Vehicle Sales

Lexus tops BMW in U.S. registrations; 2015 luxury title in dispute

2:32 pm U.S. ET | Feb. 12, 2016

Not so fast on BMW winning the 2015 U.S. luxury crown over Lexus and Mercedes. According to manufacturer-reported sales released last month, BMW won. But Polk said today that Lexus was tops in U.S. vehicle registrations last year with 340,392 vs. BMW's 335,259....
Read More »

Used-car loophole for recalls tightens up

12:01 am U.S. ET | Feb. 8, 2016

While a proposed federal law to close the used-car loophole is dead for now, efforts to keep unrepaired recalled vehicles out of circulation are stirring. And with powerful players mobilizing on the issue in an era of high-volume, high-profile recalls, dealers and automakers may face pressure to revisit their policies....
Read More »

LUXURY LAGS

Premium brands face challenges as incentives rise and trucks rule the day

12:01 am U.S. ET | Feb. 8, 2016

Luxury sales are slowing down, particularly on the car side. Can the luxury automakers keep a lid on their incentives and inventories?...
Read More »

AutoNation's recall policy disrupts used-vehicle business

12:01 am U.S. ET | Feb. 8, 2016

AutoNation's recall policy challenged its used-vehicle business in the fourth quarter. The disruptions will continue through the first half as the retailer continues to expand its used-vehicle inventory....
Read More »

Margin squeeze hurts used-vehicle prices, economist says

1:03 pm U.S. ET | Feb. 5, 2016

The Manheim Used Vehicle Value Index dipped in January, registering only its second decline in the last eight months....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales

Feb. 4, 2016 06:01 CET

Jeep, Smart and Jaguar were the biggest winners last year in Europe, where overall vehicle sales rose 9 percent, exceeding initial analyst expectations of 3 percent growth at most....
Read More »

Subaru parent says quarterly earnings rise 21%

6:52 am U.S. ET | Feb. 4, 2016

Subaru parent Fuji Heavy Industries reported a bigger-than-expected rise in third-quarter operating profit on strong sales of its Subaru cars and a favorable currency impact, keeping it on track to post a record full-year profit....
Read More »

JANUARY 2016 U.S. SALES

Snowstorms drive sales down 0.4%; SAAR rises to 17.55 million

8:00 am U.S. ET | Feb. 2, 2016

U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million. Automakers posted stronger results than many forecasts had predicted for a month that began with stocks taking a dive and ended with the storm....
Read More »

Subaru posts record for January

4:52 pm U.S. ET | Feb. 2, 2016

Despite supply constraints, Subaru reported a record January and a U.S. sales increase of 0.7 percent compared with a year earlier to 41,101 vehicles....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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....
Read More »

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?...
Read More »

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?...
Read More »

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....
Read More »

JESSE SNYDER

Top '16 priority: Managing change

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

U.S. auto sales are headed toward the longest growth streak in a century, but what counts is how healthy profits can pay for profound changes in the industry's future....
Read More »

Ford lets employees share discounts outside family

12:22 pm U.S. ET | Jan. 20, 2016

Through the end of February, Ford is letting employees and retirees share their discount on a new car or truck with anyone who has a competitive vehicle, according to a memo distributed to dealers....
Read More »

Pope's blessing

Fiat from Pope Francis' U.S. visit to be auctioned

12:59 pm U.S. ET | Jan. 20, 2016

The tiny black Fiat 500L that ferried Pope Francis to the White House and Congress during his historic first visit to the United States will be auctioned in Philadelphia next week, officials said today....
Read More »

McLaren adds 4 U.S. dealerships

12:45 pm U.S. ET | Jan. 20, 2016

McLaren Automotive has added four dealerships in the U.S. The newest retail locations for the sports-car maker are McLaren Bergen County in Ramsey, N.J.; McLaren Boston, McLaren Houston and McLaren Palm Beach....
Read More »

Audi unhurt, undaunted by diesel crisis

12:01 am U.S. ET | Jan. 18, 2016

Armed with fresh product in critical luxury segments, Audi is readying itself for another market-beating year, even as parent company Volkswagen trudges through its diesel crisis....
Read More »

2016 AUTOMOTIVE NEWS WORLD CONGRESS

Jackson to 'clueless': Prepare for plateau

12:01 am U.S. ET | Jan. 18, 2016

After years of booming auto sales, automakers and retailers in the U.S. are now entering the most treacherous phase of the industry's up-and-down cycle....
Read More »

Automotive News Cover
News by Brand