Sales

Nissan tops 100,000 sales in Canada for first time, gains market share

2:02 pm U.S. ET | Dec. 19, 2014
Nissan said its sales in Canada have reached a record-breaking 100,000 new vehicles this year....
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CarMax says Q3 net income rose 22% to $130 million

9:14 am U.S. ET | Dec. 19, 2014
CarMax, the largest used-car seller in the United States, said net income surged 22 percent in its third fiscal quarter as easier credit boosted vehicle sales....
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Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said....
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GM, Audi, Jaguar halt Russia sales on ruble's collapse

Dec. 18, 2014 13:12 CET
GM, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse....
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Budget brands win despite Europe's car sales slowdown

Dec. 16, 2014 09:33 CET
New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as nervous consumers kept a tight lid on spending. Vehicle sales in the EU and EFTA markets advanced to 989,457 cars. Eleven-month sales are up 6 percent to 12 million....
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Volvo to start online car sales, skip some big auto shows

Dec. 15, 2014 08:39 CET
Volvo will start selling vehicles online as it rolls out new models. The automaker plans to have all its car lines offered digitally in all its markets, sales chief Alain Visser said....
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Fiat Chrysler exports from Brazil to Mexico after more than 3 years

Dec. 15, 2014 21:36 CET
Fiat Chrysler has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said....
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Mercedes prices new Maybach S class at 134,100 euros

Dec. 15, 2014 21:45 CET
Mercedes set the starting price of the Maybach S-class sedan at 134,100 euros ($166,700) and began taking orders for the would-be challenger to Rolls-Royce and Bentley....
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Volvo to skip most auto shows; focus will be on Detroit, Geneva, China

2:39 am U.S. ET | Dec. 15, 2014
Volvo is shifting its focus from auto shows to market more directly to buyers as part of a broader realignment of its marketing efforts that will place more focus on digital outreach. Starting next year, the company will take part in just one auto show per region, including the Detroit and Geneva auto shows....
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Bentley raises car sales target to 20,000, report says

Dec. 15, 2014 10:12 CET
Bentley is targeting 20,000 annual deliveries by 2020, double its 2013 sales, boosted by new models such as its first SUV, a report said....
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Smart says China will be its top market

Dec. 15, 2014 08:29 CET
China could overtake Germany and Italy to become the biggest market for Smart in a few years, Smart CEO Annette Winkler said. Smart will launch the latest ForTwo and its new ForFour in China next year....
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Retired rentals ding prices

12:01 am U.S. ET | Dec. 15, 2014
The talk in remarketing circles has been about how the rising tide of off-lease vehicles will push used-car prices down. But more retired rental units are destined to hit the market next year, too....
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Nissan: Gas prices not a sales drain

12:01 am U.S. ET | Dec. 15, 2014
Nissan brand's sales dipped in November after 13 straight months of year-over-year increases. But no one is blaming the 2 percent setback on one of the most notable changing market factors of the moment: cheaper fuel....
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Smaller supply for big month

12:01 am U.S. ET | Dec. 15, 2014
Most automakers have enough stock for big December promotions in what has become one of the best sales months of the year. But they certainly aren't overstocked after torrid November U.S. light-vehicle sales cut into inventory....
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Where are the GM program vehicles?

12:01 am U.S. ET | Dec. 15, 2014
The flow of retired rental vehicles that General Motors normally sells at auction to its dealers has slowed to a trickle since mid-November, dealers say. The prices that GM can fetch on program vehicles -- those that the automaker takes back after they're retired from rental fleets -- dropped dramatically in late October....
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Fleet and retail even out as year end nears

12:01 am U.S. ET | Dec. 15, 2014
Fleet sales grew at a faster pace than retail volume in November, bringing both channels into balance as the year nears a close. For the seven automakers that control 86 percent of the U.S. light-vehicle market, fleet volume climbed 8 percent in November....
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GABE NELSON

Who says the Detroit 3 can't sell luxury?

3:40 pm U.S. ET | Dec. 12, 2014
We hear an awful lot about the sorry state of Detroit's luxury brands, but if you look at it objectively, Detroit actually isn't bad at selling luxury vehicles. It's just that the luxury vehicles are pickup trucks and SUVs....
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VW has 10 million sales in sight despite flat November

Dec. 12, 2014 12:54 CET
VW Group's global vehicle sales increased just 1 percent in November as its business was hit by slumps in Russia and Brazil. The automaker, however, remains confident it will meet a full-year target of 10 million deliveries....
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Mercedes sales chief Kaellenius seen as potential Zetsche successor after promotion to board

Dec. 11, 2014 14:34 CET
Daimler promoted Ola Kaellenius, head of sales for its Mercedes unit, to the group's management board, making him a potential candidate to succeed Dieter Zetsche as CEO. Zetsche's current contract runs until the end of 2016....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

UK dealer puts BMW's Future Retail program to the test

Dec. 11, 2014 06:01 CET
BMW's Future Retail program, which launched last year in Europe and China, offers customers a high-tech but unrushed explanation of BMW products. Elms BMW in the UK was an early adopter as it wanted a new way to lure customers....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi exec says cyberstores link physical, virtual worlds

Dec. 11, 2014 06:01 CET
Audi's cyberstores in London, Beijing and Berlin showcase the brand's technology by presenting its entire model lineup in a digital format. Horst Hanschur, Audi's head of business development, explained the benefits to Automotive News Europe....
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Mercedes needs China boost to regain global luxury sales lead, exec says

Dec. 10, 2014 15:29 CET
Mercedes needs to catch up with rivals BMW and Audi in China to meet its goal of becoming the global No. 1 in luxury car sales by 2020, Hubertus Troska, the carmaker's China chief, said....
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Porche 918 Spyder sold out; Americans are top buyers

12:35 pm U.S. ET | Dec. 10, 2014
Porsche sold the last of the limited-edition 918 Spyder supercar, the German company's most expensive model, and Americans snapped up more than anyone else....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW, Fiat, Mercedes will benefit from CNG market growth

Dec. 10, 2014 06:01 CET
European sales of vehicles powered by compressed natural gas could grow tenfold by 2020, benefiting Fiat, VW and Mercedes. CNG sales are forecast to grow as automakers add more low-CO2 emission vehicles to their lineups....
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BMW brand tops Audi, Mercedes but lead narrows

Dec. 10, 2014 11:33 CET
BMW brand sales rose 6 percent last month, its highest-ever November sales. The result beat Audi and Mercedes, but the two rivals remain on course to narrow BMW's 2014 lead as the No.1 global luxury brand....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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