Sales

BMW results lifted by HERE after Intel buys stake

April 20, 2017 13:19 CET

BMW reported a 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel drove up the value of its stake in mapping service HERE. BMW also cited higher contributions from its Chinese joint venture as a boost to its earnings.... Read More »

2017 SHANGHAI AUTO SHOW

China's luxury market to grow to 3M a year, Audi, Mercedes predict

April 20, 2017 09:44 CET

China's premium market will grow to about three million cars a year, Audi and Mercedes executives predicted. Audi is China's best-selling luxury brand but is losing ground to Mercedes.... Read More »

FCA, Ford and Renault gain share as European sales rise 11%

April 19, 2017 09:44 CET

European sales rose 11 percent in March as automakers took advantage of a solid economy and more selling days to lure additional buyers. Fiat Chrysler, Ford and Renault were among the automakers that gained market share at the expense of regional leader VW Group and No. 2 PSA.... Read More »

KAR to buy data provider DRIVIN for $43 million

7:40 am U.S. ET | April 19, 2017

KAR Auction Services will acquire DRIVIN, which aggregates automotive retail, pricing, registration and economic data to match vehicle inventory to dealer demand.... Read More »

VW aims to meet tough China green car quotas with big EV push

April 18, 2017 09:32 CET

VW Group aims to meet tough quotas in China for selling more green cars on its own and will not resort to purchasing credits from competitors. Under draft rules released in September, automakers must generate or buy credits equivalent to 8 percent of their overall sales by 2018.... Read More »

Chinese automakers SAIC, Geely turn up heat on global rivals

2:03 pm U.S. ET | April 17, 2017

Global automakers face fresh threats in China from domestic automakers SAIC and Geely, which are launching new models and marketing strategies to challenge better-known foreign brands.... Read More »

VIDEO: First Shift: No shame in Nissan's fleet game

8:30 am U.S. ET | April 17, 2017

For Nissan, no shame in fleet game; Ford extends Shelby GT350s another year; Lynk & CO shows concept car, production-ready crossover; Automakers, dealers decry proposed border tax.... Read More »

Inventory soars as GM builds cache before retooling

12:01 am U.S. ET | April 17, 2017

Automakers and dealers started April with near-record stocks of unsold new vehicles, but much of the surplus may stem from General Motors bulking up to prepare for factory shutdowns.... Read More »

Nissan OK with rising fleet sales

12:01 am U.S. ET | April 17, 2017

As other automakers shun the daily rental business, Nissan sees an opportunity. "The dollars we get are relevant, so we're going to continue to be there, even if other companies don't want to," says Nissan North America Chairman Jose Munoz.... Read More »

GM retooling plan signals pickups' launch

12:01 am U.S. ET | April 17, 2017

General Motors has nearly 100 days' worth of inventory right now but plans to get that down to about 70 by the end of the year, in part by taking some of its plants offline for 10 weeks in the summer and fall.... Read More »

EDITORIAL

It’s time to refocus incentives

12:01 am U.S. ET | April 17, 2017

Dealer-factory relations have always been uneasy in the auto industry, but a relentless fixation on new-vehicle volumes is creating fresh tensions.... Read More »

How Volvo defied the odds

12:01 am U.S. ET | April 17, 2017

Volvo's recent success can be attributed to smart decisions, a tactfully handled sale by Ford, seductive vehicle design and an advantageous introduction to the world's largest car market, China.... Read More »

KEITH CRAIN

Watch out for off-lease cars

12:01 am U.S. ET | April 17, 2017

We are flooding the market with low-mileage used vehicles with warranties that could throw a monkey wrench into the new-car marketplace.... Read More »

Porsche uses 'soft sell' approach to win sales

April 16, 2017 06:01 CET

Porsche is expanding its global dealership network with a showroom format that abandons normal markers of corporate identity for a "soft sell" approach. The first store has just opened in Germany, with others to follow in China, the U.S. and the Middle East.... Read More »

Mood in New York: Cautious optimism

12:01 am U.S. ET | April 16, 2017

Auto executives are cautiously optimistic about sales in 2017. But that doesn't mean solid if unspectacular gains; it means flat - or even down slightly from record levels.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Europe's small SUV sales forecast to top 2 million next year

April 15, 2017 06:01 CET

Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecomers such as Volkswagen, Hyundai and Kia expand the sector above 2 million sales in 2018 and to 2.3 million by 2020.... Read More »

VOLVO AT 90

Volvo enters 10th decade on a record-breaking high

April 14, 2017 06:01 CET

Anders Gustafsson sees Volvo's 90th birthday from the most unique perspective of anyone on the company's executive management team. Gustafsson's family has been selling the brand for the last 45 years through its company, Bildeve, the oldest Volvo Cars dealership in southern Sweden.... Read More »

VOLVO AT 90

Seafood, safety synonymous with Volvo's first 90 years

April 14, 2017 06:01 CET

While Volvo celebrates the 90th anniversary of the arrival of its first model this month, the company's story actually started in August 1924 because of the founders' shared love of crayfish, according to the company archives.... Read More »

2017 SHANGHAI AUTO SHOW

Citroen expands crossover offensive with C5 Aircross

April 13, 2017 09:58 CET

Citroen aims to capture more sales in the booming SUV/crossover segment in Europe and China with the C5 Aircross, which will go on sale in China in the second half and in Europe at the end of next year.... Read More »

Ford ends Focus EV production in Europe

April 12, 2017 11:12 CET

Ford has ended European seris production of the full-electric Focus as it shifts its strategy for low-emissions vehicles to hybrid delivery vans.... Read More »

VW brand sales rose 2.5% in March but are down for first quarter

April 12, 2017 11:03 CET

Volkswagen brand's global sales rose 2.5 percent in March but slid 1.3 percent in the first three months as slow sales in China and western Europe offset recovering demand in North and South America.... Read More »

CarMax hikes loan-loss provisions

12:15 pm U.S. ET | April 12, 2017

CarMax raised its provision for loan losses 50 percent in the quarter ended Feb. 28 but cautioned against reading too much into the increase.... Read More »

EU clears Lear's takeover of Grupo Antolin's car-seat business

April 12, 2017 14:16 CET

European Union regulators cleared U.S. supplier Lear's takeover of the seats and metals business of Spain's Grupo Antolin, saying it would still face sufficient competition.... Read More »

Toyota's Carter: As U.S. peaks, spiffs 'higher than we've ever experienced'

6:45 am U.S. ET | April 12, 2017

The U.S. auto market has peaked and will shrink this year, with manufacturers using unprecedented incentives to support passenger cars through slumping demand, Toyota's U.S. sales chief said.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Gestamp predicts big gains as automakers outsource more stamping

April 12, 2017 06:01 CET

Gestamp is on a global expansion push that includes catering to automakers outsourcing more metal stamping work as they invest heavily in new technology such as connectivity and autonomous driving. Company CEO, Francisco Riberas, discussed this and other topics with Automotive News Europe.... Read More »

 
Volvo exec says risk factor for XC60 exceeds XC90

Douglas A. Bolduc
5:09 am U.S. ET | April 27 2017

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Volvo's r&d boss says the new XC60 is even more of a high-risk model than the second-generation XC90 ...
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Germany's auto industry welcomes prospect of Macron presidency in France

Christiaan Hetzner
8:34 am U.S. ET | April 24 2017

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Sunday's election outcome in France, in which a moderate Europhile investment banker won the first r ...
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China lands Chevy Volt in a Buick wrapper

Jay Ramey
8:14 am U.S. ET | April 20 2017 UPDATED: 4/20/17 2:27 pm ET - adds details

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Buick offers far more models in China than it does in the U.S. ...
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Tavares' tall task for PSA and Opel: brand management

Luca Ciferri
12:01 am U.S. ET | April 7 2017

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The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition... ...
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After record high, UK's 'treasure island' status is set to end

Nick Gibbs
4:32 am U.S. ET | April 6 2017

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After March new-car registrations hit an all-time high in the UK, analysts predict an end to the market's long run as a "treasure island" for profits. ...
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Volvo CEO keeps his hiring promise

Douglas A. Bolduc
12:01 am U.S. ET | April 5 2017

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Volvo CEO Hakan Samuelsson promised to make the automaker “younger, more diverse and more international.” He achieved all three with his latest hiring. ...
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Will the quality ghosts of British Leyland haunt Tesla?

Richard Truett
11:28 am U.S. ET | April 4 2017

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Tesla's plan to skimp on testing the Model 3 in real-world driving is fraught with danger. British L ...
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Piech's problem: his 'small-minded' family


5:29 am U.S. ET | April 4 2017

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Ferdinand Piech's decision to sell his stake in his family's holding company that owns a majority st ...
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Tavares has the tools to make PSA-Opel a success

Peter Sigal
12:01 am U.S. ET | April 4 2017

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PSA's pending acquisition of Opel/Vauxhall has all the makings of a prime-time TV drama. ...
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Volvo dealers get crash course on conquests

Douglas A. Bolduc
12:01 am U.S. ET | March 31 2017

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Volvo's head of Europe says that his dealers have had to get used to something new: knowing how to cash in on conquest sales. ...
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Newsletters & Alerts
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FCA, Ford and Renault gain share as European sales rise 11%
European sales rose 11 percent in March as automakers took advantage of a solid economy and more sel ...
 Read More ›
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VW brand sales rose 2.5% in March but are down for first quarter
Volkswagen brand's global sales rose 2.5 percent in March but slid 1. ...
 Read More ›
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Lada, Kia and Renault see big gains as Russia sales rise nearly 10%
New-car sales in Russia rose 9.4 percent last month as the market's rebound begins to gain momentum. ...
 Read More ›
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UK sales rise 8% in record monthly high
UK new-car registrations rose 8.4 percent to a record monthly high in March as customers brought for ...
 Read More ›
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Spanish market returns to growth
Spanish new-car sales rose 13 percent in March, restarting a positive trend after a flat February. ...
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German sales rise 11% in March as diesel share declines
New-car sales in Germany increased by 11 percent in March, helped by two extra selling days. Diesel ...
 Read More ›
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Italian market continued to rebound in March
New-car registrations in Italy rose by 18 percent last month, partly due to one more working day tha ...
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French car sales rise 7% in March on extra selling day
French car sales rose 7 percent in March, helped by an extra selling day. ...
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European sales rise 2% amid political uncertainty
New-car registrations rose 2 percent in Europe last month even though major brands such as VW, Opel ...
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W. European sales edge up in February
Western European car sales rose nearly 1 percent in February as demand slowed in key markets. ...
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Europe's small SUV sales forecast to top 2 million next year
Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecom ...
 Read More ›
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
 Read More ›
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Former GM chief Wagoner joins ChargePoint board
Former GM chief Rick Wagoner, who introduced the Chevrolet Volt plug-in hybrid during his last year ...
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Bentley Americas chief Winkler to step down
Bentley's Americas chief Michael Winkler will step down from his post on June 1. Mark Del Rosso, Aud ...
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Volvo recruits former BMW, GM exec to lead procurement
Volvo has lured former BMW and General Motors purchasing executive Martina Buchhauser to take a newl ...
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VW recruits Daimler exec as chief compliance officer
VW Group has named Daimler executive Kurt Michels as its chief compliance officer. Michels previously worked in the same position at Daimler's trucks, vans and buses division. ...
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Audi's new development boss will start earlier than expected
Former Volvo executive Peter Mertens will become Audi's development chief earlier than anticipated, ...
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Nissan appoints EV expert as new tech boss for Europe
Nissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. ...
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Nissan Europe promotes French exec to sales and marketing chief
Nissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his c ...
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Infiniti names former BMW exec Habib as design chief
Infiniti, Nissan's premium brand, named Karim Habib, former global design chief for BMW, as the bran ...
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Nissan's Nakamura retires as design team is shuffled
Shiro Nakamura, who penned some of Nissan's most daring and memorable cars, will retire after 17 yea ...
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GM, Honda name top management for fuel cell venture
GM and Honda named the top managers that will oversee their newly formed Fuel Cell System Manufactur ...
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Mercedes makes E-class coupe more practical
Mercedes is repositioning its E-class coupe to offer more room and more functionality, promoting the ...
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Kia gives Rio better tech to challenge European rivals
Kia has added driver assistance systems not typical in small cars as well as upgraded connectivity i ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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Suppliers to the new Jaguar F-Pace
Assembly of Jaguar's all-new F-Pace began at parent Jaguar Land Rover's facility at Solihull, Englan ...
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