sales

Cash-For-Clunkers Reveals Weakness Among Detroit Brands
Cash-For-Clunkers Reveals Weakness Among Detroit Brands

It's obvious from the comments on this site and others in the High Gear Media family that Cash-for-Clunkers remains a hot-button issue, and new data about the program is likely to fuel the fire: according to stats from the National Highway Traffic Safety Administration, most car buyers used...Read More»

2010 Volkswagen Polo
Volkswagen Trumps Toyota To Become World's Largest Automaker

Based on simple production stats, Volkswagen is now the world's largest automaker. Over the first nine months of 2009, VW produced 4.4 million units, while Toyota cranked out 4 million even. (Ford came in third at 3.7 million.) We're not sure how long VW will remain at the top of the heap, since...Read More»

Nissan President and Chief Executive Carlos Ghosn
Carlos Ghosn: Auto Sales Have Bottomed, Nowhere To Go But Up

Speaking at a World Economic Forum in New Delhi, Carlos Ghosn -- head of Nissan Motor Company and Renault SA -- had some interesting things to say about the global auto industry. Among the most notable and encouraging items, Ghosn believes that the international sales slump has ended and that the...Read More»

Akio Toyoda
Toyota Posts First Profit In Months, Lifts Sales Projections

Detroit's Big Three may have grabbed most of this week's headlines, but that doesn't mean that the rest of the world's automakers have been sitting on their hands. One story that isn't getting much play is the fact that Toyota Motor Company -- which posted its first-ever loss last fiscal year --...Read More»

Alan Mulally
Ford Posts Strong Financial Data, First Profit Since 2005

The rumors were true: Ford Motor Company has just published financials from the third quarter of 2009, and without being overly optimistic, it's fair to say that the data is moderately rosy. Among several bright spots in the report, one that seems particularly impressive is that July - September of...Read More»

2010 Ford F-150 SVT Raptor
J. D. Power Estimates Show Sales Creeping Upward

The good news  for the auto industry -- or at least, the less terrible news -- keeps on coming: according to projections from J.D. Power & Associates, new vehicle sales for October 2009 are expected to ring in just 6% below the same period in 2008. That's the best year-over-year improvement...Read More»

Ford May Post Third-Quarter Profit Next Week

It's no secret that Ford Motor Company has withstood the current financial storm far better than Chrysler and General Motors. Between its refreshed reputation as a manufacturer of quality vehicles and the fact that Ford was the only Detroit automaker to dodge both bankruptcy and bailout dough, the...Read More»

Used car salesman
Used Car Prices Hit Record High

According to the Manheim Used Vehicle Value Index, used car prices hit an all-time high in September, based on sales values and trade-in values for vehicles across the U.S. The rise is due in part to Cash for Clunkers, which shrank used car inventories. However, Manheim also attributes the spike to...Read More»

grabber_blue.jpg
Silver Takes The Gold

Fun fact: about 39% of all Ford F-150 Raptors have been sold in Molten Orange. And 10% of all 2010 Ford Mustangs have been bought in Grabber Blue. But 25% of all North American new car buyers drives home in a silver ride. Says Jane Harrington, manager of color styling, automotive coatings for PPG...Read More»

2009 Mazda B-Series
B-Series, B-Seeing You: Mazda Leaves U.S. Pickup Market

Don’t look for a 2010 Mazda B-Series; the nameplate has quietly slipped off Mazda’s U.S. roster this fall. The move leaves only a few compact pickups in the North American market. The 2010 Ford Ranger gets side airbags and electronic stability control, as we’ve reported, but it otherwise...Read More»

Rusty pickup
Pickup Trucks Set To Rebound, Led By Ford And GM

It's no secret that pickup sales have been suffering for some time. The segment's troubles hit full-tilt when fuel prices spiked during the summer of 2008, and those problems were magnified by the economic turmoil that began walloping the globe last fall. But there is some light at the end of the...Read More»

GM on eBay
GM Extends eBay Sales Program To September 30

When General Motors emerged from bankruptcy on July 10, the company's newly reinstalled PR man, Bob Lutz,  made several important announcements. Among them: GM had begun partnership with eBay, which would offer customers the opportunity to bid on and purchase vehicles through the popular auction...Read More»

Transormers special edition Camaro
2010 Chevrolet Camaro Outsells Ford Mustang Again

When comes to Detroit's Big Three, Ford is the belle of the ball these days: the company never accepted bailout dough from the U.S. government, and as a result, Ford's brand and its sales are both doing pretty well. However, one of the company's flagship models -- the Ford Mustang -- has recently...Read More»

Diamond-studded luxury Lamborghini key fob by Amosu
Modesty Is In; Luxury, Profit Margins Are Out

We've all heard of the Hemline Index, which asserts that women's skirts become more modest in tough economic times. Well, a parallel in the auto industry claims that notions of good taste force a drop in conspicuous consumerism during rough money days. Case in point: in 2005, the luxury car segment...Read More»

Hummer H2 Ditched
HUMMERs And Handguns -- Now Under One Roof

Sadly, this hasn't been HUMMER's year. The brand was already known as the poster child for gas guzzlers; now it's being bought by a company in China (with final details expected this week), and sales on the lots have tanked. So what's a HUMMER dealer to do? Expand operations, of course. Branch out...Read More»

Cash-for-Clunkers' online buzz (from Nielsen)
Survey: Nielsen Reports Cash-For-Clunkers Online Data

Media metrics powerhouse Nielsen Research spends a great deal of time analyzing TV ratings and buying habits, but the company has also kept its eye on the federal government's Cash-for-Clunkers initiative. New data reveals some interesting insights about the program and its effect on the public. As...Read More»

2011 Hyundai Equus (Korean-market vehicle)
Hyundai-Kia Becomes The World's Fourth Largest Automaker

Hyundai-Kia Automotive Group is now the world's fourth-largest automaker, according to Automotive News Data Center. To reach that spot, the company leapfroged over Ford Motor Company, outselling it by 8,000 units in the first six months of 2009. That's a quite a feat, if you consider that the...Read More»

Das Autobahn
Germany Wants 1,000,000 EVs On The Road By 2020

Germany has set a goal of putting 1,000,000 electric vehicles on its roadways by the year 2020, and Chancellor Angela Merkel is putting together a plan to make that happen. The plan relies on financial incentives to both manufacturers and consumers, which would begin rolling out in the 2012...Read More»

Automotive Stimulus Program Logo
Automotive Stimulus Program Takes The Government Out of Clunkers?

The reports are mounting of an increasingly common scene: a would-be new car buyer is thwarted in their attempts to trade in a car under the government's cash for clunkers program, and leaves the lot dejected. But now a private group of automotive retailers has joined forces to offer their own...Read More»

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