Vehicle Sales

Whole lotta wholesalin' goin' on

12:01 am U.S. ET | April 27, 2015

Soaring new-vehicle sales for the last few years mean that used vehicles are more plentiful. Dealers have become more selective about the vehicles they stock, and more willing to wholesale the ones they cull....
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SHANGHAI AUTO SHOW: PRICED TO SELL

China's cheap car strategy for the U.S.

12:01 am U.S. ET | April 27, 2015

Wu Song, boss of China's Guangzhou Automobile, says his cars need to be 30 percent cheaper than rivals to make it in America. If everything goes his way, GAC will test his pricing strategy with the U.S. launch of its GS4 crossover in 2017....
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'RATIONAL EXUBERANCE'

Industry revels in good times but manages to avoid overdoing it

12:01 am U.S. ET | April 27, 2015

There are many signs suggesting the U.S. auto industry is on a positive, sustainable track, but perhaps the most reassuring sign is the kind of caution that dealers and manufacturers are showing amid the boom....
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Recalled program cars vex GM, hurt profits

12:01 am U.S. ET | April 27, 2015

Late last year, General Motors decided to hold off on auctioning many of its retired rental vehicles because of depressed prices. But lower prices on the sale of program vehicles - those that the automaker took back after they were retired from rental fleets - hurt GM's first-quarter operating profit by about $400 million, the company said....
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Manheim expands its mobile auctions

12:01 am U.S. ET | April 27, 2015

Manheim is expanding its mobile auction business, which the company says could grow to 20 percent of its revenues eventually from less than 5 percent today....
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Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales....
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JESSE SNYDER

BLOG: Midsize with a four-banger or large and loaded? How auto insurance affects consumers' buying power

11:32 am U.S. ET | April 23, 2015

Want $7,700 more to spend on a new car? Move from Michigan to Maine before you insure it. That's because U.S. insurance premiums on a new vehicle vary wildly by state, according Insure.com...
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GM gets boost from smaller pickups, but doubters question for how long

10:29 am U.S. ET | April 23, 2015

General Motors' return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models....
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GM's Q1 global volume climbs 1.9%; company trails VW in global sales race

1:38 pm U.S. ET | April 21, 2015

General Motors said today that it sold 2,421,123 million vehicles globally in the first quarter, a 1.9 percent increase from a year ago. GM trails Volkswagen AG by about 70,000 vehicles in the race to be the world's biggest automaker with Toyota yet to report....
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Lackluster profits drive FCA's higher invoice prices

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

The reason behind Fiat Chrysler's wholesale pricing action is simple: profits -- or the lack thereof....
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Volkswagen mulls budget SUVs, minivans for China

April 19, 2015 11:13 CET

Volkswagen is exploring the possibility of developing budget SUVs and minivans in China to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said. VW is considering a product family of low-cost models, he said....
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Audi's car sales rise to monthly record as U.S. surge offsets weaker Europe, China

April 13, 2015 12:30 CET

Audi said its vehicle sales increased 4.4 percent in March to 177,950, the highest level for any month in the carmaker's history, as surging volume in the U.S. offset a slowing Europe and China and a decline in Russia....
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Nissan expects Leaf sales to hit 50,000

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

Nissan CEO Ghosn thinks selling 50,000 Leafs should not be a problem -- even with first-quarter sales down 21 percent. The key to EV growth will be more public charging, he says....
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Fleet sales drove market in March

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

Retail sales typically are four times greater than fleet, so sales to commercial, government and daily rental buyers rarely reverse the overall market's momentum. But it happened in March because retail sales changed modestly from the year-earlier period while fleet changed a lot....
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EDITORIAL

Time to prune, time to sow

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

Automakers constantly search for new product niches, but it's a daunting process. Many product ideas never see the light of day....
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4 of 5 Rolls purchasers customize

12:01 am U.S. ET | April 11, 2015

Rolls-Royce buyers want their cars to stand out. About 80 percent of Rolls-Royce cars sold in the U.S. are now custom ordered....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO reveals the next steps in automaker's revival

April 7, 2015 06:15 CET

PSA/Peugeot-Citroen CEO Carlos Tavares discussed the challenges the automaker needs to overcome to complete its turnaround, including boosting scale, improving net pricing and giving customers options they really value....
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Porsche taps Cox unit to help manage off-lease portfolio

11:27 am U.S. ET | April 6, 2015

Porsche Cars North America Inc. has tapped a Cox Automotive software platform company to help it manage its off-lease portfolio....
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Seminars tackle generation gap

12:01 am U.S. ET | April 6, 2015

Generation Y is projected to account for 40 percent of new-car purchases within the next five years. In June, Automotive News will launch a series of national seminars that will outline strategies focused on generational issues....
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LETTER TO THE EDITOR

Give customers one price upfront

12:01 am U.S. ET | April 6, 2015

I have been a sales consultant at a one-price store for more than 21 years. We went to one price in the fall of 1993 and haven't looked back. We had always been a low-pressure, easygoing dealership before one price, so it was a good fit....
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Jeep, Subaru keep rolling in March

12:01 am U.S. ET | April 6, 2015

FCA US eked out its 60th straight monthly sales gain in March, with a 1.7 percent increase to 197,261. But the Jeep brand, a big reason for FCA's successful run, is not only still streaking but still racking up big monthly percentage gains....
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CarMax will step up store-opening pace

3:46 pm U.S. ET | April 2, 2015

CarMax said will open 13 to 16 new used-only stores each of the next three fiscal years, starting with the one that began March 1. That is up from the 10 to 15 stores a year it has opened since the recession....
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NEAL E. BOUDETTE

BLOG: Why Honda's Mendel doesn't care about Nissan

12:20 pm U.S. ET | April 2, 2015

Nissan has outsold Honda in each of the last three months, but Honda's John Mendel isn't bothered by it. “I don't give a damn about Nissan,” the executive vice president of American Honda told reporters at a roundtable discussion after Honda unveiled a Civic coupe concept at the auto show here....
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France, Italy, Spain sales growth in March encourages European recovery hopes

April 1, 2015 12:12 CET

New-car registrations rose in France, Italy and Spain last month, adding to signs that the European auto market is recovering. France's auto industry body, the CCFA, raised its full-year forecast for the country to a 2 percent gain, close to many predictions for Europe as a whole....
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BMW wins March luxury sales title; Lexus takes 2nd

4:08 pm U.S. ET | April 1, 2015

The BMW brand topped the U.S. luxury market in March, while Lexus fended off Mercedes-Benz for second place....
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