BMW sales surged 39 percent in December, powered by the 5-series car line, helping it top Mercedes-Benz in luxury-brand sales in the United States for the second consecutive year. Sales for BMW increased to 37,399 vehicles last month, boosted by a 72 percent gain for its mid-sized 5 series.
Mazda set the starting price of the redesigned 2014 Mazda6 mid-sized sedan at $21,675, including shipping, making it one of the least expensive family sedans in the U.S. market. The base price represents an increase of $155 over the 2013 model.
Ford has sold 239 acres at a former assembly plant in suburban Detroit to Trident Barrow Management, a unit of Barrow Development of New York. The sprawling plant located northwest of Detroit in Wixom, Mich., opened in 1957 and closed in 2007.
The average fuel economy of new vehicles sold in 2012 rose to 23.8 mpg, University of Michigan researchers said today, up from 22.5 mpg in 2011 and the highest since the researchers began tracking full-year data in 2008.
Automakers in China are bracing for another year of tepid single-digit growth in 2013, weighed down by sluggish demand for Japanese cars amid a diplomatic row between the two regional neighbors and government measures intended to restrict traffic in bigger cities.