U.S. auto sales, led by Toyota, Kia, American Honda and Volkswagen, rose 13 percent to 1.19 million last month as the annualized pace of sales accelerated to 14.9 million -- the highest rate since March 2008.
General Motors' Chevrolet Volt widened its lead as the top-selling U.S. rechargeable car this year and Toyota Motor Corp. expanded plug-in Prius deliveries as Nissan said it's working to boost electric Leaf sales.
Traffic deaths in the United States rose 9 percent in the first half of 2012 compared with the same period last year, breaking a 5-year downward trend, according to preliminary data that experts cannot yet explain.
It seems silly to get picky about a U.S. auto sales year that is running 15 percent ahead of 2011. But here I am. Maybe the red-hot first quarter spoiled me, but 2012 has felt like it has been stuck in a rut since then.
GM said today its Canadian sales surged 11.6 percent to 18,756 vehicles in September. Ford's Canadian sales dropped 8 percent during the month from a year earlier, while Chrysler Canada said its sales rose 2 percent, its best September since 2000.
Tight inventories of Versa sedans and certain trim packages of the redesigned Altima contributed to a September decline of 2 percent for the Nissan Division. Overall Nissan North America sales fell 1 percent for the month, as the Infiniti luxury unit gained 11 percent.
U.S. auto sales got hot in September with a 13 percent gain that unexpectedly pushed the monthly selling pace higher than for any month since the industry's 2008 collapse. Sales totaled 1,188,899 light vehicles for the month, almost 100,000 more than most forecasters had expected.
GM posted a 2 percent sales increase in September as strong car sales offset sliding demand for pickups and SUVs. Overall, GM sold 210,245 light vehicles last month. The Buick brand posted the strongest gain, 8 percent vs.
Daimler AG's Mercedes-Benz, after a 7 percent sales gain in September, extended its lead over BMW to 5,221 units after nine months in the race to be the top-selling luxury auto brand in the United States.
Supplier Cooper-Standard Holdings is hiring Johnson Controls executive Jeffrey Edwards as its new president and CEO. Edwards will succeed longtime Cooper-Standard executive James McElya, effective Oct. 15.
Strong sales of small and mid-sized cars propelled Chrysler Group to its best September since 2007 and its 30th consecutive month of year-over-year sales gains. The automaker sold 142,041 units last month, up 12 percent from September 2011.
Walking past a local Chevrolet dealership a few weeks ago, I couldn’t help notice a 2009 blue Saab 9-3 sedan sitting front and center on the used-car lot. The sedan had 26,000 miles on it and a price tag of about $19,000.
General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon... » Watch the Video