Data Center

GM sacrifices rental sales to nab higher-margin business

12:01 am U.S. ET | Feb. 7, 2016

GM is in the midst of a big cutback in sales to rental fleets, an effort that executives say is aimed at improving the bottom line, even if it stunts revenue or market-share growth in the short term.... Read More »

JANUARY 2016 U.S. SALES

Snowstorms drive sales down 0.4%; SAAR rises to 17.55 million

8:00 am U.S. ET | Feb. 2, 2016

U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million. Automakers posted stronger results than many forecasts had predicted for a month that began with stocks taking a dive and ended with the storm.... Read More »

JESSE SNYDER

BLOG: For 2016, some growth, but watch out

7:15 pm U.S. ET | Jan. 10, 2016

It's wonderful to be starting an expected seventh straight year of U.S. auto sales growth.... Read More »

Forecasters see U.S. sales up this year, but softer 2017

4:00 pm U.S. ET | Jan. 10, 2016

Sales of new vehicles in the U.S. are cruising towards a new record in 2016, analysts agree, though they add that sales may then soften in 2017. In addition, Tom Webb, Cox Automotive's chief economist, warns of an “unhealthy disregard for the downside risks.”... Read More »

DECEMBER U.S. AUTO SALES

U.S. auto sales break record in 2015

8:15 am U.S. ET | Jan. 5, 2016

The U.S. auto industry set a sales record in 2015 as solid December gains by the biggest automakers pushed the annual tally above 2000's 17,402,486 mark. Volume, driven by low gas prices, pent-up demand, widespread credit availability, an increase in leasing and job gains, rose 8.9 percent last month and 5.7 percent for the year.... Read More »

Ford finds 0% beats 'Friends'

12:01 am U.S. ET | Dec. 6, 2015

Ford discovered last month that car shoppers get more excited about no-interest financing than no-haggle pricing, especially during the annual holiday bargain-hunting frenzy. Dealers and analysts say the “Friends & Neighbors” sale on Ford brand vehicles was a victim of bad timing and flawed execution.... Read More »

JESSE SNYDER

BLOG: In chase for record, it all comes down to December's deals

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

U.S. auto sales through the first 11 months are a third of a million behind the record-setting 2000 pace. Manufacturers won't be able to resist going for a new record.In chase for record, it all comes down to December's deals.... Read More »

Rising incentives, growing concern

12:01 am U.S. ET | Nov. 9, 2015

U.S. auto sales continue to roar ahead, fueled by pent-up demand, low gasoline prices, new metal and -- increasingly -- rising incentives. By one measure, automakers' incentives are nearing 10 percent of the industry's average transaction price. The trend is raising some concern among analysts.... Read More »

JESSE SNYDER

BLOG: Will we set a sales record? (Do we want to?)

5:00 pm U.S. ET | Nov. 3, 2015

I’m calling it early. After a terrific October, I think 2015 light-vehicle volume will top the previous peak in 2000 of 17,395,142 sales.... Read More »

Trucks lift GM's third-quarter results to post-bankruptcy records

12:01 am U.S. ET | Oct. 26, 2015

Stout truck sales in North America in the third quarter and a soft landing from economic concerns in China helped General Motors to its best financial performance since before its 2009 bankruptcy.... Read More »

HANS GREIMEL

No wonder Japanese praise trade pact

12:01 am U.S. ET | Oct. 12, 2015

Compared with the disgruntled murmuring from Detroit, the reaction of Japanese automakers to the historic Pacific Rim trade pact was one of elation. And rightly so -- at least from their point of view.... Read More »

Fiat expects low-cost compact car family to mimic Dacia's success

Oct. 11, 2015 06:01 CET

Fiat expects to mimic the success of Renault's no-frills Dacia brand with its new compact car range based on the Aegea concept. The first car in the family will be the Tipo sedan.... Read More »

SUPER SAAR

18 million selling rate comes with rising transaction prices

12:01 am U.S. ET | Oct. 5, 2015

The U.S. auto industry's sizzling summer appears not to have quenched demand -- a sign that today's sales numbers are being achieved without many of the sins of the past.... Read More »

U.S. sales rise 16% on double-digit gains at Detroit 3, Nissan, Toyota, Honda

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

U.S. light-vehicle sales, propelled by Labor Day promotions, fatter deals throughout the month, low gasoline prices and higher light-truck demand, rose 16 percent in September on double-digit gains at the Detroit 3, Toyota Motor, Nissan Group and Honda Motor. The seasonally adjusted annual sales rate surged to 18.17 million.... Read More »

Supply level is typical for Sept.

12:01 am U.S. ET | Sept. 14, 2015

U.S. light vehicle stocks started September in near-ideal form after August's robust sales pace.... Read More »

What a difference a Trump -- and a day -- can make for Ford

12:01 am U.S. ET | Aug. 17, 2015

Score another one for Donald Trump.... Read More »

Galloping toward a big sales finish

12:01 am U.S. ET | Aug. 10, 2015

As the industry awaits a wave of new and updated product, July's U.S. sales performance is lifting hopes that 2015 could near the industry's all-time sales record.... Read More »

Cadillac works to revise dealer incentives

12:01 am U.S. ET | Aug. 10, 2015

Two main elements of Johan de Nysschen's plan to rehabilitate Cadillac's image are to tighten dealers' inventories and quash their sell-at-any-cost mentality. But Cadillac's dealer-incentive programs today are designed to do just the opposite.... Read More »

Suppliers to the 2016 Toyota Tacoma

4:00 pm U.S. ET | Aug. 5, 2015

The 2016 Tacoma is the third generation of Toyota’s midsize pickup. The Tacoma, program code 989A. is built on Toyota’s F2 platform in San Antonio and Tijuana, Mexico. Suppliers include North American Lighting, Shape, Tenneco and Yazaki. The supplier data are compiled by SupplierBusiness.... Read More »

Suppliers to the 2016 GMC Canyon

3:54 pm U.S. ET | Aug. 5, 2015

The 2016 Canyon is the second generation of GMC’s midsize pickup. The Canyon, program code 31XG, is built on General Motors’ 31XX/32XX platform in Wentzville, Mo. Suppliers include ElringKlinger, Guardian Automotive, Multimatic and Valeo. The supplier data are compiled by SupplierBusiness.... Read More »

Supplier to the 2016 Tesla Model X

4:14 pm U.S. ET | Aug. 4, 2015

The 2016 Model X is Tesla's first truck. The compact crossover, program code Model X, is assembled in Fremont, Calif., on Tesla's Model S platform. Suppliers include Kiekert, Magna, Modine and ThyssenKrupp. Tesla produces several parts in-house for the Model X, including the motor and battery pack. The supplier data are compiled by SupplierBusiness.... Read More »

Suppliers to the 2016 Lincoln MKX

4:23 pm U.S. ET | Aug. 4, 2015

The 2016 MKX is the second generation of Lincoln's premium crossover utility vehicle. The MKX, program code U540, is assembled in Oakville, Ontario, on Ford Motor Co.'s CD4 platform. Suppliers include BorgWarner, Canadian General Tower, Mahle and ZF. The supplier data are compiled by SupplierBusiness.... Read More »

Suppliers to the 2016 Acura ILX

5:51 pm U.S. ET | Aug. 3, 2015

The Acura ILX received a face-lift for the 2016 model year. The compact luxury sedan is assembled in Marysville, Ohio, on Honda's C-5 platform. The program code is 2TA. Suppliers to the ILX include American Mitsuba, Nissan Brake, Pancon and Weastec.... Read More »

Suppliers to the 2016 Cadillac CT6

5:39 pm U.S. ET | Aug. 3, 2015

The brand-new 2016 Cadillac CT6 premium luxury sedan is assembled in Hamtramck, Mich., on General Motors' OMEGA platform. The program code is O1SL. Suppliers to the CT6 include HELLA, Inalfa, Nemak and Roechling. The data are compiled by SupplierBusiness.... Read More »

Pickups, retail sales power GM's 6.4% gain

12:45 pm U.S. ET | Aug. 3, 2015

General Motors' U.S. July sales rose 6.4 percent on strong retail volume, including a 28 percent surge in deliveries of its profitable full-size pickups.... Read More »

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