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

2025 Allstate America's Best Drivers Report® reveals the safest and riskiest driving cities

2025 Allstate America's Best Drivers Report® reveals the safest and riskiest driving cities

The 2025 Allstate America's Best Drivers Report reveals that Texas leads the nation in safe driving, with four cities in the top 20, including Brownsville, which reclaims its title as the safest driving city in America. Meanwhile, Boston is once again the most collision-prone city in the nation, where drivers are nearl ... Continue reading

CARFAX Lifetime New Car Ads Approved for GM iMR Turnkey Program

CARFAX Lifetime New Car Ads Approved for GM iMR Turnkey Program

CARFAX has expanded its relationship with General Motors, announcing CARFAX Lifetime dealers now receive new car ad placements on CARFAX Reports, CARFAX Car Listings, and CARFAX Car Care to qualify for GM's In-Market Retail (iMR) Turnkey Program. This alignment opens the door for GM dealers with CARFAX Lifetime status ... Continue reading

New Vehicle Inventory Falls, Prices Rise According to Cloud Theory's Q2 "On the Horizon" Report

New Vehicle Inventory Falls, Prices Rise According to Cloud Theory's Q2 "On the Horizon" Report

GRAND RAPIDS, Mich., July 9, 2025 -- Pull-ahead demand in Q2 2025 pushed new vehicle sales to a monthly average of 1.17 million, up from 1.08 million in Q1 2025, according to automotive data analytics firm Cloud Theory. However, as vehicle inventory shrinks and prices rise, the automotive industry could be in for a cha ... Continue reading

Toyota Provides $600,000 for Texas Flood Relief

Toyota Provides $600,000 for Texas Flood Relief

flash floods in Kerr County and the Texas Hill Country over the July 4th weekend. The group's relief efforts include donations to the Community Foundation of the Texas Hill Country's Kerr County Flood Relief Fund, along with matching contributions, in-kind donations and volunteerism. ... Continue reading

Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility

Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility

The Manheim Used Vehicle Value Index climbs to 208.5, up 6.3% year over year and 1.6% month over month, reflecting seasonal strength despite tariff-driven volatility. Retail demand remains solid as off-lease supply continues to tighten, supporting higher used-vehicle values. ... Continue reading

Porsche reports U.S. retail sales for the first half of 2025

Porsche reports U.S. retail sales for the first half of 2025

Porsche Cars North America, Inc. (PCNA) today announced that second-quarter retail deliveries in the United States totaled 19,812 vehicles, up 4.91 percent from the first quarter of 2025. Porsche maintained an H1 increase of 11.4 percent over the same period in 2024 making it the best half year in PCNA history. ... Continue reading

Standard Motor Products Releases New Numbers in 35 Categories

Standard Motor Products Releases New Numbers in 35 Categories

NEW YORK, July 7, 2025 -- Standard Motor Products, Inc. (SMP) is pleased to announce that it has released new part numbers across 35 product categories in Q2 of 2025. This includes new applications from SMP's Vehicle Control and Temperature Control divisions. ... Continue reading

Grease Monkey Accelerates Toward Goal of Doubling in Size Within Three Years

Grease Monkey Accelerates Toward Goal of Doubling in Size Within Three Years

Grease Monkey®, a leading automotive aftermarket repair facility and flagship brand of FullSpeed Automotive®, is rapidly expanding nationwide. Since September 2024, the brand has added 47 Grease Monkey locations to its footprint and is already well on its way to achieving its ambitious goal of doubling in size over t ... Continue reading

Toyota Funds Massive Arizona Proving Grounds with $50 Million Investment

Toyota Funds Massive Arizona Proving Grounds with $50 Million Investment

Toyota Motor North America (Toyota) announced today that it has allocated and broken ground on more than $50 million in construction of new amenities for vehicle and automotive technology testing and development, affirming commitment to the Arizona Proving Grounds. ... Continue reading

2025 Kia Sorento PHEV 25-30 Mile EV Range - Review by Mark Maynard +VIDEO

2025 Kia Sorento PHEV 25-30 Mile EV Range - Review by Mark Maynard +VIDEO

Kia America has completed its trio of Sorento SUV powertrains with the 2025 Sorento PHEV plug-in hybrid. ... Continue reading

‘Big, Beautiful Bill’ Car Loan Interest Deduction

‘Big, Beautiful Bill’ Car Loan Interest Deduction

Washington DC July 1, 2025; Made in America qualified passenger vehicles ... Continue reading

US Auto Sales June 2025 Results From NADA

US Auto Sales June 2025 Results From NADA

New light-vehicle sales in June 2025 totaled a SAAR of 15.3 million units. The June 2025 SAAR represents an increase of 2.3% compared to June 2024. ... Continue reading

PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF FERRARI DEALERSHIP IN NORTHERN ITALY

PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF FERRARI DEALERSHIP IN NORTHERN ITALY

Ferrari Modena Complements Existing Luxury Brand Presence in Italy Penske Automotive Group now represents nine Ferrari locations worldwide, including Maranello Classic Parts, the only official Ferrari classic parts distributor in the world. The expected estimated annualized revenue of the Modena location is $40 million ... Continue reading

Starting in Poland: Chery TIGGO7 & TIGGO8 Redefine Family Mobility in Europe

Starting in Poland: Chery TIGGO7 & TIGGO8 Redefine Family Mobility in Europe

WARSAW, Poland, July 2, 2025 -- On June 30, Chery hosted a brand and product launch event in Poland, officially marking its entry into the European market with Poland as its first stop. During the event, Chery introduced two of its globally popular SUV models—the "Urban Champion Family SUV" TIGGO7 and the "5+2 Exclus ... Continue reading

Honda Reports Americam June 2025 and 2Q Sales

Honda Reports Americam June 2025 and 2Q Sales

5–6 minutes American Honda (AHM) posts sales of 114,486 units in June (+1.5%) despite leaner inventories of some models, with Q2 sales up 8.4% (387,574 units) and maintaining year-to-date sales increase of 7.1%. Honda brand June sales total 103,574 units, with sales up for the month, Q2 (+8.1%), on sales of 349,954, ... Continue reading

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