Vehicle SalesForecasts add a dab of caution 12:01 am U.S. ET | March 10, 2014  Here's a sure sign that executives feel a lot less giddy about prospects for new-vehicle sales than they did a year ago.... Read More »
Mercedes closes gap with Audi by one-third on China sales surgeMarch 7, 2014 12:34 CET  Mercedes slashed second-place Audi's luxury-car sales lead by almost one-third in the first two months on surging demand for its models in China.... Read More »
Income tax refunds, easy credit buoy used-vehicle prices 3:16 pm U.S. ET | March 7, 2014  Used-vehicle prices, bolstered by consumers using their income tax refunds to buy used cars and trucks, rose 0.8 percent in February from January and 1.1 percent from February 2013, the Manheim Used Vehicle Value Index showed today.... Read More »
VW Golf sales rise 28% to keep it Europe's top selling carMarch 7, 2014 06:01 CET  The VW Golf retained its position as Europe's best-selling car after sales grew 28 percent in January.... Read More »
GM assures analysts of pricing 'discipline' amid rising truck discounts 7:24 am U.S. ET | March 6, 2014  General Motors has been ratcheting up discounts on its full-size pickups over the last month, but it is telling Wall Street analysts that it intends to maintain premium pricing and margins on the trucks despite a drop in volume and market share.... Read More »
VW rethinks Skoda and Seat strategy in mass-market struggleMarch 6, 2014 10:51 CET  Volkswagen Group is striking out in a new direction to boost the image and appeal of its Skoda and Seat brands, moving Skoda more upmarket while refocusing Seat on Europe after a failed China export strategy.... Read More »
GM, Ford post double-digit gains in China 11:34 am U.S. ET | March 6, 2014  GM and Ford both reported double-digit sales gains in China for February -- GM jumped 20 percent and Ford rose 67 percent from a year earlier period.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Toyota, PSA benefit from rising European demand for hybridsMarch 6, 2014 06:15 CET  European sales of hybrid vehicles increased more than 40 percent last year as more people decided to reduce their fuel consumption with the help of the electrically assisted cars.... Read More »
Tesla expects Europe, Asia sales to nearly double N.A. by end of the year 6:27 am U.S. ET | March 5, 2014  Tesla said it will open more than 30 new service centers and stores in Europe as it anticipates a jump in sales in that region and Asia.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Top Nissan exec says automaker on track to pass Toyota in Europe by 2016March 5, 2014 06:15 CET  Trevor Mann, Nissan's Europe chairman, is counting on the recently launched second-generation Qashqai and the automaker's forthcoming compact hatchback to help the automaker reclaim the title of top-selling Asian brand in Europe by 2016.... Read More »
BMW targets 2 million car sales this year on China, U.S. gainsMarch 5, 2014 10:46 CET  BMW Group plans to sell more than 2 million vehicles this year as demand grows in China and the U.S. and the automaker pushes to stay ahead of Audi and Mercedes in global brand sales.... Read More »
Opel CEO says automaker aims to become No. 2 brand in Europe by 2022March 4, 2014 20:52 CET  Opel wants to overtake PSA/Peugeot-Citroen to become the second-largest carmaker in Europe by 2022, the German automaker's CEO, Karl-Thomas Neumann, said.... Read More »
Average U.S. fuel economy up slightly in Feb. 2:39 pm U.S. ET | March 4, 2014 The average fuel economy of new U.S. light trucks, cars, SUVs and vans sold in February rose 0.1 mpg from the revised figure for January, to 25.2 mpg, according to a monthly report from the University of Michigan Transportation Research Institute.... Read More »
Chrysler idles 325 Illinois workers for a week amid slow Dart sales 2:05 pm U.S. ET | March 4, 2014  Chrysler Group has idled 325 workers at its Belvidere, Ill., assembly plant for a week because of slow sales of the Dodge Dart.... Read More »
All-wheel-drive sales get lift from severe winter 12:34 am U.S. ET | March 4, 2014  While U.S. auto sales have been slowed this winter by record cold and snow, brands known for their all-wheel-drive offerings have fared well, and in several cases, are thriving.... Read More »
AutoNation's U.S. new-vehicle retail sales rise 4% in February 11:21 am U.S. ET | March 4, 2014 AutoNation's U.S. new-vehicle retail sales rose 4 percent in February from a year earlier to 21,987 units. It was the dealership group's top-selling February since 2007.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Minicar mania: Renault, PSA, Toyota debut key new entries at Geneva showMarch 4, 2014 06:15 CET  Sales in the European minicar segment, the region's third-largest after subcompacts and compacts, are forecast to rise by nearly 20 percent in the next three years as automakers reveal a host of new models.... Read More »
Ford, GM, Renault fear Ukraine crisis may hit key Russian marketMarch 4, 2014 12:29 CET  Top executives from Ford, General Motors, Renault and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »
Toyota sees Europe sales growing more than 2% this yearMarch 4, 2014 10:58 CET  Toyota expects to sell about 2 percent more cars in Europe this year as a gradually recovering market and the popularity of its hybrid models help drive deliveries.... Read More »
Carmakers worry emerging markets gloom could overshadow European recoveryMarch 4, 2014 11:40 CET  Renault has trimmed its growth forecast for the global car market this year, in a sign that the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up.... Read More »
Ford, GM, others monitor Russian dispute with Ukraine 6:29 am U.S. ET | March 4, 2014  Top executives from Ford, General Motors, and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »
Fleet-only Chevy crossover finds takers on used lots 12:01 am U.S. ET | March 3, 2014  The Captiva Sport, Chevrolet's no-frills crossover for fleet customers, has a budding retail fan base, too.... Read More »
Porsche extends CEO Mueller's contract by five yearsMarch 3, 2014 12:09 CET  Porsche CEO Matthias Mueller, who has led the sports car brand to record sales and defended the marque's exclusivity within Volkswagen Group, has won a five-year contract extension.... Read More »
FEBRUARY SALES EUROPE Europe's car-sales recovery continues but France lags behindMarch 3, 2014 10:44 CET  Strong new-car sales in Germany, Italy and Spain last month added to the growing optimism over Europe's market recovery, though a dip in French demand suggests the recovery remains uneven.... Read More »
FEBRUARY U.S. AUTO SALES Mother Nature chills showroom traffic, sales 7:00 am U.S. ET | March 3, 2014  U.S. auto sales were flat in February as rising showroom traffic in recent weeks fueled hope that the industry would finally break out of its three-month, weather-crimped slump in March. Total sales fell by just 357 units, or 0.03, percent. Four of the five biggest automakers posted declines, while Chrysler Group and Nissan bucked the trend with double-digit increases. All-wheel-drive specialist Subaru plowed to a 24 percent gain.... Read More »
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