sales
General Motors and a Davenport, Iowa, Chevrolet dealership have settled a lawsuit that accused the dealership of engaging in "widespread fraudulent and unlawful conduct" to report "sham" new-vehicle sales to the automaker. Under the "mutually …
General Motors Co. (GM), Chrysler Group LLC, and Nissan Motor Co. (7201) all reported 19 percent increases in U.S. sales in September, beating the averages of analyst estimates, while Ford Motor Co. (F) and Toyota Motor Corp. missed. All five reported …
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Chrysler and General Motors each posted 19% increases in September sales, while Ford's sales fell nearly 3%. Among Asian automakers, sales rose 18.5% for Nissan, 12% for Honda, 6.9% for Kia, 2% for Toyota and 1.6% for Hyundai. Volkswagen, which …
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The Cadillac luxury brand is struggling at a time when it actually has a lot going for it. Luxury demand has been strong in the U.S. (luxury car sales were up 3.7% through July, luxury SUVs up 13%) and the good times likely continued in August …
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Summer is traditionally a time of travel — and lots of driving to vacation spots — but for the nation's Big Three automakers, sales in August were a very mixed bag: Chrysler reported a 20% surge in deliveries, while Ford's sales ticked up just 0.4 …
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Tucks and SUVs continue to push Detroit automakers' sales in August, as new models, cheap loans and relatively low fuel prices wiped out buyers' resistance. Chrysler Group was a standout, reporting its 53rd consecutive month of sales increases. Sales …
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Apart from cost cutting, the other path being followed by companies in the search of higher margins is the increasing weight of luxury cars in their sales mix. Consider Volkswagen for example: the German automaker's luxury brand Audi contributes nearly …
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BMW said on Friday that sales of premium cars and sport-utility vehicles at its core brand rose 8.4 percent last month from a year earlier to 139,399 autos. Audi, Volkswagen's (VOWG_p.DE) flagship luxury brand, announced on Thursday 144,000 deliveries …
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Mercedes-Benz's compact lineup and flagship S-Class sedan helped the third-ranked maker of premium cars beat sales growth last month at Audi AG and BMW, the larger German competitors that it's striving to overtake by 2020. July deliveries at Mercedes, …
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Sales of its new-design Cadillac Escalade, which starts at just less than $70,000 and is rated 17 mpg in combined city/highway driving, more than doubled last month. It's based on the Chevrolet Tahoe and GMC Yukon near-twins. Those models, together …
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SHANGHAI (Reuters) — General Motors expects Cadillac sales in China to rise by at least 40 percent this year, as the company steps up local production in a market key to transforming Cadillac into a global luxury brand, a senior executive said …
Last month, Munich-based BMW sold 30,201 vehicles, a 12 percent increase, helped by the 5 Series sedan, which surged 77 percent to 7,940 deliveries. Mercedes rose 8.6 percent to 26,506, helped by a 25 percent gain to 6,500 for the E-Class sedan.
Sales of new cars and trucks from the Detroit automakers were stronger than expected. All three beat expectations with Chrysler showing a bigger-than-forecast 9.2% gain, Ford showing a shallower-than-forecast 5.8% dip and General Motors overcoming …
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Mr and Mrs Lapointe drove more than 3 hours to come get their Hummer from Epic Auto Sales. Thank you both for trusting Epic Auto Sales to find your dream car…
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General Motors has told dealers in the U.S. and Canada to stop selling 2013 and 2014 Chevrolet Cruzes because of a potential defect in air bags made by beleaguered air bag supplier Takata. "Certain vehicles may be equipped with a suspect driver's air …
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Cadillac U.S. sales chief Bill Peffer is out after less than 10 months, the brand's third head of sales to leave in two years as the executive turnover continues inside General Motors' sales organization. Peffer left GM on Tuesday "to pursue other …
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General Motors' sales of new vehicles appear unfazed by its widely publicized series of recalls, some of them linked to fatalities. GM said sales in May were up 13% from a year ago for its best month since August 2008. That trumped Ford Motor's rise of …
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The Chrysler Group (Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo) also said it expects to finish 2014 in the black despite a first-quarter net loss of $690 million due to “infrequent items.” Without those special items Chrysler said it would have made …
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According to Kelley Blue Book, Nissan and Chrysler are leading the sales surge with growth of more 12 percent compared to last year. “Both Nissan's Rogue and Juke are benefitting from increasing popularity in small crossover vehicles, with their …
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BMW Sales Up 7.5% on Chinese Demand. German Auto Maker Forecasts Record Sales of More Than Two Million Vehicles This Year. Email; Print; Comments. Facebook; Twitter. Google+. LinkedIn. smaller; Larger. By. Sarah Sloat. May 13, 2014 3:47 a.m. ET.
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Chrysler and General Motors recorded April sales increases of 14% and 7%, respectively, while Ford sales fell 1%. Automakers viewed April as a key test of consumer confidence after sluggish sales during the brutal wintry months to start the year, which …
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Last month was a straightaway of sorts for luxury carmakers. First, Mercedes stomped on the pedal and posted its best month of sales in its venerable history. Now Audi reports that it did slightly better in March, keeping the lead in the race for …
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Chrysler Group, a unit of Fiat Chrysler Automobiles, beat expectations with a 13 percent rise in March auto sales in its home U.S. market. U.S. auto sales leader General Motors Co announced it will delay by several hours its March U.S. sales statement …
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Chevrolet dealer Gordon Stewart knows what it takes to sell a truck: cash discounts. Yet General Motors Co. (GM) won't increase incentives to match its U.S. rivals. “Our truck business has been hammered,” said Stewart, who has four Chevy stores in …
BMW's plant in Spartanburg, South Carolina, is being readied to reach an annual production capacity of around 350,000 vehicles, up from 300,000 at the end of 2013. It makes sport utility vehicles including the X3, X4, X5 and X6 models. "The U.S. will …
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Audi AG (NSU) delivered more cars than Bayerische Motoren Werke AG (BMW)'s namesake brand through the first two months of 2014 to nab the global lead in luxury sales. Audi sold 242,400 vehicles through February, 383 more than the BMW brand, …
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Detroit automakers posted mixed sales results in February. FORD.Ford Motor said it sold 183,947 new cars and trucks in February, down 6.1% from a year ago. Cars and SUVs were down, but pickup trucks were about flat. The only Ford-brand car that posted …
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Mercedes-Benz's vehicle sales grew faster in January than at Bayerische Motoren Werke AG (BMW) and Audi AG (NSU), helping the German manufacturer to further close the gap in deliveries with its two bigger rivals. Daimler AG (DAI)'s Mercedes, the …
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