Study says 7.4% of Lamborghini models purchased by women, and other gender curiosities

Filed under: Car Buying, Coupe, Budget, Sedan, Performance, Truck, Luxury

2010 Lamborghini Gallardo LP 570-4 Superleggera

2011 Lamborghini Gallardo LP 570-4 Superleggera – Click above for high-res image gallery

A study released by TrueCar.com revealed that 7.4 percent of Lamborghini buyers in 2010 were women, a 2.2-percent rise over the previous year. Rolls-Royce and Ferrari also saw an increase in purchases by females, with Rolls climbing from eight percent to 9.3 percent and Ferrari going from 5.1 percent to 6.4 percent.

Those increases take the number of ladies who buy exotics from next-to-nothing to very small, but an increase is an increase. TrueCar doesn’t offer an explanation as to what may have caused the uptick. Got any ideas? Leave ’em in the ‘Comments’ below.

Overall, the survey showed that females are far more likely to buy an inexpensive and practical car than males, who are much more likely to opt for big, brawny cars. According to the study, the top 10 cars that sold more than 50 percent of the time to women were the Volkswagen New Beetle, Kia Spectra, Nissan Rogue, Volkswagen Eos, Hyundai Entourage, Volvo S40, Jeep Compass, Honda CR-V, Nissan Sentra and the Hyundai Tucson. Surely you saw some of those coming…

Conversely, the list for men was far less practical (excepting pickup trucks, of course) and far faster. It included the Porsche 911, GMC Sierra, Chevrolet Corvette, Chevrolet Silverado, Ford F-Series, BMW M3, Ford Ranger, Toyota Tundra, Dodge Ram and the Audi S5. Well done, men – that’s not a bad lookin’ list right there. Check out more details and commentary in the press release after the break.

Gallery: First Drive: 2010 Lamborghini Gallardo LP570-4 Superleggera

[Source: TrueCar]

Continue reading Study says 7.4% of Lamborghini models purchased by women, and other gender curiosities

Study says 7.4% of Lamborghini models purchased by women, and other gender curiosities originally appeared on Autoblog on Mon, 11 Apr 2011 16:29:00 EST. Please see our terms for use of feeds.

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Report: Chrysler Financial purchased by TD Bank for $6.3B

Filed under: Car Buying, Etc., Chrysler, Earnings/Financials

Toronto Dominion BankToronto Dominion Bank has officially agreed to acquire Chrysler Financial. Cerberus Capital Management, the current owner of the Pentastar’s lending arm, will receive $6.3 billion from TD Bank in the deal. That figure marks a $900 million loss compared to the $7.4 billion that Cerberus paid for Chrysler financial in 2007 as part of the automaker’s takeover. Since then, Cerberus has been forced to hand the reins to the federal government as part of the bailout of 2008, and analysts from The Washington Post and Reuters feel that the capital firm is simply looking to be able to return some of the money that it lost on the Chrysler adventure to investors.

Meanwhile, Toronto-Dominion Bank continues to push its way into the American market. The bank already has 1,300 branches on our shores, and the new acquisition of Chrysler Financial will make the company one of America’s largest auto lenders overnight. TD Bank says that it anticipates auto lending to grow from a $700 billion business right now to over $900 billion in just three short years. With Chrysler’s ever-improving stable of products, if true, that likely means that the bank will see cash start rolling through its doors in a big way. Thanks to everyone for the tips!

[Sources: The Washington Post, Reuters]

Report: Chrysler Financial purchased by TD Bank for $6.3B originally appeared on Autoblog on Wed, 22 Dec 2010 13:59:00 EST. Please see our terms for use of feeds.

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