sales

J.D. Power: It's A Mixed Bag For Auto Sales
J.D. Power: It's A Mixed Bag For Auto Sales

J.D. Power has good news and bad news for the auto industry. On the plus side, production is up dramatically from a year ago, and July sales will be significantly higher than those of June. On the down side, the company has scaled back its retail sales forecast for 2010, and a return to...Read More»

2010 Mercury Milan Hybrid
Fire-Sale Deals On 2010 Mercury Vehicles? Probably Not

You’ve probably heard the news; Mercury is no more. Ford Motor Co. (NYSE:F) is in the process of shuttering the brand and focusing more efforts toward Lincoln, and after this fall it’ll be history. Meanwhile, most Mercury models of recent history have been slightly restyled, slightly...Read More»

2011 Mercedes-Benz CL-Class
Secret Shoppers Give Mercedes-Benz Top Marks For Customer Experience

UPDATED: Pied Piper's Fran O'Hagan sent in some additional comments about this study. See below. If you've ever had the pleasure of working in retail or the service industry, you already know how much fun secret shoppers can be. (For the rest of you: not very.) Over the past four years, the folks...Read More»

2011 Mercedes-Benz E-Class Cabrio
Mercedes-Benz Weathered Hard Times Better Than Other Lux Brands?

The housing bust and the recession have hit some areas of the country harder than others. And because some vehicles play better (or worse) in Peoria than in Parsippany or Portola Hills, it's affected the auto industry in some substantial ways. And Mercedes-Benz considers itself lucky to be strong...Read More»

2010 Cadillac CTS-V
Ed Whitacre Hosts Extreme Makeover: Cadillac Edition

Since emerging from bankruptcy a year ago -- June 10, 2009, to be exact -- General Motors has been trying to buff its tarnished image. Some of the company's work on that front has been controversial, like CEO Ed Whitacre's recent commercial touting the fact that GM repaid its federal loans months...Read More»

car sales
Frugal Shopper: Holiday-Weekend Sales Promise Sweeter Deals

If you're not among the 32.1 million Americans planning to travel this holiday weekend, as estimated by the AAA, and you happen to be shopping for a new vehicle, it could be a great time to buy. Just a quick glance at the local newspaper or other local media sources, or a look at your local...Read More»

Used car salesman
Dealers Dodge Financing Oversight—Will Shady Lending, Too?

If a deal is too good to be true it probably is; and you shouldn't talk monthly payments at the lot before you decide on a car and a price. Don't forget those two valuable pieces of advice at the used-car lot; you'll still need them as it looks like shady lenders won't need to duck for cover after...Read More»

Empty dealership
Auto-Industry Recovery: Not Quite Yet, Analysts Say

Analysts at the market-research firm AutoPacific report that though there are many indications that the recession is ending—or over—there might not be any strong indicators in the automotive sector that things will get much better anytime soon. The firm has found that new-vehicle purchase...Read More»

Detroit
Only In Detroit: GM Markets To Churchgoers…At Church?

You're probably familiar with the new-vehicle ride-and-drive events that automakers sometimes stage in shopping centers or other public places, targeting a certain type of customer. In this case, it was Sunday drivers—at church. According to the Detroit Free Press, Hartford Memorial Baptist...Read More»

GM Stock 6-27-08
Hyundai And Honda: Most Recession-Proof Automakers?

Auto sales rise and fall with the economy, right? Take just a quick look at what's happened to the auto market over the years, match it up with the general ups and downs of the economy—through major indicators like the stock market and unemployment—and you end up with a pretty good correlation...Read More»

2010 Subaru Legacy 3.6R
March Auto Sales Out Like A Lion: We Pick Winners And Losers

March sales might have gone in like a lamb for Toyota (NYSE:TM), but thanks to some strong incentives it went out like a lion, finishing the month with very good sales numbers—topping 186,000 nationwide—though the automaker's incentives went from less than $1,600 per vehicle in March of last...Read More»

Clunkers
Despite Clunkers, U.S. Still Scraps More Cars Than It Buys

While last summer's Cash for Clunkers program appears to have accomplished many of its goals, car and light-truck sales are still far from returning to where they were just a few years ago. In fact, just months ago, the U.S. was scrapping more vehicles than were sold. R.L. Polk & Co. studied...Read More»

2010 Ford F-150 SVT Raptor
Pickup Sales Soar, Implying Brighter Days Ahead

According to the Wall Street Journal, pickups are on a roll. On the sales floor, popular models like Ford's F-Series have seen double-digit improvement over 2009, which is good news for automakers and potentially for the U.S. economy as a whole. In March of this year, sales of F-Series trucks like...Read More»

Kendall Toyota  -  Eugene, OR  -  First LEED Platinum dealership facility
Toyota Will Renew Incentives Through April, As Sales Soar

Thanks to the strong incentives offered over the past month, Toyota sales have recovered nicely despite multiple recalls and highly publicized federal investigations. But it looks like the automaker isn't going to ease off them quite yet. The original March Sales Event incentives, slated to expire...Read More»

2010 Chevrolet Camaro 2-door Coupe 1SS Angular Front Exterior View
Report: General Motors Will Own 17% Of The U.S. Market; Ford, Toyota Right Behind

The past couple of months, Toyota's recall fiasco has scuffed the automaker's image, but over the last year and a half, General Motors may have fared far worse. Between its bankruptcy, restructuring, dealer cuts, and brand wind-downs, GM has been hit with a barrage of criticism from the government...Read More»

2010 Honda Civic Hybrid 4-door Sedan L4 CVT Grille
Honda Counters Toyota Incentives With New Leasing Deals

Honda has announced its biggest set of lease deals ever, which market experts are identifying as an effort to stoke sales and save its market share against the aggressive incentives now being offered by archrival Toyota. The so-called Feature Special Lease program that runs through May 3 allows a...Read More»

Kendall Toyota  -  Eugene, OR  -  First LEED Platinum dealership facility
Even This Month, GM And Ford Outspending Toyota On Incentives

Toyota might have rolled out more incentives for March—including factory-subsidized financing and lease deals plus free maintenance—but GM, Ford, and Chrysler are still offering deeper discounts. During March, GM will have spent an estimated $594 million on incentives, while Ford will spend...Read More»

Kendall Toyota  -  Eugene, OR  -  First LEED Platinum dealership facility
With Incentives, Toyota Taking Back Its Market Share

The aggressive incentives offered by Toyota (NYSE:TM) appear to be working, bringing shoppers back to Toyota dealerships—and the automaker back from a recall-related sales slump. For the first half of March (through 3/14), Toyota has more than 14 percent of the market, according to the pricing...Read More»

2010 Chevrolet Equinox
GM Opens 'Test Drive Studios' For Chevy Equinox, Malibu, Traverse

On the sales and marketing fronts, every automaker worth its salt is focusing lots of attention on social media. But in addition to those high-tech tools, General Motors is also going back to basics in the showroom, taking a good, long look at the way in which salespeople interact with customers...Read More»

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