{"id":5200,"date":"2014-04-03T16:26:05","date_gmt":"2014-04-03T16:26:05","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/2014-could-see-the-auto-industry-in-an-upswing\/"},"modified":"2014-04-03T16:26:05","modified_gmt":"2014-04-03T16:26:05","slug":"2014-could-see-the-auto-industry-in-an-upswing","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/2014-could-see-the-auto-industry-in-an-upswing\/","title":{"rendered":"2014 Could See The Auto Industry In An Upswing"},"content":{"rendered":"<p>Good news for car owners and enthusiasts: 2014 has already seen some very positive and promising indications that the auto industry may be on its way to being back on its feet.&nbsp;<\/p>\n<p>Despite recent economic gut-punches that have led to things like plummeting car values and closing plants, car enthusiasts demonstrated earlier this year that their dedication to their passion hasn&#039;t waned and, if anything, is actually on the rise. The Detroit Free Press reported that back in January, the North American International Auto Show held in Detroit attracted more than 800,000 attendees for the first time since 2003.&nbsp;<\/p>\n<p>&quot;The industry is healthy, the products and technology are spectacular, and confidence is high,&quot; <a href=\"http:\/\/www.freep.com\/article\/20140126\/BUSINESS03\/301260145\/North-American-International-Auto-Show-attendance\" target=\"_blank\">Bob Shuman<\/a>, NAIAS chairman, told the source.&nbsp;<\/p>\n<p>The iconic exhibition drawing in the biggest crowd in over a decade is more than just a statistical curiosity. It looks like America&#039;s renewed auto fever is having impacts on car owners all over the country. A report published by Kelley Blue Book indicated that March saw car values rise sharply across all classes. Current owners of midsize sedans and compact cars have particular reason to smile, as these classes have seen the largest percentage increase in value year-to-date.<\/p>\n<p>According to the Kelley Blue Book report, March saw large <a href=\"http:\/\/mediaroom.kbb.com\/market_report?et_cid=66677453&amp;et_rid=1773819705\" target=\"_blank\">spikes in the value of used cars<\/a> in particular, with an increase of 1.4 percent on average. While encouraging, this is hardly surprising, as Kelley Blue Book&nbsp;reported the used car market has been particularly strong throughout the winter season and heading into the spring thaw.<\/p>\n<p>Celebrate your passion for cars by coming down to <a href=\"http:\/\/www.njstateauto.com\" target=\"_self\" class=\"dnautolink\">NJ State Auto Auction<\/a>. There are hundreds of Carfax-certified cars on the lot, and an in-house finance department to help you get approved for a loan. You may find yourself driving away with a high-quality used car, truck or van.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good news for car owners and enthusiasts: 2014 has already seen some very positive and promising indications that the auto industry may be on its way to being back on\u00a0 its feet.<\/p>\n","protected":false},"author":4,"featured_media":5201,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2014 Could See The Auto Industry In An Upswing<\/title>\n<meta name=\"description\" content=\"Good news for car owners and enthusiasts: 2014 has already seen some very positive and promising indications that the auto industry may be on its way to being back on\u00a0 its feet.\" \/>\n<link rel=\"canonical\" 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