Sales

Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things'

1:30 pm U.S. ET | Aug. 19, 2014
Auto sales in the United States are approaching the highest levels that the market can sustainably support and could suffer long-term damage as automakers increasingly turn to subprime financing and seven-year loans to boost market share, the top sales executive at American Honda warned today....
Read More »

 

NICK BUNKLEY

Why Honda's John Mendel wants customers to buy a Treasury bond on wheels

3:28 pm U.S. ET | Aug. 19, 2014
Jittery stock market? Honda's John Mendel wants you to take your money out of Google, Apple and Tesla -- and put it in Hondas. Not Honda stock. Actual Hondas. They're like Treasury bonds on wheels, with cupholders....
Read More »

 

Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
Read More »

 

PRICE WATCH

Falling used-vehicle values threaten recovery

12:01 am U.S. ET | Aug. 18, 2014
The long-awaited decline in used-vehicle prices has finally arrived, only it may turn out to be steeper drop and a bigger threat to the overall market than almost anyone expected....
Read More »

 

Outside companies make inroads with inventory software

12:01 am U.S. ET | Aug. 18, 2014
Independent automotive software companies have begun to recognize the potential for inventory management analytics and now offer their own tools, with a price tag attached....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford Store borrows from Apple in bid to move brand upscale in Europe

Aug. 18, 2014 06:01 CET
Ford is the latest automaker to borrow ideas from tech giant Apple. The automaker is rebranding 500 European dealerships as Ford Stores ahead of launching its new Vignale premium trim line....
Read More »

 

China finds Mercedes guilty of price fixing, report says

Aug. 18, 2014 10:53 CET
Mercedes has been found guilty of manipulating prices for aftersales services in China, the official Xinhua news agency reported. Foreign automakers have been under scrutiny in China amid reports by state media that they are overcharging consumers....
Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported....
Read More »

 

EDITORIAL

Slowdown ahead?

12:01 am U.S. ET | Aug. 18, 2014
Five years into a long, steady auto sales recovery, economists and forecasters are seeing darker clouds on the horizon....
Read More »

 

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....
Read More »

 

Audi, Mercedes gain on BMW in global sales race

Aug. 15, 2014 06:01 CET
Audi and Mercedes are closing in on global premium sales leader BMW as the race between the three tightened last month....
Read More »

 

Jobs growth slows at Japanese auto plants in U.S.

12:25 pm U.S. ET | Aug. 15, 2014
Japanese automakers and their suppliers added jobs in the United States at a slower pace in 2013 than in 2012, as they continued to expand in Mexico and elsewhere to reduce the impact of currency fluctuations....
Read More »

 

Ford, Chevy dangle new deals as U.S. sales, share lag

5:15 pm U.S. ET | Aug. 14, 2014
Ford and Chevrolet are getting a jump-start on summer clearance deals to spur sluggish U.S. sales and stem market-share losses. The two top-selling brands in the United States have launched Labor Day and summer promotions offering 0 percent financing for 72 months across wide swaths of their lineups. Chevy is sweetening the deal with 90 days of deferred payments on some of its most popular nameplates....
Read More »

 

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....
Read More »

 

UK dealer Lookers expects record full-year profit

Aug. 13, 2014 09:25 CET
Britain's fourth-largest car dealer, Lookers, expects to post a full-year pretax profit of more than 60 million pounds (75 million euros) after record sales lifted its pretax profit by 36 percent in the first half....
Read More »

 

Skoda sales rise 19% in July

Aug. 13, 2014 10:25 CET
Skoda said today its global sales in July rose 19 percent to 82,800 units, the most ever for that month and biggest monthly increase so far this year....
Read More »

 

GM hails Opel dealership take-up in European turnaround plan

2:37 pm U.S. ET | Aug. 12, 2014
General Motors' European transformation is gathering pace, with the vast majority of its former Chevrolet dealers in the region now selling only Opel-branded vehicles to boost the once-flagging brand, the automaker said today....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, others lead shake-up of once-closed Korea

Aug. 11, 2014 06:01 CET
Korean automakers may threaten the global dominance of automakers such as Volkswagen and Toyota, but they are losing ground at home to foreign brands -- especially premium automakers such as BMW and Mercedes....
Read More »

 

Jaguar Land Rover helps parent Tata triple Q1 profit

Aug. 12, 2014 01:20 CET
Jaguar Land Rover's surging vehicle sales and rising profit helped parent Tata Motors triple its first-quarter net income. JLR's pre-tax profit more than doubled to 924 million pounds (1.2 billion euros) during the quarter....
Read More »

 

Stocks stay on target -- with help

12:01 am U.S. ET | Aug. 11, 2014
With a little help from increased incentives, automakers kept U.S. inventories at near-ideal levels to start August....
Read More »

 

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?...
Read More »

 

Nissan closes U.S. sales gap with Honda with stylish designs, discounts

12:01 am U.S. ET | Aug. 10, 2014
Nissan, thanks to the launch of models that are getting high marks for styling, its wider range of vehicles and aggressive discounting, is catching up with Honda. In the next couple of years it could easily pass its rival in U.S. car sales for the first time since 1987....
Read More »

 

Recovery on track as western Europe car sales rise 5%

Aug. 8, 2014 06:01 CET
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, bringing sales for the first seven months to 7.4 million, according to analyst LMC Automotive....
Read More »

 

BMW's global sales advance 8% in July but lead over Audi shrinks

7:35 am U.S. ET | Aug. 8, 2014
BMW's global lead over German rival Audi is shrinking, despite increasing deliveries in July, as the luxury-car leader posts lower volume growth in the United States and Europe. July was the third month this year that saw Audi outsell BMW, which has been the luxury sales leader since overtaking Mercedes-Benz in 2005....
Read More »

 

BMW deliveries rise 8 percent in July

Aug. 8, 2014 10:40 CET
BMW said its July group deliveries rose 8 percent to 163,959 vehicles, helped by growth at its core brand....
Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand


Rocket Fuel