Category: Sales

By on July 26, 2015

 

The National Highway Traffic Safety Administration will fine Fiat Chrysler Automobiles $105 million for botching the recall of more than 11 million cars, including 1.6 million Jeeps with a fuel tank issue, the Wall Street Journal is reporting.

The automaker faced fines of up to $700 million.

As part of the settlement, FCA will agree to an independent monitor to audit its recalls. On Friday, FCA announced it was recalling 1.4 million cars and trucks for software that could be hacked and controlled remotely.

Read More >

By on July 25, 2015

 

TrueCar CEO Scott Painter said his company will miss expected earnings for the second quarter, and said the company needed a “wake-up” in his call, Automotive News is reporting.

The news sent shares of TrueCar plummeting more than 35 percent. TrueCar closed Friday down 3.81 down to $6.87 per share.

Painter said a lack of marketing was to blame for the company’s struggles in the second quarter, not the recent highly publicized split with AutoNation.

Read More >

By on July 24, 2015

Mitsubishi USA sales chart

With news that Mitsubishi is ending U.S. new vehicle production front and centre in the minds of not a single auto industry observer, one wonders how the situation devolved so quickly.

That’s not to say there are any surprises when it comes to Mitsubishi’s U.S. decline. (And remember, they’re not dead… yet.) A recall scandal tarnished the brand’s global image. Mitsubishi moved away from SUVs like the Montero, Montero Sport, and Endeavor ahead of the market’s turn toward SUVs and crossovers. Mitsubishi is reluctant to do anything more than facelift unpopular models like the Outlander. They’re unwilling to import the popular Outlander PHEV to hybrid-friendly America. They’ve utterly forsaken the midsize car market. They’ve crafted a muddled image which suggests Mitsubishi is both a performance brand (Lancer Evo) and a green brand (i-MiEV). Good news stories? Few and far between.

The results have been catastrophic. Read More >

By on July 24, 2015

 

Fiat Chrysler Automobiles announced that it would voluntary recall 1.4 million vehicles to patch a security exploit that could allow hackers to infiltrate a car’s vital systems.

The recall would apply to cars fitted with the Uconnect 8.4-inch touchscreen. A story released by Wired magazine this week detailed two hackers’ system that could take over a Jeep Cherokee and control the car’s systems, including throttle, braking and steering.

Jeep released the update last week, saying the patch was for “nothing in particular” and that they “continuously test vehicles systems to identify vulnerabilities and develop solutions.”

The release required owners to download the update onto a USB drive and install it themselves, or go to a dealership. FCA will mail affected owners a USB drive with the update now.

According to FCA, the company is unaware of any injuries related to the hack.

Read More >

By on July 24, 2015

Ford Edge Escape Explorer sales chart 2007-2015As General Motors prepares to carve out space in between their best-selling utility vehicle, the Equinox, and their large three-row crossover, the Traverse, Ford reports significant improvement with the launch of their second-generation tweener crossover.

U.S. sales of the Ford Edge jumped 44 percent to 40,083 units in the second-quarter of 2015. The May 2015 total of 14,399 units was the best May ever for the Edge, which slots in between the Escape, one of America’s best-selling utility vehicles, and rubs up alongside the longer, three-row Explorer. Read More >

By on July 23, 2015

2016 Nissan Maxima (18 of 23)

Nissan has told its dealers to stop selling specific models of the Maxima due to unspecified quality issue, Automotive News is reporting.

The issue involves Maximas with a specific VIN, not a model type. It’s unclear if those cars have been delivered to dealers or customers. According to Automotive News, Nissan hasn’t identified how many models would be affected by the stop-sale, nor how many of the models may have already been sold.

Nissan hasn’t made available details about the VIN number or how to identify the held cars.

A Denver-area Nissan dealer said he wasn’t aware of the stop-sale at all.

Read More >

By on July 22, 2015

2015 Chevrolet Silverado

The Chevrolet Silverado has outsold the Ford F-150 so far this year, but sales of Ford’s Super Duty trucks have boosted the company’s truck business past its competition, PickupTrucks.com is reporting.

All three truck makers are selling more pickups than they were a year ago, but flagging F-150 sales and depleted inventory could be keeping Ford’s perennial half-ton leader back.

Read More >

By on July 21, 2015

TTAC Aussie imports 2

Often criticized for flopping in the U.S. marketplace, Chevrolet set a sales record with the Aussie-built SS in June 2015.

Prior to June’s “surge” up to a still rather paltry 354 units, Chevrolet hadn’t sold more than 300 SS sedans since March of last year, the only other time the SS has crested the 300-unit mark. June 2015 SS volume was four units stronger than the March record. Read More >

By on July 20, 2015

TTAC best-selling expensive vehicles June 2015 YTD chart

So many upper-crust products sit at the top of their respective automaker’s lineup and do little more than look pretty. They are flagships, technological showcases, standard bearers.

On the other hand, there’s the Mercedes-Benz S-Class, with its base price of more than $95,000 in the United States. Flagship? Yes. Technological showcase? That, too. Standard-bearer? Of course. But the S-Class is also popular. Read More >

By on July 19, 2015

2015-buick-encore

Buick is tossing the keys to prospective customers for sleepovers in their driveways as part of a brand-building exercise the automaker says isn’t meant to sell cars immediately.

According to Automotive News, the program — dubbed “24 Hours of Happiness” — gives customers the chance to live with a Buick vehicle for 24 hours starting this coming Wednesday.

Read More >

By on July 18, 2015

Opel Bochum - Picture courtesy wa.de

Recent sales growth in the EU hasn’t been kind to Opel as the group is forced to reduce hours at two German plants.

According to Automotive News, Opel will cut production of the Adam and Corsa at Eisenach and Insignia and Zafira Tourer at Ruesselsheim. The move is due to Opel’s exit from the Russian market and what the automaker calls “moderate” gains in the rest of Europe.

However, within the EU, overall sales for all automakers are up 8.2 percent in the first six month of this year and 14.6 percent in June, according to ACEA.

Read More >

By on July 17, 2015

2015 Ford F-150

A Ford spokesman said Friday that despite the automaker offering nearly $11,000 on particular F-150 models, their incentives are still under the segment average.

“It’s not like every F-150 customer walking into a Ford dealer today — whether they’re in L.A. or New York — is going to get $10,000 off of every single model,” Truck Communications Manager Mike Levine said.

“On average, we’re lower than the segment.”

Read More >

By on July 16, 2015

2016-Mazda-CX-3-11

The new mini crossover from Mazda will start at $19,960 (not including $880 destination) when it goes on sale after next month, the automaker reported Thursday.

That puts the CX-3 in leagues with the Chevrolet Trax, Nissan Juke, Honda HR-V and Jeep Renegade as sub-$20,000 crossovers in an increasingly crowded and competitive segment.

Like the rest of its competition, it’s not hard to hike the CX-3’s final price up in a hurry.

Read More >

By on July 16, 2015

Ford F-150 grey, side

Ford is looking to boost sales of its full-size F-150 by offering more than $10,000 in incentives for some higher-trim models in some parts of the United States, Automotive News is reporting.

Production issues have plagued the aluminum 2015 F-150 since its launch late last year. According to Ford, only half of the F-150’s normal inventory has been available since June, which as hampered sales. The automaker says dealer stocks will be full by the end of September.

The company’s website offers nearly $11,000 off of 2015 Ford F-150 XLT SuperCrew with Chrome or Sport packages in some parts of the country.

Read More >

By on July 16, 2015

Ford C-Max sales chart TTAC

Following Ford’s announcement that production of the Focus and C-Max would leave Wayne, Michigan in the next few years, sales personnel at Ford dealers across America were heard asking their managers, “We still sell the C-Max?”

No, that’s not entirely true. Ford is moving Focus and C-Max production out of Wayne by 2018, but we weren’t privy to the conversations inside Ford showrooms. That question may or may not have been asked.

Through the first-half of this year, Ford’s U.S. dealers only sold an average of four C-Max Hybrids and C-Max Energis per dealer per month.  Read More >

Recent Comments

  • Lou_BC: @Carlson Fan – My ’68 has 2.75:1 rear end. It buries the speedo needle. It came stock with the...
  • theflyersfan: Inside the Chicago Loop and up Lakeshore Drive rivals any great city in the world. The beauty of the...
  • A Scientist: When I was a teenager in the mid 90’s you could have one of these rolling s-boxes for a case of...
  • Mike Beranek: You should expand your knowledge base, clearly it’s insufficient. The race isn’t in...
  • Mike Beranek: ^^THIS^^ Chicago is FOX’s whipping boy because it makes Illinois a progressive bastion in the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber