Vehicle SalesMIKE COLIAS Why GM might rename its new mid-sized pickups 1:08 pm U.S. ET | April 18, 2013  Mark Reuss says the next-generation Chevrolet Colorado and GMC Canyon mid-sized pickups will be so much better than the bland outgoing models, General Motors might come up with new names. "We're targeting a new generation of buyer with a new truck," the GM North America president told reporters this week.... Read More »
Europe car sales drop 10% as Germany plungesApril 17, 2013 08:34 CET European car sales dropped 10 percent in March as declines at PSA, Ford and VW and a plunge in Germany put the industry on pace for the fewest annual deliveries in 20 years.... Read More »
Toyota hybrid sales gain as U.S. demand offsets slump in Japan 9:37 am U.S. ET | April 17, 2013  Toyota, the world’s biggest maker of hybrid vehicles, boosted first-quarter sales of dual-powered autos as a jump in overseas demand outweighed a drop in Japan, where government subsidies expired last year.... Read More »
GM global sales rise 3.6% to retain lead over VolkswagenApril 16, 2013 15:57 CET  General Motors said worldwide sales rose 3.6 percent during the first quarter, keeping its lead over Volkswagen by about 90,000 vehicles.... Read More »
GM global sales rise 3.6% to retain lead over Volkswagen 9:57 am U.S. ET | April 16, 2013  General Motors said worldwide sales rose 3.6 percent during the first quarter compared with last year, keeping its lead over Volkswagen AG by about 90,000 vehicles.... Read More »
Tough road ahead for India carmakers as boom market crashesApril 13, 2013 13:54 CET  India's annual car sales fell for the first time in a decade in the financial year just ended and are expected to post subdued growth this year, calling into question bullish expectations that fueled billion-dollar bets from global manufacturers.... Read More »
Tough road ahead for India carmakers as boom market crashes 7:54 am U.S. ET | April 13, 2013  India's annual car sales fell for the first time in a decade in the financial year just ended and are expected to post subdued growth this year, calling into question bullish expectations that fueled billion-dollar bets from global manufacturers.... Read More »
Volvo, Costco partner to sell 2013-14 lineup 3:48 pm U.S. ET | April 12, 2013  Volvo Cars of North America is teaming up with Costco to allow the warehouse club's members to purchase or lease models from the automaker's 2013-14 lineup at prearranged pricing.... Read More »
Much of tax refunds will go for auto-related spending 10:00 am U.S. ET | April 11, 2013  A third of the consumers who received or are expecting tax refunds this year plan to sink some of that cash into vehicle-related purchases such as a new- or used-vehicle or repairs, an eBay study found.... Read More »
CarMax quarterly profit rises, but used-car sales momentum drops 9:55 am U.S. ET | April 10, 2013  CarMax, the largest retailer of used cars in the United States, reported a 13 percent gain in fourth-quarter profit, but comparable used-car sales grew at a slower pace than the previous quarter.... Read More »
SALES Volkswagen brand vehicle sales fall in MarchApril 9, 2013 13:19 CET  Volkswagen said sales of its main namesake brand slipped 0.8 percent in March on declining demand in western Europe and Latin America.... Read More »
SALES Porsche's March sales rise 19.8% on strong German, U.S. demandApril 8, 2013 06:01 CET  Porsche said today its global vehicle sales rose 19.8 percent to a record 14,494 units in March on strong demand in Germany, the United States and China.... Read More »
GM predicts sales growth for Impala, large-sedan segment 1:16 pm U.S. ET | April 8, 2013  General Motors expects this month's launch of the redesigned 2014 Chevrolet Impala to boost sales of the tired nameplate and help revitalize the overall large-sedan segment.... Read More »
How the Fed fueled an explosion in subprime auto loans 12:01 am U.S. ET | April 7, 2013  Jeffrey Nelson was able to put up a shotgun as down payment on a car. At car dealers across the United States, loans to subprime borrowers like him are surging. Subprime auto lenders are showing up in a lot of personal bankruptcy filings, too. The Federal Reserve has made it all possible.... Read More »
SALES Mercedes sales up 5.7% in March on strong U.S. demandApril 5, 2013 14:48 CET  Daimler said vehicle sales at its Mercedes-Benz Cars unit rose 5.7 percent to a record 150,430 units in March compared with the same month a year earlier because of strong U.S. demand and small gains in Europe and China.... Read More »
Tesla's Musk calls e-mail sent by sales staff 'overzealous' 6:57 am U.S. ET | April 5, 2013  Elon Musk, the billionaire who leads Tesla Motors, called an e-mail sent by his sales staff last month “overzealous” and said the wording wasn't approved by the electric-car maker.... Read More »
Beetle marketing push in U.S. pays off for VWApril 4, 2013 06:01 CET  Volkswagen brand's U.S. vehicle sales rose 3 percent last month from a year earlier with most of the gains coming from one nameplate: the Beetle. The brand sold 37,704 vehicles in March, its third straight month of single-digit sales increases after a nearly two-year run of double-digit gains.... Read More »
AutoNation's March sales rise 7 percent as economy grows 12:08 pm U.S. ET | April 3, 2013  Driven by a strong recovery in the housing market and big gains in pickups, AutoNation, the country's largest dealership group, reported a 7 percent gain in new-vehicle sales in March.... Read More »
SALES BMW's March advance trims Mercedes lead in U.S. luxury raceApril 3, 2013 06:01 CET  BMW reported a 13 percent U.S. sales increase in March, cutting into the luxury-auto lead of Mercedes as both brands set records for the month.... Read More »
Ford, Chrysler see Canadian sales climb; GM falls 12:43 pm U.S. ET | April 2, 2013  New vehicle sales in Canada at both Ford and Chrysler accelerated in March, lifted by strong demand for pick-up trucks, the companies said today. GM sales fell 11 percent during the month.... Read More »
GM sales rise 6%, led by Cadillac, Buick 2:32 pm U.S. ET | April 2, 2013  General Motors' U.S. sales rose 6 percent in March, the company said today, as new nameplates helped Cadillac achieve a 50 percent gain and Buick rise 37 percent. Chevrolet sales rose just 1 percent, hindered largely by 22 percent declines for the Malibu and Impala sedans.... Read More »
BMW's March advance trims Mercedes lead in U.S. luxury race 3:03 pm U.S. ET | April 2, 2013  BMW AG reported a 13 percent U.S. sales increase in March, cutting into the luxury-auto lead of Mercedes-Benz as both brands set records for the month.... Read More »
Beetle marketing push pays off for VW 2:53 pm U.S. ET | April 2, 2013  Volkswagen brand's vehicle sales rose 3 percent last month from a year earlier with most of the gains coming from one nameplate: the Beetle. The brand sold 37,704 vehicles in March, its third straight month of single-digit sales increases after a nearly two-year run of double-digit gains.... Read More »
Nissan expects Leaf to set monthly U.S. sales record in March 3:40 pm U.S. ET | March 27, 2013  The Nissan Leaf electric vehicle, a month after the company dropped its sticker price by $6,400, is on its way to setting a monthly United States sales record in March of more than 1,900 units, Nissan executives said today.... Read More »
March U.S. auto sales will rise 8%, LMC predicts 9:46 am U.S. ET | March 21, 2013  March auto sales in the United States are expected to rise 8 percent and the annual sales pace should top 15 million for the fifth straight month as consumers shake off worries about the economy, according to research firm LMC Automotive.... Read More »
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