89% of the pickup trucks sold in the United States in the first half of 2014 were full-size trucks, a segment of the auto market that has risen 4.3% so far this year.
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Despite a flimsy dealer network, a lack of diesel engines and a poisonous brand, GM still hasn’t given up on the idea of making Cadillac a global luxury brand that can sell cars in Europe.
The Mitsubishi Outlander PHEV may not be coming to the United States until sometime between the autumn of 2015 and early 2016, but United Kingdom customers are already lining up at their local dealerships for a test drive of the SUV that can be had for the same price as its diesel sibling.
In May 2014, Canadian auto sales shot up to record monthly levels by soaring beyond 195,000 units, one-eighth the size of the U.S. industry last month.
These record sales levels occur as buyers transition from in large numbers from cars to crossovers, particularly smaller crossovers from volume brands. (Read More…)
The only van not capable of improving its May 2013 U.S. sales figures in May 2014 possessed an in-showroom rival last month which didn’t exist a year ago. Ram Cargo Van sales fell 21%, or 209 units, in May 2014. But with the ProMaster making headway, total Ram commercial van sales jumped 84%.
After a troubling first third of 2014, passenger car sales in May were resurgent in large part because of big numbers achieved by small cars. Overall car sales were down 2% through the end of April, but with a 9% year-over-year May increase (in a longer month with an extra weekend), there have now been a few more cars sold in the first five months of 2014 than during the same period one year earlier.
Ford is in a transition phase: readying the new 2015 F-150 while trying to sell the old model as often as possible. This requires knowing just how many F-Series pickups dealers will need in the weeks leading up to the new model’s introduction.
The bleak winter that plagued the start of 2014 looks to be behind the auto makers, as a record-setting SAAR and strong performances by most brands helped propel auto sales in May to post-recession heights.
Even as GM rolled out incentives to help move the Cadillac ELR, sales were down this past month, while supplies of the car continued to expand.
Once the bane of soccer moms everywhere, the minivan segment is on the rebound in sales. However, the remaining stigma surrounding the name has some marketing reps doing their best to make sure “minivan” is verbotten down on Flower Shop Lane.
Though Japanese automakers are doing all they can to win over Chinese consumers, a study led by Bernstein Research found anti-Japanese sentiments among 51 percent of 40,000 surveyed may be a barrier to further success in the growing market.
While our own Ronnie Schreiber may have taken Zero Hedge to task for its inaccurate story on unsold cars, Australia is facing a situation where rising inventories have created a buyers market, just as local production of automobiles is winding down.
When Nissan revived the Datsun brand for its lineup of small, low-cost cars, enthusiasts were left wondering whether they’d ever see a performance oriented Datsun. The answer appears to be an emphatic “not a snowball’s chance in hell” – but their latest new car may be a better candidate for the return of a historic badge.
Oh, California, the trend-setting coastal paradise that once sparked a revolution in the American car market. Fully half of cars sold in the Golden State are from Japanese brands, and for a couple of years, the top dog was the Toyota Prius – about as opposite as could be from the rest of the country, where the Ford F-Series reigns supreme. But there’s a new leader in the sales charts, and it’s a bit more mainstream (or “normcore” as the kids are saying these days).
The Cadillac ELR is shaping up to be one of the biggest automotive flops in recent memory – as of May 1, inventories had expanded to a 725 day supply, with Cadillac moving just 61 units in April.
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