Sales

Ford to halt B-Max production on slow sales, report says

Aug. 29, 2014 11:22 CET
Ford will halt production of the B-Max at its Romanian plant for nine days in September, a report said. The automaker has halted output in Romania several times since September 2013 on slow sales of the minivan....
Read More »

 

Lexus NX may challenge RX for brand sales leader outside U.S.

6:51 am U.S. ET | Aug. 29, 2014
The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global nameplate. At least outside the United States....
Read More »

 

Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET
Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in Ukraine continues to hit consumer confidence....
Read More »

 

AUGUST U.S. AUTO SALES

Sales rate to top 16 million for 6th month in a row, analysts predict

12:46 pm U.S. ET | Aug. 27, 2014
Auto sales volume in the United States is expected to keep rolling along in August, with two independent forecasters predicting a sixth straight month of 16 million-plus selling rates. TrueCar predicts a seasonally adjusted annual selling rate of 16.6 million for August and LMC Automotive/J.D. Power is just behind at 16.5 million....
Read More »

 

BMW joins Cadillac wooing Silicon Valley to combat Tesla

2:24 pm U.S. ET | Aug. 27, 2014
BMW scored a coup this month when former Apple executive Tony Fadell became one of the first owners of the new $136,000 i8 plug-in sports car in the United States. Car companies covet Californians, who are seen as trendsetters for the rest of the country. All the better if they can win adherents among executives at companies striving to stay at the cutting edge of technology....
Read More »

 

AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union....
Read More »

 

BRUCE GAIN

Hollywood glamour, Parisian chic and the Peugeot 308

12:01 am U.S. ET | Aug. 26, 2014
PSA is using the Hollywood film "Lucy" to give its Peugeot 308 a marketing boost in more than 50 markets around the world as the automaker strives to build sales outside Europe....
Read More »

 

VW Group sales rise 7% in July on Europe, China gains

Aug. 26, 2014 12:22 CET
VW Group sales increased 7 percent in July to 808,500 vehicles as gains in Europe and China outweighed declines in the Americas. Through seven months the automaker's volume is up 6 percent to 5.78 million....
Read More »

 

Russia's AvtoVAZ to cut Lada production

Aug. 25, 2014 12:02 CET
Russia's AvtoVAZ said it plans to cut production of its Lada cars in the next three months by 25,000 because of rapidly declining demand for new vehicles in the country....
Read More »

 

Used pickup prices strong, but how long?

12:01 am U.S. ET | Aug. 25, 2014
How long will prices of used full-size pickups stay strong?...
Read More »

 

Manheim enters high-tech lane

12:01 am U.S. ET | Aug. 25, 2014
Manheim, the nation's largest auto-auction company, is spending $100 million over three years to give every aspect of its operations a high-tech makeover....
Read More »

 

Nissan stands pat on 2015 Frontier pricing, raises Xterra about $300

2:40 pm U.S. ET | Aug. 22, 2014
Nissan announced pricing on the 2015 models of its Frontier pickup and Xterra SUV today. Pricing on the Frontier is unchanged in the 2015 model year, starting at $18,850, including shipping, while the 2015 Xterra starts at $24,520, including shipping, about $300 more than the 2014 model....
Read More »

 

Toyota to expand Highlander production in Indiana, invest $100 million

11:36 am U.S. ET | Aug. 22, 2014
Toyota said today it will spend $100 million to increase production of the Highlander crossover in Princeton, Ind. The Highlander has been bumping against its production ceiling at the Indiana assembly plant....
Read More »

 

Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found. Even widespread recalls that generate sweeping publicity had little to no effect on residual values, which represent the value of a used vehicle. The study comes as the U.S. auto industry will set a record in 2014 for vehicle recalls....
Read More »

 

Russia will consider support for car market, reports say

Aug. 20, 2014 10:13 CET
Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bosch, Faurecia, ZF grow in 2013; combined Europe sales for top 30 rise 7%

Aug. 20, 2014 06:01 CET
Europe's biggest suppliers rebounded last year as the region showed signs of recovery in the final months of 2013. Overall 2013 European sales by suppliers in the top 30 increased by 7 percent to $183.5 billion compared with the year before....
Read More »

 

Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things'

1:30 pm U.S. ET | Aug. 19, 2014
Auto sales in the United States are approaching the highest levels that the market can sustainably support and could suffer long-term damage as automakers increasingly turn to subprime financing and seven-year loans to boost market share, the top sales executive at American Honda warned today....
Read More »

 

NICK BUNKLEY

Why Honda's John Mendel wants customers to buy a Treasury bond on wheels

3:28 pm U.S. ET | Aug. 19, 2014
Jittery stock market? Honda's John Mendel wants you to take your money out of Google, Apple and Tesla -- and put it in Hondas. Not Honda stock. Actual Hondas. They're like Treasury bonds on wheels, with cupholders....
Read More »

 

Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
Read More »

 

PRICE WATCH

Falling used-vehicle values threaten recovery

12:01 am U.S. ET | Aug. 18, 2014
The long-awaited decline in used-vehicle prices has finally arrived, only it may turn out to be steeper drop and a bigger threat to the overall market than almost anyone expected....
Read More »

 

Outside companies make inroads with inventory software

12:01 am U.S. ET | Aug. 18, 2014
Independent automotive software companies have begun to recognize the potential for inventory management analytics and now offer their own tools, with a price tag attached....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford Store borrows from Apple in bid to move brand upscale in Europe

Aug. 18, 2014 06:01 CET
Ford is the latest automaker to borrow ideas from tech giant Apple. The automaker is rebranding 500 European dealerships as Ford Stores ahead of launching its new Vignale premium trim line....
Read More »

 

China finds Mercedes guilty of price fixing, report says

Aug. 18, 2014 10:53 CET
Mercedes has been found guilty of manipulating prices for aftersales services in China, the official Xinhua news agency reported. Foreign automakers have been under scrutiny in China amid reports by state media that they are overcharging consumers....
Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported....
Read More »

 

EDITORIAL

Slowdown ahead?

12:01 am U.S. ET | Aug. 18, 2014
Five years into a long, steady auto sales recovery, economists and forecasters are seeing darker clouds on the horizon....
Read More »

 

Rocket Fuel