sales

Hey, America: How Long Are You Gonna Drive That?
Hey, America: How Long Are You Gonna Drive That?

In 2006, research outfit AutoPacific polled new car buyers in the U.S. and found that 44% intended to hold on to their vehicle for at least four years. One recession later, and the figure has risen to 59%. However, that may not be all bad news--at least not for buyers. The jump might be due to...Read More»

GM Logo
General Motors Corporation Has Become...General Motors Company

Forget what you knew about GM. The lumbering entity known as General Motors Corporation is gone, and today, its surviving staff and assets have been reborn as the lighter, more nimble General Motors Company. To be sure, GM isn't entirely out of the woods--not yet. Among the obstacles that the...Read More»

China 3
GM Expects 20% Growth In 2009 Sales. In China.

Here in America, General Motors is facing tough times: bankruptcy hearings, tricky brand sell-offs, and a thoroughly unpleasant sales slump. Across the Pacific, however, the General is faring much better. In fact, GM's go-to guy in China, Kevin Wale, predicts the company will see a 20% growth in...Read More»

Hyundai logo
Hyundai Assurance Proves A Smart Bet For Both Company And Customer

When Hyundai rolled out its Hyundai Assurance plan on January 3 of this year, it was a little surprising that more automakers didn't follow suit. And now it's clear that the program, which recognized the economic plight of consumers by promising to set them free of financial obligations if they...Read More»

Nielsen's Top 25 Shopped Automakers, April 2009
Nielsen Sees A Few Bright Spots For The Auto Industry

Research and statistics firm Nielsen has released more data about U.S. shopping and buying habits, and as always, the company's findings are pretty interesting. In fact, after surveying 250,000 Americans online, Nielsen has identified a few causes for optimism in the auto industry, despite today's...Read More»

Hyundai logo
Hyundai Launches Cash-For-Clunkers Before The Feds

Final details about the federal government's new Cash-for-Clunkers program--clunkily and officially titled the "Car Allowance Rebate System"--won't be released until July 23, but that hasn't stopped Hyundai from getting a jump on the competition. Hoping to ride the wave of great publicity it's...Read More»

2009 Pontiac G8
General Motors Launches Six-Day, 72-Hour Sale

In an effort to keep the wheels of (re)invention rolling, General Motors has released plans for a "72-Hour Sale", which starts today and runs through July 6. By our calculations, that's considerably longer than 72 hours, but we're going to give GM the benefit of the doubt and assume they mean...Read More»

car sales
Sales Slump Slowing: Annual Rate Could Hit 10 Million Mark

Potentially good news for automakers this morning: industry analysts predict that when June's sales stats are tabulated, the seasonally adjusted annual rate (SAAR) for light vehicle sales may hit 10 million. That would mark the first time sales have crossed that symbolic line during this calendar...Read More»

1994 Buick Park Avenue, by Flickr user Rienk Mebius
Senate Passes Cash-for-Clunkers Bill, President To Sign Soon

It's a done deal now. Yesterday evening, the US Senate passed a $106 billion war spending bill that includes $1 billion in funds for roughly three and a half months' worth of "Cash for Clunkers" tax credits. The goal is to assist automakers by boosting US car sales, at the same time encouraging...Read More»

scrap heap
Making Everyone Happy: Cash-For-Clunkers' Salvage Provision

Many people think cash-for-clunkers is a great idea, but there are holdouts--especially among those who depend on salvaged parts. Well, those folks might feel a little better after skimming the current bill, which permits the "selling any parts of the disposed vehicle other than the engine block...Read More»

2009 Mercedes-Benz E Class Luxury 3.5L 4MATIC AWD
Luxury No Defense Against Weak Market, But Germans Cautiously Optimistic

Hyper-luxury European car brands like Rolls-Royce are seeing steady sales, but their more attainable counterparts - BMW, Audi, Mercedes-Benz - are still riding a downward slope through May. But all is not yet lost, as there may be an end in sight. BMW's Ian Robertson, the company's board member in...Read More»

2008 Prius Plug-in Hybrid prototype
Toyota Hit Hardest By New California Emissions Standards

Yesterday, Toyota announced that it will launch a fleet of plug-in hybrids later in 2009. The company's timing couldn't have been better. California's new emissions legislation set to take effect in 2012 has a special requirement for automakers that sell over 60,000 vehicles per year in the state...Read More»

saturn logo
GM Sells Saturn; Penske Becomes A Virtual Automaker

General Motors has been shopping Saturn to potential buyers for months, and rumors recently began circulating that the company had found one in Penske Automotive Group. In a win-win-win for GM, Saturn, and Saturn fans, those rumors have now come true. Penske will purchase the soon-to-be-orphaned...Read More»

Used car salesman
Car Sales Less Terrible In May

May was a great month for Ford and General Motors: their sales were down 24.2% and 29.6% from 2008, respectively. Welcome to the new economy. As awful as those figures sound, both were expected to ring in much lower. And since U.S. sales were down about 37% across the board, that makes Ford and GM...Read More»

Arnold, the Terminator
America 2020: Our Hybrid Future

The year is 2020. Skynet lies in ruins, Nancy Grace sits on the U.S. Supreme Court, and one in five of you are buying hybrid vehicles. Also: everyone wears MC Hammer pants. We're not taking any bets on those first two items, and we hope the last is dead wrong, but the odds on number three are...Read More»

Senator Debbie Stabenow (D-MI)
Cash-For-Clunkers Update: Showdown In The Senate!

Okay, perhaps that headline is a little misleading. There isn't a showdown per se, but there has been an interesting development in the cash-for-clunkers saga. As you'll recall, there are currently two versions of cash-for-clunkers working in the House of Representatives: one submitted by Betty...Read More»

Tom Lasorda
Rings Around Saturn

For the right business entity, GM brands Saturn and HUMMER brands would make an excellent buy. The two for-sale GM divisions have hand-picked dealer networks plus an established infrastructure that make them a nearly-ready-for-prime-time vehicle brand. All that's needed is future product...Read More»

2010 Toyota Prius
Prius vs. Insight: The Battle Continues

Good news from Japan: 75,000 eager hybrid fans have placed orders for the 2010 Toyota Prius. That's not just a big deal for Toyota; it's also a big deal for folks like us who enjoy watching a good showdown--in this case, the one that's been brewing between the 2010 Prius and the 2010 Honda Insight...Read More»

diesel exhaust pipe
Auto Industry To Benefit From Emissions Cap Legislation

Yesterday, we mentioned the much-ballyhooed "Cash-for-Clunkers" legislation and how it's attached to a larger bill on energy policy. Well,  good news: not only are leaders in the house and senate still planning to extricate the clunker portion and fast-track its approval (which will hopefully...Read More»

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