Sales

APRIL U.S. AUTO SALES

Light trucks drive U.S. industry to 4.6% April gain

8:30 am U.S. ET | May 1, 2015

U.S. light-vehicle sales, fueled by demand for light trucks, rose 4.6 percent in April as every automaker but Honda recorded an increase. The industry stretched its streak of advances from the year-earlier month to 14, yet the total was weaker than analysts' forecasts....
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Hyundai, Kia hold the line on volume

3:00 pm U.S. ET | May 1, 2015

Hyundai and Kia U.S. sales held flat in April as the Korean brands dipped into their pocketbooks to offer bigger incentives on cars....
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Benz overtakes BMW in U.S. luxury race

3:33 pm U.S. ET | May 1, 2015

Luxury auto sales are outpacing U.S. industry gains as BMW and Mercedes-Benz lure buyers from mainstream brands with lower-priced models. In April, Mercedes pulled ahead of BMW to take the luxury-brand lead....
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Honda slips 1.8% on weaker Accord sales

5:15 pm U.S. ET | May 1, 2015

For the second straight month, a big decline in Honda Accord deliveries dragged down the automaker's U.S. monthly sales results....
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Toyota posts gain, needs more trucks

5:30 pm U.S. ET | May 1, 2015

Toyota will adjust production in the coming months to boost tight light-truck supplies after strong demand for pickups, crossovers and SUVs offset slumping car sales last month. The automaker had an April sales gain of just 1.8 percent -- its smallest increase since September....
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Crossovers push GM to 5.9% increase

2:30 pm U.S. ET | May 1, 2015

General Motors' April sales rose 5.9 percent, as booming crossover demand offset continued weakness in GM's car lines. GM's retail sales rose 5.3 percent while deliveries to fleet customers climbed 7.6 percent, for a total of 269,056 units. GM said its commercial sales, or deliveries to business customers, were the highest since March 2008....
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Ford snaps 2-month skid, gains share

1:45 pm U.S. ET | May 1, 2015

The Ford brand set an April record for U.S. sales of utility vehicles as Ford gained market share for only the third time in the past 16 months. It also was the automaker's first year-over-year increase since January....
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Lotus sees profit after cost cuts, U.S. relaunch

May 1, 2015 06:15 CET

UK sports car maker Lotus will be profitable again by 2017 after years of losing money, CEO Jean-Marc Gales said. The company has moved to cut costs and improve its lineup and plans a relaunch in the U.S. market....
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Subaru streak hits 41 months

2:45 pm U.S. ET | May 1, 2015

Subaru of America said April was its 41st consecutive month of growth, with sales up 18 percent from the year-ago month....
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FCA up 5.8% on Jeep, Chrysler 200, Ram

12:00 pm U.S. ET | May 1, 2015

Strong Jeep and Chrysler 200 sales pushed Fiat Chrysler's U.S. deliveries up 5.8 percent in April. Fiat Chrysler Automobiles reported U.S. sales of 189,027 units, its 61st consecutive month of year-over-year sales gains....
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JESSE SNYDER

BLOG: April like a dry day at harvest time - no time to sit back

5:15 pm U.S. ET | May 1, 2015

Solid. Profitable. Gratifying. And yeah, a bit boring of a sales month. Yet another month of just-fine-thanks....
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GM tops rivals in Canada

3:24 pm U.S. ET | May 1, 2015

General Motors jumped to the top of the Canadian sales rankings for April as it sold 15 percent more cars and trucks than a year earlier, the company said today, winning a crown usually held by its rivals....
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Crossovers propel Nissan Motor to April record

12:00 pm U.S. ET | May 1, 2015

Nissan Motor Corp. rode its freshened lineup of Nissan and Infiniti utilities and crossovers to total U.S. sales of 109,848 vehicles, an increase of 5.7 percent an April record....
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Marchionne's talk of industry mergers seen as 'panic'

April 30, 2015 10:59 CET

CEO Sergio Marchionne has been talking for months about merging Fiat Chrysler with a rival automaker, a sign that he's panicking at how much sales are growing while profit margins are dropping, some industry observers say....
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Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET

Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased....
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Cadillac prices CTS-V about $10K below rivals

3:35 pm U.S. ET | April 29, 2015

Cadillac said today that its track-ready 2016 CTS-V sedan will start at $83,995 when it goes on sale in late summer....
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CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year....
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Bosch says weak euro will help sales rise up to 5%

April 29, 2015 11:59 CET

Bosch forecasts that its 2015 sales will rise between 3 percent and 5 percent after a weaker euro bolstered its top line in the first three months....
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Renault taps Hollywood star to promote new Espace

April 29, 2015 06:01 CET

Renault is tapping a Hollywood star appeal to boost sales of its new Espace minivan. Actor Kevin Spacey appears in Renault's Europewide marketing campaign for the Espace. The Espace launches the renewal of the automaker's upper range where the brand trails rivals such as Volkswagen, Ford and Opel....
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CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year....
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McLaren vows to stay independent as it pushes to boost sales

April 28, 2015 12:11 CET

McLaren plans to stay independent to take advantage of its nimbleness as it competes with rivals including Lamborghini and Ferrari. The UK automaker is one of the few global luxury auto brands that is not part of a larger group....
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Best April sales in decade expected, driven by light trucks

1:09 pm U.S. ET | April 27, 2015

New-vehicle sales in the United States are projected to reach the highest April level in a decade, capping the best four-month start to a year since 2001. Four forecasts -- calling for a year-over-year increase of about 5 percent to 6 percent this month -- show the industry remains on track to finish 2015 right around 17 million units, a threshold last crossed in 2001. TrueCar.com recently increased its full-year forecast to 17....
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LEADERSHIP CRISIS AT VOLKSWAGEN

Piech exit to shake up VW's politburo, creating U.S. opportunity

April 27, 2015 12:00 CET

The sudden departure of VW Group Chairman Ferdinand Piech may loosen his politburo-style management on the automaker, which could help VW finally start making cars Americans want to buy....
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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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