Vehicle Sales

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW, other European automakers seek firmer foothold in India

Sept. 1, 2014 06:15 CET
When Volkswagen reported group deliveries in India had more than doubled in 2011, it looked as if the market would help the automaker acheive its goal of being No. 1 in global sales. But today, with its sales hit by a shrinking market, the group serves as a warning to other European carmakers, such as PSA/Peugeot-Citroen, which are considering another foray into India....
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Lexus NX may challenge RX for brand sales leader outside U.S.

6:51 am U.S. ET | Aug. 29, 2014
The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global nameplate. At least outside the United States....
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AUGUST U.S. AUTO SALES

Sales rate to top 16 million for 6th month in a row, analysts predict

12:46 pm U.S. ET | Aug. 27, 2014
Auto sales volume in the United States is expected to keep rolling along in August, with two independent forecasters predicting a sixth straight month of 16 million-plus selling rates. TrueCar predicts a seasonally adjusted annual selling rate of 16.6 million for August and LMC Automotive/J.D. Power is just behind at 16.5 million....
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VW Group sales rise 7% in July on Europe, China gains

Aug. 26, 2014 12:22 CET
VW Group sales increased 7 percent in July to 808,500 vehicles as gains in Europe and China outweighed declines in the Americas. Through seven months the automaker's volume is up 6 percent to 5.78 million....
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Used pickup prices strong, but how long?

12:01 am U.S. ET | Aug. 25, 2014
How long will prices of used full-size pickups stay strong?...
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Manheim enters high-tech lane

12:01 am U.S. ET | Aug. 25, 2014
Manheim, the nation's largest auto-auction company, is spending $100 million over three years to give every aspect of its operations a high-tech makeover....
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Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. auto industry will set a record in 2014 for vehicle recalls....
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Russia will consider support for car market, reports say

Aug. 20, 2014 10:13 CET
Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis....
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PRICE WATCH

Falling used-vehicle values threaten recovery

12:01 am U.S. ET | Aug. 18, 2014
The long-awaited decline in used-vehicle prices has finally arrived, only it may turn out to be steeper drop and a bigger threat to the overall market than almost anyone expected....
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POWERING FORWARD

Porsche's record sales could endanger exclusivity, tech leadership

12:01 am U.S. ET | Aug. 16, 2014
Sales are surging, but some industry watchers worry emphasis on volume could rob the brand of exclusivity and increase the danger of quality problems....
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Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014
Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company CarBizz....
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Why fleet sales soared in July

12:01 am U.S. ET | Aug. 11, 2014
How did total July U.S. light-vehicle sales rise 9 percent?...
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2014 MANAGEMENT BRIEFING SEMINARS

The global market beckons, but where?

4:09 pm U.S. ET | Aug. 6, 2014
The auto industry will have to side-step social unrest and political obstacles to take advantage of a coming decade of overseas growth opportunity, says GM’s chief economist....
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2014 MANAGEMENT BRIEFING SEMINARS

Nissan exec wants faster customer satisfaction feedback

1:02 pm U.S. ET | Aug. 6, 2014
Nissan will attempt to speed up feedback from car shoppers and move beyond widely accepted customer-satisfaction practices, Nissan's top sales executive for the United States said today....
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2014 MANAGEMENT BRIEFING SEMINARS

N.A. auto market seen outshining other regions, despite threats

1:09 pm U.S. ET | Aug. 5, 2014
Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today....
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2014 MANAGEMENT BRIEFING SEMINARS

Auto sales suffer when young adults work only part-time, economist says

3:25 pm U.S. ET | Aug. 5, 2014
New-vehicle sales are climbing steadily, but they are still depressed by a lack of full-time jobs for young adults, an economist said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity....
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Used-vehicle prices to fall 5% by 2017 as supply recovers, ALG says

2:29 pm U.S. ET | Aug. 4, 2014
Used-vehicle prices in the U.S. are poised to fall as the supply increases because rebounding new-vehicle sales are putting more trade-ins on dealer lots, TrueCar Inc.'s ALG division said....
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Kia aims to take lead on leads

12:01 am U.S. ET | Aug. 4, 2014
Kia Motors America wants to cut its outsize dependence on third-party shopping sites for online sales leads. Now, 80 percent of the online leads Kia sends to dealerships come from third-party vendors or sources other than its retail Web site. Kia wants to reduce the figure to 55 percent....
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U.S. sales of luxury brands through July outpace overall market

12:01 am U.S. ET | Aug. 4, 2014
Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year....
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Sales streaks in a sizzling market

12:01 am U.S. ET | Aug. 4, 2014
Chrysler Group led major automakers with a 20 percent gain in U.S. sales for July. It was the 52nd consecutive month of year-over-year increases for the once-bankrupt company....
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GM bulks up for growing fleet battle

12:01 am U.S. ET | Aug. 4, 2014
This fall, GM will roll out the Chevrolet City Express small cargo van, a rebadged Nissan NV200 that will fill a key hole in GM's fleet lineup to match the Ford Transit Express and Ram ProMaster. GM also plans launches during the second half of the year of entries that could do brisk fleet business....
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GM stands by its 1990s vintage vans; Fleet exec says customers are content

12:01 am U.S. ET | Aug. 2, 2014
General Motors' full-sized commercial van -- sold as the Chevrolet Express and GMC Savana -- has officially become the old man of that mainstay fleet segment....
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Canada deliveries hit July record; Detroit 3 gain with trucks

2:16 pm U.S. ET | Aug. 1, 2014
Auto sales in Canada in July rose to a record high for the month, up 11.3 percent from a year earlier, an industry analyst said today, with strong truck sales pushing both Chrysler and Ford to record performances....
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Chrysler Group posts best July since 2005 on 20% gain

11:56 am U.S. ET | Aug. 1, 2014
Strong sales of SUVs, pickups and minivans pushed Chrysler Group's volume up 20 percent last month to its highest July U.S. sales in nine years....
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