Category: Sales

By on September 30, 2013

Back in the 1950s, when Europe was still rebuilding after World War Two, Ford Motor Company and General Motors decided to show the world what a cost-no-object car was like in the American idiom. First Ford introduced the 1956 Continental Mark II, hand assembled down to the component level, that was said to lose $1,000 on each and every $10,000 Mark II sold. Adjusting for inflation, that loss is the equivalent about $8,600 in 2013 money. A year later, GM started selling the Motorama influenced Eldorado Brougham, at an even steeper $13,074. Motor City lore has it that not only was the Eldo Brougham thousands more expensive than the Mark II, its loses exceeded those of the Mark II by thousands of dollars as well. Now the Sanford C. Bernstein brokerage has looked at how much money various European automakers have lost on particular cars since 1997.

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By on September 28, 2013

2014 Nissan Rogue

At some point in the crush of the news cycle, Nissan unveiled an all-new Rogue for 2014, based off their new CMF platform. The Rogue will still retain 4-cylinder power, but will now seat seven, moving up a class size. But for those who want something smaller, Nissan’s got something for you as well. The old Rogue.

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By on September 25, 2013

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While the engine behind the exceptional growth in new car sales is a hotly debated topic, leasing is proving to be an undeniable catalyst behind this year’s impressive new car sales numbers. Through June of this year, leasing accounted for 25.7 percent of new car sales, versus 22.2 percent in 2012.  A decade ago, that number stood at just 17.5 percent.

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By on September 25, 2013

Claim your Mazda Summer Sales

The new 2014 Mazda3 is getting rave reviews for its improved looks to go along with Mazda’s typical best-of-class driving dynamics. Last month, Mazda had its best August sales ever in the United States, with slightly over 28,000 units sold.

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By on September 23, 2013

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Is the world ready for a $70,000 Kia? Just days after the moniker for Kia’s new rear-drive flagship was revealed, Automotive News is reporting that top-trim versions will approach the $70,000 mark.

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By on September 22, 2013

Caterham’s showing off the “Aero Seven” concept, its latest attempt to comprehensively update the idea of the Seven for the next generation of drivers. (Their last attempt, the Caterham 21, was not well received and ended up being discontinued.) In addition to showing this very polished and very modern-looking car, Caterham’s co-founder Tony Fernandes discussed some future product that falls well outside the company’s traditional mission.

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By on September 20, 2013

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Barring the unforeseen, 2013 will end as the fourth consecutive year of improved auto sales in Canada and one of the best years on record for total industry volume. After a first quarter in which Canadian sales slid 2%, volume has increased in each of the last five months.

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By on September 19, 2013

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This august publication has proven more than willing in the past to criticize Dutch Mandel’s writing. The Autoweek editor-in-chief has long been not so much a journalist as a junketeer and upscale-meal-consumer of the first rank, dispensing harsh words without fear unless the potential target for those words is an automobile manufacturer of some type.

It would appear, however, that Mr. Mandel is finally ready to take a carmaker to the woodshed over customer service and product reliability.

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By on September 19, 2013

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General Motors announced that production of the 2014 Corvette Stingray Coupe has begun and that it has started shipping the all-new 7th generation Corvette to dealers from the Bowling Green, Kentucky facility where the sports cars are assembled.

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By on September 18, 2013

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PSA, parent company of Peugeot and Citroen, is said to be exploring a partnership with China’s Dongfeng, as Peugeot looks for ways to strengthen itself amid weak sales and a perpetually sputtering European car market.

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By on September 17, 2013

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Datsun’s newest vehicle, unveiled in Jakarta today, is a stretched version of the Go, dubbed the Go+. While this will elict a shrug of the shoulders for most of you, it’s an astute move by Datsun.

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By on September 16, 2013

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Mercedes-Benz E-Class sales shot up 44% in August 2013, a 2008-unit gain. This improvement followed up on July’s 10% year-over-year improvement, which put an end to four consecutive months of decline for the now-recently facelifted E-Class, Mercedes-Benz’s core midsize model.

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By on September 16, 2013

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The United States Federal Trade Commission has launched an investigation into whether car dealers colluded against the online car shopping site, TrueCar, over price competition the site encouraged. Automotive News is reporting that a number of car dealers, including the Kelly Automotive Group in the Boston area, received letters from the FTC saying that the agency is looking into whether companies in the “retail automobile industry” committed anticompetitive acts “by agreeing to refuse to deal with TrueCar” during 2001 and 2012.

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By on September 10, 2013

TTAC_small-premium-SUVs-august-2013-chart

We’ll confirm it. Again. America is becoming ever more hungry for small premium brand crossovers, and that’s not simply a result of there being more $40,000 German utility vehicles from which to choose.

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By on September 9, 2013

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If you want to know why Jaguar and Lexus are introducing compact crossover concepts at the Frankfurt Auto Show this week, all you have to do is check the sales data. Crossover sales are soaring, particularly compacts. Last month, Toyota’s RAV4 was up 50% year to year, and the CR-V at Honda had its best sales month yet. Car sales in general are good in the United States right now, with overall August sales up 17%, but sales of smaller crossovers have doubled that and then some at 36%. Crossovers have gained market share for 10 straight months and now take just over a quarter of the total market, on a pace to sell about 4 million units this year. Overall crossover sales are up about 2% from last year, with compacts making most of that difference. As recently as 2007, crossovers only made up 15% of U.S. light vehicle sales. Pickup trucks are usually seen as America’s favorite vehicles, but in August crossovers outsold pickups by almost a 2 to 1 margin. Read More >

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