Sales

VW brand sales fall 4.8% in April on weak China, Russia and Brazil

May 13, 2015 18:55 CET

Volkswagen brand vehicle sales fell 4.8 percent in April as lower volumes in China, Russia and South America continue to outweigh gains in Europe....
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BMW's new CEO starts in shadow of predecessor's shift to chairman

May 13, 2015 10:50 CET

The first test facing Harald Krueger, BMW Group's new CEO, will be to emerge from the shadows of his predecessor, Norbert Reithofer, who will be watching over his shoulder as the new chairman....
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Audi edges ahead of BMW to lead luxury-car sales race

May 12, 2015 11:12 CET

Audi sold the most luxury cars globally in April, edging out BMW Group's namesake brand and fast-growing Mercedes. BMW kept its No. 1 ranking through the first four months....
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GM cuts vehicle prices on 40 models in China

1:24 pm U.S. ET | May 12, 2015

General Motors has cut vehicle prices in China after sales fell last month in the world's largest automotive market....
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Norway reaffirms electric car subsidies after boom

May 12, 2015 16:50 CET

Norway's government reaffirmed some of the world's most generous subsidies for electric vehicles and said it will review high taxes on cars....
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BMW car sales rose nearly 6% in April as Europe, U.S. offset sluggish China

May 12, 2015 09:29 CET

BMW said vehicle sales at its core BMW brand rose 5.6 percent in April as strong sales of the 2-series Active Tourer minivan in Europe and demand for SUVs in the U.S. helped to offset a sluggish China market....
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Webasto expects to double China sales by 2020

May 12, 2015 10:17 CET

German supplier Webasto expects annual sales in China to double by 2020 to 8.3 billion yuan (1.2 billion euros) from last year's results, in part as consumers shift from smaller tilt-slide sunroofs to bigger and more expensive panoramic sunroofs....
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ALAN BATEY, GM NORTH AMERICA PRESIDENT

GM remains bullish but choosing a long-term view

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

Alan Batey says he wants growth but insists that General Motors won't chase market share or get into incentive wars, as it did in the past. He's taking a long-term view as the automaker works to revitalize Chevrolet and Buick while accelerating the momentum of its upscale truck marque, GMC....
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Inventories stay steady even as sales volumes vary

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

Automakers trimmed about 14,000 light vehicles out of U.S. inventory during April despite relatively languid industry sales. It's another sign that automakers are doing a good job of matching production to sales while keeping stocks lean....
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BEST PRACTICES

Stores reach out to empower female customers

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

A visitor to Don Jenkins' dealerships in this north Tennessee city will find a fair share of brawny men, but a dearth of female shoppers. So the dealer's daughter, Casey Jenkins, is doing something about that....
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4 fleet strategies yield similar April sales gains

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

Four of the top seven automakers outperformed the U.S. light-vehicle market in April by almost exactly the same level while using wildly different fleet strategies....
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EDITORIAL

Listening to dealers should help Nissan in its push for share

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

Nissan is further adjusting its sales incentives for dealers, tweaking a program it heavily revamped a year ago. Jose Munoz, Nissan North America chairman, says he is working with dealers to address their concerns. Such cooperation is crucial in Nissan's drive for a 10 percent U.S. market share by March 2017....
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Dutch plug-in hybrid boom set to end

May 10, 2015 06:01 CET

Automakers expect a sales boom in plug-in hybrid cars in the Netherlands will end next year as the government reduces a tax break for company car drivers. The tax break has helped to make the country Europe's biggest market for plug-ins....
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Tesla starts small with CPO program

12:01 am U.S. ET | May 9, 2015

Tesla is now selling CPO cars online in 11 US cities, marking the start of a used-car foray that could someday turn into a big money-maker. Tesla says it doesn't see used cars as a way to pad its margins, though that may change as used cars become a larger part of its business....
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PSA eyes re-entry to Iran's auto market, report says

May 8, 2015 15:17 CET

PSA/Peugeot-Citroen is in talks about a possible joint venture with Iranian carmaker Iran Khodro if sanctions against the Islamic Republic are lifted, a German magazine reported, citing Peugeot brand chief Maxime Picat....
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Toyota to ax 100 dealerships in Germany on falling sales

May 8, 2015 06:01 CET

Toyota plans to ax 100 dealerships in Germany as the automaker's vehicle sales plunge in Europe's biggest market....
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Audi sales rise 2.5% in April on U.S. demand

May 8, 2015 12:20 CET

Audi said vehicle sales rose 2.5 percent in April as robust volume in the U.S. offset slowing sales in Europe and China. Four-month deliveries were up 5.2 percent to 591,050 cars....
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CHRISTIAAN HETZNER

BLOG: BMW's days of easy money in China are over

6:30 am U.S. ET | May 8, 2015

BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup....
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W. Europe car sales rise nearly 7% on new models, discounts

May 7, 2015 17:16 CET

New-car sales in Western Europe increased by 6.7 percent in April -- helped by a continuing economic recovery, new models and heavy discounting by automakers....
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UK car sales rise 5% in best April this decade

May 7, 2015 11:08 CET

UK car sales increased by 5.1 percent in April, the highest sales figure for the month in a decade. Full-year sales are forecast to rise by 4 percent, fueled by cheap credit and strong consumer confidence....
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Mercedes sales increase 12% in April on China, U.S demand

May 7, 2015 11:45 CET

Daimler said vehicle sales at its Mercedes cars unit, including Smart, rose 12 percent last month, driven by robust demand in the U.S. and China as well as strong sales of the Mercedes C class and GLA....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault expects pricing boost from better lineup

May 7, 2015 06:15 CET

Renault's new head of product planning, Bruno Ancelin, says improving the brand's pricing structure is a lot easier now the lineup features reliable, high-quality models. Ancelin discussed pricing, sales and electric cars with Automotive News Europe....
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Continental raises forecast after Q1 earnings rise 10%

May 7, 2015 10:41 CET

Continental raised its 2015 sales forecast after posting higher first-quarter earnings that were helped by positive foreign exchange effects and a low oil price. Quarterly earnings rose 10 percent to 1.05 billion euros ($1.19 billion), the supplier said....
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KAR Auction Q1 net income doubles

3:11 pm U.S. ET | May 6, 2015

KAR Auction Services, parent company of ADESA, said its net income more than doubled to $54.5 million on revenues that increased 8.3 percent to $632.4 million in the first quarter....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Nissan exec predicts more Europe profits despite Russia

May 6, 2015 06:15 CET

Nissan Europe Chairman Paul Willcox has led the brand to new highs in sales and market share. But despite a sharp rise in 2015 volume, Nissan's No. 1 market in the region, Russia, is giving Willcox headaches, as he explained to Automotive News Europe....
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Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of Nissan and Infiniti from 8.4 percent to 10 percent by March of 2017.
» Watch the Video