Sales

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....
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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....
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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....
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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.”...
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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NICK BUNKLEY

BLOG: 2005 vs. 2015 -- similar SAAR, different story

3:13 pm U.S. ET | June 26, 2015

By the numbers, the U.S. auto industry just had its best spring selling season in a decade. But that's rather misleading. June 2015 is far better than June 2005....
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GM to re-enter medium-duty commercial truck market

12:01 am U.S. ET | June 22, 2015

General Motors is returning to the medium-duty commercial truck business in the U.S. next year after a seven-year hiatus, a move that GM believes will lead to more sales of pickups, vans and other trucks to fleet buyers....
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17.78 million! What made May's sales rate spike?

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

Auto sales should remain brisk thoughout 2015, but we probably won't see a repeat of May's eye-popping selling rate fo 17.78 million vehicles. Last month's SAAR was inflated by quirks in the calendar and the arcane formula used to calculate the selling rate....
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UK new-car registrations up 2.4% in May

June 4, 2015 11:08 CET

UK new-car registrations in May rose by 2.4 percent, the Society of Motor Manufacturers and Traders (SMMT), said today. Sales were up 5.7 percent in the first five months, boosted by a fourfold increase in ultra-low emission vehicles, the organization said....
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Nissan is looking for more fleet business

12:01 am U.S. ET | April 13, 2015

Honda's complaint that bigger fleet sales are driving Nissan's sales growth is erroneous, says Nissan Chairman Munoz. But while Nissan has cut back on rental-fleet sales, Munoz wants to sell more Nissans into lucrative commercial fleets....
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New Chevy Malibu tasked with meeting GM's aggressive sales goals

2:01 pm U.S. ET | March 26, 2015

The Chevrolet Malibu has been a symbol of GM's competitive woes for nearly 20 years because of designs that critics often lambasted as boring. Now, the No. 1 U.S. automaker is telling suppliers a redesigned version of the midsize sedan will deliver a long-awaited sales jolt....
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FEBRUARY U.S. AUTO SALES

U.S. sales rise 5.3% as wintry weather takes toll

8:00 am U.S. ET | March 3, 2015

Toyota and Subaru joined a handful of smaller automakers in posting double-digit U.S. sales increases for February as severe winter weather crimped demand more than analysts had forecast. Most companies posted modest gains as the overall industry rose 5.3 percent. While last month's pace trailed January's hot start, the industry has taken solid early strides towards its sixth year of sales advances since the recession....
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