Category: Sales

By on February 17, 2018

2018 Nissan Leaf

After becoming something close to a joke over the past couple of years, the once-groundbreaking Nissan Leaf enters 2018 with a new skin, larger battery, and enhanced range. Next year brings an optional battery upgrade, finally giving the five-door EV a range capable of challenging Tesla and General Motors.

Now that it has a competitive vehicle positioned as a value pick in a growing segment, Nissan wants everyone to get a chance to buy one, no matter where they live. It may have shied away from sales targets in the U.S., but Nissan’s not dialing back its global ambitions. Read More >

By on February 17, 2018

tesla model 3

Despite the fandom surrounding all things Elon Musk, there are still some electric car shoppers who’d rather drive than wait. It also seems that, when weighing a prospective Tesla Model 3 purchase, some consumers are willing to let price sway them to another car with a similar driving range.

None of this should come as a shock to those not immersed in blogs and forums devoted to championing Tesla as the sole agent of change in the automotive sphere, and the only “pure” solution to Earth’s problems. To some true believers, however, these shoppers could be seen as traitors to the cause.

That’s their problem. For General Motors, Tesla’s loss of customers is the legacy automaker’s gain.

Read More >

By on February 16, 2018

2018 GMC Yukon Denali Ultimate Black Edition

We did it! Thanks to the modern obsession with larger vehicles and opulence, domestic luxury brands are taking off like a rocket. It’s going so well, in fact, that American automakers are starting to steal market share from high-end import manufacturers. Of course, this is only applicable to SUV and crossover sales.

As you know, sedan sales are losing ground to their high-riding counterparts. While this hasn’t resulted in the obliteration of the passenger car market, despite claims to the contrary, those vehicles are being massacred by wayward consumers. Sedans are becoming passé and this has allowed sport utility and crossover vehicles to amass a significant portion of the pie.

Nowhere is this more apparent than in the luxury market. The rapid growth of the luxury truck segment has substantially increased the United States’ share of domestic models sold with an average transaction price of $60,000 or more. Apparently, the inarguably phenomenal Mercedes-Benz S-Class doesn’t have jack squat on the GMC Yukon Denali.

Suck it, cars.  Read More >

By on February 15, 2018

Image: Lada

U.S. light vehicle sales sunk slightly in 2017 after years of increases, and this year’s not looking any different. In Russia, however, it’s the opposite situation. After making like the Germans at Stalingrad for the past three years, the Russian car market is now advancing like a T-34 tank — and it has the country’s most famous car brand to thank for it.

Leading the pack is none other than Lada, a company known for cranking out archaic, seemingly indestructible Iron Curtain cars for decades with only minimal changes. That was then, though, and this is now. Spurred by a rebounding economy, sales of new Lada models helped Renault-owned parent company Avtovaz drastically cut its losses in 2017.

Lada’s top brass can give credit to a very Western product strategy. Read More >

By on February 13, 2018

cars dealer dealership, Image: HappyAlex/Bigstock

While sales numbers are a decent metric for assessing volume, they don’t give an accurate representation of what’s actually happening at the dealership. Instead, the figure represents the number of models an automaker was able to move from the factory. Theoretically, a manufacturer could load up a bunch of trucks at the end of the month and count them as “sold” to bolster volume — whether or not real people actually bought them.

Dealer throughput is better for assessing the current consumer climate. But we’re sure you won’t be surprised to hear that it’s cold and only expected to get colder. U.S. dealership throughput, the average number of new-vehicle sales per dealership, is expected to slip 2.9 percent this year. That equates to a mean of 920 vehicles in 2018, down from 947 in 2017. Read More >

By on February 12, 2018

Image: Nissan

Until now, every time a rolling wall of steel pulled up alongside you at a stoplight, blocking out nearly half of your peripheral vision, the culprit was almost always behind the wheel of a Detroit Three truck — one hoisted aloft by an aftermarket lift kit. Such kits allow pickups to mount the curb outside the 7-Eleven without endangering their fragile underbellies, while affording drivers a bird’s-eye view of surrounding environs (just not the vehicles immediately adjacent.)

Given the popularity of the Ford F-Series, General Motors’ Silverado and Sierra, and Ram’s brawny lineup, suspension lifts are generally the domain of American models. Well, Nissan wants to change this perception. In its bid to make the Titan and Titan XD pickups “one of the guys,” the Japanese automaker will offer a hands-off, bolt-on factory lift kit, ideally paired with the 5.0-liter Cummins diesel V8 for the purposes of rolling coal.*

*Neither Nissan nor TTAC endorses this obnoxious practice. Local laws may apply. Read More >

By on February 12, 2018

nissan emblem badge logo

Nissan has long-standing tradition in North America of being a bargain brand. While the automaker fields plenty of affordable options with a base MSRP undercutting that of its rivals, it has also leaned on aggressive incentivizing and heavy fleet sales. This helped Nissan chase volume in the U.S., but CEO Hiroto Saikawa is no longer convinced it’s a winning strategy.

He’s tasking Denis Le Vot, Nissan’s new North American boss, to improve profitability and brand value after the company’s operating profit dipped 50 percent in the region in the last quarter of 2017.

It’s a tall order for Le Vot, who has only had a little over one month to settle into being the regional chairman for the brand, and Saikawa is only giving him another two to figure out how to pull it off. However, he’s hinting at a strategy that eases off dealers, offers fewer market incentives, and ditches a reliance on fleet sales.  Read More >

By on February 12, 2018

2018 ford expedition fx4, Image: Ford Motor Co.

For an automaker worried about shrinking profit margins, spending an extra $25 million is just fine if it means cranking out 25 percent more high-margin SUVs. And the Ford Expedition and Lincoln Navigator, now minty fresh after years spent withering on the vine, certainly fit the description of “guaranteed cash generator.”

Ford plans to add that sum to the $900 million already sunk into the Kentucky Truck Plant in an effort to boost production of its full-size SUV models, knowing full well Americans buyers will snap them up the minute they roll off the line. Is there a clearer example of an automaker treating SUVs as a license to print money? Read More >

By on February 10, 2018

2017 Toyota Tacoma TRD Pro - Image: Toyota

January was a boffo sales month for Toyota in the United States, with the automaker posting a 16.8 percent year-over-year increase across both the Toyota and Lexus brands. Toyota brand sales rose 17 percent, to the luxury division’s 15 percent.

Don’t expect that kind of growth to continue, says Jack Hollis, Toyota North America’s general manager, as the industry still expects a slump in 2018. More important to Toyota than last month’s sales, however, is the type of vehicles Toyota buyers actually took home. In this case, brand loyalists added crossovers, SUVs, and trucks to their driveway in greater numbers than ever before.

The record set for Toyota light truck sales in the U.S. last month was exactly what the company was hoping for. Still, keeping that truck-buying momentum going is now job one. Read More >

By on February 7, 2018

1996 Chevrolet Impala SS - Image: ChevroletThere’s always big money in the collector car market. Auction houses like Mecum and Barrett-Jackson simply roll the shiny and tempting classic metal (like that Purp Drank Impala SS) across their blocks. The old folks (or their buying representatives) in the audience quickly and happily shill out huge sums for the privilege of adding a pretty and desirable machine of yesteryear to their collection.

Let’s see if we can’t predict the not-so-old vehicles that will appear on these illustrious auction blocks in the future.

Read More >

By on February 6, 2018

Think back. Waaay back — to 11:19 a.m.

In that article, we chronicled Fiat Chrysler’s deft handling (and perhaps, planning) of a historical Super Bowl Ram commercial that sparked a fierce social media backlash, all thanks to the spot’s use of dialogue from Martin Luther King, Jr.

We told you, all that time ago, and with all the certainty of someone knowing the sun will rise again, that the next automaker might not find itself so unscatched by a marketing blunder (if indeed you view the Ram ad as a blunder). Well, that time has come. Mercedes-Benz just offended a whole country. Read More >

By on February 6, 2018

2017 Fiat 500X Trekking

As we told you yesterday, Fiat’s sales are best imagined as a heavy stone — one that drops heavily into a pond after a brief, victorious flight. Two years of consecutive month-over-month sales declines in the United States is a grim situation for any brand, let alone one reintroduced just seven years ago. Blame America’s growing allergy to small cars, or a neglectful corporate parent — whatever the reason, something has to be done.

The purpose of this article isn’t to, um, throw stones at Fiat’s four-model lineup; it’s to give you an opportunity to save the brand. Or kill it off for a second time. Read More >

By on February 5, 2018

There’s going to be a lot less Italian in Reid Bigland’s diet going forward, after Fiat Chrysler Automobiles removed the Alfa Romeo and Maserati portfolios from the high-ranking executive’s oversight. It’s all part of a broader raft of management changes announced today.

Bigland, quite a star in FCA’s upper echelon, will continue in his existing role as head of U.S. sales and president and CEO of FCA Canada. The executive had the two Italian luxury brands dropped in his lap back in May 2016. Earlier in his career, he headed up the Dodge and Ram brands.

Other changes are afoot as FCA attempts to give Alfa and Maserati the full-time guardian the two brands need in order to thrive. Read More >

By on February 5, 2018

2017 Fiat 124 Spider Lusso - Image: FCA

The Downward Spiral wasn’t just a groundbreaking Nine Inch Nails album — it also aptly describes Fiat’s current sales trajectory in North America. (Sorry for the headline, Corey.)

With January 2018 figures out of the bag, the state of Fiat Chrysler Automobiles’ Fiat brand becomes ever clearer, though we’ve known it was in trouble for some time. Reintroduced in this market in early 2011, the four-model brand continued its downhill sales slide last month, with corporate cousin Alfa Romeo outselling it for the second consecutive month.

How bad is it?

It’s bad. Read More >

By on February 2, 2018

2018 Ford F-150 - Image: Ford

After the industry’s first annual sales decline of the post-recession era in 2017, the small uptick in year-over-year U.S. auto sales in January 2018 shouldn’t be seen as a trend, analysts warn. This year will apparently bring more worry for automakers as buyers plan fewer trips to the dealership.

For the domestic brands, January brought a mixed sales bag. Two members of the Detroit Three posted significant sales declines, while the third squeaking by on the strength of light truck sales. Clearly, having a lineup full of pickups, SUVs, and crossovers helps a company’s bottom line, but it’s no guarantee of ever-higher volume in today’s market. Read More >

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