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News By Topic: Financial Info (sales figures, financial reports, etc.)

Upcoming Lease Turn-in Rollover "Tsunami" Among RED FLAG WARNINGS For US Auto Sales

Upcoming Lease Turn-in Rollover "Tsunami" Among RED FLAG WARNINGS For US Auto Sales

By Martha Hindes, The Auto Channel The current upheaval underway with Ford Motor Company's sudden realignment of its top executive structure is only one of the uncertainties facing the auto industry as it approaches the end of the second decade of the 21st century. An annual industry analysis by Bank of America Merrill ... Continue reading

New Vehicle Sales Pace to Drop Again in May, Lowering 2017 Outlook

New Vehicle Sales Pace to Drop Again in May, Lowering 2017 Outlook

The new vehicle retail sales pace in 2017 is expected to be lowest for the month of May since 2013, according to a forecast developed jointly by J.D. Power and LMC Automotive. With one additional selling day in 2017, retail sales in May are anticipated to reach 1,222,000 units, a 2.9% decrease compared with May 2016 on ... Continue reading

Flood of Off-Lease Vehicles and Dropping Residual Values Create Buyer's Market for Car Shoppers, According to New Edmunds Report

Flood of Off-Lease Vehicles and Dropping Residual Values Create Buyer's Market for Car Shoppers, According to New Edmunds Report

SANTA MONICA, Calif., May 23, 2017 -- Car shoppers hitting dealer lots this Memorial Day weekend will be pleased to find themselves in one of the strongest buyer's markets in recent memory, according to the latest Used Vehicle Market Report from Edmunds. A growing glut of off-lease vehicles means shoppers who are looki ... Continue reading

Wholesale Used Vehicle Prices Slipped in April

Wholesale Used Vehicle Prices Slipped in April

MCLEAN, Va., May 23, 2017 -- Used Vehicle analysts at J.D. Power Valuation Services note in their May 2017 Used Car and Light Truck Guidelines Industry Update that wholesale prices declined last month by an average of 1.5 percent. Major findings in the free monthly report also point out: The used vehicle price index fe ... Continue reading

New CEO, Ford Replaces Fields With Hackett

New CEO, Ford Replaces Fields With Hackett

Ford Appoints Jim Hackett as CEO to Strengthen Operations, Transform for Future; Farley, Hinrichs, Klevorn Take on New Roles Jim Hackett named as Ford Motor Company president and CEO, succeeding Mark Fields, who is retiring. Hackett, who will report to Executive Chairman Bill Ford, is recognized as a transformational b ... Continue reading

Become A Schmarter Car Buyer

Become A Schmarter Car Buyer

Dealer Direct Independent Car Shopper, How to buy a car correctly, hints and procedures so you buy it right...get smarter, car buyer New Cars Research - Tools for consumers that help them get smart not confused ... Continue reading

U.S. News & World Report Identifies the 7 Best Cars to Buy Now

U.S. News & World Report Identifies the 7 Best Cars to Buy Now

WASHINGTON, May 19, 2017 U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled May's list of the Best Cars to Buy Now. With car sales on the decline in 2017, car companies have ramped up incentive packages to jump-start sales. ... Continue reading

LISTEN NOW: Auto Lab Talk Radio LIVE From New York Saturday May13, 2017 7-9 AM

LISTEN NOW: Auto Lab Talk Radio LIVE From New York Saturday May13, 2017 7-9 AM

The Auto Lab Radio Show is Broadcast every Saturday 7 to 9 AM On New York City's WNYM Radio AM 970 and Streamed Worldwide On The Auto Channel This Weeks Show Broadcast Date: May 6, 2017 Car Question or Concern? Call Toll Free 888-692-7234 Auto Lab is a 28 year old interactive automotive-focused New York area radio call ... Continue reading

Honda Advises Owners of Vehicles Affected by Takata Airbag Inflator Recalls in Hawaii to Seek Repair Immediately

Honda Advises Owners of Vehicles Affected by Takata Airbag Inflator Recalls in Hawaii to Seek Repair Immediately

Along with vehicles from multiple automakers, certain Honda and Acura vehicles require free recall repairs to replace defective Takata airbag inflators that could rupture during a crash, potentially injuring or killing vehicle occupants. ... Continue reading

Mercedes-Benz Sprinter has most successful first quarter of all time

Mercedes-Benz Sprinter has most successful first quarter of all time

Stuttgart May 7, 2017; The Mercedes-Benz Sprinter started the year 2017 with a new record: From January through March, Mercedes-Benz Vans delivered approximately 45,000 units of the large van to customers all over the world. This represents growth of about 10 percent compared with the prior-year period. ... Continue reading

2017 Chrysler Pacifica Touring L Plus Review +VIDEO By John Heilig

2017 Chrysler Pacifica Touring L Plus Review +VIDEO By John Heilig

The Auto Channel REVIEWED MODEL: 2017 Chrysler Pacifica Touring L Plus ENGINE: 3.6-liter V6 TRANSMISSION: 9-speed automatic HORSEPOWER/TORQUE: 287 hp @ 6,400 rpm/262 lb.-ft. @ 4,000 rpm WHEELBASE: 121.6 in. ... Continue reading

Toyota Motor North America Reports April 2017 Sales

Toyota Motor North America Reports April 2017 Sales

PLANO, Texas, May 2, 2017 -- Toyota Motor North America (TMNA) Inc., today reported its U.S. April 2017 sales of 201,926 units, a decrease of 4.4 percent from April 2016 on a volume basis. With one less selling day in April 2017 compared to April 2016, sales were down 0.7 percent on a daily selling rate (DSR) basis. To ... Continue reading

GM Crossover Sales Surge Driving Retail Share Higher

GM Crossover Sales Surge Driving Retail Share Higher

General Motors today reported April sales of 244,406 crossovers, trucks and cars, driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac. GM expects to gain retail market share for the month, with industry volumes about equal to a year ago, adjusted for one fewer selling day. ... Continue reading

Mazda Reports April Sales

Mazda Reports April Sales

Mazda North American Operations today reported April U.S. sales of 24,164 vehicles, representing a decrease of 7.8 percent versus April of last year. With 26 selling days in April 2017 versus 27 year-over-year in 2016, the adjusted daily sales rate is down 4.2 percent. ... Continue reading

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