A Maserati dealer has sued Maserati North America, saying the auto company insisted the dealership misrepresent sales, reporting 2014 vehicle sales as much as quadruple what they actually were, and discriminated against dealers who refused to participate, according to a complaint filed Friday, Aug.
AutoNation’s U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year.
The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set a year ago, a University of Michigan report released today said.
Lincoln's captive finance arm launched a free credit monitoring and identity-theft protection package for all U.S. consumers who finance or lease with the lender. Lincoln Automotive Financial Services introduced the package on July 31.
Leasing has accounted for a quarter of new-vehicle sales for more than a year. That might imply stability, but industry watchers say leasing penetration deserves close monitoring. With new-vehicle prices going up, many consumers lean toward leasing because they cannot afford new vehicles.
“The menu should become a solution to a problem,” said Elgie Bright, automotive marketing and management program chair at Northwood University. “Have the customer select the coverage that offers the best combination of price, length of coverage and protection to meet their needs.
DS Automobiles will launch a crossover-styled version of its DS 4 compact car called the DS 4 Crossback that will debut at the Frankfurt auto show. The car has a higher ride height than the hatchback version and a more rugged styling that includes large wheels and roof bars.
German new-car registrations rose 6 percent in August, slowing from a growth rate of 7 percent in July. Germany joins France, Italy and Spain in reporting increased sales during a normally quiet month.
Mercedes will complete its S-class family with the sixth and final derivative of its flagship sedan next year, when it launches its first top-of-the-line four-seat convertible since 1971. The S-class cabriolet will be “the world's most comfortable convertible,” Mercedes says.
U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.
Land Rover expects its first U.S. diesel vehicles will account for up to 20 percent of sales for the two SUVs powered by the new-generation engines. The Range Rover Td6 and Range Rover Sport Td6 go on sale in October and will cost about $1,500 more than the gasoline V-6 models.
GM's U.S. sales slipped less than 1 percent in August, as the second straight monthly drop in fleet sales offset rising demand from individual buyers. GM sold 270,480 vehicles last month, down 0.7 percent from a year earlier. GM said retail sales rose 6 percent.
Fiat Chrysler has decided to keep making the Jeep Wrangler in Toledo, Ohio, move production of the Jeep Cherokee to a nearby state and build a Jeep pickup. The news comes after 11 months of uncertainty about the fate of Wrangler production in its historic home.
Mercedes-Benz is adding a fourth convertible to its North American lineup: the S class. The German automaker will introduce the car this month at the Frankfurt auto show. Press days are Sept. 15 and 16.
U.S. auto safety regulators now believe about 19.2 million U.S. vehicles are covered by the recalls for Takata airbag inflators that can explode in a crash, 36 percent fewer than were thought earlier this summer to carry the defective parts.
Facing stock market turmoil and an unfriendly calendar, Korean siblings Hyundai and Kia still set monthly U.S. sales records in August on strong demand for crossovers. Hyundai reported selling 72,012 vehicles for the month, a 2.9 percent increase, as Kia claimed 58,897 units sold, up 7.7 percent.
Light vehicle sales in Canada grew 2.2 percent in August to 175,512 vehicles, according to the monthly Desrosiers market snapshot report. Car sales plunged 9 percent during the month to 64,622 vehicles while truck sales surged 10 percent to 110,890 vehicles, Desrosiers said.
Lexus sold the most luxury vehicles in the U.S. in August, riding a wave of demand for its new crossover to a second straight monthly win and narrowing the gap with BMW. Sales rose 2.1 percent from a year earlier to 33,487, including 4,448 of the new $34,480 NX SUV.
Ford Motor Co. had its best retail-sales month since March 2006 in August, selling 183,467 vehicles in the U.S. Ford posted its highest F-series number of the year and gains of at least 20 percent for five crossover and SUV nameplates.
The declines in small and midsize car sales finally caught up to both Toyota and Honda in August. Toyota Motor Sales U.S.A. reported its August sales fell 8.8 percent from a year earlier to 224,381 vehicles, while American Honda Motor Co.'s sales dropped 6.9 percent to 155,491.
Audi of America posted its best August ever, while Volkswagen of America was unable to sustain its brief growth spurt. After posting higher U.S. sales in May, June and July, VW backtracked with an 8.1 percent decline last month.
Bob Pradzinski, the No. 2 sales executive at Hyundai Motor America behind CEO Dave Zuchowski, has left the company, Hyundai said today. There was no immediate word on a successor for that post. Pradzinski, 55, was a 26-year Hyundai veteran.