Sales

Ford of Europe sales rise 12% in March on German, UK demand

April 15, 2014 15:53 CET
Ford said European car sales increased 12 percent in March, the 10th straight monthly gain, as customers snapped up small vehicles and compact SUVs.... Read More »

 

DAVE GUILFORD

Autos' enthusiasm for emerging markets hits brakes

2:11 pm U.S. ET | April 15, 2014
Global automakers have jostled to position themselves for growth, particularly in the much-touted BRIC markets -- Brazil, Russia, India and China. But that growth formula has been looking a little less solid lately. Tension with Russia over the annexation of Crimea, with the prospect of stiffer trade sanctions, has rattled automakers' confidence.... Read More »

 

Customers' luxury motivation turns to self-reward, execs say

1:48 pm U.S. ET | April 15, 2014
The definition of luxury automotive brands, and the motivation of luxury-car shoppers, is changing from an outward-directed display of wealth to a self reward for a successful customer. That was the conclusion of a panel of luxury-brand executives at the NADA/J.D. Power Automotive Forum in New York today.... Read More »

 

Economists: Global GDP growth on the rise, but BRICs disappoint

11:14 am U.S. ET | April 15, 2014
The global economy will do “fairly well” in the coming years, with the United States economy leading the way, while Europe “has turned a corner,” a leading economist said.... Read More »

 

BMW i3 production boosted 43% in preparation for U.S. launch

April 15, 2014 13:05 CET
BMW has ramped up production of its i3 electric car to 100 vehicles a day, ahead of its launch in the United States this month, board member Harald Krueger said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Opel will focus on crossovers to boost sales and return to profit, CEO says

April 15, 2014 06:15 CET
Opel will focus on crossovers as part of its product push to boost sales and return to profit, Opel CEO Karl-Thomas Neumann said.... Read More »

 

Ford expects boost from EcoSport SUV

April 15, 2014 06:15 CET
Ford says its EcoSport small SUV could become one of the company's best-sellers in Europe if it receives enough product supply from India.... Read More »

 

Mercedes dealers in U.S. could be overwhelmed by wave of off-lease vehicles, remarketing boss says

6:18 pm U.S. ET | April 14, 2014
Mercedes-Benz USA expects its dealership network to be overwhelmed by a tsunami of off-lease vehicles at some point, forcing the brand increasingly to sell those vehicles through non-Mercedes dealers.... Read More »

 

Opel may break even before 2016, report says

April 14, 2014 15:34 CET
Opel may break even before its 2016 deadline, a report said, citing an interview with CEO Karl-Thomas Neumann.... Read More »

 

March sales melt winter's frozen stocks

12:01 am U.S. ET | April 14, 2014
Brisk light-vehicle sales in March sharply reduced supply levels that had built up on U.S. dealership lots in January and February.... Read More »

 

Nissan sells dealers on new spiff strategy

12:01 am U.S. ET | April 14, 2014
Nissan's U.S. chief is convinced that a dealer sales incentive program launched nationally on April 1 will make his retailers bigger and richer, and propel Nissan toward its goal of a 10 percent U.S. market share.... Read More »

 

Less reliance on fleet sales in March

12:01 am U.S. ET | April 14, 2014
Automakers continue to cut their reliance on U.S. fleet sales as car rental companies strategically reduce vehicle purchases.... Read More »

 

LINDSAY CHAPPELL

Why new world Tesla needs old world factory relief

7:27 am U.S. ET | April 12, 2014
Despite all the ongoing Wall Street chatter about Tesla, there really is a larger issue closer at hand worth watching: How long will it take Tesla to sort out its manufacturing blocking and tackling?... Read More »

 

YANG JIAN

Compact SUVs to shine at Beijing show

5:58 am U.S. ET | April 11, 2014
Ten years ago, many Chinese could not afford a car, but today not only can they afford one, they are getting picky about which vehicle to buy -- and they're increasingly opting for compact SUVs.... Read More »

 

China sales rise 7.9% in March; GM tops VW in Q1

9:27 am U.S. ET | April 11, 2014
Sales of passenger vehicles in China gained 7.9 percent last month as consumers purchased cars on concerns that more cities may start limiting new license plates. Wholesale deliveries climbed to 1.7 million units in March, the state-backed China Association of Automobile Manufacturers said today.... Read More »

 

VW Group sales rise 8% in March as Europe recovers

April 11, 2014 11:20 CET
VW Group increased vehicle sales 8 percent in March, with gains in Europe and China offsetting declines in the United States and Brazil. First-quarter sales rose 6 percent to a record 2.4 million.... Read More »

 

YANG JIAN

Compact SUVs to shine at Beijing show

5:58 am U.S. ET | April 11, 2014
Ten years ago, many Chinese families could not afford a car. Today, not only can they afford one, but they are getting picky about which vehicle to buy and they're increasingly opting for compact SUVs.... Read More »

 

European car market rebound on track, but discounting persists

April 11, 2014 06:01 CET
Western Europe's 7 percent first-quarter rise in new-car sales has some market watchers adjusting their full-year forecasts upward, but economic risks remain and profit-robbing car discounting continues.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Lamborghini CEO predicts record results for newest supercar

April 11, 2014 06:15 CET
Lamborghini's newest supercar, the Huracan, will have the best sales year of any model in the automaker's 51-year history in 2015, CEO Stephan Winkelmann told Automotive News Europe.... Read More »

 

Skoda posts best-ever March sales

April 10, 2014 15:32 CET
Skoda's global sales rose 15 percent in March to a record 96,100 vehicles, powered by robust demand for the Rapid, Yeti and Octavia.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Jaguar counts on XE, first crossover to reach ambitious sales goal

April 10, 2014 06:15 CET
Jaguar is counting on the new XE sedan and a forthcoming crossover to help boost Jaguar Land Rover's global vehicle sales to 750,000 by the end of the decade, up from an all-time high of 425,000 last year.... Read More »

 

Cadillac, Buick top service satisfaction rankings for 1st time

1:00 pm U.S. ET | April 9, 2014
Cadillac overtook Lexus to top a survey of customer satisfaction with luxury dealership service departments, giving General Motors twin victories in a study by JD Power and Associates. Buick led the mainstream category, ahead of GMC and Chevrolet in the top five.... Read More »

 

Daimler to increase cost cuts to narrow profit gap with BMW, Audi

April 9, 2014 15:39 CET
Daimler will continue to cut costs at Mercedes-Benz to help its premium brand narrow the profitability gap with rivals BMW and Audi.... Read More »

 

Rainbow PUSH targets new imbalance with Japan

11:36 am U.S. ET | April 9, 2014
Mention trade deficits with Japan, and the phrase usually conjures the 1980s trade wars with Tokyo over the flood of made-in-Japan imports to the United States. But for civil rights leader Jesse Jackson, there is a new trade gap with Japan.... Read More »

 

Re-engineered Ram Power Wagon gets new frame, bigger tires

9:00 am U.S. ET | April 9, 2014
The re-engineered 2014 Ram Power Wagon will use a new frame, bigger tires and a five-link coil suspension to improve on-road performance and off-road ability.... Read More »

 

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