sales

U.S. Auto Sales: SAAR Jumps To 12.5 Million
U.S. Auto Sales: SAAR Jumps To 12.5 Million

The Seasonally Adjusted Annual Rate (SAAR) for U.S. auto sales bounded to 12.5 million in early March. Aside from last August, when Cash-for-Clunkers sales were in full swing, that's the highest SAAR on record since September 2008. The bounce is credited to the vast number of sales incentives...Read More»

2010 Cadillac CTS Sport Wagon
Cadillac Returns To Europe, But With Modest Expectations

The past 18 months or so haven't been easy for General Motors, here or abroad. In Europe, GM endured much tense talk about its Opel brand, and the Kroymans Group fell prey to the global economic meltdown, leaving GM without a European distributor in over the half the markets it serviced. Now, a new...Read More»

Car Dealer
Frugal Shopper: What Time, Day, Month Is Best For Deals?

If you're thinking of heading out to the dealership to close the deal this weekend—especially if it's Friday—you might want to hold off. And Saturday? Well, it depends, but unless it's close to the end of the month, you're more likely to get a better deal if you wait until Monday or Tuesday...Read More»

2010 Ford Fusion Hybrid 4-door Sedan Hybrid FWD Grille
Ford Is February Sales Champion, GM and Toyota Left In Dust

Well, here's one recipe for success in the U.S. auto business: Introduce a rapid-fire sequence of new and thoroughly revised vehicles with best-in-class fuel efficiency, then quickly roll out a widely-acclaimed voice-activated infotainment system across all your lines. Oh, yeah, and ... don't take...Read More»

2010 Chevrolet Cobalt
Frugal Shopper: The Most Deeply Discounted New Vehicles

If you're looking for a sweet deal and not too picky about getting the latest and greatest, you have plenty of options. Over the past month the 2010 Ford Ranger has sold at 17 percent below MSRP, on average, and is the most deeply discounted new model, while the 2010 Hyundai Sonata and 2010 Jeep...Read More»

Dodge Viper Red 2003 from ChryslerGroupCollection.com
Chrysler: Sales Slip, Product Offerings For Fans Expand

To put it mildly, Chrysler is having a tough time on the sales front. Despite some incentives added over the last weekend of January to woo safety-concious Toyota owners looking for a trade-in, the company saw an 8% slip in sales compared to January 2009 -- which was itself a dismal month, ringing...Read More»

Traffic in China
Report: China Recommended As Major Focus For Automakers

Boston Consulting Group has released a study that should be particularly interesting to automakers. BCG has determined that Brazil, Russia, India, and China (aka the BRIC countries) will account for nearly 31% of the growth in the auto market over the next four years. Of the four, China is best...Read More»

2010 Detroit Auto Show, with Speaker of the House Nancy Pelosi inspecting a 2011 Chevrolet Cruze
Surprise: Auto Shows Really Do Sell Cars, Says NY Auto Show Owner

Sometimes we get a press release that makes us scratch our heads. Take this morning's little epistle from the 2010 New York Auto Show, the nation's largest, which opens to the public on April 2. According to the findings of a "third-party research group," 72 percent of last year's New York Auto...Read More»

Car Crusher by Flickr user wilkesjournal
U.S. Fleet Shrinks, As More Vehicles Go To The Crusher

For the first time since Word War II, the annual number of vehicles scrapped exceeded the number of new vehicles sold. That’s solemn news for the auto industry. U.S. vehicle sales had been in a sustained boom period of 15 to 17 million vehicles per year from 1994 through 2007. And the size of the...Read More»

Scott Keogh
Scott Keogh Explains Why Audi Is The Only One Making Money

To hear Scott Keogh tell it, Audi is the only car company making money these days. When he says that, we suppose he means "only non-Asian car company", since Hyundai, Kia, and Subaru were up 8.3%, 9.8%, and 15.4% respectively in 2009. But maybe we're just stuck on semantics. Now, we agree with Audi...Read More»

General Motors Cadillac Dealership
GM Reins In Dealerships By Offering To Pay For Facelifts

GM is nudging its dealerships along by offering them some direct money—paid out over five to ten years—to remodel and freshen-up, and meet some tighter standards. Anyone who's shopped around—in a major metro area, especially—knows that while dealerships are the 'face' of the automaker, they...Read More»

2001 Chrysler PT Cruiser Woody
The Rising And Falling Stars Of The Decade: A Quick Look

Just like the trucker hat jammed in the corner of your closet (let's hope), vehicles come and go with the tides of time, and what was hot just a few years ago might be an unremarkable ride today. Such is the case with the Chrysler PT Cruiser, which was an overwhelming sales success early in the...Read More»

J.D. Power's 2009 Customer Retention Survey
JD Power: Mercedes, Honda, Toyota Best In Customer Retention

During economic times like these, customer retention has given some automakers an edge in the marketplace. Though studies have suggested that brand loyalty is a thing of the past, J.D. Power's new Customer Retention Survey shows a whopping 67% of Mercedes-Benz buyers remain loyal to the company...Read More»

Japanese travel poster
Detroit Cries Foul On Japan's Cash-For-Clunkers Program

As congress planned the controversial Cash-for-Clunkers program over the spring and summer of this year, there was some discussion of limiting new car subsidies to American brands; that provision was dropped, however, following outcries from other countries and from thousands of employees who work...Read More»

2011 Ford Fiesta
Ford Fiesta Off To A Strong Start With 1,000+ Reservations

In just one week, Ford has taken over 1,000 reservations for the much-hyped 2010 Ford Fiesta -- a car that won't roll into showrooms until next summer. The rush may be due to the company's highly effective "Fiesta Movement" campaign, or it might have something to do with the free SYNC system and...Read More»

Used car salesman
Sales Lost To Dealer Tactics: J.D. Power Puts Numbers On It

Automotive brands are losing an average of 12 percent of their buyers to competitors due simply to "poor customer treatment" at the dealership. If you've ever walked away from a dealership while new-car shopping due to icky sales tactics, you probably don't find that surprising, but it's one of...Read More»

2010 Honda Civic Si Coupe
Honda Poised To Pass Chrysler In Sales, Become Number 4 In U.S.

It's no longer just Toyota that's running with the Big Three in terms of sales. Over the past month, Honda has quietly passed Chrysler as the number-four automaker in the U.S. market. That places American Honda after Toyota Motor Sales and the new General Motors Company in U.S. sales. The change in...Read More»

Car lot
Auto Sales Flat For November (It's A Good Thing)

If, as they say, "flat is the new up", then auto sales were way up last month. The U.S. saw 746,928 car and truck sales in November 2009 -- a statistical dead-heat with the 746,789 sold in November 2008. Of course, not every automaker stayed flat: Ford sales crept up .1%, while GM dipped 1.8% and...Read More»

From THE GOODS
New Cars More Affordable Than They've Been Since 2004

Attention, shoppers: new cars are more affordable today than they've been in over five years. According to Comerica Bank's Auto Affordability Index, it now takes the average family 21.9 weeks of income to pay off an average-priced vehicle. Sadly, that's not because household income has risen, but...Read More»

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