Vehicle Sales

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why French and Germans still believe in the compact minivan sector

Feb. 14, 2016 06:01 CET

Compact minivan sales remain valuable to French and German automakers even though more brands are quitting the segment because of the growing popularity of SUVs and crossovers... Read More »

Why Musk's new directive at Tesla has become 'cash is king'

12:01 am U.S. ET | Feb. 14, 2016

Facing a flood of red ink from the slower-than-planned rollout of the Model X crossover, Tesla signaled that a new era of cash-flow consciousness is underway.... Read More »

Lexus tops BMW in U.S. registrations; 2015 luxury title in dispute

2:32 pm U.S. ET | Feb. 12, 2016

Not so fast on BMW winning the 2015 U.S. luxury crown over Lexus and Mercedes. According to manufacturer-reported sales released last month, BMW won. But Polk said today that Lexus was tops in U.S. vehicle registrations last year with 340,392 vs. BMW's 335,259.... Read More »

VW Group sales return to growth in January despite diesel scandal

Feb. 12, 2016 14:34 CET

VW Group sales returned to growth in January despite the company's diesel emissions scandal, thanks to demand in China where VW brand posted its best month ever.... Read More »

Renault vows to sustain AvtoVAZ after record loss

Feb. 12, 2016 11:46 CET

Renault pledged to support AvtoVAZ, which warned it may not survive without help from shareholders after the collapse of the domestic car market pushed it into a record $930 million loss.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's new sales boss predicts continued growth after record 2015

Feb. 11, 2016 06:01 CET

Porsche easily surpassed its goal of 200,000 annual global sales last year and can now look forward to another year of worldwide growth, Detlev von Platen, the brand's new sales boss, told Automotive News Europe.... Read More »

Faurecia raises dividend after sales, margins climb

Feb. 11, 2016 11:24 CET

French supplier Faurecia today reported an increase in its operating margin for the second half of 2015 to 4.8 percent and raised its dividend for the year by 86 percent.... Read More »

NICK GIBBS

BLOG: Ford can boost Europe profits by adding upscale Vignale SUVs

12:01 am U.S. ET | Feb. 11, 2016

Ford of Europe isn't saying which models will next get its upscale Vignale trimline but the brand's two largest SUVs are the top candidates as the automaker plans to expand its Vignale variants to at least five by 2017 from just two now.... Read More »

Leasing on rise and being 'done right,' says Cox economist

10:00 am U.S. ET | Feb. 10, 2016

Although leasing is on the rise, it is “leasing done right” this time, in contrast to “leasing done wrong” in 1999 when leases last peaked and ultimately damaged residual values dramatically, Tom Webb, Cox Automotive chief economist, writes in the Manheim 2016 Used Car Market Report released Monday.... Read More »

BMW drops to 3rd place in global luxury sales race during January

6:30 am U.S. ET | Feb. 10, 2016

BMW lost ground in the luxury-car sales race in January, dropping to third place as Mercedes-Benz moved closer to a goal of unseating its rival this year.... Read More »

BMW drops to third place in luxury sales race during January

Feb. 10, 2016 11:56 CET

BMW lost ground in the luxury-car sales race in January, dropping to third place as Mercedes moved closer to a goal of unseating its rival this year.... Read More »

Nissan profit boosted by strong U.S. demand

4:28 am U.S. ET | Feb. 10, 2016

Nissan reported a 24 percent increase in operating profit in the latest quarter on the back of booming North American sales and cost cutting.... Read More »

GM awards more business to ad agency Commonwealth

10:24 am U.S. ET | Feb. 9, 2016

Ad agency Commonwealth/McCann has added some more business from General Motors at the expense of Leo Burnett.... Read More »

GM mobilizes to build more small pickups

3:44 pm U.S. ET | Feb. 9, 2016

General Motors will increase production of the Chevrolet Colorado midsize pickup, which has been in tight supply since its debut 18 months ago, a company executive said today.... Read More »

Mercedes is not chasing luxury sales lead at any price, Zetsche says

Feb. 9, 2016 11:29 CET

Daimler CEO Dieter Zetsche says Mercedes will not sacrifice margins in its quest to overtake rival BMW and become the world's best-selling luxury brand.... Read More »

Porsche CEO says profits will be hit by EV investment

Feb. 9, 2016 11:02 CET

Porsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said.... Read More »

The inventory is too low? Oh, the irony

12:01 am U.S. ET | Feb. 8, 2016

Wall Street analysts tend to keep a wary eye on automakers' vehicle inventory. If it creeps up, it can be a sign that profit-eroding incentives are coming to help move the metal. So it felt like opposite day last week when an analyst asked General Motors executives during the company's fourth-quarter conference call whether they were concerned that inventories were running too lean.... Read More »

Russian new-car sales continue steep decline in January

Feb. 8, 2016 15:45 CET

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry.... Read More »

Detroit 3's share of rental fleet declined in 2015

9:00 am U.S. ET | Feb. 8, 2016

GM, Ford and Fiat Chrysler accounted for 60.1 percent -- their lowest collective share ever -- of the 1.78 million new cars and light trucks sold to rental fleets in 2015.... Read More »

PSA will pay Iran partner $446 million compensation for quitting market, report says

Feb. 8, 2016 11:28 CET

PSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency.... Read More »

LUCA CIFERRI

BLOG: 'Autopia' future promoted by Google and Apple will hurt traditional carmakers

12:01 am U.S. ET | Feb. 8, 2016

Industry disrupters such as Google and Apple are better funded than their potential rivals from the automotive field. That could be bad news for traditional auto companies, an industry analyst said.... Read More »

Used-car loophole for recalls tightens up

12:01 am U.S. ET | Feb. 8, 2016

While a proposed federal law to close the used-car loophole is dead for now, efforts to keep unrepaired recalled vehicles out of circulation are stirring. And with powerful players mobilizing on the issue in an era of high-volume, high-profile recalls, dealers and automakers may face pressure to revisit their policies.... Read More »

A boost in fleet helps Jan. sales stay afloat

12:01 am U.S. ET | Feb. 8, 2016

Strong fleet volume lifted overall sales of new light vehicles in the U.S. in January -- almost enough to overcome a shortened calendar and a winter storm.... Read More »

LUXURY LAGS

Premium brands face challenges as incentives rise and trucks rule the day

12:01 am U.S. ET | Feb. 8, 2016

Luxury sales are slowing down, particularly on the car side. Can the luxury automakers keep a lid on their incentives and inventories?... Read More »

AutoNation's recall policy disrupts used-vehicle business

12:01 am U.S. ET | Feb. 8, 2016

AutoNation's recall policy challenged its used-vehicle business in the fourth quarter. The disruptions will continue through the first half as the retailer continues to expand its used-vehicle inventory.... Read More »

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