Vehicle Sales

Fiat brand will never again be a mass-market player in Europe, Marchionne says

March 4, 2015 19:42 CET
The Fiat brand will never again be a mass-market marque in Europe, Fiat Chrysler CEO Sergio Marchionne said. The change reflects Fiat's increasing strategic emphasis on profit and brand discipline....
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AutoNation's 8% sales gain beats market for Feb.

11:14 am U.S. ET | March 4, 2015
AutoNation said its new-vehicle retail sales jumped 8 percent in February compared to a year earlier, reaching 23,780 new units....
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Chevy Bolt EV variant may be sold as an Opel in Europe, sources say

March 4, 2015 19:08 CET
General Motors may sell a version of the Chevrolet Bolt electric car in Europe as an Opel/Vauxhall model, company sources said....
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Lexus jumps back into U.S. luxury race; BMW tops Mercedes

3:39 pm U.S. ET | March 3, 2015
With a new entry in the hot-selling compact crossover segment, Toyota's Lexus brand has gotten itself back in the hunt for the U.S. luxury auto-sales crown....
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Fiat Chrysler Canadian sales top Ford in February; GM, Toyota rise

2:14 pm U.S. ET | March 3, 2015
Fiat Chrysler Automobiles topped February sales in Canada, handily beating Ford, which posted lower car and truck sales, according to company sales data....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET
Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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Report: Prices of used cars to tumble as supply rises

12:01 am U.S. ET | March 2, 2015
Prices of used cars and light trucks up to 5 years old will drop 3 to 4.5 percent this year, fueled by a rising supply of the vehicles and an increase in off-lease volume....
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Snowbound New England dealers miss strong Feb. sales

1:15 pm U.S. ET | Feb. 27, 2015
As Massachusetts recovers from 100 inches of snow in recent weeks, many dealers there are reporting weaker-than-expected February sales, operational losses and lack of space because of massive snow piles. And New England missed out on an otherwise robust month for US auto sales....
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Tata plans image lift for ultracheap Nano

6:43 pm U.S. ET | Feb. 24, 2015
Tata Motors, producer of the car conceived as the world's cheapest, is rethinking the “cheap” part of it. The Indian automaker believes its Nano, which went on sale in 2009 with a price tag of about $2,500, may have been too inexpensive for its own good....
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ADESA bows out of multiple platform auction sales

7:52 pm U.S. ET | Feb. 23, 2015
After investing nearly two years and “several million dollars” to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital services....
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Tesla: The one company that can get Kochs, Sierra Club to see eye to eye

12:01 am U.S. ET | Feb. 23, 2015
The Koch brothers' businesses market fossil fuels and turn forests into toilet paper. The Sierra Club, well, doesn't do those things. But on this much they agree: Tesla should be able to sell its electric cars directly to consumers....
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Salvage auction does a bang-up business

12:01 am U.S. ET | Feb. 23, 2015
Salvage auto-auction company Insurance Auto Auctions Inc., sibling to auction giant ADESA, has been on a growth spurt since December 2013. In that time, it has opened, acquired, reopened, moved or expanded sites in 13 markets. The moves were necessary to meet the demand of quickly disposing of wrecked vehicles, says CEO John Kett....
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VW sees 'banner year' for certified-used sales

12:01 am U.S. ET | Feb. 23, 2015
Volkswagen division's certified used-vehicle sales rose 17 percent last month to 7,675. It was the brand's best certified used-vehicle sales for a January and the beginning of a "banner year," said Michael Ashton, VW's senior manager of CPO and used-vehicle operations....
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Black Book's Beggs to retire April 1

3:33 pm U.S. ET | Feb. 17, 2015
Ricky Beggs, senior vice president and editorial director for Black Book, will retire April 1, the company said today....
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Nissan needs more supply to hit U.S. goal

12:01 am U.S. ET | Feb. 16, 2015
Nissan's growth in U.S. sales and market share will force it to squeeze more vehicles out of its North American factories or find factory space in Asia. Without added supply, the automaker's target of 10 percent U.S. market share will be hard to reach, says Jose Munoz, Nissan North America chairman....
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Taurus 101: It's a sales ranking, not a class

12:01 am U.S. ET | Feb. 16, 2015
Ford rocked the auto world 30 years ago, and became a player again in the U.S. midsize sedan wars, when it replaced the slow-selling LTD with the pleasingly aerodynamic, front-wheel-drive Taurus. But the old magic is gone. The Taurus has fallen on hard times, along with the entire large sedan segment....
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The numbers tell the story: Toyota's back

12:01 am U.S. ET | Feb. 16, 2015
Some questioned whether Toyota could re-create its glory days after the one-two punch of unintended acceleration and earthquake/tsunami in the early part of this decade. Of course, it has....
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Fleet sales rose faster than retail in January

12:01 am U.S. ET | Feb. 16, 2015
Fleet sales outpaced retail in January, rising 20 percent among major players compared with 13 percent for vehicles sold by dealers....
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Ford's European car sales rise nearly 10% in January

Feb. 12, 2015 11:16 CET
Ford said vehicle sales in its 20 core European markets rose 9.8 percent in January, outpacing a 6.5 percent gain for the overall region. Ford's growth was driven by strong demand for the latest Mondeo, its compact and subcompact SUVs, and the Fiesta....
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VW sees tough year after Europe, China slip in January

Feb. 11, 2015 11:50 CET
VW brand is bracing for a challenging year after reporting that vehicle sales fell for a fourth straight month in January. VW was hit last month by shrinking demand in Europe and China....
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Honda shines in Best Cars for the Money awards

12:01 am U.S. ET | Feb. 11, 2015
Honda claimed nearly a third of US News & World Report's 2015 Best Cars for the Money awards, leading a pack of mostly import winners....
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GM faces roadblocks in rebuilding Cadillac brand

8:35 am U.S. ET | Feb. 10, 2015
GM CEO Mary Barra's strategy of rebuilding the Cadillac brand has run into twin roadblocks: the carmaker can't persuade enough American sedan buyers to switch from foreign competitors such as BMW or Mercedes, and it can't make enough of its Escalade SUVs to satisfy domestic demand....
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Renault-Nissan posts record 2014 sales but fails to gain ground on Ghosn's No. 3 goal

Feb. 10, 2015 11:02 CET
Renault-Nissan increased combined global vehicle sales by 2.5 percent to 8.47 million last year, but the alliance is no closer to CEO Carlos Ghosn's goal of becoming one of the world's top three automakers....
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Russian car sales may fall up to 35% in 2015, PwC says

Feb. 9, 2015 11:55 CET
Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. Sales fell 24 percent in January....
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Nissan operating profit nearly doubles on U.S. sales surge, weak yen

4:04 am U.S. ET | Feb. 9, 2015
Nissan's operating profit nearly doubled in its latest financial quarter, fueled by a favorable exchange rate and robust sales in North America....
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