Vehicle Sales

ARLENA SAWYERS

BLOG: Bidding goodbye to Black Book's Beggs

2:34 pm U.S. ET | March 31, 2015

After 34 years at Black Book, Ricky Beggs is retiring on April 1. That such a fixture of the used-car world would retire seems like an April Fools’ joke. But it’s not; he’s really retiring....
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Low oil prices drive bullish forecasts for U.S. sales

11:42 am U.S. ET | March 31, 2015

The US auto industry appears to be firmly in the fast lane, at least for the next two years. New-car sales are on track to expand for a sixth consecutive year in 2015 and face few major risks to the streak in 2016, economists said here today at the NADA/J.D. Power Automotive Forum....
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Consumers cry out for better dealership experience

7:00 pm U.S. ET | March 30, 2015

Nearly nine in 10 consumers say they wouldn't buy a car without test driving it first. But a substantial majority -- 70 percent -- would like to be able to test drive multiple vehicles across brands at a single location, without the pressure of a salesperson riding with them, a study of car-buying preferences found....
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JAMES B. TREECE

BLOG: Care about new-car sales? Keep an eye on CPO sales

12:53 pm U.S. ET | March 30, 2015

Can the robust CPO market handle the rising tide of used-vehicle supply? That's one of the critical questions facing everyone in the used-car market -- and the new-car market, too....
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FCA dealers strain to deliver 5-year winning streak

12:01 am U.S. ET | March 30, 2015

Fiat Chrysler will achieve five full years of U.S. monthly sales gains — if it can post an increase for March. The streak has been propelled by daunting sales goals set for each dealership. For a typical mid-sized store, about $100,000 of net profit is in play each month....
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Big year shapes up for Jeep's global expansion

12:01 am U.S. ET | March 30, 2015

With the first Italian-made Jeep, the Renegade subcompact SUV, rolling into U.S. dealerships this month, brand head Mike Manley says global expansion will continue this year, with new plants in Brazil and China....
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Fewer photos prevents 'image fatigue,' used-car shopper report says

4:04 pm U.S. ET | March 24, 2015

Too many photos in online used-vehicle listings can cause “image fatigue” for consumers, a study released today found. The optimal number? Nine....
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LARRY P. VELLEQUETTE

BLOG: Why March 30-31 might be the greatest two days of deals at FCA dealerships

3:52 pm U.S. ET | March 20, 2015

Monday and Tuesday, March 30-31, probably will be the most advantageous days of the foreseeable future for US consumers to buy a new Fiat Chrysler vehicle. Why? Because of the "Iron Man" sales streak....
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Calif. recall bill would tighten used-car loopholes

12:01 am U.S. ET | March 20, 2015

California lawmakers are considering potentially precedent-setting legislation designed to protect consumers from unknowingly buying used vehicles that have been recalled but not repaired....
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Automakers stay in Russia despite risk of high losses

March 19, 2015 12:39 CET

Automakers such as Volkswagen, Renault and Ford continue to compete for market share in Russia, even as GM scales back in the country. Companies risk losing as much as $2,000 on each car sale, according to a Russian dealership association....
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Penske launches digital sales pilot

12:01 am U.S. ET | March 16, 2015

Penske Automotive Group is launching an online sales pilot program it calls "Preferred Purchase," which enables customers to handle much of a transaction online. The pilot this week will be available on the websites of five Florida stores and six Washington-area stores....
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YANG JIAN

BLOG: Why Land Rover leads among China's second-tier luxury brands

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

Land Rover has remained China's fourth-largest luxury brand behind Audi, BMW and Mercedes for two years in a row. The fact it has started to build SUVs in China seems likely to strengthen its position as the leader among China's second-tier luxury automakers....
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Ford's new F-150 gets resale boost from fuel economy

10:26 am U.S. ET | March 12, 2015

The resale value of Ford's new 2015 F-150 pickup jumped more than 11 percent over last year's model as improved fuel efficiency outweighed concerns over repair costs for its aluminum body, according to TrueCar's ALG division....
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NICK BUNKLEY

BLOG: Why the F-150 pricing 'gravy train' will eventually slow down

3:35 pm U.S. ET | March 12, 2015

Even Ford executives admit being surprised at how fast transaction prices on pickups keep rising. Not that they're complaining, of course....
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China may be biggest market, but U.S. still richest

11:21 am U.S. ET | March 10, 2015

China may be the world's biggest auto market, but the U.S. is still the richest when it comes to the value of new sales. According to a study by TrueCar, the total value of new-vehicle sales in the U.S. still exceeded the total value in China by as much as $161 billion last year....
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Audi outsells Mercedes again in February

March 9, 2015 12:01 CET

Audi said global vehicle sales rose 4.2 percent in February as the carmaker benefited from its revamped model lineup and strong sales of the A3 compact model line. The automaker outsold premium rival Mercedes for a second straight month....
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Manheim offers a la carte services

12:01 am U.S. ET | March 9, 2015

Manheim, the nation's largest auto auction company, is unbundling services that it had offered only on vehicles that dealers bought or sold through its auctions. The company will offer vehicle acquisition, inspection, reconditioning, transportation and other services a la carte....
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Euro weakness, exports lift southern Europe car output

March 6, 2015 06:01 CET

While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's carmakers is a little less bumpy thanks to the weak euro, cheaper oil and labor reforms. Fiat, Ford and GM have boosted output in Spain and Italy....
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Lower oil prices to boost global auto sales 1.5%, forecast says

9:53 am U.S. ET | March 5, 2015

Falling oil prices will boost global auto sales 1.5 percent through 2019, with the biggest windfalls coming in North America, IHS Automotive said in a new forecast....
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Fiat brand will never again be a mass-market player in Europe, Marchionne says

March 4, 2015 19:42 CET

The Fiat brand will never again be a mass-market marque in Europe, Fiat Chrysler CEO Sergio Marchionne said. The change reflects Fiat's increasing strategic emphasis on profit and brand discipline....
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AutoNation's 8% sales gain beats market for Feb.

11:14 am U.S. ET | March 4, 2015

AutoNation said its new-vehicle retail sales jumped 8 percent in February compared to a year earlier, reaching 23,780 new units....
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Chevy Bolt EV variant may be sold as an Opel in Europe, sources say

March 4, 2015 19:08 CET

General Motors may sell a version of the Chevrolet Bolt electric car in Europe as an Opel/Vauxhall model, company sources said....
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Lexus jumps back into U.S. luxury race; BMW tops Mercedes

3:39 pm U.S. ET | March 3, 2015

With a new entry in the hot-selling compact crossover segment, Toyota's Lexus brand has gotten itself back in the hunt for the U.S. luxury auto-sales crown....
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Fiat Chrysler Canadian sales top Ford in February; GM, Toyota rise

2:14 pm U.S. ET | March 3, 2015

Fiat Chrysler Automobiles topped February sales in Canada, handily beating Ford, which posted lower car and truck sales, according to company sales data....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET

Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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