Vehicle Sales

Margin squeeze hurts used-vehicle prices, economist says

1:03 pm U.S. ET | Feb. 5, 2016

The Manheim Used Vehicle Value Index dipped in January, registering only its second decline in the last eight months....
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Subaru parent says quarterly earnings rise 21%

6:52 am U.S. ET | Feb. 4, 2016

Subaru parent Fuji Heavy Industries reported a bigger-than-expected rise in third-quarter operating profit on strong sales of its Subaru cars and a favorable currency impact, keeping it on track to post a record full-year profit....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales

Feb. 4, 2016 06:01 CET

Jeep, Smart and Jaguar were the biggest winners last year in Europe, where overall vehicle sales rose 9 percent, exceeding initial analyst expectations of 3 percent growth at most....
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JANUARY 2016 U.S. SALES

Snowstorms drive sales down 0.4%; SAAR rises to 17.55 million

8:00 am U.S. ET | Feb. 2, 2016

U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million. Automakers posted stronger results than many forecasts had predicted for a month that began with stocks taking a dive and ended with the storm....
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Subaru posts record for January

4:52 pm U.S. ET | Feb. 2, 2016

Despite supply constraints, Subaru reported a record January and a U.S. sales increase of 0.7 percent compared with a year earlier to 41,101 vehicles....
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CarMax CEO Tom Folliard to retire by end of year

10:34 am U.S. ET | Feb. 1, 2016

CarMax CEO Tom Folliard will retire by the end of the year, the used-car retailer said today. He will be succeeded by Bill Nash, the executive vice president of human resources....
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Surge in end-of-lease cars seen pressuring prices in record sales year

6:51 am U.S. ET | Feb. 1, 2016

A surge in cars and SUVs coming out of leases have analysts predicting pressure on prices of both used and new models, curbing investor enthusiasm over sales records projected for this year....
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Toyota's fuel-thrifty Prius family may decrease as the automaker ponders strategy

12:01 am U.S. ET | Feb. 1, 2016

In early 2011, Toyota issued a bold prediction: The Prius family of vehicles would be Toyota's best-selling nameplate in the U.S. by the end of the decade. Five years later, things have changed....
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Can Nissan breach Fortress Detroit?

12:01 am U.S. ET | Feb. 1, 2016

Nissan wants to be king of the imports in Detroit, where it barely has a presence and imports barely matter....
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Cheap gas hits hybrid, EV residuals

12:01 am U.S. ET | Jan. 30, 2016

Beware! Falling gasoline prices are hitting the residual values of used hybrids, electrics and plug-ins - hard. The influx of used small cars set to return to the market is just going to make matters worse....
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GM, Lithia, Koons settle advertising allegations by FTC

1:38 pm U.S. ET | Jan. 28, 2016

GM and two dealership companies, Jim Koons Management and Lithia Motors, will settle allegations that they advertised cars as being carefully inspected when, in fact, they had unrepaired safety recalls, the FTC said....
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GM program 'just another channel'

12:01 am U.S. ET | Jan. 25, 2016

Dealers have responded warily to news that General Motors will insert itself into the used-car business, a key profit center at most dealerships. Here are details on how GM's Factory Pre-Owned Collection plan will work....
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YANG JIAN

BLOG: How GM zoomed past VW in China

12:01 am U.S. ET | Jan. 25, 2016

The Volkswagen Group was China's largest automaker in 2013 and 2014, but last year, General Motors regained top billing. How did VW lose bragging rights as China's No. 1 automaker?...
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YANG JIAN

How GM zoomed past VW in China

12:01 am U.S. ET | Jan. 25, 2016

The Volkswagen Group was China's largest automaker in 2013 and 2014, but last year, General Motors regained top billing. How did VW lose bragging rights as China's No. 1 automaker?...
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EDITORIAL

Monthly reports should give fleet, retail sales details

12:01 am U.S. ET | Jan. 25, 2016

Auto manufacturers and suppliers complain that Wall Street consistently undervalues the industry, arguing that automotive stocks unfairly trade at earnings multiples below those of companies in other sectors....
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JESSE SNYDER

Top '16 priority: Managing change

12:01 am U.S. ET | Jan. 25, 2016

U.S. auto sales are headed toward the longest growth streak in a century, but what counts is how healthy profits can pay for profound changes in the industry's future....
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Ford lets employees share discounts outside family

12:22 pm U.S. ET | Jan. 20, 2016

Through the end of February, Ford is letting employees and retirees share their discount on a new car or truck with anyone who has a competitive vehicle, according to a memo distributed to dealers....
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Pope's blessing

Fiat from Pope Francis' U.S. visit to be auctioned

12:59 pm U.S. ET | Jan. 20, 2016

The tiny black Fiat 500L that ferried Pope Francis to the White House and Congress during his historic first visit to the United States will be auctioned in Philadelphia next week, officials said today....
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McLaren adds 4 U.S. dealerships

12:45 pm U.S. ET | Jan. 20, 2016

McLaren Automotive has added four dealerships in the U.S. The newest retail locations for the sports-car maker are McLaren Bergen County in Ramsey, N.J.; McLaren Boston, McLaren Houston and McLaren Palm Beach....
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Audi unhurt, undaunted by diesel crisis

12:01 am U.S. ET | Jan. 18, 2016

Armed with fresh product in critical luxury segments, Audi is readying itself for another market-beating year, even as parent company Volkswagen trudges through its diesel crisis....
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2016 AUTOMOTIVE NEWS WORLD CONGRESS

Jackson to 'clueless': Prepare for plateau

12:01 am U.S. ET | Jan. 18, 2016

After years of booming auto sales, automakers and retailers in the U.S. are now entering the most treacherous phase of the industry's up-and-down cycle....
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China pushes down Rolls sales

12:01 am U.S. ET | Jan. 18, 2016

Rolls-Royce global sales fell last year because of a 54 percent decline in China -- despite a 6 percent increase in North America. Worldwide, Roll-Royce sales declined to 3,785 cars from a record 4,063 in 2014....
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GM to launch online portal for low-mileage used cars

8:00 am U.S. ET | Jan. 13, 2016

GM plans to launch an online service to sell low-mileage used cars to consumers nationwide, a bid to capture the growing number of car shoppers who prefer to browse digitally....
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Saab owner NEVS signs deal with China's Volinco

Jan. 12, 2016 15:39 CET

National Electric Vehicle Sweden, the company that bought Saab, signed a deal with China Volant Industry for 20,000 electric cars based on Saab's 9-3 sedan model. The deal will allow NEVS to access Volinco's high-tech component suppliers....
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PSA sales gain hit by China slowdown, weak Citroen

Jan. 12, 2016 09:00 CET

PSA/Peugeot-Citroen's global vehicle sales rose by just 1.2 percent last year as a China slowdown and emerging-markets slump almost cancelled out the benefit of a European auto recovery....
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