Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42MTue, 03, May 2016
Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. After a lackluster March that disappointed some automakers, April produced solid gains across the industry, with fatter deals and light trucks driving volume higher.
GM sales drop 3.5% as rental sales slide; retail deliveries rise 12th straight monthTue, 03, May 2016
GM's April sales fell 3.5 percent, amid another big drop in deliveries to rental companies. GM sold 259,557 vehicles last month. Its retail sales rose for the 12th straight month, up 3.3 percent, to 200,656, driven by strong demand for pickups and SUVs.
Fleet sales soar in MarchMon, 11, Apr 2016
Through three months, fleet volume for the seven largest auto groups is up 14 percent despite General Motors' strategy of reducing rental fleet business to boost residual values and brand image.
Prius C to replace VW Beetle for Best Buy's Geek SquadMon, 11, Apr 2016
Geek Squad is ditching its signature Volkswagen Beetle “Geekmobiles” for the 2016 Toyota Prius C. Geek Squad, Best Buy's tech support unit, said today it will update its fleet with more than 1,000 Prius C hybrids, each branded with a redesigned logo.
Hyundai dealers get more crossoversMon, 11, Apr 2016
Hyundai plans to get more crossovers into the hands of dealers who are growing increasingly concerned with the brand's car-heavy mix amid a surge in demand throughout the industry for crossovers.