Restated FCA sales show some big swings

A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.


Carvana brings online used-car sales to Detroit

Online used-vehicle retailer Carvana is opening up shop in Detroit, its 32nd U.S. market, vowing to relieve consumers of the need to spend time at dealerships.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.

MORE SALES NEWS MARKETING USED CARS
Giving in to Demon temptation

Some, but not all, Dodge dealers are seeking market adjustments that would nearly double the price for the limited-edition drag racer.

Led by GM, inventories near records

Of the U.S. industry's total inventory growth of 354,200 units in the past year, General Motors has added 272,700 units. All other carmakers added 81,500, up 2.6 percent.

You call this a slump?

For many automakers, the fact that consumers are snapping up high-margin SUVs and crossovers instead of less-expensive sedans has been a boon.

NADA unfazed by high incentive levels

Targeted incentives likely will continue rising this year as lease returns and lack of consumer demand pressure sedan pricing, NADA's chief economist forecasts.

Automakers, auctions align to prop up used-car prices

Facing a glut of off-lease cars but armed with detailed, real-time pricing data that was not available during the last downturn, auctioneers can now help automakers and dealers figure out where a used vehicle can fetch the best price.

Newsletters