Even With Lower Gas Prices, Consumers Remain Price Sensitive
Feb 2, 2015
Even with gas prices near six-year lows, U.S. consumers are still looking for the best gas prices. Three in five (63%) consumers say they would drive five minutes out of their way to save 5 cents per gallon. An even greater percentage (72%) would pay by cash if they could save five cents per gallon, according to the re ... Continue reading
China Car Sales : Dip Expected in 2015
Feb 2, 2015
By Zhu Bin China forecasting manager of LMC Automotive Oxford, UK February 2, 2015; The seasonally adjusted annual rate of LV sales in December reached 25.9 million units, an increase of 1 million units from November, when sales had peaked to the previous all-time high by a considerable margin. Once again, the passenge ... Continue reading
Customers Can Now Configure Their All-new Fiat 500X Crossover, Starting at $20,000 MSRP
Feb 2, 2015
U.S. customers can now configure their 2016 Fiat 500X Pricing for the all-new crossover begins at $20,000 MSRP The latest addition to the FIAT lineup, the Fiat 500X offers an available advanced all-wheel-drive system, functionality and an array of comfort, convenience, and safety and security features The 2016 Fiat 500 ... Continue reading
Honda Reports Consolidated Financial Results For The Fiscal Third Quarter Ended December 31, 2014
Jan 30, 2015
Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter ended December 31, 2014. Third Quarter Results Honda's consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal third quarter ended December 31, 2014 totaled JPY 136.5 billion (USD 1,132 million), a ... Continue reading
January Truck and SUV Sales Extend Auto Industry Momentum
Jan 30, 2015
Edmunds.com forecasts that 1,155,866 new cars and trucks will be sold in the U.S. in January for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.7 million. The projected sales will be a 23.1 percent decrease from December 2014, but a 14.4 percent increase from January 2014. ... Continue reading
Sales of Electric Trucks and Buses Are Expected to Reach Nearly 160,000 Annually by 2023
Jan 29, 2015
A new report from Navigant Research analyzes the global market for commercial vehicles that use electric drive vehicle technology, including global market forecasts for sales and the number of vehicles in use, segmented by country, drivetrain, and liquid fuel, through 2023. âOverall, we expect diesel hybrid drive ... Continue reading
Jan 29, 2015
Ford Motor Company : âWe expect strong growth and improved financial performance in 2015 driven by our investments in new products and capacity.â Full year 2014 pre-tax profit of $6.3 billion, a decline of $2.3 billion compared with a year ago; full year after-tax earnings, excluding special items, were $1.16 ... Continue reading
Buick Enclave Blows the Bell Curve
Jan 28, 2015
Another year of record sales defies industry trends, fuels Buickâs global momentum DETROIT â Buick Enclaveâs 62,300 sales in the United States in 2014 represented the second consecutive year of record sales for Buickâs flagship crossover and built on momentum that has barely paused since its launch ... Continue reading
FCA Closed 2014 With Strong Performance in Line With Full-year Guidance
Jan 28, 2015
Revenues were up 11% to â¬96.1 billion with EBIT up to â¬3.7 billion adjusted for unusual items. Net profit was â¬632 million. Net industrial debt at year-end was â¬7.7 billion, including â¬2.3 billion benefit from the capital raising in Q4 Worldwide shipments totaled 4.6 million units, an increase ... Continue reading
Volvo Trucks: No Time for Complacency
Jan 28, 2015
WARWICK, UK -- January 27, 2015: âOverall, we expected 2014 to be a tough year,â says Volvo Trucksâ UK & Ireland Managing Director, Arne Knaben, âHowever, after the huge increase in orders towards the end of 2013 to capitalise on the end of Euro-5 vehicles; we feared 2014 would be a very quiet year ... Continue reading
Car Purchases Expected to Soar in 2015
Jan 27, 2015
Huntington Bankâs Third Annual Midwest Economic Index reveals 16 percent of consumers definitely will purchase a car in 2015. The response represents a 10 percent increase over definite intent for car purchases in 2014 and is a clear sign of optimism among consumers interviewed in Indiana, Michigan, Ohio, Pennsylv ... Continue reading
Jan 27, 2015
General Motors to Lead Automaker Sales Gains; Full-Size Trucks Thrive on Low Gas Prices, Redesigned Product IRVINE, Calif., Jan. 27, 2015 -- New-vehicle sales are expected to increase 12.9 percent year-over-year to a total of 1.14 million units in January 2015, resulting in an estimated 16.5 million seasonally adjusted ... Continue reading
New-Vehicle Sales in 2015 Off to a Strong Start; January Retail Sales Highest Since 2004
Jan 27, 2015
New-vehicle retail sales in January are expected to reach the highest levels for the month in a decade, both overall and on a seasonally adjusted annualized rate (SAAR) basis, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. Retail Light-Vehicle Sales New-vehicle retail sales in ... Continue reading
NHTSA RECALLS : January 26, 2015 - Includes Toyota, Infiniti, Kia
Jan 26, 2015
NHTSA RECALLS : January 26, 2015 - Includes Toyota, Infiniti, Kia ... Continue reading
Used Vehicle Prices Forecast to Drop 2-2.5 Percent in 2015
Jan 26, 2015
Swelling off-lease vehicle supply will increase used market volume by 8 percent. From the 2015 NADA Convention and Expo (running Jan. 22-25), NADA Used Car Guide presented its 2015 used vehicle market forecast. Among the several data-intensive insights, used vehicle prices are expected to fall 2-2.5 percent for the yea ... Continue reading
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