Sales

GM ekes out gain; retail up as fleet falls

8:33 am U.S. ET | Feb. 2, 2016

General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health....
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Jeep and Dodge lift FCA to another increase

8:33 am U.S. ET | Feb. 2, 2016

Fiat Chrysler sales rose 6.9 percent in January as big increases by Jeep and Dodge offset sharp declines for the Chrysler and Fiat brands....
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Canadian sales jump 10% after record year

2:04 pm U.S. ET | Feb. 2, 2016

Automakers reported a robust 10 percent gain in Canada for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015....
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Lexus reports record global sales in 2015; aims higher in 2016

6:39 am U.S. ET | Feb. 2, 2016

Lexus may not have reclaimed the U.S. luxury sales title in 2015, but by any other measure, it was a champion year for the Japanese premium brand....
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French automakers lose ground to rebounding VW

Feb. 1, 2016 13:04 CET

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen....
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GM gains conquest sales through Costco Auto promotion

2:22 pm U.S. ET | Feb. 1, 2016

Sales generated under a holiday promotion to sell GM vehicles to Costco members were 34 percent higher than the previous year, and over half of those sales were to people who switched from other brands, Costco said today....
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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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Hyundai posts first monthly global sales decline since July

6:25 am U.S. ET | Feb. 1, 2016

Hyundai's sales fell for the first time in six months in January, dragged down by demand in emerging markets including China, Brazil and Russia....
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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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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How Opel, Ford will make Europe a reliable profit source after years of struggle

Jan. 31, 2016 06:01 CET

Ford and General Motors' European units have both suffered tough times in recent years but 2016 looks likely to be different. GM Europe is set to break even, while Ford of Europe expects to become the money-making machine it was from 2004 until 2011....
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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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Germany considers $5,500 incentive for electric cars

Jan. 29, 2016 16:07 CET

German politicians will discuss creating incentives worth up to $5,500 to boost sales of electric and plug-in hybrid cars, and may consider whether automakers could co-finance the new subsidies....
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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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Michigan may see ballot petition to allow direct vehicle sales

5:00 pm U.S. ET | Jan. 28, 2016

A recent University of Michigan graduate who aspires to work in politics is launching a ballot petition drive to allow automakers to sell new vehicles directly to Michigan consumers....
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AMY WILSON

BLOG: Sales reporting transparency? Yeah, right

5:32 pm U.S. ET | Jan. 28, 2016

After a nearly six-year run, AutoNation will stop reporting monthly sales. Why? “I've given up,” CEO Mike Jackson says....
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Snow put damper on January U.S. sales, but demand expected to rebound

2:23 pm U.S. ET | Jan. 27, 2016

Last weekend's big snowstorm took a big bite out of January's U.S. new-vehicle sales, but analysts and dealers said they expect demand to rebound in February and March, keeping the industry on track for a second consecutive record year....
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FCA to idle plant that makes Chrysler 200 for six weeks

1:58 pm U.S. ET | Jan. 27, 2016

Fiat Chrysler Automobiles said it will idle its plant in Sterling Heights, Mich., which makes the midsize Chrysler 200 sedan, for six weeks starting on Monday....
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Toyota stays top-selling automaker for fourth year as VW retreats

Jan. 27, 2016 10:40 CET

Toyota stayed the world's top-selling automaker for the fourth straight year and was the only company to deliver more than 10 million vehicles as Volkswagen fell back amid its emissions scandal....
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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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Mercedes plans U.S. sales of E-class variants in 2017

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

Mercedes-Benz will begin introducing variants of its redesigned E-class sedan in the U.S. in 2017. They include plug-in hybrid, diesel and AMG versions....
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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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