Chevrolet Stops 2015 Volt Production - Gets Ready To Build 2016 Model
Apr 10, 2015
Detroit Michigan No the sky is not falling (yet) on Chevrolet's breakthrough unique and practical extended range EV (EREV). Chevrolet said that sales of the 2015 Volt are slow with only 1,874 have been sold through the first quarter, down 48% from a year ago, so instead of increasing inventory it will begin its 2016 mo ... Continue reading
FCA Prices $3 Billion Debt Offering
Apr 10, 2015
Fiat Chrysler Automobiles N.V. ("FCA") announced today the pricing of its previously announced offering of unsecured senior debt securities. FCA has priced an offering of U.S.$1.5 billion total principal amount of 4.500% Senior Notes due 2020 (the "2020 Notes") at an issue price of 100% of their principal amount, and o ... Continue reading
General Motors Sells March Record 338,350 Vehicles in China
Apr 10, 2015
SHANGHAI -- April 9, 2015: Vehicle sales by General Motors and its joint ventures in China increased 8.0 percent on an annual basis last month to a March record 338,350 units. Domestic sales by SAIC-GM-Wuling and Cadillac reached an all-time monthly high, while Shanghai GM and Chevrolet had record March domestic sales. ... Continue reading
Jeep Sells More Cars in March 2015 in the UK as in the Whole of 2011
Apr 9, 2015
SLOUGH -- April 8, 2015: Jeepâs growing momentum in the UK continues as figures revealed today (8 April) show new car registrations rose by 397 per cent in March 2015, when compared with the same period last year. The âGo Anywhere, Do Anythingâ brand registered 2,190 new cars last month, compared with 44 ... Continue reading
Apr 8, 2015
Fiat Chrysler Automobiles N.V. ("FCA") announced today that it plans to offer $3 billion in aggregate principal amount of unsecured senior debt securities (the "Notes") in one or more series, subject to market conditions. The Notes are intended to rank pari passu with respect to all of FCA's existing and future unsubor ... Continue reading
Mercedes-Benz GLE Family from 45,350 Euros: The Relaunch of a Best-Selling SUV
Apr 7, 2015
Compared with its predecessor, the new GLE starts at similar prices but with an enhanced level of equipment. Customers can order the bestseller from the Mercedes-Benz range of SUVs from 45,350 euros*. Deliveries commence in August.</STRONG></DIV> <DIV class=c2cClass3>The highlights of the new GLE include redesigne ... Continue reading
Manheim Reports Used Car Market Off To A Solid Start In 2015
Apr 7, 2015
ATLANTA -- April 7, 2015: Backed by strong consumer demand, the used car market enjoyed a solid start to 2015 as wholesale used vehicle prices in the first quarter rose 1.3 percent from a year ago and 1.6 percent compared to the fourth quarter of 2014. The Manheim Used Vehicle Value Index â a measure of wholesale ... Continue reading
36 Cars You Can Finance for Under $300 a Month in 2015
Apr 7, 2015
Americans are borrowing record amounts for their new cars, with the average monthly auto loan payment today coming in at more than <span class="xn-money">$480</span><sup>1</sup> . To help car buyers find affordable, high-quality vehicles, leading personal finance site GOBankingRates uncovered 36 cars on sale today R ... Continue reading
Apr 6, 2015
The national report's information reflects the entire <span class="xn-location">United States</span>, while the regional reports contain primarily regional data from their local vicinities. Also, the information in the regional reports is not used in calculating the results of the national report. The information compi ... Continue reading
10,000th Mitsubishi Outlander PHEV Sold in the UK
Apr 4, 2015
Mitsubishi Motors (UK) has reached a significant milestone after selling its 10,000th Outlander PHEV in the UK in its first year. The landmark handover took place at the Humphries & Parks Mitsubishi dealership in West Malling, Kent, with Paul Aspin, of Sittingbourne, being handed the keys by Lance Bradley, Managing Dir ... Continue reading
Apr 3, 2015
Volvo Cars of North America, LLC, (VCNA) reported U.S. sales of 5,916 units, holding steady compared to March 2014. Year-to-date sales are up 0.2 percent over the first quarter of 2014. March 2014 was the best month on record for the XC60, selling 2,464 units beating the previous record sales month (June 2013). The XC7 ... Continue reading
Annual Shareholders' Meeting approves highest dividend to-date in history of Daimler AG
Apr 3, 2015
At the Annual Shareholdersâ Meeting of Daimler AG held in Berlin on Wednesday, the shareholders approved the payment of a dividend for the year 2014 of â¬2.45 per share (prior year: â¬2.25). This is the highest dividend to-date in the history of Daimler AG. The dividend distribution amounts to â¬2,621 ... Continue reading
Apr 3, 2015
The Honda Accord and Civic are the two best-selling cars with under-35 buyers over the past 11 years, according to Honda analysis of cumulative registration data from IHS Automotive.1 The Accord and Civic â which were also the top retail-selling cars in their respective segments in 2013 and 20142 â with combi ... Continue reading
Apr 2, 2015
For March 2015, on a daily rate basis, total retail new vehicle unit sales increased 12% versus March 2014. Industry reporting for March 2015 has two fewer calendar days than for March 2014. -- Reported retail new vehicle unit sales in March 2015 increased 5% versus March 2014. FORT LAUDERDALE, FL -- April 2, 2015: Aut ... Continue reading
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