Vehicle Sales

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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Ford's China sales rise 4% in May

7:30 am U.S. ET | June 5, 2015

Ford and its Chinese joint ventures sold 91,013 vehicles in China in May, up 4 percent from a year earlier, the company said today....
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GM sales slump deepens in China even after price cuts

5:46 am U.S. ET | June 4, 2015

GM reported a second consecutive month of sales declines in China, its largest market, despite cutting prices on 40 models across its Buick, Chevrolet and Cadillac brands....
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Toyota Motor Sales off 0.3%, despite big truck haul

4:00 pm U.S. ET | June 2, 2015

Toyota Motor Sales posted a 0.3 percent decline in May sales from a year earlier, as the continued strength of its light trucks failed to offset losses across nearly its entire car lineup. With demand for light trucks strong, Toyota is feeling the same inventory pinch as it did in April....
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Pickups, crossovers propel GM to 3% gain; car sales slide again

12:30 pm U.S. ET | June 2, 2015

GM rode strong retail sales and surging demand for pickups and crossovers to a 3 percent U.S. sales gain in May, offsetting continued weakness in car deliveries. Total sales of 293,097 marked GM's strongest monthly result since August 2008. Sales to individual buyers rose 7 percent, while fleet deliveries fell 7.6 percent....
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Hyundai Group slips amid shift to big SUVs, crossovers

4:15 pm U.S. ET | June 2, 2015

Hyundai Motor Group reported a 3.8 percent decline in U.S. sales for May, driven by a significant decline at the Hyundai unit. The Hyundai brand is hurting with its sedan-heavy lineup as consumers gravitate toward SUVs and crossovers....
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FCA retains lead in Canada despite minivan shortage

2:09 pm U.S. ET | June 2, 2015

Fiat Chrysler Automobiles led Canada in May sales with deliveries edging up by 119 vehicles from a year earlier to 31,617 cars and trucks, as a rise in Jeep and passenger car sales helped offset lower minivan sales....
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JESSE SNYDER

BLOG: Subaru hot; Hyundai-Kia not; Ford's cozy spot

5:15 pm U.S. ET | June 2, 2015

May was a great sales month for the U.S. auto industry, everything a marketer could ask for. Spectacular selling rate, strong pricing power, modest incentives and volume well above expectations....
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FCA sales up 4%, back over 200,000 vehicles

12:45 pm U.S. ET | June 2, 2015

Brisk demand for Jeep and the Chrysler 200 pushed Fiat Chrysler sales up 4 percent in May. The automaker posted U.S. sales of 202,227, marking its 62nd consecutive month of year-over-year sales gains — and its first time over 200,000 vehicles since March 2007....
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