Sales

GM to re-enter medium-duty commercial truck market

12:01 am U.S. ET | June 22, 2015

General Motors is returning to the medium-duty commercial truck business in the U.S. next year after a seven-year hiatus, a move that GM believes will lead to more sales of pickups, vans and other trucks to fleet buyers....
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Mercedes's $230,000 Maybach S class defies China's cooling luxury market

June 21, 2015 06:01 CET

Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year when it targeted the super-rich with a stand-alone model....
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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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PSA will open Morocco plant to cut costs, lift emerging market sales

June 19, 2015 15:14 CET

PSA/Peugeot-Citroen unveiled plans to build a Moroccan factory as the carmaker seeks to boost sales in Africa and reduce its reliance on Europe following a brush with bankruptcy. The Morocco-built models are likely to replace the Peugeot 301 and Citroen C-Elysee sedans produced in Spain....
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Daimler sells 15 German Mercedes dealerships to Chinese investor

June 19, 2015 17:03 CET

Daimler said it is selling 15 Mercedes-Benz dealerships in eastern Germany to a unit of China's Lei Shing Hong Group in a bid to lift profitability....
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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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YANG JIAN

BLOG: VW pays the price for failing to respond to evolving customer needs in China

5:00 am U.S. ET | June 19, 2015

After outperforming the market for almost a decade, Volkswagen, the top-selling brand in China, has begun to lose market share as the economy slides and the automaker becomes less responsive to evolving consumer needs....
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Renault's Duster Oroch heralds push into pickups

June 19, 2015 10:46 CET

Renault unveiled the Duster Oroch no-frills pickup truck aimed at the Latin American market as the automaker bets on resilient demand in the region and hopes to build on the success of its Duster SUV....
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Chinese group seeks to buy more Mercedes dealerships in Germany

June 18, 2015 11:14 CET

Lei Shing Hong, the world's largest Mercedes dealership group, is on the lookout for further sales outlets in Germany to develop techniques for operating in a mature market. After years of growth, cooling demand is forcing dealers in China to look beyond new-car sales to generate revenue....
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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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PSA will build Bollore electric car in France

June 17, 2015 10:43 CET

PSA/Peugeot-Citroen will build the Bollore Bluesummer electric car at its factory in Rennes, western France. The boxy convertible, which has a basic design similar to Citroen's iconic Mehari, will be sold through Citroen dealerships....
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European car sales recovery slows in May

June 16, 2015 08:59 CET

The recovery in European car sales slowed down in May as buyers' concerns about unemployment and the Greek sovereign debt crisis held back demand. Sales were also hit by fewer business days....
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Honda sees tiny HR-V scoring home run even as gas prices rise

6:37 am U.S. ET | June 16, 2015

Honda has sold 6,381 of its new HR-V crossover in two weeks, triple what any other automaker has managed in the first month with a new model in the segment. That has led the company to weigh its options to meet the better-than-expected demand....
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Daimler to sell Mercedes dealerships to Chinese firm, report says

June 16, 2015 17:31 CET

Daimler is set to agree a deal to sell some Mercedes dealerships in eastern Germany to China's Lei Shing Hong, a German newspaper reported....
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Germany may increase support for electric cars

June 16, 2015 10:56 CET

The German government is examining increased support to help bring 1 million electric cars onto the country's roads by the end of the decade. Unlike other European countries, Germany has so far refused to provide generous EV sales incentives....
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Audi sales rise 1.2% in May as Europe, U.S. gains offset China slide

June 15, 2015 12:09 CET

Audi's global vehicle sales rose by 1.2 percent in May as gains in Europe and the U.S. offset lower volume in China. Audi sales in China fell 1.6 percent, the first drop in the carmaker's biggest market since February 2013....
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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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One-price growing pains and gains

12:01 am U.S. ET | June 15, 2015

When dealer Lee Payne moved his two Golden, Colo., stores to a one-price model in early 2013, he quickly realized it was going to be expensive and painful. Here's how he made the switch, and the hurdles he faced and overcame....
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VW, FCA, GM at risk as Brazil slump worsens

June 14, 2015 06:15 CET

VW, Fiat Chrysler, GM and Ford are all likely to be hit hard by a downturn in Brazil's auto industry this year that's expected to be the worst since 1998, according to the national automakers association Anfavea....
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New Infiniti N.A. chief sees positive trend

12:01 am U.S. ET | June 14, 2015

Infiniti's new Americas chief Randy Parker sees the Q50 sales gains as a positive sign for a brand as it waits for new product....
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Despite Russian woes, Mitsubishi limits fleet sales

12:01 am U.S. ET | June 13, 2015

Russia's economic crisis is hurting Mitsubishi's U.S. factory, which relies on exports of the Outlander Sport, but Mitsubishi is refusing to use fleet sales as a solution....
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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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Mercedes adds India output of GLA in bid to regain luxury-car lead in market

June 12, 2015 12:42 CET

Mercedes is boosting local output in India by adding production of the GLA at its factory in Pune. The automaker expects the move will help it lower the crossover's starting price, which should give Mercedes a sales lift as it tries to pass Audi for the market's premium-car lead....
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