Vehicle Sales

Want to relive the 1990s? Just hit the road

12:01 am U.S. ET | June 23, 2014
You'd think the number of really old vehicles on the road would come down given all that "pent-up demand" that has been released in the past couple of years. Not so, according to Experian....
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Strong new-vehicle sales bode well for auctions

12:01 am U.S. ET | June 23, 2014
National Auto Auction Association member auctions increased their sales of used cars and trucks 4 percent to 8.2 million in 2013 as the number of vehicles entering their auctions increased 4 percent to 15.2 million....
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Auction companies think outside the block

12:01 am U.S. ET | June 23, 2014
Auction companies are crafting ways for large dealership groups to buy and sell used vehicles more efficiently online and off....
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Tesla could open factory in Europe, CEO Musk says

June 12, 2014 06:01 CET
Tesla will build a factory in Europe once sales of its cars reach 160,000 a year in the region, CEO Elon Musk said. The electric-car maker also plans to open a European r&d center "next year or the year after," Musk said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Subcompact car sales slow on demand for small SUVs

June 12, 2014 06:01 CET
The subcompact segment's eight-year reign as Europe's largest car class is likely to end because of rising demand for small SUVs. Subcompact sales are forecast to fall to 2.64 million this year from 2.72 million in 2013....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Marchionne insists Fiat Chrysler needs 9 brands; market watchers disagree

June 11, 2014 06:01 CET
Fiat Chrysler CEO Sergio Marchionne wants his recently merged nine-brand automaker to more than double vehicle sales and operating profit, but analysts doubt there will be enough cash to fund volume growth....
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Ford, Honda new-product cycle should boost U.S. market share, report says

3:18 pm U.S. ET | June 9, 2014
Ford and Honda stand to capture more of the automotive market in the United States than their counterparts during the next four years as they woo buyers with new products such as Ford's aluminum-bodied F-150 pickup....
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Crossovers drive May sales surprise

12:01 am U.S. ET | June 9, 2014
So what's the story behind last month's unexpectedly strong sales results? Forget the fifth weekend in May, crossovers are what did the trick....
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Used-vehicle prices dipped in May, but pickup prices edged up

2:35 pm U.S. ET | June 6, 2014
In line with seasonal patterns, overall wholesale prices of used vehicles dipped in May from April levels, but prices of used pickups rose, according to data in the Manheim Used Vehicle Value Index....
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Chrysler spot pitches the 200 and the workers who make it

6:47 am U.S. ET | June 6, 2014
Chrysler will market its all-new 200 as a car with "swagger" and "soul" in a new campaign breaking Saturday that focuses not just on the car, but the people who make it....
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AutoNation retail sales rise 15% for best-selling May since 2006

11:45 am U.S. ET | June 4, 2014
AutoNation said its new-vehicle retail sales jumped 15 percent in May from the year-earlier month to 30,275 units, the company’s best-selling May since 2006....
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BMW leads Mercedes in U.S. luxury sales race in May

June 4, 2014 06:01 CET
BMW topped Mercedes in May U.S. sales as smaller, cheaper models and fashionable SUVs helped luxury brands increase deliveries....
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Ford edges Chrysler as Canada posts all-time monthly sales record

3:00 pm U.S. ET | June 3, 2014
Ford edged out Chrysler for the top spot in May sales in Canada by 256 units as the country set an all-time monthly light-vehicle sales record. Ford of Canada said it sold 31,754 vehicles in May while Chrysler Group said it delivered 31,498 units during the month. But for the year to date, Chrysler holds a lead of 7,314 vehicles over Ford in Canada....
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BMW tops Mercedes in May as cheaper luxury models woo buyers

5:07 pm U.S. ET | June 3, 2014
BMW topped Mercedes in May sales as cheaper models and fashionable crossover vehicles helped luxury brands gain traction in the United States with new buyers enjoying rising disposable income....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ghosn counts on Renault rebound to catch Toyota, GM, VW

June 2, 2014 06:01 CET
Renault-Nissan CEO Carlos Ghosn has high ambitions for the French-Japanese carmaking alliance. His aim is to "install Renault-Nissan as one of the top three global automakers."...
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French car market stays on growth path with slight rise in May sales

June 2, 2014 10:22 CET
French new car sales inched 0.1 percent higher in May, led by domestic automaker Renault. The CCFA industry body says it could raise its 2014 growth forecast....
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Minivan meltdown, maximum margins

12:01 am U.S. ET | June 2, 2014
Judging by minivan sales, the segment has crashed over the past decade. Volume, shmolume, retailers say. Many consumers buy loaded, higher-end models, so minivans deliver good margins. And minivan buyers often become a dealership's loyal customers....
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Consumer awareness aids CPO sales and prices

2:22 pm U.S. ET | May 30, 2014
Certified used-vehicle sales are expected to grow this year and next year in lock step with increases in the supply of late-model used vehicles, the latest issue of Perspective, a monthly report by NADA Used Car Guide that highlights industry trends, says....
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Top seller CarMax watches as rivals circle

12:01 am U.S. ET | May 26, 2014
CarMax Inc. is the 400-pound gorilla of the used-car market. Now Sonic and Asbury Automotive Group Inc. are on track to open stand-alone used-car stores this year. CarMax is watching, but not all that worried....
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URGENT STRATEGIES

Retailers want piece of huge used-car market

12:01 am U.S. ET | May 26, 2014
The used-car business is hot, prompting franchised new-car dealers across the nation to pay more attention than ever to their used-vehicle operations, in some cases opening used-only stores....
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Sonic, Asbury's paths to stand-alone used-car stores diverge

12:01 am U.S. ET | May 26, 2014
When it comes to stand-alone used-car stores, Asbury Automotive Group Inc. is dipping its toe in the water while Sonic Automotive Inc. is jumping in....
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THE GM RECALL

GM recalls 500 new trucks, SUVs for flawed airbag sensor

12:15 pm U.S. ET | May 23, 2014
General Motors is recalling about 500 new pickups and SUVs to fix a potential flaw in the sensor that controls the airbags. The recall is to fix "a potentially faulty supplier part in the sensing and diagnostic module that controls the vehicle air bags" on 2014 and 2015 Chevy Silverado, GMC Sierra, Chevy Suburban and Tahoe, GMC Yukon and Yukon XL models, GM said in an e-mailed statement....
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May sales to get lift from retail demand, holiday deals, extra weekend

1:02 pm U.S. ET | May 23, 2014
Anticipating strong Memorial Day weekend action, some analysts predict the pace of U.S. light-vehicle retail sales in May will be the best so far this year....
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U.S. dealership employment tops 1 million for first time since '08, NADA says

6:00 am U.S. ET | May 22, 2014
Dealerships in the United States employed more than 1 million people in 2013, the first time the industry has topped that threshold since 2008, early in the recession....
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THE GM RECALL

GM dealers grapple with stop-sale orders on busy weekend

12:39 pm U.S. ET | May 21, 2014
General Motors dealers are heading into one of their busiest weekends of the year unable to deliver some of their most popular vehicles: large crossovers....
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