Sales

Setting the stage for a 'huge' December

5:30 pm U.S. ET | Dec. 2, 2014
Timely automaker Black Friday promotions and a strong economy drove U.S. auto sales higher in November. Look for more of the same this month.... Read More »

 

NOVEMBER U.S. AUTO SALES

Light trucks, holiday discounts drive volume up 5%

8:00 am U.S. ET | Dec. 2, 2014
Spurred by a 20 percent gain at Chrysler Group and aided by Black Friday discounts and light-truck demand, U.S. light-vehicle sales jumped 5 percent last month, pushing the annualized pace of deliveries above 17 million for the second time this year. The seasonally adjusted annual rate of 17.2 million fell shy of August's 17.5 million. But it showed that demand remains robust as the industry winds up its fifth year of recovery since the recession.... Read More »

 

EU will hint at future new-car CO2 targets

Nov. 28, 2014 06:01 CET
The European Commission next month will outline progress on future emission targets for new cars sold in the EU, giving automakers a clearer look at the billions of euros in investment that will be needed to meet tougher goals.... Read More »

 

OCTOBER U.S. SALES

Chrysler, Nissan set pace as U.S. sales rise 6% on truck demand

6:00 am U.S. ET | Nov. 3, 2014
U.S. light-vehicle sales, led by double-digit increases at Chrysler Group and Nissan Motor, rose 6 percent last month to 1.28 million, matching forecasts, with crossovers and light trucks fueling much of the industry's gains. The seasonally adjusted annual sales rate, a broad measure of the industry's health, hit 16.5 million, slightly above projections and up 7 percent from 15.4 million a year earlier. The SAAR has now topped 16 million every month beginning with March.... Read More »

 

Carmakers face uncertainly from EU's 2030 CO2 goals

Nov. 1, 2014 06:01 CET
The EU's new 2030 climate and energy targets create uncertainty for automakers because they let member states decide whether to include transport pollution in the EU's carbon emissions trading system.... Read More »

 

EU will allow car emissions into carbon trading market

Oct. 23, 2014 13:55 CET
The European Union will make it easier to bring road transport emissions into the carbon trading market, a move critics say could empower carmakers to push back against more effective curbs on greenhouse gases.... Read More »

 

EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be anti-competitive as the deal may have blocked rivals keen to participate in the chemical's development.... Read More »

 

China's BYD beats Renault, Nissan in Brussels electric taxi bid

Oct. 16, 2014 21:43 CET
China's BYD was the winner in Brussel's first tender for emission-free taxis, beating Renault and Nissan. Taxi operators opted for BYD's e6 electric car because of its roominess and long range.... Read More »

 

Dealers turn to governments for incentives

12:01 am U.S. ET | Oct. 13, 2014
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

EU industry director wants to boost auto trade in Asia; warns of tougher CO2 rules

Oct. 9, 2014 06:30 CET
The new European Commission that takes office next month will make several decisions affecting automakers, including potentially tougher post-2020 CO2 emissions targets, its industry and enterprise director, Carlo Pettinelli, said.... Read More »

 

Fiat says Luxembourg tax deal probe will not significantly impact finances

Oct. 2, 2014 09:09 CET
Fiat said the potential financial impact of a European Commission probe into a tax agreement granted by Luxembourg to one of its subsidiaries would not be significant.... Read More »

 

SEPTEMBER U.S. AUTO SALES

GM, Nissan, Chrysler gains propel market to 9% increase

8:00 am U.S. ET | Oct. 1, 2014
U.S. light-vehicle sales -- paced by truck-fueled gains at GM, Chrysler Group and Nissan Group -- rose 9 percent in a September marked by sharp brand advances and a few steep declines. The industry-wide results were just below forecasts and cooler than the scorching rate of sales set in August. Still, they reflect a market coasting toward its fifth straight year of recovery following the 2007-09 recession. The SAAR has topped 16 million for 6 straight months.... Read More »

 

Winterkorn warns EU on overburdening automakers on CO2 emissions

Oct. 1, 2014 22:00 CET
Volkswagen CEO Martin Winterkorn warned EU regulators that it would be "fatal" to overburden the auto industry with tougher CO2 emission targets before a market can develop for electric cars, plug-in hybrids and other fuel-efficient models.... Read More »

 

EU probes Portugal's MQB platform aid to Volkswagen

Oct. 1, 2014 12:37 CET
The European Union has launched an investigation into Volkswagen's planned receipt of 36.15 million euros ($45.6 million) of state aid for investing in its MQB platform technology at a plant in Portugal.... Read More »

 

Fiat's tax accord with Luxembourg may be illegal state aid, EU says

Sept. 30, 2014 13:13 CET
The European Commission has told Luxembourg that its tax arrangement with a Fiat finance subsidiary may constitute state aid, breaking EU internal market rules.... Read More »

 

CO2 from new cars in Europe 38% worse than promised, study says

Sept. 29, 2014 18:06 CET
European cars probably discharged 38 percent more CO2 on real-world roads last year than their ratings promised, a transportation lobby group said. That means more fuel, costing the average consumer an extra 450 euros a year.... Read More »

 

EU orders Germany to stop backing Mercedes' use of banned refrigerant

Sept. 25, 2014 16:00 CET
The EU has ordered Germany to stop backing Mercedes' use of a banned car refrigerant within two months or face court action and possible fines. Mercedes is refusing to use an alternative refrigerant citing safety concerns.... Read More »

 

EU, Canada to hail draft trade pact that may take effect in 2016

Sept. 25, 2014 11:59 CET
The European Union and Canada will meet on Friday to cap five years of negotiations on a free-trade accord which has resulted in a draft pact that may see a gradual phase out of some automotive levies between the two.... Read More »

 

EU antitrust chief says more cartel fines on way for suppliers

Sept. 19, 2014 12:41 CET
EU regulators say they are ready to penalize several suppliers found guilty of price fixing. The EU has already fined two supplier cartels more than 1 billion euros in the last year.... Read More »

 

EU asks WTO to rule on dispute with Russia over van exports

Sept. 15, 2014 16:15 CET
The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers.... Read More »

 

GM gunning for more pickup wins

12:01 am U.S. ET | Sept. 15, 2014
GM's September promotion and dealer incentives are early salvos in what's likely to be a sustained offensive to capitalize on Ford's vulnerability as it negotiates the complicated changeover to its aluminum-body 2015 F-150.... Read More »

 

The incentives debate: Who's being 'stupid'?

12:01 am U.S. ET | Aug. 25, 2014
Some big rivals dismiss American Honda sales boss John Mendel's grim warning that extended loan terms and other strategies being employed by competitors hurt resale values, customer loyalty and ultimately profits. So who's right?... Read More »

 

EU regulators seek to close car emissions testing loopholes

Aug. 20, 2014 13:30 CET
EU regulators are pushing for legislation that will require vehicles to be tested on roads rather than in laboratories in a bid to close loopholes that allow carmakers to exaggerate fuel-saving and emissions credentials.... Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported.... Read More »

 

Ford, Chevy titans clash on incentives

12:01 am U.S. ET | Aug. 18, 2014
Ford and Chevrolet — both looking to claw back market share they have relinquished this year — have touched off an earlier-than-usual round of late-summer incentives.... Read More »

 

 
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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