Vehicle Sales

Honda to drop Crosstour, move Accord hybrid output to Japan

4:00 pm U.S. ET | April 8, 2015

Honda will stop producing the Crosstour, a slow-selling derivative of the Accord, after the 2015 model year as part of a broader move aimed at boosting truck-production capacity.... Read More »

Ford outsells Hyundai in China with capacity expansion, new cars

12:01 am U.S. ET | April 8, 2015

Ford outsold Hyundai in China for the first time, closing in on its goal to rank among the top three foreign automakers in the world's largest market.... Read More »

Mercedes sales increase 16% to monthly record

April 8, 2015 12:03 CET

Mercedes sales rose 16 percent in March to a monthly record, powered by robust demand in Europe, China and the U.S. and strong sales of the automaker's C class, compacts and SUVs.... Read More »

Low rates will continue to help auto sales, financing in 2015, experts say

11:45 am U.S. ET | April 8, 2015

Interest rates should remain low for the rest of 2015, helping auto dealerships sell vehicles, experts say. Low interest rates and longer auto-loan terms have largely offset higher transaction prices the past few years, keeping increases in monthly payments to a minimum.... Read More »

Russian auto sales plunge 43% as economy contracts

8:46 am U.S. ET | April 8, 2015

Russian car sales fell 43 percent last month, as the economy slides into recession. Sales of new cars and light commercial vehicles shrank to 139,850 units in March from 243,332 a year earlier, the Association of European Businesses in Russia said today in a statement.... Read More »

Average mileage of new vehicle sold rose 0.2 mpg in March

4:30 pm U.S. ET | April 7, 2015

The average fuel economy of light vehicles sold in the U.S. jumped to 25.4 mpg in March, up 0.2 mpg from a month earlier, University of Michigan researchers said.... Read More »

BMW, Mercedes probe unauthorized exports from U.S. to China

April 7, 2015 11:29 CET

Mercedes and BMW are probing unauthorized exports of vehicles from the U.S. to China, which have recently surged and threaten profit in the world's largest auto market. So-called gray imports to China have jumped since the country allowed dealers in Shanghai's free trade zone to import cars without the consent of foreign carmakers.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO reveals the next steps in automaker's revival

April 7, 2015 06:15 CET

PSA/Peugeot-Citroen CEO Carlos Tavares discussed the challenges the automaker needs to overcome to complete its turnaround, including boosting scale, improving net pricing and giving customers options they really value.... Read More »

Midsize Ram pickup? Too costly, brand boss says

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

Ram brand boss Bob Hegbloom says he can't make numbers work to fit a midsize pickup into the brand's lineup. The key sticking point? The price of higher fuel economy.... Read More »

Porsche taps Cox unit to help manage off-lease portfolio

11:27 am U.S. ET | April 6, 2015

Porsche Cars North America Inc. has tapped a Cox Automotive software platform company to help it manage its off-lease portfolio.... Read More »

Signs of a stable U.S. market in March

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

Looking for a show of strength in March’s U.S. sales results? Not everyone was gunning for volume. Ford, GM, and Nissan all slashed incentives, lost sales – and watched transaction prices rise.... Read More »

Seminars tackle generation gap

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

Generation Y is projected to account for 40 percent of new-car purchases within the next five years. In June, Automotive News will launch a series of national seminars that will outline strategies focused on generational issues.... Read More »

LETTER TO THE EDITOR

Give customers one price upfront

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

I have been a sales consultant at a one-price store for more than 21 years. We went to one price in the fall of 1993 and haven't looked back. We had always been a low-pressure, easygoing dealership before one price, so it was a good fit.... Read More »

Jeep, Subaru keep rolling in March

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

FCA US eked out its 60th straight monthly sales gain in March, with a 1.7 percent increase to 197,261. But the Jeep brand, a big reason for FCA's successful run, is not only still streaking but still racking up big monthly percentage gains.... Read More »

BMW takes the lead in luxury sales

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

BMW, Mercedes-Benz and Lexus were separated by just more than 1,300 sales in the first quarter. BMW was tops with sales of 78,492, Mercedes was second (78,156) and Lexus was third (77,180).... Read More »

HANS GREIMEL

BLOG: Meet South Korea's newest automaker

11:10 am U.S. ET | April 3, 2015

Cony Motor doesn't have a factory or a single customer. Its vehicles aren't even street-legal yet. But South Korea's youngest would-be automaker just splurged on a stand at the country's premier auto show, right next to Bentley.... Read More »

Tesla reports record deliveries of 10,030 cars in Q1

10:35 am U.S. ET | April 3, 2015

Tesla Motors said it delivered a record 10,030 cars in the first quarter, a 55 percent increase compared with the number of deliveries in the first quarter of last year.... Read More »

Ford unveils new Galaxy minivan with fresh styling, advanced safety features

April 3, 2015 06:01 CET

Ford unveiled its latest Galaxy large minivan with a fresh design, fuel-efficient engines and advanced safety systems. The Galaxy will join the new S-Max large minivan in the automaker's freshened people-mover lineup. The seven-seat Galaxy is aimed at families while the S-Max has a broader appeal with its sporty styling.... Read More »

SsangYong aims to triple European sales, CEO says

April 3, 2015 06:01 CET

Korean automaker SsangYong aims to nearly triple its European sales this year to help offset a big slump in Russia, the company's CEO said.... Read More »

Germany's 9% sales rise a positive sign of Europe's continued rebound

April 2, 2015 11:45 CET

New-car sales in Germany increased 9 percent last month, the VDA industry association said. With March sales also up in other key markets such as France and Italy, the rise shows that the region's gradual recovery is continuing.... Read More »

California's 'green' rebates come under attack

6:45 pm U.S. ET | April 2, 2015

California's incentives to purchase EVs are under attack as data shows most of the money goes to consumers who earn twice the national average yet collect cash rebates on Tesla's luxury models.... Read More »

CarMax will step up store-opening pace

3:46 pm U.S. ET | April 2, 2015

CarMax said will open 13 to 16 new used-only stores each of the next three fiscal years, starting with the one that began March 1. That is up from the 10 to 15 stores a year it has opened since the recession.... Read More »

AutoNation's March sales rise 5 percent

3:54 pm U.S. ET | April 2, 2015

AutoNation today said its new-vehicle retail sales rose 5 percent in March from a year earlier to 30,107 units. On a same-store basis, new retail sales rose 3 percent.... Read More »

NEAL E. BOUDETTE

BLOG: Why Honda's Mendel doesn't care about Nissan

12:20 pm U.S. ET | April 2, 2015

Nissan has outsold Honda in each of the last three months, but Honda's John Mendel isn't bothered by it. “I don't give a damn about Nissan,” the executive vice president of American Honda told reporters at a roundtable discussion after Honda unveiled a Civic coupe concept at the auto show here.... Read More »

Honda confirms Civic hatchback exports to U.S. from UK

April 2, 2015 10:36 CET

Honda confirmed it will export Civic hatchbacks to the U.S. from the UK, including the high-performance Civic Type R. The hatchback will join the Civic sedan in the automaker's North American lineup.... Read More »

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