Sales
MAY U.S. AUTO SALES
U.S. auto sales will bounce back this month, forecasters say
11:55 am U.S. ET | May 23, 2013
May auto sales in the United States are expected to rebound from an April slowdown, easing concerns of another spring swoon, forecasters said. The light-vehicle seasonally adjusted annual selling rate for this month will be 15.2 million, both LMC Automotive/JD Power and Associates and TrueCar.com predicted today.... Read More » Comments [0] | Recommendations [0]
NY court bedevils Nissan's taxi deal
2:17 pm U.S. ET | May 23, 2013
Five months before Nissan is to begin rolling its yellow taxis onto the streets of New York City, the state's supreme court has ruled one element of the deal "null, void and unenforceable."... Read More »| Related topics: | U.S. Monthly Sales | Surveys and Studies | Product and Design | Dealer Groups and Dealerships | New Product | Future Product | Green Car |
GM prices Chevy Spark EV below $20,000 after tax credits
12:01 am U.S. ET | May 23, 2013
GM will price its new Chevrolet Spark electric vehicle at $27,495, including destination charges and before federal tax credits, placing it among the cheapest EVs on the market.... Read More »Experian vehicle history reports to appear in AutoTrader.com starting in September
3:46 pm U.S. ET | May 23, 2013
Starting in September, dealers will be allowed to post used vehicles on AutoTrader.com with Experian Automotive's AutoCheck vehicle history reports in addition to reports from Carfax.... Read More »Porsche to keep U.S. ad account with Cramer-Krasselt
7:16 pm U.S. ET | May 20, 2013
Porsche, after a six-month review of advertising agencies, has opted to keep its creative advertising account for the United States parked at Cramer-Krasselt, the incumbent agency that has held the account since 2007.... Read More »European car sales post 1st gain in 19 months
5:19 am U.S. ET | May 17, 2013
European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Still, the European auto market is at a two-decade low, and industry executives are forecasting a drop of about 5 percent for 2013 amid a recession in the 17-nation euro zone.... Read More »MARK RECHTIN
The death of driving? Don't make any funeral plans
11:29 am U.S. ET | May 17, 2013
You know that study that just came out declaring “the end of the driving boom,” because Gen Y supposedly doesn't care about cars? Ignore it.... Read More »Audi shifting to high-performance models to propel sales
4:34 am U.S. ET | May 16, 2013
Audi is counting on bigger sales of high-performance cars like the RS5, as well as the new version of the A3 compact, to propel volume this year amid intensifying economic headwinds.... Read More »Americans, especially young, continue to drive less, report says
5:36 pm U.S. ET | May 14, 2013
Americans, in a worrisome sign for automakers, continue to drive less, with more and more younger people choosing to forgo a driver's license altogether, a major new study released Tuesday found.... Read More »U.S. used-vehicle sales drop 6% in first quarter
4:04 pm U.S. ET | May 14, 2013
Industry-wide used-vehicle sales dropped 6 percent in the first quarter of 2013 compared to the same quarter last year, according to Edmunds.com's new Used Market Quarterly Report.... Read More »GM CFO: Cadillac won't chase 'volume at all costs'
5:45 pm U.S. ET | May 13, 2013
General Motors CFO Dan Ammann says Cadillac will steer clear of what he sees as a "volume-at-all-costs mentality" among competitors battling for the luxury sales crown.... Read More »Hyundai-Kia boosts fleet sales, stops 2-month skid
12:01 am U.S. ET | May 13, 2013
A 67 percent increase in fleet sales helped Hyundai-Kia Automotive end a two-month streak of declining U.S. sales in April, making up for a 6 percent decline in retail volume. In contrast, overall fleet sales for the seven largest automakers rose just 3 percent.... Read More »Sales Data
Inventory
Ghosn's demand: Double Nissan's U.S. sales
12:01 am U.S. ET | May 12, 2013
Meager U.S. growth was Carlos Ghosn's biggest disappointment last year, and Nissan's CEO has responded by giving his team a big order: Double the brand's sales by 2017.... Read More »Nissan Q4 profit jumps 46%, sees sales rising this year
4:54 am U.S. ET | May 10, 2013
Nissan today reported a 46.1 percent rise in its quarterly net profit to 110 billion yen ($1.11 billion). The automaker forecasts global retail sales will rise to 5.3 million vehicles in the current business year that ends in 2014, up from 4.9 million last year.... Read More »Ferrari will reduce supercar sales to maintain brand exclusivity
9:49 am U.S. ET | May 8, 2013
Ferrari plans to reduce sales to fewer than 7,000 vehicles this year to maintain the exclusivity of the brand. Ferrari plans to boost profitability with high-end, customized version of its vehicles while holding back on their availability.... Read More »GM China April sales rise 15% as Toyota struggles
6:19 am U.S. ET | May 6, 2013
General Motors reported sales growth in China accelerated last month while Toyota's sales continued to lag. GM sales climbed 15 percent to 261,870 units in April, according to figures released today by the carmaker. Toyota reported sales fell 6.5 percent to 76,400 units, the ninth drop in 10 months.... Read More »CARRYING THE LOAD
Surge in high-profit pickups, SUVs made April big for Detroit
12:01 am U.S. ET | May 6, 2013
April's auto sales rate was the lowest since October, but the parade of high-margin pickups and SUVs rolling off dealership lots gave the Detroit 3 double-digit increases for the month, hefty profits and a spike in market share.... Read More »Tesla hikes guaranteed residual value on Model S
4:16 pm U.S. ET | May 3, 2013
Tesla increased the guaranteed residual value of its electric Model S sedan to 50 percent after its lease-to-own period of three years. The car's guaranteed residual value had been tied to that of the Mercedes-Benz S class, which, at 43 percent after 36 months, is relatively low compared with the overall luxury segment.... Read More »ADESA parent KAR's Q1 profit rose 12% to $29 million
10:09 am U.S. ET | May 2, 2013
KAR Auction Services, parent company of vehicle-auction company ADESA, said its first-quarter net income rose 12 percent to $29 million on a 10 percent increase in revenue, to $558 million.... Read More »
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Special Report
 Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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