sales

BMW May Have Fudged Sales Stats To Remain #1 Luxury Brand
BMW May Have Fudged Sales Stats To Remain #1 Luxury Brand

For years, Lexus sat at the top of America's luxury heap. Then came some product stagnation, a few unpleasant recalls, and a terrible natural disaster, which bumped Lexus from its berth. BMW and Mercedes-Benz have been fighting to take its place ever since. The struggle hasn't always been pretty...Read More»

Car lot
Good Deals Hard To Find, Thanks To Strong Sales, Easy Credit

Summers are usually slow at auto dealerships, but this year has been an exception. That's great news for folks working the sales floors, but not so good for shoppers hoping to score a good deal on a new car, according to TrueCar.com. Thanks to growing consumer confidence, easier credit, high...Read More»

2012 Chrysler 300 SRT8
Chrysler Posts Dizzying Profits, But Will Fiat Kill Its Buzz?

Last week, Ford's second-quarter earnings figures proved that the automaker is still going strong, but also showed that Europe's financial woes are hindering Ford's progress. Now, Chrysler has released its own outstanding financial results for April, May, and June, but could Fiat kill the party?...Read More»

2012 Lexus LFA right-hand drive model
Toyota Regains Title Of World's Best-Selling Automaker

Last year was rough for Toyota. Like businesses and individuals across Japan, the company suffered devastating setbacks following the March 11 earthquake and tsunami. Later in 2011, there were production problems due to immense flooding in Thailand. And of course, Toyota continued to fight customer...Read More»

Car lot
June Auto Sales May Have Hit A Record High

There's good news and bad news for folks in the automotive sector. GOOD NEWS We'll start with the good news (because it's Monday, and kicking off with the bad stuff seems cruel). According to a report in AutoNews, new-car sales for June are likely to reach heights not seen since before the Great...Read More»

TrueCar.com sales projections for May 2012
Zoom-Zoom: Analysts Predict 32% Growth In New Car Sales

Looking for a bit of good news to send you off on your long, holiday weekend?* According to TrueCar.com, May's new vehicle sales should come in 32% above May 2011. As exciting as that is, though, we should point out that a few automakers are skewing the curve -- namely, Honda, Toyota, and to a...Read More»

2012 Toyota Prius V
Study: Only About 1 In 3 Hybrid Owners Wants Another Hybrid

With gas prices hovering just under $4 a gallon and fuel-efficient cars selling as fast as Suzanne Collins novels, you'd think that demand for hybrids would be through the roof. And it is -- just not among people who already own hybrids. A new study from Polk Automotive says that when shopping for...Read More»

2012 Chrysler 300 SRT8
Detroit Makes Good: March Auto Sales Soar To Record Levels

If auto sales—now at their highest level in four years—are any indication, Americans are feeling a lot more confident. GM, Ford, and Chrysler all reported strong sales in March—significantly above year-ago levels—but it was the Chrysler Group that saw sales a full 34...Read More»

2012 Toyota Prius C, as shown at 2011 Tokyo Motor Show
March Sales Hit Record Highs, But Fuel-Efficient Cars Come At A Premium

Like the U.S. economy, America's auto market is slowly, steadily recovering from the aftershocks of the Great Recession. New sales data from Kelley Blue Book suggests that March 2012 will see double-digit gains over March 2011 and will, in fact, be higher than any March on record since 2007. In...Read More»

Car lot
Americans Are Holding On To Their Cars Longer Than Ever

Given the recent recession and relatively high unemployment figures, it's no surprise that car owners are holding on to their vehicles for a long time. According to research firm Polk, however, the average age of vehicles on U.S. roads has hit an all-time high of 10.8 years. The age of passenger...Read More»

2012 BMW 6-Series Coupe
BMW Bumps Mercedes, Lexus To Become America's Top Luxury Brand

For a full decade, Lexus has been parked at the top of the U.S. luxury car heap, but no more. Sales stats released this week have put a different brand in the top spot, and that brand is BMW. The Wall Street Journal reports that BMW and rival automaker Mercedes-Benz both delayed sharing sales...Read More»

Car lot
Analysts Predict A Booming Auto Market In 2012 (Except In Europe)

The dust is still settling from 2011, but early figures indicate that the U.S auto market recorded significant growth over 2010. Analysts at Polk Research say that upward trend will continue across much of the globe in 2012 -- though alas, not everywhere. THE WINNERS China: Though some have...Read More»

Handing over car keys
November Auto Sales Booming, On Pace To Hit Record High

U.S. auto showrooms are usually quiet in November. That's due to a combination of factors, including the colder weather (which keeps some folks indoors), the holiday season (which forces many shoppers to prioritize tchotchkes over cars), and of course, buyers patiently waiting for December's...Read More»

2012 Chrysler 200 sedan
October Auto Sales: The Leading Edge Of An Economic Rebound?

While U.S. economic news is hardly good, somehow auto sales again proved to be a bright spot in October. As the housing sector remains on a downward slide in much of the country, manufacturing growth slowed, and economists wondered how Greece's nearing economic meltdown will affect the global...Read More»

2011 Toyota FT-86 II Concept
Toyota To Topple As World's #1 Automaker, VW & GM Ride To Top

Volkswagen is bound and determined to become the world's largest automaker, and it promises to do so by 2018. According to industry analysts, VW could meet its goal this year -- seven years ahead of schedule -- but it may not stay on top for long. In terms of sales volume, Toyota is the world's...Read More»

Gay Flag
Gay-Marriage Win: Sell Car To Same-Sex Spouse, Pay No Tax!

On Sunday, July 24, at 12:01 am, same-sex marriage became legal in New York state. New York is thus the most recent (and largest) state to join a growing list that includes Connecticut, Iowa, Massachusetts, New Hampshire, and Vermont. Same-sex marriage is also legal in the District of Columbia and...Read More»

2012 Volkswagen Passat
U.S. To Have Greater Voice In VW Product Development, New SUV Planned

It’s no secret auto giant Volkswagen is still a small fish in the all-important U.S. market, but the automaker is determined to alleviate the issue, going so far as to develop distinct models aimed squarely at American customers. Volkswagen’s sales tally for the U.S. in 2010 topped just...Read More»

2011 Cadillac SRX
Groupon Works For Cupcakes, Not Cadillacs: Why It Failed

Last week, we told you about LaFontaine Buick GMC Cadillac's experiment with Groupon. It was the first time that the popular online coupon service had been used to sell new cars, and folks throughout the auto industry held their collective breath, wondering if it would work. If you were one of...Read More»

Cadillac dealership
Study: Understaffed Dealerships Souring The Sales Experience?

As U.S. auto sales gradually rebound, it would seem that dealerships and showroom salespeople would be eager than ever to let the good times roll once again. But could some brands be slowing their sales recovery due to understaffed dealerships that aren't making every effort to inform shoppers...Read More»

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