Sales

GM's global sales rise 2% to 2.42 million in Q1

4:19 pm U.S. ET | April 17, 2014
General Motors said global vehicle sales rose 2 percent during the first quarter. Increasing deliveries in China helped make up for declines in the United States and Brazil.... Read More »

 

AutoNation says Q1 net income rose 15% to $95.1 million

7:11 am U.S. ET | April 17, 2014
Despite 10 weeks of problematic winter weather to start the year, a late March rebound in dealership traffic helped drive AutoNation's net income 15 percent higher in the first quarter of 2014 from the year-earlier period, the company said today.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW dealers with Product Geniuses boost profit and customer satisfaction

April 17, 2014 06:15 CET
BMW dealers in Europe taking part in the automaker's Product Genius program are getting a financial boost. The tech-savvy employees' no-pressure explanation of the features available in BMW's vehicles has increased the purchase of high-margin options by 10 percent to 15 percent, the company said.... Read More »

 

European car sales rise 10% as replacements help automakers

April 17, 2014 09:08 CET
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models to replace aging vehicles and an economic rebound boosted demand. First-quarter sales rose 8 percent.... Read More »

 

LINDSAY CHAPPELL

Brace yourself for 'velocity'

1:06 pm U.S. ET | April 16, 2014
There’s a new buzzword trending through the car business right now: velocity. It has been popping up in conversations and presentations for a while, and is on the lips of visitors here at the New York auto show. And it might be a good thing.... Read More »

 

2014 NEW YORK AUTO SHOW

Hyundai goes mild with 2015 Sonata makeover

10:15 am U.S. ET | April 16, 2014
Hyundai is tweaking the recipe that made the Sonata one of the industry's hottest mid-sized sedans in recent years with a makeover for 2015 that is more mild than spicy. The redesigned 2015 Sonata, introduced at the New York auto show today, will offer more technology and safety equipment than the outgoing model.... Read More »

 

Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

China's Qoros uses Slovakia to prepare for a full European roll out

April 16, 2014 06:15 CET
Chinese automaker Qoros is using Slovakia as its first global export market with the goal of rolling out the brand across western Europe within two years.... Read More »

 

Ford of Europe sales rise 12% in March on German, UK demand

April 15, 2014 15:53 CET
Ford said European car sales increased 12 percent in March, the 10th straight monthly gain, as customers snapped up small vehicles and compact SUVs.... Read More »

 

DAVE GUILFORD

Autos' enthusiasm for emerging markets hits brakes

2:11 pm U.S. ET | April 15, 2014
Global automakers have jostled to position themselves for growth, particularly in the much-touted BRIC markets -- Brazil, Russia, India and China. But that growth formula has been looking a little less solid lately. Tension with Russia over the annexation of Crimea, with the prospect of stiffer trade sanctions, has rattled automakers' confidence.... Read More »

 

Customers' luxury motivation turns to self-reward, execs say

1:48 pm U.S. ET | April 15, 2014
The definition of luxury automotive brands, and the motivation of luxury-car shoppers, is changing from an outward-directed display of wealth to a self reward for a successful customer. That was the conclusion of a panel of luxury-brand executives at the NADA/J.D. Power Automotive Forum in New York today.... Read More »

 

Economists: Global GDP growth on the rise, but BRICs disappoint

11:14 am U.S. ET | April 15, 2014
The global economy will do “fairly well” in the coming years, with the United States economy leading the way, while Europe “has turned a corner,” a leading economist said.... Read More »

 

BMW i3 production boosted 43% in preparation for U.S. launch

April 15, 2014 13:05 CET
BMW has ramped up production of its i3 electric car to 100 vehicles a day, ahead of its launch in the United States this month, board member Harald Krueger said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Opel will focus on crossovers to boost sales and return to profit, CEO says

April 15, 2014 06:15 CET
Opel will focus on crossovers as part of its product push to boost sales and return to profit, Opel CEO Karl-Thomas Neumann said.... Read More »

 

Ford expects boost from EcoSport SUV

April 15, 2014 06:15 CET
Ford says its EcoSport small SUV could become one of the company's best-sellers in Europe if it receives enough product supply from India.... Read More »

 

Mercedes dealers in U.S. could be overwhelmed by wave of off-lease vehicles, remarketing boss says

6:18 pm U.S. ET | April 14, 2014
Mercedes-Benz USA expects its dealership network to be overwhelmed by a tsunami of off-lease vehicles at some point, forcing the brand increasingly to sell those vehicles through non-Mercedes dealers.... Read More »

 

Opel may break even before 2016, report says

April 14, 2014 15:34 CET
Opel may break even before its 2016 deadline, a report said, citing an interview with CEO Karl-Thomas Neumann.... Read More »

 

March sales melt winter's frozen stocks

12:01 am U.S. ET | April 14, 2014
Brisk light-vehicle sales in March sharply reduced supply levels that had built up on U.S. dealership lots in January and February.... Read More »

 

Nissan sells dealers on new spiff strategy

12:01 am U.S. ET | April 14, 2014
Nissan's U.S. chief is convinced that a dealer sales incentive program launched nationally on April 1 will make his retailers bigger and richer, and propel Nissan toward its goal of a 10 percent U.S. market share.... Read More »

 

Less reliance on fleet sales in March

12:01 am U.S. ET | April 14, 2014
Automakers continue to cut their reliance on U.S. fleet sales as car rental companies strategically reduce vehicle purchases.... Read More »

 

LINDSAY CHAPPELL

Why new world Tesla needs old world factory relief

7:27 am U.S. ET | April 12, 2014
Despite all the ongoing Wall Street chatter about Tesla, there really is a larger issue closer at hand worth watching: How long will it take Tesla to sort out its manufacturing blocking and tackling?... Read More »

 

YANG JIAN

Compact SUVs to shine at Beijing show

5:58 am U.S. ET | April 11, 2014
Ten years ago, many Chinese could not afford a car, but today not only can they afford one, they are getting picky about which vehicle to buy -- and they're increasingly opting for compact SUVs.... Read More »

 

China sales rise 7.9% in March; GM tops VW in Q1

9:27 am U.S. ET | April 11, 2014
Sales of passenger vehicles in China gained 7.9 percent last month as consumers purchased cars on concerns that more cities may start limiting new license plates. Wholesale deliveries climbed to 1.7 million units in March, the state-backed China Association of Automobile Manufacturers said today.... Read More »

 

VW Group sales rise 8% in March as Europe recovers

April 11, 2014 11:20 CET
VW Group increased vehicle sales 8 percent in March, with gains in Europe and China offsetting declines in the United States and Brazil. First-quarter sales rose 6 percent to a record 2.4 million.... Read More »

 

YANG JIAN

Compact SUVs to shine at Beijing show

5:58 am U.S. ET | April 11, 2014
Ten years ago, many Chinese families could not afford a car. Today, not only can they afford one, but they are getting picky about which vehicle to buy and they're increasingly opting for compact SUVs.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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