Sales

Ride-hailing boom will mean decades of slow growth for automakers

Nov. 14, 2017 09:54 CET

Ride-hailing companies like Uber will see demand boom between now and 2040, hobbling global auto sales growth, according to a new study.... Read More »

NICK GIBBS

BLOG: Why Vauxhall is likely to survive despite a steep sales slump

4:56 am U.S. ET | Nov. 13, 2017

PSA's strategy to reduce non-profitable car sales is harming Vauxhall, which saw sales plunge drop 35 percent last month. But reassuring words from PSA CEO Carlos Tavares and the arrival of two new SUVs will likely ensure Vauxhall's survival.... Read More »

Challenges loom for Opel recovery plan

Nov. 13, 2017 09:57 CET

Opel's plan to return to profit has similar goals to PSA's recovery road map. But Opel may have a hard time bouncing back as it faces weak demand in key markets and the high costs of funding new technologies.... Read More »

Nissan softens its targets through '22

12:01 am U.S. ET | Nov. 13, 2017

Nissan CEO Hiroto Saikawa is steering away from the aggressive numerical goals of his predecessor, Carlos Ghosn, and toward more fuzzy ones. In the key U.S. market, the softening of hard targets could spell some relief for dealers.... Read More »

MICHAEL WAYLAND

Chevy should follow Cadillac and go after Tesla

12:01 am U.S. ET | Nov. 13, 2017

Chevy appears to be doing little to nothing to attract the hundreds of thousands of consumers who could wait years for a Tesla Model 3 into a Chevrolet Bolt EV — an actual all-electric car not from "manufacturing Hell."... Read More »

Fleets offer window into EV economics

12:01 am U.S. ET | Nov. 13, 2017

Adding electric power to work vehicles could help pave the way to broader acceptance of plug-in vehicles among the general public.... Read More »

Safety first for next auction group leader

12:01 am U.S. ET | Nov. 13, 2017

NAAA's board is expected to vote on mandatory safety standards for auction members at this month's annual convention, changing how buyers can act in the lane.... Read More »

Demand helps stocks normalize

12:01 am U.S. ET | Nov. 13, 2017

Storm replacement sales in September and October helped automakers trim inventory to normal levels for the first time since winter.... Read More »

Toyota’s profits rise despite a softer U.S.

12:01 am U.S. ET | Nov. 13, 2017

Toyota sounded the alarm about deteriorating conditions in the U.S. even as it logged increased quarterly profits and lifted its full-year earnings outlook.... Read More »

Sliding wholesale hurts at Subaru

12:01 am U.S. ET | Nov. 13, 2017

Subaru is on pace for a ninth-straight year of record retail sales in the U.S., but sliding wholesale volume is denting the Japanese company's profitability.... Read More »

PSA CEO defends Vauxhall but says Brexit adds pressure on UK plants

Nov. 10, 2017 09:37 CET

PSA CEO Carlos Tavares defended the Vauxhall brand against suggestions that it should be axed but said the UK factories acquired by PSA as part of its deal for GM's European operations need to make a leap in competitiveness to offset the potential risks posed by Brexit.... Read More »

LUCA CIFERRI

BLOG: Without PSA tech, Opel could have been killed by EU CO2 fines

6:08 am U.S. ET | Nov. 10, 2017

The EU's target to reduce CO2 emissions from new-car fleets to a 95 gram per km average by 2020-2021 might have been the kiss of death for Opel/Vauxhall if PSA hadn't stepped in.... Read More »

PSA fails to benefit from Chinese love of French brands, seeks reboot with SUVs

Nov. 10, 2017 06:01 CET

PSA is betting that bigger, better vehicles -- such as the DS7 Crossback SUV and Citroen C5 Aircross -- will bolster margins and improve China sales, which fell by almost half in the first nine months.... Read More »

OCTOBER SALES

Ford, Nissan among winners as Russia sales rise 17%

Nov. 10, 2017 11:13 CET

Ford and Nissan had big jumps in new-car sales in a Russian market where overall volume increased 17 percent.... Read More »

Jaguar Land Rover boosts Tata's quarterly profit

Nov. 9, 2017 10:59 CET

Jaguar Land Rover, which helped propel Indian parent Tata Motors to its biggest profit jump in six quarters, will roll out more products next year to boost sales and profit as demand slows in key markets.... Read More »

Auto industry blasts new EU emissions targets

Nov. 9, 2017 06:01 CET

Automakers called the European Union's 2030 target for a 30 percent reduction in CO2 emissions ambitious and aggressive.... Read More »

BMW, Mercedes, Porsche face fines over breach of S. Korea emissions rules

Nov. 9, 2017 11:52 CET

South Korea plans to impose a combined fine of 70.3 billion won ($63.1 million) on BMW, Mercedes and Porsche, citing violation of emissions rules.... Read More »

VW names agency exec Zabel to head U.S. marketing

4:35 pm U.S. ET | Nov. 8, 2017

Volkswagen of America named a California advertising agency executive as vice president of marketing. Jim Zabel, managing director of Omni Advertising in Los Angeles and a former account manager for the Hyundai and Honda brands, will start Nov. 27.... Read More »

Opel turnaround plan will seek to end years of losses under GM

Nov. 8, 2017 14:40 CET

Opel's first business plan under its new French owners, PSA, will set out how the German automaker will reach profitability that has eluded the former GM division since 1999.... Read More »

EU to set 30% CO2 reduction target for automakers, push EV sales with credits

Nov. 8, 2017 09:43 CET

The European Commission is proposing a 30 percent CO2 emissions reduction target for new cars by 2030 with credits for zero- and low-emissions vehicles.... Read More »

Ally provides $2 billion in financing to Carvana

4:00 pm U.S. ET | Nov. 7, 2017

Ally Financial is tripling its bet on one of the auto industry's disrupters by committing $2 billion to finance retail contracts for online used-vehicle retailer Carvana over the next year.... Read More »

Expansion costs drag down Carvana's Q3 net

9:13 pm U.S. ET | Nov. 7, 2017

Carvana more than doubled revenue and unit sales in the third quarter but losses mounted as the newly public used-vehicle retailer continued its national rollout.... Read More »

Citroen seeks boost for C4 Cactus by ditching quirky styling

Nov. 7, 2017 06:01 CET

Citroen has given its C4 Cactus a more conventional hatchback styling, taking the car once billed as "quirky" away from its crossover roots and aiming it at the likes of the Volkswagen Golf, Renault Megane and Opel Astra.... Read More »

Toyota quarterly profit rises 10% as currency gains offset weaker U.S. business

Nov. 7, 2017 09:49 CET

Toyota's quarterly operating profit rose 10 percent as gains from favorable foreign exchange rates offset weakening business in the U.S. market, where rising incentives and falling wholesale volume dented regional profitability.... Read More »

BMW hires law firm to help probe into cartel allegations

Nov. 7, 2017 11:59 CET

BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.... Read More »

 
Bentley Bentayga's autonomous tech tops Audi's

Nick Gibbs
9:46 am U.S. ET | Nov. 16 2017

image
Driving the Bentley Bentayga shows just how sophisticated self-driving technology has become as its ...
 Read More ›

French tech company NAWA sees ultracapacitor battery breakthrough

Nick Gibbs
5:53 am U.S. ET | Nov. 14 2017

image
French tech company NAWA believes it has found a way to boost the power of ultracapacitor batteries ...
 Read More ›

Why Vauxhall is likely to survive despite a steep sales slump

Nick Gibbs
4:56 am U.S. ET | Nov. 13 2017

image
PSA's strategy to reduce non-profitable car sales is harming Vauxhall, which saw sales plunge drop 3 ...
 Read More ›

Volvo's subscription plan could be a boon for dealers too

Luca Ciferri
12:01 am U.S. ET | Nov. 12 2017

image
Volvo seems to have found a new way to get its vehicles into the hands of customers that is digital, ...
 Read More ›

Without PSA tech, Opel could have been killed by EU CO2 fines

Luca Ciferri
6:08 am U.S. ET | Nov. 10 2017

image
The EU's target to reduce CO2 emissions from new-car fleets to a 95 gram per km average by 2020-2021 might have been the kiss of death for Opel/Vauxhall if PSA hadn't stepped. ...
 Read More ›

Europe's automakers score a win with new CO2 targets

Christiaan Hetzner
4:36 am U.S. ET | Nov. 9 2017

image
Outwardly Europe's carmakers are complaining about the EU's proposed fleet emission targets through ...
 Read More ›

Car rejection claims 'totally false,' Seat CEO says

Douglas A. Bolduc
12:01 am U.S. ET | Nov. 9 2017

image
Seat CEO Luca de Meo says claims that a growing number of people are rejecting car ownership are "to ...
 Read More ›

PSA's Opel purchase leaves Citroen odd man out

Peter Sigal
12:01 am U.S. ET | Nov. 1 2017

image
PSA's purchase of Opel means the automaker now has three mass-market European brands. This could be ...
 Read More ›

VW brand's profit margin goal is too easy

Christiaan Hetzner
6:28 am U.S. ET | Oct. 30 2017

image
VW brand's turnaround plan is not even a year old and yet next month the brand's CEO, Herbert Diess, ...
 Read More ›

Toyota is not seeking No. 1 status; still cautious on EVs

Luca Ciferri
4:03 am U.S. ET | Oct. 26 2017

image
Toyota Executive Vice President Didier Leroy showed a much bolder Toyota at the Tokyo auto show with ...
 Read More ›

Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
image
Ford, Nissan among winners as Russia sales rise 17%
Ford and Nissan had big jumps in new-car sales in a Russian market where overall volume increased 17 ...
 Read More ›
image
UK sales slump 12% in Oct. in 7th monthly decline
UK registrations in October fell by 12 percent, marking a seventh consecutive month of decline. Vaux ...
 Read More ›
image
Spanish sales rise 14% in Oct. despite political tensions over Catalonia
Spain's new-car sales increased 14 percent in October even as tensions over Catalonia's bid to gain ...
 Read More ›
image
Italy's record month benefits French brands, Toyota but FCA sales decline
French brands were among the winners in an Italian market that had a record month for new-car sales ...
 Read More ›
image
German market's 4% growth helps Peugeot, Citroen but Opel drops back
PSA's mainstream brands, Peugeot and Citroen, powered ahead in a German market up nearly 4 percent l ...
 Read More ›
image
French sales jump 14% with Nissan, Toyota among winners
French new-car sales rose 14 percent in October, with Nissan and Toyota among the winners. ...
 Read More ›
image
Europe sales drop 2% as Brexit concerns hit UK demand
European new-car sales fell 2 percent in September as concerns about Brexit among UK consumers offse ...
 Read More ›
image
Ford, Kia among winners as Russia sales rose 18% in Sept.
Russia's car market is expected to grow by 11 percent this year after sales rose 18 percent last mon ...
 Read More ›
image
German sales fall 3% in Sept. on diesel worries
German new-car sales fell 3.3 percent in September as uncertainty over the future of diesel-powered ...
 Read More ›
image
Germany's 2017 sales to beat expectations, group says
Germany's new-car sales will be stronger than expected this year, helped by incentives for older die ...
 Read More ›
image
Premium midsize SUVs overtake sedans, wagons in key European segment
Last year for the first time premium SUV models such as the Volvo XC60, Audi Q5 and BMW X3 were more ...
 Read More ›
image
Renault, Mercedes, Fiat give new life to pickup segment
Renault, Fiat, Mercedes, and soon PSA, are all launching pickup trucks to take on market leader Ford ...
 Read More ›
image
Automakers add more tech to subcompact cars to boost margins
New models, increased technology and a strong focus on personalization are helping volume automakers ...
 Read More ›
image
Small SUVs in focus as Citroen, Hyundai, Kia and Seat ready challengers
Europe's small SUV segment is about to get a lot more crowded as automakers including VW, Hyundai, K ...
 Read More ›
image
EVs are Europe's fastest growing segment
The EV segment was Europe's fastest growing sector in the first half as sales jumped 56 percent. ...
 Read More ›
image
Mercedes, Mini, help reverse Europe's cabriolet slump
Europe's premium convertible segment is on the rise as new models from Mercedes, Mini and Porsche he ...
 Read More ›
image
SUVs will continue to dominate in Europe
Surging demand for SUVs and crossovers in Europe shows no signs of slowing. Analysts predict the bod ...
 Read More ›
Peugeot, Ford, Renault lead in high-margin sales to private customers
The Peugeot, Ford and Renault brands were Europe's first-quarter leaders in a key part of the retail business: sales to private customers. ...
 Read More ›
image
European minicar sales forecast to dip this year, remain steady until 2020
Automakers are increasing technology levels in Europe's minicar segment to maintain consumer interes ...
 Read More ›
image
Europe's compact minivan sales forecast to see steady decline
Europe's compact minivan segment is forecast to continually decline until 2020 because of rising dem ...
 Read More ›
image
Kia promotes Russia chief to Europe president
Kia veteran Yong Kew Park, who oversaw the brand's rise to the No. 2 in spot in Russia, has been app ...
 Read More ›
image
VW Group Canada names new CEO
VW Group said Daniel Weissland will take over its Canada operations. He succeeds Maria Stenstrom, wh ...
 Read More ›
image
Tesla's head of battery engineering leaves
Tesla's director of battery engineering, Jon Wagner, has left the electric carmaker and is launching a battery and powertrain startup in California. ...
 Read More ›
image
VW brand appoints new Europe sales chief
VW brand has appointed Manfred Kantner as head of sales in Europe. ...
 Read More ›
image
Hyundai recruits another BMW engineer for Genesis
Hyundai has recruited BMW engineer Fayez Abdul Rahman to lead architecture development at Genesis an ...
 Read More ›
image
BMW recruits Audi exec to head brand management
BMW has appointed former Audi manager Sven Schuwirth as head of brand's product management and marke ...
 Read More ›
image
Ford names new manufacturing boss for Europe; veteran exec Odell to retire
Ford named a new manufacturing boss and a new head of joint ventures and alliances in Europe as part ...
 Read More ›
image
Kia hires PSA designer to lead China styling team
Kia has hired veteran designer Oleg Son from PSA to be the Korean brand's design chief in China. Ole ...
 Read More ›
image
Infiniti appoints French exec Meunier as global sales chief
Nissan's Infiniti appointed company veteran Christian Meunier to the newly created role of head of g ...
 Read More ›
image
Renault touts Alaskan's comfort features
Renault is seeking to capture a share of Europe's small-but-growing pickup segment with the Alaskan, ...
 Read More ›
image
Mercedes pickup aims to mimic success of brand's SUVs
Daimler hopes the Mercedes X class will be a game-changer for its light commercial vehicles division ...
 Read More ›
image
Opel Grandland X plugs key gap in SUV lineup
Opel's Grandland X crossover is expected to give the automaker a strong foothold in Europe's popular ...
 Read More ›
image
Why Kia sees Stonic as groundbreaker
Kia sees the new Stonic as its best opportunity to date to conquer those European customers who rema ...
 Read More ›
image
'Chic' VW Polo targets younger buyers
VW is repositioning the Polo subcompact to appeal to younger buyers, abandoning an approach in which ...
 Read More ›
image
Renault moves Koleos upscale for Europe
Renault is counting on high-end features to make its new Koleos SUV more successful in Europe than t ...
 Read More ›
image
Ford expands Fiesta family
Ford expects buyers of its new Fiesta subcompact to fall into two categories – previous Fiesta ...
 Read More ›
image
Mazda makes CX-5 an even better drive
Mazda hopes to boost demand for its CX-5, the brand's top-selling model in Europe, with a new genera ...
 Read More ›
image
Kia Picanto adds tech but stays small
Kia has bucked the trend that cars grow larger with every new generation by increasing the new Pican ...
 Read More ›
image
Volvo seeks to match XC60's magic
Volvo hopes that by making its new XC60 bigger, safer and more technologically advanced it will be a ...
 Read More ›
image
Suppliers to the new Aston Martin DB11
Assembly of the all-new Aston Martin DB11 began in May 2016 in at the supercar maker's plant in Gayd ...
 Read More ›
image
Suppliers to the new Audi Q2
Assembly of the all-new Audi Q2 began in July 2016 at Audi's plant in Ingolstadt, Germany. ...
 Read More ›
image
Suppliers to the new Peugeot 3008
Assembly of the second-generation Peugeot 3008 began in June 2016 at PSA's factory in Sochaux, Franc ...
 Read More ›
image
Suppliers to the new Alfa Stelvio
Assembly of the first-generation Alfa Romeo Stelvio began in January at the automaker's factory in C ...
 Read More ›
image
Suppliers to the new Opel Ampera-e
Assembly of the all-new Opel Ampera-e full-electric car began in October 2016 at parent General Moto ...
 Read More ›
image
Suppliers to the new BMW 5 series
Assembly of the seventh-generation BMW 5 series began in November 2016 at the automaker's factory in ...
 Read More ›