Vehicle Sales

RICHARD TRUETT

BLOG: The steep road ahead for Alfa in U.S.

11:15 am U.S. ET | June 2, 2015

Even with a small but passionate following for the Italian brand, Fiat Chrysler's lofty sales goal for Alfa Romeo -- 150,000 vehicles a year in the NAFTA region by 2018 -- seems overly ambitious... Read More »

MAY U.S. AUTO SALES

Fiat Chrysler, GM post May sales gains; Ford, Nissan, Toyota fall

8:30 am U.S. ET | June 2, 2015

Fiat Chrysler and General Motors scored modest U.S. sales increases last month while Ford, Nissan and Toyota fell as the industry appeared poised to record one of the strongest months in nearly a decade.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Peugeot CEO Picat improved the brand's pricing

June 2, 2015 06:15 CET

Peugeot CEO Maxime Picat has played a key role in PSA's financial turnaround as head of the automaker's largest division by improving the retail pricing of the French brand's vehicles in Europe. Picat told Automotive News Europe how Peugeot plans to keep improving.... Read More »

Bentley expands in hard-hit Russia with third dealership

June 2, 2015 16:30 CET

Bentley has added its third dealership in Moscow as the carmaker anticipates that wealthier Russians will shrug off an impending recession and buy its upcoming Bentayga SUV.... Read More »

German car sales fall 6.7% in May on seasonal effect

June 2, 2015 16:03 CET

German new-car sales fell by 6.7 percent in May in a month that had two fewer business days than the year-earlier month. Adjusted sales rose by almost 4 percent.... Read More »

Ford names UK boss Ovenden as new Russia chief

June 2, 2015 14:23 CET

Ford named Russian market veteran Mark Ovenden as the new CEO of its joint venture in the country. Ovenden's task will be to turn around the automaker's troubled Russian operations that have been hit by the country's industrywide slump.... Read More »

Porsche's wealthy Chinese buyers choose less costly models

June 2, 2015 12:18 CET

Porsche’s wealthy Chinese customers are settling for less expensive models as a government crackdown on graft and conspicuous consumption slows luxury sales.... Read More »

New car, truck loans reach longest term on record

12:31 pm U.S. ET | June 1, 2015

The average length of loans for new and used vehicles in the U.S. in the first quarter hit record highs, and nearly 30 percent of new-vehicle loans have pay-back periods longer than six years, Experian Automotive says.... Read More »

VW Jetta leases as cheap as iPhone plans show company's U.S. travails

6:40 am U.S. ET | June 1, 2015

The $89 a month it takes to lease a Jetta at some U.S. dealerships is about as low as the price of using an iPhone on some cell phone plans. It's also a sign of how Volkswagen is grasping to turn around its fortunes in the U.S.... Read More »

Spanish car sales rise 14% on renewed subsidy program

June 1, 2015 14:18 CET

Spanish new-car sales rose 14 percent in May after the renewal of a government subsidy scheme helped to lift demand.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Profits remain elusive despite Europe's sales rebound

June 1, 2015 06:15 CET

New-car sales in Europe increased for the 20th consecutive month in April and four-month sales were up 8 percent, but not all executives are convinced that this higher volume will translate into higher profitability. Some have called what's happening a margin-less recovery because the rebound hides the fact that only the strongest can squeeze a profit.... Read More »

Jaguar Land Rover appoints former Porsche exec as China sales head

June 1, 2015 12:02 CET

Jaguar Land Rover has appointed former Porsche executive Mark Bishop as its new China sales boss, amid a slowdown in one of its key markets.... Read More »

French car sales fall 4% in May on fewer working days

June 1, 2015 11:14 CET

New-car registrations in France fell 4 percent in May, mainly due to fewer working days. Sales rose 7.3 percent with the figures adjusted to include a comparable number of working days to May last year.... Read More »

BMW partner will build X4 in Russia from U.S. kits

May 31, 2015 06:01 CET

BMW will add production of the X4 SUV in Russia with local partner Avtotor using kits shipped from the automaker's U.S. plant. BMW and rival Mercedes-Benz are keen on Russian production despite the market's downturn to avoid import tariffs.... Read More »

Audi targets volume brands to keep China luxury lead

May 29, 2015 06:01 CET

Audi expects to offset softening demand for large luxury cars in China by winning sales from volume brands. Younger consumers are switching from midsize models to compact premium cars such as the A3 Sportback, according to company executives.... Read More »

Volvo plans rapid growth in U.S. with new factory

May 29, 2015 11:05 CET

Volvo aims to boost the brand's annual U.S. sales to 100,000 vehicles "as soon as possible" with help from a factory the company will open in 2018. The plant could one day build a Geely car, officials said.... Read More »

May U.S. sales rate forecast to rise to 17.3M

11:08 am U.S. ET | May 28, 2015

May is expected to produce the U.S. auto industry's best sales pace since last summer. Forecasts call for a seasonally adjusted, annualized selling rate of about 17.3 million, the highest level since August 2014 and second-highest for any month since January 2006.... Read More »

J.D. Power to buy NADA Used Car Guide

1:00 pm U.S. ET | May 28, 2015

The National Automobile Dealers Association has agreed to sell an 82-year-old institution, its Used Car Guide business, to J.D. Power. The deal is expected to yield shared cost savings and lead to more comprehensive data and new products.... Read More »

Larry Miller Group launches Fast Pass to speed auto transactions

12:00 pm U.S. ET | May 27, 2015

Larry H. Miller Dealerships is pushing to put more of the car buying process online, but the F&I component will stay in the dealership. The group is launching LHM Fast Pass, a website tool that enables customers to select and reserve online a new or used vehicle for purchase or lease.... Read More »

Valeo expects higher sales, profits this year

May 27, 2015 12:05 CET

Valeo CEO Jacques Aschenbroich reiterated that the supplier's sales in 2015 will outpace growth in global markets. Aschenbroich expects an operating margin slightly higher than the 7.2 percent margin in 2014.... Read More »

Volvo begins shipping Chinese-built S60 sedans to U.S.

May 26, 2015 11:16 CET

Volvo started exporting S60 sedans to the United States from its plant in Chengdu, China. Volvo says the exports will help to boost annual worldwide sales to 800,000 vehicles.... Read More »

Renault bets on cheap car with high-end features in India

May 20, 2015 10:24 CET

Renault hopes to succeed where Nissan's Datsun brand has stumbled by introducing the Kwid minicar in India. The hatchback will start at $4,700 and offer equipment not common in the country's best-selling small cars such as an airbag and navigation functions.... Read More »

Supercar makers neglect women at their peril

May 19, 2015 15:49 CET

Supercar makers such as Lamborghini, Ferrari and Aston Martin are seen by some industry observers as failing to communicate properly with female customers. But they may need to learn quickly or risk losing out on sales, particularly in emerging markets.... Read More »

European car sales rose nearly 7% in April as market recovers faster than expected

May 19, 2015 08:58 CET

European car sales rose for a 20th consecutive month in April, bolstered by a reviving economy and new models. Registrations increased 6.9 percent to 1.21 million vehicles, industry association ACEA said. Four-month sales jumped 8.1 percent to 4.85 million cars.... Read More »

Price cutting by VW, GM and Ford threatens automakers' rich margins in China

May 19, 2015 12:57 CET

Automakers including VW, GM and Ford are slashing prices for vehicles they sell in China in response to a slowdown in demand that threatens the industry's rich profit margins.... Read More »

Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
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