Vehicle Sales

Fleet stats cloud sales picture

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

June brought another surge in U.S. new-vehicle sales, with Ford showing modest growth while General Motors was alone among major manufacturers in recording a decline. But a closer look reveals a more nuanced picture: In retail sales -- those to individual customers -- GM was up 6.8 percent last month, better than most other automakers. Ford, hurt by a short supply of F-150 pickups, actually suffered a decline in retail sales....
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Halftime score for U.S. sales

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

What was hot and not-so-hot in the U.S. light-vehicle market through June...
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NICK BUNKLEY

A sales record not worth breaking

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

By the numbers, the U.S. auto industry just had its best spring selling season in a decade. But that's not the whole story. rather misleading. June 2015 was actually far better than June 2005. In June 2015, automakers were healthy and scrambling to keep up with demand for their most profitable vehicles. In June 2005, they were overflowing with inventory nobody wanted and desperate to get rid of it at any cost....
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AutoNation's 9% June sales increase outpaces industry

10:12 am U.S. ET | July 2, 2015

AutoNation said today its U.S. new-vehicle sales rose 9 percent in June from a year earlier to 27,862, making it the retailer's best June since 2005....
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German car sales rose 13% in June, helped by extra sales days

July 2, 2015 12:05 CET

New-car registrations in Germany increased 13 percent in June, helped by two extra sales days and a growing economy. The surge mirrors strong gains in France, Italy and Spain, suggesting the region is maintaining its steady recovery despite worries about a Greek exit from the euro....
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FCA tops Ford in retail sales for first time, reports say

1:04 pm U.S. ET | July 1, 2015

Fiat Chrysler Automobiles' retail sales in the U.S. topped Ford Motor Co.'s in June, the first month that's happened, CNBC and Bloomberg reported....
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JESSE SNYDER

BLOG: Look out! Still water ahead

4:30 pm U.S. ET | July 1, 2015

June was another good sales month. We’ve had a good first half, and a great six-year run-up. But expect to start seeing some separation among competitors....
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BMW slips past Mercedes with record June for U.S. luxury lead

3:21 pm U.S. ET | July 1, 2015

BMW took the lead over Mercedes-Benz in U.S. luxury-auto sales at the halfway point this year with its best-ever June....
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J.D. Power completes NADA car guide purchase

2:37 pm U.S. ET | July 1, 2015

J.D. Power completed its acquisition of NADA's Used Car Guide today after receiving approval from U.S. regulators....
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No seat unturned in flood-damage search

12:01 am U.S. ET | June 29, 2015

Since torrential downpours hit Houston in late May, Bob Sluss has been extra vigilant about leaving no stone - or seat - unturned when appraising used vehicles. Sluss has seen a spike in trade-ins with water damage that was not disclosed by their owners....
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CarMax makes big plans for smaller markets

12:01 am U.S. ET | June 29, 2015

CarMax Inc. plans to expand its reach by opening smaller stores in smaller markets, said CEO Tom Folliard. He said the used-vehicle powerhouse has identified at least 80 markets that will support stores that are downsized from typical CarMax outlets....
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U.S. auto sales remain robust in June

12:32 pm U.S. ET | June 26, 2015

U.S. auto sales have shown no signs of weakening this month after a blowout performance in May, with forecasters projecting an industrywide gain of about 5 percent to close out the best spring in a decade....
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Citroen will boost C4 Cactus production, add new markets

June 22, 2015 06:01 CET

Citroen will increase annual production of the C4 Cactus and expand sales outside Europe after the unconventionally designed compact model proved more popular than planned....
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Chevrolet's thrill ride in Vegas

12:01 am U.S. ET | June 20, 2015

Nearly 3,000 Chevrolet dealers and dealership employees spent two days in the desert for the annual business meeting. But, for a change, they didn't stay holed up for hours in a windowless ballroom. Instead, they got to tear around a racetrack at nearby Spring Mountain Motorsports Ranch, flogging pre-production 2016 Camaro coupes and Malibu sedans....
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CarMax average retail selling price dipped 1.6% in Q1

1:09 pm U.S. ET | June 19, 2015

The average retail selling price of a CarMax used vehicle dropped 1.6 percent to $19,851 in the company's fiscal first quarter that ended May 31....
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VW U.S. chief sees 'limited growth' until new SUVs arrive

12:45 pm U.S. ET | June 19, 2015

Volkswagen expects "limited growth" in the United States over the next two years and will focus on defending the market share it has, the top executive for the region said, suggesting the German automaker will fall short of an ambitious 2018 sales target....
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Toyota tops in retained value, Edmunds.com awards show

12:01 am U.S. ET | June 18, 2015

Toyota Motor came out on top in Edmunds.com's annual Best Retained Value Awards, nabbing a brand-level award and four model-level awards. The awards recognize brands and nameplates that have the highest projected residual values after five years compared to their average transaction prices when sold new....
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Lexus led U.S. luxury registrations through April

2:52 pm U.S. ET | June 15, 2015

Lexus is ahead of BMW and Mercedes-Benz in U.S. registrations of luxury vehicles this year through April. The results are a reverse of the order based on the brands' reported sales figures, reinforcing that 2015 should be a tight, three-way race....
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As selling rate soars, U.S. fleet sales slide

12:01 am U.S. ET | June 15, 2015

Fleet volume didn't contribute much to those booming May auto sales....
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BMW brand sales rise 4% in May despite China decline

June 12, 2015 10:48 CET

BMW brand's global sales rose 4 percent in May helped by strong demand in the U.S. and a continued recovery in Europe, the automaker said. The gains helped BMW brand overcome a 5.5 percent decline in China last month, its first year-on-year slide since January 2005....
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CarMax criticized for selling cars with open recalls

1:45 pm U.S. ET | June 11, 2015

CarMax is under attack from consumer activist groups in California after a study found vehicles with open safety recalls for sale at two of its stores in the state....
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LINDSAY CHAPPELL

BLOG: Why Nissan Leaf sales surged -- and yet fell 33%

12:01 am U.S. ET | June 11, 2015

Sales of the Nissan Leaf fell 33 percent in May from a year earlier, so why did some reports portray Leaf sales as surging ahead?...
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2015 AUTOMOTIVE NEWS EUROPE CONGRESS

Aston Martin will decide on new plant in third quarter

June 10, 2015 13:06 CET

Aston Martin will decide on the location of its new plant to build the upcoming DBX crossover in the third quarter, CEO Andy Palmer said. Potential sites in the U.S. and the UK are under consideration, Palmer said....
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Echopark stores' iPad strategy reaps F&I results

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

Sonic Automotive Inc.'s three new used-vehicle stores in the Denver area are getting strong F&I results. The three stores together average nearly $1,000 per vehicle on sales of extended service contracts, guaranteed asset protection and other add-on items. That's despite having no dedicated F&I officers and using a one-price, one-salesperson process....
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Texas floods may yield 10,000 damaged vehicles

9:54 am U.S. ET | June 5, 2015

As many as 10,000 vehicles may have been damaged in last month’s catastrophic Texas floods, and some could be resold out of state to unsuspecting buyers, according to a group that works to prevent insurance fraud....
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