalade, long the most theft-prone vehicle according to HLDI, dropped to sixth place after GM reworked the SUV to thwart thieves.

“General Motors has put a lot of effort into new antitheft technology, so that may help explain the decline,” Matt Moore, vice president of the group, said in a statement.

Different methodology

The two reports produced separate results because of differences in methodology, Moore said during an interview. His group bases its rankings on a database of insurance claims, while NHTSA counts thefts reported to police.

Moore said large pickup trucks are also particularly prone to theft claims because owners can recoup the cost of equipment stolen from the flatbed.

Still, the two groups can agree on some of their findings — including that the Charger is stolen more frequently than most vehicles. While the muscle car did not make the top 10 most stolen models according to HLDI, the group found that it had 3.5 theft claims per 1,000 years of insurance coverage, or triple the average model.

Experts are not exactly sure what makes the Charger so popular with thieves, although the car’s ample horsepower might be part of the equation.

“If I were a thief I might be able to answer that better,” Moore said during a phone interview. “They’re powerful vehicles,” he added.

NHTSA says its preliminary data show that model-year 2011 vehicles were stolen that calendar year at rates 91 percent lower than the year before.

Steep decline?

In 2011, there were only 0.1 thefts for every thousand vehicles produced, down from 1.17 thefts per thousand cars in 2010. To compile the report, which contains statistics from 226 vehicle lines, NHTSA compared vehicle theft data from the FBI’s National Crime Information Center with production data reported to the EPA.

NHTSA says its latest findings mark a record decline in the theft rate. NHTSA data show that the nation’s vehicle theft rate has declined by an average of 13 percent each year since 2006, which was the last time the rate increased.

Terri Miller, executive director of Help Eliminate Auto Thefts, or H.E.A.T., a public-private partnership dedicated to the prevention of vehicle theft, was skeptical of NHTSA’s conclusion.

She said auto theft is dropping, but she would be surprised if it is happening as quickly as the report indicates.

“It seems like a very dramatic decrease,” Miller said.

BMW extends global sales lead over Audi, Mercedes in June

img-2Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.

Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.

Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.

“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said Hanover-based NordLB analyst Frank Schwope. “Design of their cars has improved and they’re ahead on fuel-saving technologies.”

Tesla to join Nasdaq 100 as Oracle defects to NYSE

img-3Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.

The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.

Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.

“It’s a coming of age, recognition that a company has market

Toyota Camry, Honda Civic inventories rise, report says

img-4The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of passenger cars in

Fiat exercises option to buy additional 3.3% of Chrysler shares

img-5Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) in 2012 amid a

Rod and his sons show off their souped-up Ford F-650 Ryan Kerrigan of the Washington Football Team

We?re back again with another segment of Redskins Rides presented by the Washington Redskins and Easterns Automotive Group.? For this week?s segment, Easterns thought it was only right to recruit not only a Washington Redskins player but also a member of their very own All Star Team.? They selected Ryan Kerrigan who is the linebacker for the Redskins who has also starred in several commercials for Eastern Motors.? Kerrigan met up with Rod and his two sons at Redskins Park in Ashburn, Virginia to discuss his amazing ride.? Rod has a 2005 Ford F-650 5.9-liter Cummins engine and an Allison transmission. He is an avid Redskins fan that converted this truck into a Redskins Ride about five years ago when he purchased it.? The truck is complete with a custom burgundy paint job to match the team colors and also two large Redskins flags that hang on the back pick-up portion of the truck.? This huge loud truck will definitely make you turn your head it drives by.? We would like to thank Rod and his two sons for taking the time to show off and discuss their souped-up truck with Kerrigan. ?It?s such a joy to meet amazing fans and give them an opportunity and platform to share their amazing vehicles.? Stay tuned for more Redskins Rides!

Caleb and Ron show off their 2003 Corvette to Dustin Hopkins of the Washington Football Team

A new week means a new Redskins Rides segment from Easterns Automotive Group and the Washington Redskins. This week, father son duo Caleb and Ron showed off their custom Redskins-themed 2003 Corvette to Dustin Hopkins of the Redskins. The yellow and burgundy paint combination catches your eye as soon you see the car. This is truly a one of a kind Corvette. Ron has been a Redskins fan his whole life. His son followed in his footsteps and grew to love the team as well. They discussed the attention that they receive at the home games when they drive the car. Their Corvette is complete with a custom Redskins paint job, team logos/badges, and a trunk full of memorabilia that these two have collected over the years. Ron told Dustin that people always offer food, memorabilia, and of course they want to take pictures with the car. You?re more than likely to see this ride in the green parking lot during any of the Redskins home games. Tell Caleb and Ron that we sent you! We would like to thank these two for showing off their amazing ride. Stay tuned for more Redskins Rides!

Craig and Robert show off their 1963 Corvette to Chris Thompson of the Washington Football Team

We?re back for the second week of the Redskins Rides segment that the Washington Redskins and Easterns have partnered up for. For this segment, Easterns recruited Chris Thompson who is a running back for the Redskins. Chris met up with Craig and Robert to talk to them and discuss their 1963 Chevy (Chevrolet) Corvette. There are several aspects of this Corvette that make is unique than some that one might see on the street. This car is 1 out of 10,594 Corvettes made in 1963 that have the split window in the back. This was also the only year that Chevy made Corvettes with the split window. Seeing a Corvette like this is rare in itself but owning one is almost unheard of. Craig and Robert purchased this car after it was previously in a wreck and re-built it from the ground up. The headlights on this Corvette also rotate down when not in use and then up when they are on. Sick! This is a true Redskins ride because the color of the car almost matches the color of the Redskins jersey that Thompson is wearing. We love it! We have to thank these two for giving us an exclusive look at their ride. Stay tuned for more Redskins Rides!

Dustin Hopkins & Anthony Lanier II help Vince show off custom Redskins? themed Polaris

For years, Easterns Automotive Group (Eastern Motors) has hosted their annual Redskins Rides car show event at Redskins Park in Ashburn, Virginia. Redskins fans from all over the DC, Maryland, and Virginia community travel to come enjoy a day of fun, cars, and of course Washington Redskins players. Only the best of the best in the area and the world of cars enter to be in the car show every single year. However, this year they thought it was time to switch things up. Easterns thought it would be a great idea to highlight some of the best and most special vehicles that entered. In the clip below, Dustin Hopkins and Anthony Lanier II are seen accompanied by Vince to discuss and show off his custom Redskins? themed Slingshot Polaris. This ride is special in so many different ways especially because of the detail that was put into the design. Different parts of the Polaris are decorated with pictures and memories of the late Sean Taylor that played for the Redskins from 2004 to 2007 before he was killed. Vince spoke about the attention that he gets while driving the vehicle and also for often being mistaken for a Redskins player. Fans have even approached him for autographs. Though it?s all in fun, Vince clearly loves the attention that he gets for representing the NFL team he loves. Stay tuned for more Redskins Rides!

Brendan Haywood Sits Inside of a Mini Cooper

We are back with another Throwback Thursday Clip from Eastern Motors. This week, we have Brendan Haywood who is a former center for the Washington Wizards. Easterns built a great relationship with Haywood during his time because not only was he local, but he accomplished great milestones with the Wizards. Being that Easterns has always been a big supporter of all the teams and players in the area, they thought that Haywood would be a great addition to the Easterns family.

Haywood?s 7 ft height was always a physical feature that he to use to his advantage on the basketball court. This didn?t work when he tried to fit inside of a Mini Cooper during his commercial shoot with Easterns. Even though he was able to fit inside the car, he had very little room left to maneuver and be comfortable. The car salesmen walked him through the perks of having a Mini Cooper such as great gas mileage, tax breaks on emissions, and the affordable price tag. However, even these great perks couldn?t prevent Haywood from saying that he needed a car that was better for his size. After searching the dealership, he found a Cadillac Escalade that fit him comfortably. It?s great for customers to see that Easters has cars, trucks, and SUVs that fit everyone?s size and budget.