Vehicle Sales

AUGUST U.S. SALES

Sales edge down but SAAR soars to 17.81 million

8:00 am U.S. ET | Sept. 1, 2015

U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.81 million, the highest rate since July 2005 and the strongest month of the 6-year recovery.... Read More »

Hyundai, Kia notch records on Santa Fe, Soul

4:15 pm U.S. ET | Sept. 1, 2015

Facing stock market turmoil and an unfriendly calendar, Korean siblings Hyundai and Kia still set monthly U.S. sales records in August on strong demand for crossovers. Hyundai reported selling 72,012 vehicles for the month, a 2.9 percent increase, as Kia claimed 58,897 units sold, up 7.7 percent.... Read More »

Canada sales rise 2.2% in August

12:13 pm U.S. ET | Sept. 1, 2015

Light vehicle sales in Canada grew 2.2 percent in August to 175,512 vehicles, according to the monthly Desrosiers market snapshot report. Car sales plunged 9 percent during the month to 64,622 vehicles while truck sales surged 10 percent to 110,890 vehicles, Desrosiers said.... Read More »

Lexus grabs second straight monthly U.S. sales win, narrows gap with BMW

3:16 pm U.S. ET | Sept. 1, 2015

Lexus sold the most luxury vehicles in the U.S. in August, riding a wave of demand for its new crossover to a second straight monthly win and narrowing the gap with BMW. Sales rose 2.1 percent from a year earlier to 33,487, including 4,448 of the new $34,480 NX SUV.... Read More »

Ford's U.S. retail volume best since '06

1:30 pm U.S. ET | Sept. 1, 2015

Ford Motor Co. had its best retail-sales month since March 2006 in August, selling 183,467 vehicles in the U.S. Ford posted its highest F-series number of the year and gains of at least 20 percent for five crossover and SUV nameplates.... Read More »

Toyota, Honda suffer from weak car deliveries

4:15 pm U.S. ET | Sept. 1, 2015

The declines in small and midsize car sales finally caught up to both Toyota and Honda in August. Toyota Motor Sales U.S.A. reported its August sales fell 8.8 percent from a year earlier to 224,381 vehicles, while American Honda Motor Co.'s sales dropped 6.9 percent to 155,491. Both companies suffered big declines in cars that negated increases in some light trucks.... Read More »

Weak Nissan, strong Infiniti results leaves Nissan N.A. off slightly

11:00 am U.S. ET | Sept. 1, 2015

Nissan North America reported a slight drop in U.S. sales in August, as lower car sales offset strong performances by the Rogue crossover, the Altima sedan and the Infiniti luxury brand. Still, Nissan’s year-to-date sales have now exceeded 1 million vehicles, the first time the company has crossed that mark just eight months into the year.... Read More »

JESSE SNYDER

BLOG: Why the momentum could last

5:00 pm U.S. ET | Sept. 1, 2015

Auto marketers are still standing back from the edge of 2009’s pit of despair, though maybe some leaned in a bit last month.... Read More »

VW's run ends with 8.1% drop; Audi's hot streak continues

2:45 pm U.S. ET | Sept. 1, 2015

Audi of America posted its best August ever, while Volkswagen of America was unable to sustain its brief growth spurt. After posting higher U.S. sales in May, June and July, VW backtracked with an 8.1 percent decline last month. However, the 32,332 vehicles VW sold in August represented its best monthly U.S. sales total of 2015.... Read More »

GM slips as fleet pullback continues

3:30 pm U.S. ET | Sept. 1, 2015

GM's U.S. sales slipped less than 1 percent in August, as the second straight monthly drop in fleet sales offset rising demand from individual buyers. GM sold 270,480 vehicles last month, down 0.7 percent from a year earlier. GM said retail sales rose 6 percent. Fleet deliveries dropped 24 percent, amid a 38 percent decrease in rental-car sales.... Read More »

Hyundai's U.S. sales chief Pradzinski departs abruptly

1:09 pm U.S. ET | Sept. 1, 2015

Bob Pradzinski, the No. 2 sales executive at Hyundai Motor America behind CEO Dave Zuchowski, has left the company, Hyundai said today. There was no immediate word on a successor for that post. Pradzinski, 55, was a 26-year Hyundai veteran.... Read More »

Record Jeep, Ram pickup demand push FCA up 1.7%

2:15 pm U.S. ET | Sept. 1, 2015

Record Jeep and Ram pickup volume pushed Fiat Chrysler's U.S. sales up 1.7 percent in August, offsetting stiff drops at the Dodge and Chrysler brands. The automaker reported sales in the U.S. of 201,672. It's the second month this year, after May, that deliveries topped 200,000, and FCA's 65th consecutive month of year over year sales gains.... Read More »

Tesla names new Germany chief amid slow sales

Sept. 1, 2015 06:01 CET

Tesla named a new top executive in Germany, where the U.S. electric car maker is struggling to gain a foothold.... Read More »

French new-car sales rise 10% percent on extra selling day

Sept. 1, 2015 11:05 CET

French new-car sales rose 9.7 percent in August, traditionally a slow holiday month, boosted by an extra selling day. All major brands increased sales except Toyota and Ford.... Read More »

Spain's car sales jump 23% in 24th consecutive month of growth

Sept. 1, 2015 12:36 CET

Spanish new-car sales rose 23 percent in August in the best result for the month since 2009 and the 24th consecutive month of growth as the market benefits from a government-backed subsidy program.... Read More »

Top Renault exec sees European rebound continuing in second half

Sept. 1, 2015 11:23 CET

Renault's Chief Competitive Officer, Thierry Bollore, expects Europe's rebound to continue as the region's economy improves and drivers replace aging vehicles. Bollore discussed this outlook and the challenges facing Renault with Automotive News Europe.... Read More »

Citroen prepares new models with an eye on China

Aug. 30, 2015 06:01 CET

Citroen is preparing a series of model launches to reverse a sales slump that threatens to hamper parent PSA/Peugeot-Citroen's recovery from near bankruptcy. CEO Linda Jackson is counting on China for a "slight increase" in deliveries this year despite weakening demand compounded by the country's stock market crash.... Read More »

DS will challenge established premium brands

Aug. 28, 2015 06:01 CET

DS may be the youngest brand on the market but its product chief, Vincent Devos, believes the upscale marque can rival the best the luxury segment has to offer within two decades, as he explained to Automotive News Europe.... Read More »

AUGUST U.S. AUTO SALES

Sales may dip for first time in 19 months

1:00 pm U.S. ET | Aug. 27, 2015

Monthly U.S. auto sales are expected to fall for the first time in 19 months in August, but analysts say it's a blip caused by a later-than-usual Labor Day rather than a softening of consumer demand. Still, that could be enough to halt Fiat Chrysler Automobiles' streak of consecutive year-over-year gains after 64 months.... Read More »

China's luxury shoppers hit pause amid roiling markets

7:40 am U.S. ET | Aug. 27, 2015

The rout in China stocks is posing another threat to the world's biggest car market, jeopardizing growth plans for companies from Volkswagen AG to General Motors.... Read More »

Global carmakers rework India plans

Aug. 27, 2015 12:01 CET

Leading global carmakers including VW, GM, Nissan and Renault are reviewing their plans in India as they seek to boost sales, avoid more cutbacks, and better compete against market leaders Maruti Suzuki, Hyundai and Mahindra.... Read More »

Loan terms for used vehicles grow as inventory becomes 'younger, pricier'

1:45 pm U.S. ET | Aug. 26, 2015

Loan terms on used cars and light trucks are ticking up as those vehicles, on average, become “younger and pricier,” according to Edmunds.com. The average loan term on a used vehicle stretched to 66.2 months in the second quarter, up 1.1 month from the year-earlier period. At the same time, the average transaction price rose 7.6 percent to $18,800, the company says in a new report.... Read More »

Ferrari returns to India with California T, new dealers

Aug. 26, 2015 11:40 CET

Ferrari is renewing its Indian market push with two new dealers and the introduction of the California T convertible after terminating earlier dealerships for reasons including dissatisfaction with service levels.... Read More »

VW Group July vehicle sales fall 3.7% on weak China, Russia

Aug. 25, 2015 19:30 CET

Volkswagen's group vehicle sales fell 3.7 percent in July, hurt by weak markets in China, Russia and Brazil and falling volume at the core VW brand. Sales at the group, which includes luxury brands Audi, Porsche and Bentley, along with the VW, Skoda and Seat volume marques, dropped to 792,100, VW said.... Read More »

EDWARD NIEDERMEYER

China meltdown has burned global carmakers

3:45 pm U.S. ET | Aug. 25, 2015

When a chemical warehouse in Tianjin, China, exploded this month, destroying some 10,000 parked vehicles, cynics suggested that the disaster might actually be for the best, given the massive glut of unsold cars sitting on Chinese lots.... Read More »

 
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