Retail

Ally's auto originations held flat in 2015

11:00 am U.S. ET | Feb. 3, 2016

Ally Financial's 2015 auto loan and lease originations remained flat compared with the year earlier, but that's fine with the lender's CEO. Ally made up for the loss of some General Motors business with gains elsewhere.... Read More »

VW's sales in Germany slip amid diesel scandal

Feb. 3, 2016 08:30 CET

VW, Skoda and Seat sales fell last month in Germany in a market where total registrations rose 3.3 percent. VW brand sales declined by 8.6 percent in a sign that the automaker's diesel scandal may be deterring buyers.... Read More »

German gov't, automakers aim for deal by March to boost EV sales

Feb. 3, 2016 11:56 CET

Chancellor Angela Merkel's government is pushing for an agreement within the next month together with German automakers to boost electric car sales in the country as demand for EVs fails to take off in the market.... Read More »

Renault-Nissan plan cheap EV for China

Feb. 3, 2016 06:01 CET

Renault-Nissan will develop an affordable electric car for China because the alliance's current offering, the Nissan Leaf, is too expensive for the local market.... Read More »

Volvo sales rise 9% in January on U.S., China demand

Feb. 3, 2016 11:25 CET

Volvo sales rose 9 percent in January as deliveries of the automaker's flagship XC90 SUV helped the automaker to achieve double-digit growth in China and the U.S.... Read More »

Kia's Super Bowl campaign to draw on star power of Christopher Walken, social media influencers

12:01 am U.S. ET | Feb. 3, 2016

In Kia's Super Bowl 50 ad, the redesigned 2016 Optima is like the world's most exciting pair of socks. The spot is all about standing out from the pack as Kia hopes to do with the Optima in a midsize sedan segment that the automaker says is boring and basic.... Read More »

Toyota Motor Credit reaches pact with CFPB over discriminatory loan pricing

4:11 pm U.S. ET | Feb. 2, 2016

Toyota Motor Credit has agreed to pay up to $21.9 million and limit its retail margins on auto loans to settle U.S. Department of Justice and Consumer Financial Protection Bureau allegations that it overcharged minority borrowers on their auto loans.... Read More »

Hyundai, Kia post slight gains to set January records

2:00 pm U.S. ET | Feb. 2, 2016

January U.S. sales at Hyundai-Kia were mostly flat but rose just enough to give the brands their best-ever starts to a year.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford of Europe boss outlines plan to be a consistent profit maker

Feb. 2, 2016 06:01 CET

Ford of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent. To do that, Farley wants the automaker to be selective on the segments where it competes, as he explained to Automotive News Europe.... Read More »

Growth in car sales in key European markets 'encouraging' in January

Feb. 2, 2016 11:28 CET

New-car sales increased in key European markets in January including 3 percent growth in Germany and double-digit rises in Italy and Spain.... 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: Despite a quirky January, industry is on the right path

5:11 pm U.S. ET | Feb. 2, 2016

Better run down to the local Asterisks R Us store and load up. The industry always wants January U.S. auto sales to foretell the year ahead, but it's a lousy month for soothsaying.... Read More »

Honda cites weather for 1.7% decline; Civic surges

3:00 pm U.S. ET | Feb. 2, 2016

Facing challenges from both calendar and climate, American Honda Motor Co. reported 100,497 sales for January, a 1.7 percent decrease from a year earlier.... Read More »

Toyota down 4.7% as cars undercut truck gains

3:00 pm U.S. ET | Feb. 2, 2016

Toyota Motor Sales started 2016 with a tap on the brakes, reporting a 4.7 percent decline in January sales from a year ago to 161,283 vehicles.... Read More »

Subaru posts record for January

4:52 pm U.S. ET | Feb. 2, 2016

Despite supply constraints, Subaru reported a record January and a U.S. sales increase of 0.7 percent compared with a year earlier to 41,101 vehicles.... Read More »

Ford slips; rising fleets fail to offset retail decline

12:15 pm U.S. ET | Feb. 2, 2016

Ford Motor said its retail sales fell 11 percent in January, and a rise in deliveries to car-rental companies wasn't able to fully offset the decline.... Read More »

Nissan pulls ahead on strength of crossovers

12:00 pm U.S. ET | Feb. 2, 2016

Nissan brand U.S. sales rose 3 percent in a winter storm-wracked January as crossovers and trucks gained traction.... Read More »

VW sinks to 5-year low; Audi extends streak

1:00 am U.S. ET | Feb. 2, 2016

Volkswagen's U.S. sales fell 15 percent last month, the embattled brand's third-straight monthly decline, while sibling brand Audi kept up its own streak, recording its 61st straight monthly U.S. sales record.... Read More »

GM ekes out gain; retail up as fleet falls

8:33 am U.S. ET | Feb. 2, 2016

General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health.... Read More »

Jeep and Dodge lift FCA to another increase

8:33 am U.S. ET | Feb. 2, 2016

Fiat Chrysler sales rose 6.9 percent in January as big increases by Jeep and Dodge offset sharp declines for the Chrysler and Fiat brands.... Read More »

Canadian sales jump 10% after record year

2:04 pm U.S. ET | Feb. 2, 2016

Automakers reported a robust 10 percent gain in Canada for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015.... Read More »

Ally posts strong gains in net income for year, Q4

1:17 pm U.S. ET | Feb. 2, 2016

Ally Financial's fourth-quarter and full-year 2015 profit and net income rose, while auto loan and lease originations remained relatively flat or increased slightly, despite GM's switch to lease exclusivity with GM Financial.... Read More »

Lexus reports record global sales in 2015; aims higher in 2016

6:39 am U.S. ET | Feb. 2, 2016

Lexus may not have reclaimed the U.S. luxury sales title in 2015, but by any other measure, it was a champion year for the Japanese premium brand.... Read More »

The Super Bowl auto ad lineup

12:01 am U.S. ET | Feb. 1, 2016

The 2016 Super Bowl auto ad lineup is nearly set. Here's a look at who's in and who's staying on the sidelines.... Read More »

GM lines up urban mobility deals, while Ford experiments 'everywhere'

12:01 am U.S. ET | Feb. 1, 2016

GM and its competitors are determined to get on board with changes in technology and demographics that are bringing people back to cities and thrusting car-sharing and ride-sharing into the mainstream. The question is how.... Read More »

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