Vehicle Sales

Exec: Enterprise holds steady on program cars

12:01 am U.S. ET | Jan. 26, 2015
Unlike its two closest competitors, Hertz Corp. and Avis Budget Group Inc., Enterprise Holdings is not increasing the percentage of its 2015 fleet filled by program cars, vehicles for which the automaker takes responsibility for remarketing, said the executive in charge of the company's vehicle acquisitions....
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Used-vehicle prices finish 2014 strong

12:01 am U.S. ET | Jan. 26, 2015
Greater volumes of off-lease, retired rental and other used vehicles returned to the market last year, but overall values of used vehicles closed 2014 with prices in December registering year-over-year increases....
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Service lanes can become source of used-car inventory

2:00 pm U.S. ET | Jan. 24, 2015
Brian Benstock has found that his own service department is the best place to shop for used vehicles. When the general manager of Paragon Honda in Woodside, N.Y. needs a used car or truck of a certain model year, color and trim level, he searches his database and invites owners of those vehicles into his service department. He offers them discounts on maintenance work....
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Toyota may lose global sales lead to VW without new China strategy

Jan. 22, 2015 11:11 CET
Toyota remained the best-selling automaker worldwide in 2014 ahead of VW and GM, but the company may lose the sales crown this year as it falls behind in China, where rivals are expanding fast....
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Toyota keeps top spot despite strong VW challenge

2:16 am U.S. ET | Jan. 21, 2015
Toyota defended its crown as the world's biggest automaker in 2014, keeping a slim lead over Volkswagen. But Toyota forecast sales to slump 1 percent in the current calendar year, on the back of slowing demand in Japan and emerging markets....
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JIM HENRY

The lesson of the pizza delivery man

11:00 am U.S. ET | Jan. 21, 2015
Here’s a lesson for dealerships that run security cameras in the F&I office and elsewhere: Treat all store visitors well....
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Mazda looks to lift loyalty

12:01 am U.S. ET | Jan. 19, 2015
Mazda Motor Corp. hopes that quick midcycle makeovers and the addition of a compact crossover will lift the marque's brand loyalty rating closer to the industry average....
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December rally helps balance fleet and retail sales growth

12:01 am U.S. ET | Jan. 19, 2015
A year-end flurry of fleet sales at Chrysler Group, Hyundai-Kia and Toyota Motor Sales helped major automakers boost December fleet volume 19 percent. The December surge helped the seven best-selling automakers achieve balanced growth for the year: Both the group's retail sales and its fleet sales rose 6 percent in 2014....
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Russia car sales forecast to drop 24% as economic crisis worsens

Jan. 15, 2015 12:01 CET
Russian car sales are set to decline by 24 percent this year after falling 10 percent in 2014 as the country heads for recession. Major Western automakers including Ford, GM, and VW saw their Russian vehicle sales plunge steeply last year....
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ARLENA SAWYERS

How will the newest metal in Detroit hold up in the used market?

2:12 pm U.S. ET | Jan. 15, 2015
When analysts who examine used vehicles and establish prices for them look at an all-new or redesigned car or pickup, they study exterior styling, engine specs and technical innovations. The also weigh factors such as price, incentives, competitors and deliveries to rental fleets....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Analyst forecasts 17 million U.S. sales in 2015, 20 million in 2018

5:27 pm U.S. ET | Jan. 14, 2015
The US auto industry will sell over 17 million vehicles in 2015 and could reach 20 million in 2018, but expect a sharp downturn after that. So predicted John Murphy, lead US auto analyst for Bank of America Merrill Lynch....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

BMW looks at time as ultimate luxury

7:10 pm U.S. ET | Jan. 13, 2015
Time is one of the most sought-after luxuries, and the auto industry is using technology to give customers more of it, says Ian Robertson, BMW AG board member for sales and marketing....
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Cadillac will develop entry-level sedan, de Nysschen says

5:37 pm U.S. ET | Jan. 12, 2015
Cadillac President Johan de Nysschen said sales of the ATS compact sedan have been hurt by the Mercedes CLA and other lower-priced recent entries, and he plans to respond with an entry-level sedan of his own....
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Spending on cars trounces spending on houses in U.S.

12:01 am U.S. ET | Jan. 12, 2015
Think about it: $1.1 trillion. That's how much TrueCar estimates consumers spent on new and used vehicles in 2014, up 8 percent from 2013. By comparison, new-vehicle revenue alone surpassed the value of new single-family home sales in the U.S. by nearly three times....
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KBB forecasts 16.9 million in U.S. sales, powered by retail demand

4:25 pm U.S. ET | Jan. 11, 2015
Auto sales will grow in 2015, but the US industry will have to work harder for smaller gains in the sixth year of recovery, analysts from Kelley Blue Book predicted on Sunday....
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Barra sees U.S. auto market flattening out, but room for growth

10:41 am U.S. ET | Jan. 8, 2015
General Motors CEO Mary Barra said growth in the US auto market will flatten out this year, although a strong economy and falling gasoline prices should sustain demand....
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KAR Auction names Peter Kelly president of new digital group

1:53 pm U.S. ET | Jan. 8, 2015
KAR Auction Services, parent of ADESA, has named Peter Kelly president of its new Digital Services Group, effective immediately. Kelly, 46, co-founded Openlane in 1999 and has been KAR’s chief technology officer since 2013....
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Bentley sees new SUV spurring annual sales to 20,000

Jan. 7, 2015 12:07 CET
Bentley expects its first SUV to help almost double its vehicle sales after reporting record deliveries last year. The ultraluxury brand expects to increase annual sales to 20,000 units by 2020 after previously targeting 15,000 deliveries by 2018....
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AutoNation posts 12% sales gain in December

11:43 am U.S. ET | Jan. 6, 2015
AutoNation said its new-vehicle sales jumped 12 percent in December compared with a year earlier, reaching 33,069 vehicles....
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Record Czech car registrations in 2014 as economy recovers

Jan. 6, 2015 18:46 CET
Czech new-car registrations jumped 17 percent in 2014 to a record high of 192,314 units, with more growth seen this year....
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Ford fends off Chrysler to keep Canadian crown

11:02 am U.S. ET | Jan. 5, 2015
Automakers boosted their Canadian sales in December by 16 percent, and Ford held on to the top sales spot for the full year despite a late surge by FCA's Canadian unit. Total industry sales last year rose 6 percent to 1.8 million vehicles, according to results tabulated today by DesRosiers Automotive Consultants Inc....
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13 sales records, but that's no record

12:01 am U.S. ET | Jan. 5, 2015
There are lots of ways to gauge really good years in the auto industry, but here's one of the best: how many brands set sales records....
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FLIP SIDE OF LOW GAS PRICES

Diesel's premium grows, shuffling fuel economy math

12:01 am U.S. ET | Dec. 29, 2014
Plummeting gasoline prices have shaken up some of the mathematical calculations that made diesel an attractive alternative fuel for efficiency-minded drivers. But industry insiders and analysts say diesels offer key advantages that make them less sensitive than hybrid vehicles to fuel-price swings....
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KEITH CRAIN

Even the holidays are busy

12:01 am U.S. ET | Dec. 29, 2014
Auto industry executives have gone home. Except for a few plants running overtime, the offices are dark. Most executives probably think the industry is sleeping. That couldn't be further from the truth....
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Tesla to help Chinese buyers trade in their old cars for Model S

8:10 am U.S. ET | Dec. 26, 2014
Tesla Motors will help Chinese buyers trade in their old cars if they buy a Model S, part of the automaker’s latest efforts to spur sales of its all-electric sedan in the world’s biggest vehicle market....
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