Vehicle Sales

JESSE SNYDER

BLOG: April like a dry day at harvest time - no time to sit back

5:15 pm U.S. ET | May 1, 2015

Solid. Profitable. Gratifying. And yeah, a bit boring of a sales month. Yet another month of just-fine-thanks.... Read More »

GM tops rivals in Canada

3:24 pm U.S. ET | May 1, 2015

General Motors jumped to the top of the Canadian sales rankings for April as it sold 15 percent more cars and trucks than a year earlier, the company said today, winning a crown usually held by its rivals.... Read More »

Crossovers propel Nissan Motor to April record

12:00 pm U.S. ET | May 1, 2015

Nissan Motor Corp. rode its freshened lineup of Nissan and Infiniti utilities and crossovers to total U.S. sales of 109,848 vehicles, an increase of 5.7 percent an April record.... Read More »

Marchionne's talk of industry mergers seen as 'panic'

April 30, 2015 10:59 CET

CEO Sergio Marchionne has been talking for months about merging Fiat Chrysler with a rival automaker, a sign that he's panicking at how much sales are growing while profit margins are dropping, some industry observers say.... Read More »

Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET

Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased.... Read More »

Cadillac prices CTS-V about $10K below rivals

3:35 pm U.S. ET | April 29, 2015

Cadillac said today that its track-ready 2016 CTS-V sedan will start at $83,995 when it goes on sale in late summer.... Read More »

CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year.... Read More »

Bosch says weak euro will help sales rise up to 5%

April 29, 2015 11:59 CET

Bosch forecasts that its 2015 sales will rise between 3 percent and 5 percent after a weaker euro bolstered its top line in the first three months.... Read More »

Renault taps Hollywood star to promote new Espace

April 29, 2015 06:01 CET

Renault is tapping a Hollywood star appeal to boost sales of its new Espace minivan. Actor Kevin Spacey appears in Renault's Europewide marketing campaign for the Espace. The Espace launches the renewal of the automaker's upper range where the brand trails rivals such as Volkswagen, Ford and Opel.... Read More »

CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year.... Read More »

McLaren vows to stay independent as it pushes to boost sales

April 28, 2015 12:11 CET

McLaren plans to stay independent to take advantage of its nimbleness as it competes with rivals including Lamborghini and Ferrari. The UK automaker is one of the few global luxury auto brands that is not part of a larger group.... Read More »

Best April sales in decade expected, driven by light trucks

1:09 pm U.S. ET | April 27, 2015

New-vehicle sales in the United States are projected to reach the highest April level in a decade, capping the best four-month start to a year since 2001. Four forecasts -- calling for a year-over-year increase of about 5 percent to 6 percent this month -- show the industry remains on track to finish 2015 right around 17 million units, a threshold last crossed in 2001. TrueCar.com recently increased its full-year forecast to 17.... Read More »

LEADERSHIP CRISIS AT VOLKSWAGEN

Piech exit to shake up VW's politburo, creating U.S. opportunity

April 27, 2015 12:00 CET

The sudden departure of VW Group Chairman Ferdinand Piech may loosen his politburo-style management on the automaker, which could help VW finally start making cars Americans want to buy.... Read More »

Whole lotta wholesalin' goin' on

12:01 am U.S. ET | April 27, 2015

Soaring new-vehicle sales for the last few years mean that used vehicles are more plentiful. Dealers have become more selective about the vehicles they stock, and more willing to wholesale the ones they cull.... Read More »

SHANGHAI AUTO SHOW: PRICED TO SELL

China's cheap car strategy for the U.S.

12:01 am U.S. ET | April 27, 2015

Wu Song, boss of China's Guangzhou Automobile, says his cars need to be 30 percent cheaper than rivals to make it in America. If everything goes his way, GAC will test his pricing strategy with the U.S. launch of its GS4 crossover in 2017.... Read More »

'RATIONAL EXUBERANCE'

Industry revels in good times but manages to avoid overdoing it

12:01 am U.S. ET | April 27, 2015

There are many signs suggesting the U.S. auto industry is on a positive, sustainable track, but perhaps the most reassuring sign is the kind of caution that dealers and manufacturers are showing amid the boom.... Read More »

Recalled program cars vex GM, hurt profits

12:01 am U.S. ET | April 27, 2015

Late last year, General Motors decided to hold off on auctioning many of its retired rental vehicles because of depressed prices. But lower prices on the sale of program vehicles - those that the automaker took back after they were retired from rental fleets - hurt GM's first-quarter operating profit by about $400 million, the company said.... Read More »

NADA: Used-vehicle retail prices will rise more

12:01 am U.S. ET | April 27, 2015

Data from the National Automobile Dealers Association show the continued strength of used-vehicle prices in 2014. NADA's top economist says that strength could continue for another year or 18 months.... Read More »

Manheim expands its mobile auctions

12:01 am U.S. ET | April 27, 2015

Manheim is expanding its mobile auction business, which the company says could grow to 20 percent of its revenues eventually from less than 5 percent today.... Read More »

Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Plug-ins poised to be Europe's top electrified drivetrain

April 24, 2015 06:01 CET

Plug-in hybrid cars are forecast to outsell standard hybrids by 2019 and reach 1.2 million sales annually in Europe in 10 years. The rapid rise will come as automakers strive to meet tougher European CO2 rules that start to take effect in 2020.... Read More »

Valeo posts quarterly sales gain on Europe, China

April 24, 2015 11:56 CET

Valeo's first-quarter revenue rose 15 percent, lifted by sales growth in Europe and China. The supplier sees vehicle production rising about 3 percent globally in 2015, with the same figure expected in Europe, excluding Russia.... Read More »

Haldex first-quarter profit rises 37%

April 24, 2015 11:10 CET

Swedish supplier Haldex said operating profit rose 37 percent in the first quarter to 115 million Swedish crowns (12.2 million euros) as the company repeated its forecast for markets to grow at a slower pace this year.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suzuki sees Vitara as its best-seller in Europe

April 24, 2015 06:01 CET

Suzuki expects the new Vitara to become its best-seller in Europe because of its more mainstream look, roomy interior and better fuel economy.... Read More »

JESSE SNYDER

BLOG: Midsize with a four-banger or large and loaded? How auto insurance affects consumers' buying power

11:32 am U.S. ET | April 23, 2015

Want $7,700 more to spend on a new car? Move from Michigan to Maine before you insure it. That's because U.S. insurance premiums on a new vehicle vary wildly by state, according Insure.com... Read More »

 
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Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video