Vehicle Sales

POWERING FORWARD

Porsche's record sales could endanger exclusivity, tech leadership

12:01 am U.S. ET | Aug. 16, 2014
Sales are surging, but some industry watchers worry emphasis on volume could rob the brand of exclusivity and increase the danger of quality problems....
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Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014
Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company CarBizz....
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Why fleet sales soared in July

12:01 am U.S. ET | Aug. 11, 2014
How did total July U.S. light-vehicle sales rise 9 percent?...
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2014 MANAGEMENT BRIEFING SEMINARS

The global market beckons, but where?

4:09 pm U.S. ET | Aug. 6, 2014
The auto industry will have to side-step social unrest and political obstacles to take advantage of a coming decade of overseas growth opportunity, says GM’s chief economist....
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2014 MANAGEMENT BRIEFING SEMINARS

Nissan exec wants faster customer satisfaction feedback

1:02 pm U.S. ET | Aug. 6, 2014
Nissan will attempt to speed up feedback from car shoppers and move beyond widely accepted customer-satisfaction practices, Nissan's top sales executive for the United States said today....
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2014 MANAGEMENT BRIEFING SEMINARS

N.A. auto market seen outshining other regions, despite threats

1:09 pm U.S. ET | Aug. 5, 2014
Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today....
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2014 MANAGEMENT BRIEFING SEMINARS

Auto sales suffer when young adults work only part-time, economist says

3:25 pm U.S. ET | Aug. 5, 2014
New-vehicle sales are climbing steadily, but they are still depressed by a lack of full-time jobs for young adults, an economist said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity....
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Used-vehicle prices to fall 5% by 2017 as supply recovers, ALG says

2:29 pm U.S. ET | Aug. 4, 2014
Used-vehicle prices in the U.S. are poised to fall as the supply increases because rebounding new-vehicle sales are putting more trade-ins on dealer lots, TrueCar Inc.'s ALG division said....
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Kia aims to take lead on leads

12:01 am U.S. ET | Aug. 4, 2014
Kia Motors America wants to cut its outsize dependence on third-party shopping sites for online sales leads. Now, 80 percent of the online leads Kia sends to dealerships come from third-party vendors or sources other than its retail Web site. Kia wants to reduce the figure to 55 percent....
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U.S. sales of luxury brands through July outpace overall market

12:01 am U.S. ET | Aug. 4, 2014
Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year....
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Sales streaks in a sizzling market

12:01 am U.S. ET | Aug. 4, 2014
Chrysler Group led major automakers with a 20 percent gain in U.S. sales for July. It was the 52nd consecutive month of year-over-year increases for the once-bankrupt company....
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GM bulks up for growing fleet battle

12:01 am U.S. ET | Aug. 4, 2014
This fall, GM will roll out the Chevrolet City Express small cargo van, a rebadged Nissan NV200 that will fill a key hole in GM's fleet lineup to match the Ford Transit Express and Ram ProMaster. GM also plans launches during the second half of the year of entries that could do brisk fleet business....
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GM stands by its 1990s vintage vans; Fleet exec says customers are content

12:01 am U.S. ET | Aug. 2, 2014
General Motors' full-sized commercial van -- sold as the Chevrolet Express and GMC Savana -- has officially become the old man of that mainstay fleet segment....
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Canada deliveries hit July record; Detroit 3 gain with trucks

2:16 pm U.S. ET | Aug. 1, 2014
Auto sales in Canada in July rose to a record high for the month, up 11.3 percent from a year earlier, an industry analyst said today, with strong truck sales pushing both Chrysler and Ford to record performances....
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Chrysler Group posts best July since 2005 on 20% gain

11:56 am U.S. ET | Aug. 1, 2014
Strong sales of SUVs, pickups and minivans pushed Chrysler Group's volume up 20 percent last month to its highest July U.S. sales in nine years....
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Higher incentives lift Ford cars, trucks

1:55 pm U.S. ET | Aug. 1, 2014
Strong retail sales and bigger incentives helped lift Ford's July volume 10 percent from a year ago to its best July performance in eight years. Ford sold 211,467 vehicles last month....
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Lexus jumps 19% for first monthly luxury win in almost a year

4:12 pm U.S. ET | Aug. 1, 2014
Lexus hasn't chased other luxury brands down-market with a sub-$30,000 car like the Mercedes-Benz CLA, yet Toyota's premium brand topped Mercedes and BMW in July for its first monthly sales win since August 2013....
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GM sales rise 9% on robust commercial-fleet sales, SUV demand

1:03 pm U.S. ET | Aug. 1, 2014
A jump in sales to commercial customers and stout demand for the redesigned GMC Yukon, Chevrolet Tahoe and other trucks propelled General Motors' July sales up 9 percent from a year earlier....
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Millennials top Gen X in new-car buying for first time

3:35 pm U.S. ET | Aug. 1, 2014
Millennials during the first half of the year surpassed Gen X in new-car purchases for the first time, signaling a growing transition in consumer preferences of affordability and sustainability over utility....
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Penske Q2 net income rises 18% on strong gains in all segments

7:30 am U.S. ET | July 30, 2014
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales....
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YANG JIAN

VW, Ford, Nissan eye China's entry-level market

4:35 am U.S. ET | July 28, 2014
Global automakers have long been reluctant to sell cheaper vehicles in China as they seek to protect their healthy profit margins. But now foreign automakers are moving into China's entry-level segment in a quest for market share....
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Honda pushes dealers for buyers' signatures on airbag liability

12:01 am U.S. ET | July 28, 2014
"I understand that if this used car I'm buying is in a crash, the airbag could kill me." That's the gist of a document that American Honda Motor Co. wants its dealers to require buyers of certain 2001-11 used Honda and Acura vehicles to sign....
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Auction Broadcasting sites get makeovers

12:01 am U.S. ET | July 28, 2014
Auction Broadcasting Co., expecting to increase its sales at least 20 percent in 2015, will improve seven of its eight auction sites in various ways by year end. Jason Hockett, president of the Indianapolis auction company, says the improvements include drive-thru photo booths and new or expanded reconditioning centers and body shops....
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Certified-used sales fall in June, expected to rise for year

12:01 am U.S. ET | July 28, 2014
Sales of certified used vehicles slipped in June for the first time in a year and a half. But analysts still predict certified sales will rise overall this year. Sales dipped 2 percent in June from a year earlier to 181,112, but still posted an 8 percent gain for the first half, to 1,133,588....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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