Good News: Your Used Car is Keeping More of Its Value
Dec 12, 2014
November's used vehicle depreciation rates slow to one of the lowest levels of the year, while new vehicle sales jump by 4.5 percent MCLEAN, VA -- Dec. 11, 2014: According to the NADA Used Car Guide's most recent Guidelines report, vehicles sitting in driveways and used car lots managed to keep more of their value this ... Continue reading
IRS Announces Increase in Business Mileage Deduction Rate
Dec 12, 2014
The Internal Revenue Service (IRS) has announced the 2015 national optional business mileage deduction rate of 57.5 cents for U.S. business drivers, effective January 1, 2015. To establish the rate, the IRS worked closely with Runzheimer International, the company who has provided annual vehicle cost data to the IRS si ... Continue reading
A Milestone for Volkswagen UK: 200,000 Cars Sold in 2014
Dec 12, 2014
Volkswagen has achieved a record sales milestone, having sold over 200,000 cars in the UK this year. Commenting on the achievement, Alex Smith, Director of Volkswagen Passenger Cars said: âExceeding 200,000 car sales in one year is an achievement of which weâre extremely proud. We have a great range of produc ... Continue reading
Nissan Reports November Global Sales
Dec 12, 2014
Nissan announced today European sales for November of 60,155 units, representing a market share of 4.1%. November highlights: European market share up 0.4 pts. versus November 2013 at 4.1%. UK November sales were up 33.7% over the same period last year with a market share of 6.2%. Russia and UK are top-selling markets. ... Continue reading
Porsche Exceeds Previous Year's Sales by November
Dec 12, 2014
Last unit of the 918 Spyder sold ATLANTA -- Dec. 10, 2014: Porsche AG increased global deliveries to customers from January to November this year to more than 169,000 vehicles, already exceeding the overall total for 2013 of 162,145 new vehicles. This represented a growth of 15 percent over the same period last year (J ... Continue reading
BMW Group Achieves New Sales Record in November
Dec 11, 2014
- Worldwide Sales up 7.6% with 188,342 Deliveries - Year-to-date Deliveries Increase 7.1% to Total 1,902,699 - MINI Achieves New Record for November, up 16.7% to 29,018 - Robertson: Confident of Record High for the Whole Year November saw global demand for BMW Group vehicles increase to a new record high. Worldwide, a ... Continue reading
Don't Become Car Poor When Buying a New Car or Truck
Dec 10, 2014
November's New-Car Buyers Spent an Extra $1.4 Billion with Long-Term Loans, According to Requisite Press Study LOS ANGELES, Dec. 10, 2014; Requisite Press, LLC reported today a November 2014 Auto Buyer's Affordability Index (ABAI) of 53.0, indicating that a prudent, median-income household can only afford 53.0 percent ... Continue reading
Volkswagen CV Celebrates Best-Ever New Vehicle Registrations
Dec 10, 2014
Record UK registrations of more than 41,000 light commercial vehicles Volkswagen cements number two position in the LCV sector Crafter and Amarok year-to-date registrations up 41.9 per cent and 19.2 per cent respectively Volkswagen Commercial Vehicles is celebrating best-ever new vehicle registrations. Sales have passe ... Continue reading
Dec 10, 2014
About half of all production comes just within the last two years, showing rapid growth in recent days. Hubertus Troska: âContinuous investment in localization is one of our key growth drivers for Mercedes-Benzâs future in China. BBAC is undoubtedly on its path to become the largest Mercedes-Benz passenger ca ... Continue reading
Interest in Alternative Fuel Vehicles Declines with Gas Prices - NACS Report
Dec 9, 2014
NACS survey shows correlation between lower gas prices and lower interest in alternative fuel cars. ​ALEXANDRIA, Va. December 9, 2014; Consumers are much less likely to consider a non-gasoline powered vehicle as gas prices continue to decline, according to a new consumer survey examining preferences related to al ... Continue reading
Dec 9, 2014
955,300 sales by the end of November; 920,800 full-year 2013 Best Å KODA November: 90,200 deliveries (up 10.1%) China: 46.9% Å KODA growth; Octavia up 112.4% MLADA BOLESLAV -- December 8, 2014: Å KODA is steaming ahead in 2014. Between January and November 2014, the Czech carmaker delivered 955,300 vehicles around t ... Continue reading
The Volkswagen Passenger Cars Delivered 5.59 Million Cars from January through November
Dec 9, 2014
Wolfsburg, December 8, 2014 â The Volkswagen Passenger Cars brand delivered 5.59 (January-November 2013: 5.48; +2.0 per cent) million vehicles to customers from January to November. âThe challenging developments on markets worldwide â above all in Eastern Europe and South America â will continue for ... Continue reading
Mercedes-Benz Tops Last Year's Sales Already in November
Dec 9, 2014
1,486,839 sold vehicles since the beginning of the year (+12.4%) Sales record for the eleventh consecutive month in 2014 (150,742 units, +13.0%) Strong growth in demand in the European markets C-Class Sedan and Estate post 53.3% sales growth Ola Källenius: "We have already topped the total sales of the previous year ... Continue reading
Shanghai GM Tops 10 Million Cumulative Sales
Dec 8, 2014
Reaches milestone in record time for domestic passenger car makers Shanghai GM recently surpassed 10 million cumulative sales since its establishment in 1997. It reached the milestone in record time for a domestic passenger car manufacturer. Shanghai GMâs first vehicle rolled off the production line just 23 months ... Continue reading
Nutson's Auto News Nuggets - Week of December 1-7, 2014
Dec 7, 2014
* Fueled by low gasoline prices, November auto sales really flowed. Consumers bought 1.3 million vehicles and the industry was up overall about 4.6 percent. The SAAR was close to 17 million units. Some car companies exceeded analyst's forecasts. GM and FCA (that's the former Chrysler), VW Group, and Honda/Acura are up; ... Continue reading
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