While compact SUVs are doing well in the showroom, their success comes at the expense of midsize and compact car sales.
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Sales of small luxury crossovers jumped 40% in February 2015 and so far this year are up 40% compared with the first two months of 2014.
Subtract the newcomers from that equation and the continuing nameplates, those which were on sale at this time last year, posted a 3% February improvement but are down 1% through two months.
Those new players – NX, MKC, Macan, X4 – generated 29% of the small lux CUV activity in January and February. Yet their collective arrival, both at the lower end with the NX and MKC and at the higher end with the Macan and X4, aren’t slowing down the Acura RDX, Volvo XC60, and Range Rover Evoque. Read More >
In response to today’s editorial on the CAFE overview, reader jmo proposed a novel solution to the very idea of regulating fuel economy.
Through the first two months of 2015, U.S. sales of non-Mustang Ford brand cars are down 2% to 91,026, a marginal loss of 1813 units. The overall Ford brand car lineup tumbled 6% in the month of February despite the Mustang’s 32% year-over-year improvement. The five non-Mustangs slid 11%, a loss of 5592 units to 45,234. The Mustang was Ford’s third-best-selling car, contributing another 8454 sales.
That February result was more in keeping with the Ford brand’s recent car sales disappointments. But we can’t be surprised to see Ford’s car division falling after 2010’s 22% improvement, 2011’s 14% jump, the 7% increase in 2012, and 2013’s 10% uptick. Ford’s share of the overall passenger car market increased to 10% in 2010, climbed to nearly 11% in 2011 and moved past 10% in 2013 again. Mustang aside, the results we’re now seeing from Ford’s cars reflect the age of the lineup. Read More >
TTAC’s managing editor, Derek Kreindler, used an interesting phrase last Friday. “Well, this ought to erase memories of the Routan,” Derek wrote.
Memories? Of the Routan?
Who has memories of the Volkswagen Routan? Read More >
Mitsubishi Motors USA broke its one-month-old, sixth-generation Mirage sales record in February 2015, soaring up to 1863 units, a 67% year-over-year improvement.
The Mirage is a penalty box in the classic sense of the automotive term – in genuine penalty boxes you’re forced to sit beside a guy who takes notes like a secretive therapist while a camera looks up your nostrils.
But by the relative standards of Mitsubishi’s current U.S. status as a low-volume mainstream automaker in a high-volume market, the Mirage is a hit. And by, “a hit,” we mean it does ok. By Mitsubishi’s standards and our expectations for an 74-horsepower subcompact. Read More >
Trivia time: which cars combined to sell less than half as often in the United States in the first two months of 2015 as the BMW 3-Series and its 4-Series two-door (and four-door) offshoot?
The Audi A4 and Cadillac ATS. Or a number of other pairings listed in the chart below. Take your pick. Read More >
In the past, six-year auto loans were few and far between. Today, more of those loans are being issued, with seven- and eight-year loans gaining popularity.
In an investigative segment on ABC’s “Good Morning America” Thursday, ABC News purchased a vehicle under recall from a dealer who had not repaired it.
Sales of full-size, body-on-frame, pickup truck-based SUVs from volume brands are up 58% through the first two months of 2015.
The Chevrolet Suburban and Tahoe, GMC Yukon and Yukon XL, Ford Expedition, Nissan Armada, and Toyota Sequoia produced 41,557 sales in January and February, or about the same number as the Toyota RAV4, America’s second-best-selling SUV/CUV. RAV4 sales are up 25%, year-over-year. Read More >
Long ago, Volkswagen once sold (non-Chrysler) vans, utes and trucks in the United States. Those days may come again.
FCA Canada outsold the Ford Motor Company by 3690 units in February 2015, stretching the company’s year-to-date lead over second-ranked FoMoCo to 7162 sales.
Keep in mind, FCA (formerly Chrysler Group) was more than 5000 sales ahead of Ford Canada at this time last year but couldn’t hold on for an annual title. Read More >
GM is set to significantly reduce operations in Russia, as the once promising auto market suffers under the weight of economic uncertainty and a difficult regulatory regime.
Forget about leasing Benzes and Lexuses: trucks are the new hotness, thanks to higher residuals and transaction prices, as well as more content.
Volvo is having a hard time moving most of its wares out of the showroom in Canada, with its wagons being the silver lining to its cloud.
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