Toyota, riding U.S. sales recovery, to expand V6 production Toyota, continuing to flex its post-earthquake manufacturing muscle this year, plans to invest about $80 million to expand its Huntsville, Ala., engine plant to build mor ... Read More »
Nissan's profits drop in North America despite sales gains North American operating profit sank at Nissan Motor in the latest quarter, despite rising sales, as higher costs and fleet sales pinched margins. North American sales cl ... Read More »
Toyota tops GM in global vehicle sales in Q1 Toyota, the world's largest automaker from 2008 to 2010, sold the most cars and trucks globally in the first three months of the year as it made up for production lost to ...
Lexus distances itself from Toyota as it seeks to regain luxury crown Lexus is trying to separate itself from parent Toyota Motors Corp.’s stable -- at least a little -- and come up with a global strategy that gives BMW and Mercedes-B ...
U.S. sales gains cool, SAAR stays hot as 'headwinds' persist U.S. sales rose 2 percent in April. It was the smallest monthly advance since July. Hyundai and Kia recorded posted their tiniest increases in 20 months. Ford and General ...
Toyota rebounds with sales up 12% on Camry, Prius surge Toyota Motor Sales U.S.A.'s April sales jumped 12 percent over last year's results, trailing stumbling Ford Motor Co. by just 1,614 units. Toyota's April market share -- ...
GM's sales drop 8% as fleet sales fall GM's U.S. sales in April dropped 8 percent, partly from a decline in fleet sales, leaving GM's market share so far this year below its 2011 levels. GM sold 213,387 light ...
Ford dragged down by weak car, Lincoln demand Slower car sales pushed Ford Motor Co. to a 5 percent sales decline for April. The automaker sold 179,658 vehicles last month. ...
Chrysler soars again on strong SUV, sedan volume Surging sales of Chrysler Group's mid-sized sedans, minivans and SUVs led the automaker to a 20 percent sales increase in April, its 25th consecutive month of year-over-y ...
Honda sales down 2% on weak Civic, Fit demand American Honda sales fell 2 percent in April as big gains for the Accord and CR-V were countered by slumping demand for the Civic and Fit. The recently redesigned CR-V's ...
Altima slowdown flattens Nissan's April volume Lower incentives and a wind-down of its big-selling Altima sedan in preparation for a model change left Nissan Division sales flat in April. Nissan Division sales totaled ...
Subaru overcomes lean stockpiles to post 6% gain Subaru of America sales rose 6 percent in April, marking a fifth consecutive month of gains and paving the way for another record year, the company said. Sales increased ...
Discontinued models put dent in Mitsubishi sales Mitsubishi Motors, hurt by discontinued models, posted its fourth straight monthly sales decline in April, a trend Mitsubishi's top U.S. official expects to continue for ...
Mercedes leads BMW in U.S. luxury sales after 24% April gain Daimler AG's Mercedes-Benz brand regained the U.S. luxury-vehicle sales lead for the year over BMW with April deliveries rising 24 percent. ...
APRIL U.S. AUTO SALES
U.S. sales rise 2% in April; SAAR stays at 14.4 million U.S. light vehicle sales rose 2 percent last month to 1.2 million units, slightly above expectations, with consumers continuing to snap up new cars and other fuel efficie ...
Ford Q1 profit may fall by almost half on overseas losses Ford Motor may report that first-quarter profit slid by almost half as earnings in North America couldn't overcome losses in the automaker's international operations. ...
Sales recovery pushes AutoNation Q1 profits up AutoNation, the nation's largest dealership group, posted higher net income for the first quarter as U.S. consumers replaced their aging vehicles at an increasing clip. A ...
Next Mustang to follow Evos concept, ditch retro styling, report says The Ford Mustang will get a major makeover for the 2014 model year, The Wall Street Journal reported today. The newspaper said the automaker is working on a makeov ...
Chevy to drop Avalanche pickup in 2013 The Chevrolet Avalanche, the truck that helped launch the boom in crew cab pickups, is ending its run a decade after its sales hit their high spot in the United States. ...
GM sees new models spurring rebound from lower U.S. market share GM Vice Chairman Stephen Girsky said last week the automaker wasn't panicking over its U.S. market share slide. At 17.5 percent, GM's domestic market share through March ...
Prices for smaller used cars may rise in next few weeks Trade-in values of compact and mid-sized used cars are expected to peak over the next few weeks, a senior analyst at NADA Used Car Guide predicts, citing a shortage of us ...
March new-car purchases set new record for average mpg, study says The average fuel economy for new vehicles purchased in the United States rose to a record 24.1 mpg in March, from 23.9 the previous month, researchers at the University o ...
$4 gas fuels a surge in March sales It feels counterintuitive. Expensive gasoline not only helped propel new-vehicle sales in the first quarter. It was a key factor in the surge. But customers aren't flocki ...
CarMax posts 7% gain in net income in Q4 CarMax, the nation’s largest U.S. used-car retailer, posted increases in net earnings and revenues in its fourth quarter and fiscal year that ended Feb. 29. ...
Consumers shrug off $4 gas, keep sales recovery on track U.S. consumers shrugged off $4-a-gallon gasoline to buy 1.4 million light vehicles in March, the highest monthly total since August 2007. Sales were 13 percent higher tha ...
Chevy leads GM to 12% sales increase General Motors said sales in the United States rose 12 percent in March to 231,052 units on strong demand for fuel-efficient cars and crossovers. The gain came primarily ...
Toyota sales jump 15% on strong fleet, retail volume Toyota Motor Corp.'s U.S. sales rose 15 percent in March, aided by strong retail volume and higher-than-usual fleet demand. ...
Hyundai, Kia ride small cars to record volume Fueled by growing sales of small cars and U.S.-built vehicles, both Hyundai and Kia set monthly U.S. sales records in March. Hyundai's sales grew 13 percent and Kia advan ...
Ford's March sales rise 5% on small cars, EcoBoost engines Sales of the Ford Focus compact car helped to pace Ford Motor's March sales gain, but Fiesta subcompact sales plummeted as consumers opted for a Focus. Ford again saw its ...
Chrysler 200, Jeep line propel Chrysler Group to 34% sales increase Chrysler Group today reported that U.S. sales increased by 34 percent in March to 163,381 units, its best monthly sales since March 2008. Chrysler brand sales were up 70 ...
Aging Altima lifts Nissan brand 15%, but Infiniti slips 10% A strong push behind the aging Altima helped lift Nissan Division sales 15 percent in March to 126,132 cars and trucks. Altima sales surged 27 percent to 41,050 units for ...
MARCH U.S. AUTO SALES
Passat powers VW brand to 35% sales increase Volkswagen brand's U.S. sales rose 35 percent in March to 36,588 units, for the marque's best first quarter since 1973. Audi sales increased 18 percent to 11,585, helped ...
Subaru’s sales jump 20% fueled by Impreza’s best month ever Subaru of America today announced its second-best U.S. sales month ever, reporting a 20 percent gain for March over last year -- thanks in part to the Impreza sedan. ...
MARCH U.S. AUTO SALES
AutoNation raises 2012 forecast after strong March sales After strong March sales, AutoNation is raising its 2012 industry sales forecast to the mid-14 million range. ...
2012 MARCH U.S. AUTO SALES
Chrysler, VW, Hyundai-Kia and Toyota set March sales pace on small-car, truck volume U.S. light-vehicle sales -- aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp. -- rose 13 percent last month to 1.4 million units, with demand ...
Toyota to increase production of RAV4 at Ontario assembly plant Toyota's Canadian unit said today it will make an $80 million investment in its Woodstock, Ontario, assembly plant to increase RAV4 production from 150,000 vehicles to 20 ...
March U.S. auto sales forecast to rise 6% to 14% U.S. new-vehicle sales in March are expected to rise 6 to 14 percent from last year due to strong demand in the retail market, according to reports today. U.S. auto sales ...
U.S. auto dealers who survived debacle see record sales A 12 percent reduction in the dealer count in the United States since 2008, spearheaded by the government-sponsored reorganization of Chrysler and GM along with Ford's re ...
Mazda offers U.S. buyouts, may dismiss workers as losses mount Mazda, battling four years of losses, is offering voluntary buyout packages to U.S. workers and raising the specter of dismissals in an effort to cut costs. ...
Refreshed 2013 Toyota Venza will debut at New York auto show New York auto show visitors will be the first in North America to see the 2013 Toyota Venza crossover, Toyota says. The show will open to the press April 4 and to the pub ...
Mercedes-Benz USA's Cannon may be CEO, but still focused on brand For Steve Cannon, the difference between running marketing operations at Mercedes-Benz USA and running Mercedes-Benz USA is about 60 days. Cannon, the brand's CMO for fiv ...
SAAR soars in 'a breakout month' The really good news in last week's way-better-than-expected February sales report: It was no fluke. The rest of 2012 looks nearly as strong, and carmakers and their supp ...
U.S. sales soar as market drivers get 'better ... better ... better' February U.S. auto sales soared 16 percent over a strong year-ago period to the fastest selling rate in four years. The performance exceeded analysts' and automakers' for ...
Chevy helps GM avoid another decline GM eked out a 1 percent sales increase in February, helped by strong demand from commercial buyers and recent launches such as the Chevrolet Sonic. The automaker's gain c ...
Toyota sales rise 12% as inventories recover With inventories recovering from last year's earthquake, Toyota Motor Sales U.S.A. reported a 12 percent increase in February sales, reaching 159,423 vehicles. Toyota Div ...
Chrysler Group volume leaps 40% on car surge Chrysler Group extended its month-over-month sales-gain streak to 23 months in February, posting double- or triple-digit sales gains on every continuing model in its line ...
Ford's Feb. sales rise 14%, led by Focus, F series As fuel prices soared, sales of the Ford Focus compact car more than doubled in February to 23,350 units. Focus was the second-best selling Ford vehicle in February, trai ...
Nissan sells more trucks despite fuel worries Sales of SUVs and trucks at Nissan Division rose in February despite forecasts of rising fuel prices, while sales of some fuel-efficient small vehicles declined. ...
BMW, buoyed by new 3 Series, tops Mercedes, Lexus in U.S. sales BMW AG's BMW brand roared back ahead of Daimler AG's Mercedes-Benz to lead U.S. luxury auto sales last month when its new 3 Series sedan reached showrooms. ...
Canadian auto sales stay strong in February Auto sales in Canada posted strong gains in February, mirroring sales growth in the United States that topped analyst expectations, as increasing numbers of consumers rep ...
2012 FEBRUARY U.S. AUTO SALES
Chrysler leads Feb. sales gains as industry volume jumps 16% U.S. auto sales led by Chrysler Group surged 16 percent in February, giving the industry its strongest showing in four years in a fresh sign that the recovery is gaining ...
Sonic says 'playbook' strategy helped Q4 new-vehicle unit sales rise 15% In 2012, Sonic Automotive, the No. 3 U.S. auto dealership group, will finish rolling out a new-vehicle sales strategy that it credits with fourth-quarter sales growth 50 ...
FEBRUARY U.S. AUTO SALES
Sales forecast to reach 14M rate for Feb. Light vehicle sales in the United States are projected to reach an annual selling rate of 14 million this month, J.D. Power and Associates said today as it lifted its for ...
Chevy Volt cleared for California carpool lanes General Motors has begun shipping a low-emissions version of the Chevrolet Volt to dealerships in California, a move GM hopes will revive sales of the plug-in hybrid. ...
JOHN K. TEAHEN JR.
Show some mercy for the company sales analyst Pity the poor auto sales analyst. After January’s results came in, his boss began bugging him for a full-year forecast to facilitate manufacturing plans and what no ...
U.S. Honda boss reinstated to parent-company board The head of American Honda, Tetsuo Iwamura, is being promoted and reinstated as a member of the company's board of directors in June. ...
Dealers must exercise caution in expanding as per-store sales rise A projected rise in auto sales per dealership to record highs in the United States this year will test dealers' ability to continue the practices that helped them survive ...
BMW fights Mercedes with new fuel-efficient 3-series sedan While BMW won the race for the luxury car market in the United States last year, the world's largest premium automaker is keeping a sharp eye on its rear-view mirror. ...
JOHN K. TEAHEN JR.
For hybrids and EVs, hype far outpaces the sales It’s time to pass out a few bouquets, and I bestow my heartiest congratulations on the Detroit auto show, more formally known as the North American International Au ...
Honda's credit rating outlook lowered by Moody's Honda’s credit rating outlook was dropped from stable to negative by Moody’s Investors Service over concern the automaker faces challenges in regaining its ma ...
Subaru sees 20% sales surge on back of new models Subaru is targeting a 20 percent surge in sales in the United States to a record 320,000 units in 2012, helped by the debut of such new models as the BRZ sporty coupe and ...
AutoNation says vehicle sales rose 7% in January Increases in import and premium luxury vehicle purchases helped AutoNation post a 7 percent increase in new vehicle unit sales last month. ...
2012 JANUARY U.S. AUTO SALES
Automakers bullish as January volume forges strong early pace U.S. auto sales jumped 11 percent in January, led by huge gains at Chrysler Group and Volkswagen of America. Automakers sold 913,284 light vehicles for the month, the bes ...
GM sales fall 6% on incentive hangover GM's sales sank 6 percent in January, a hangover from a year earlier when GM pumped up sales by piling on incentives. GM sold 167,962 vehicles last month, with the total ...
Strong Camry launch propels Toyota sales up 7.5% Toyota Motor Sales U.S.A. posted a 7.5 percent sales increase in January, with the continued strong launch for the redesigned Camry propelling Toyota Division to a 9 perc ...