Consumer Confidence Drives Booming Sales of Motorhomes Built on Ford Chassis and Vans
Aug 7, 2014
Sales of Class A motorhomes, which can retail for more than $150,000, are up 12 percent year-to-date through May, according to Statistical Surveys Inc., reflecting a growing economy and increasing consumer confidence; sales of smaller Class C motorhomes are up 14 percent for the same period Ford motorhome chassis sales ... Continue reading
Aug 7, 2014
Nissanâs North American sales increase 12 percent in 2014, more than double overall industry performance; market share rises to 9.3 percent, up 0.6 points North American production rises 21 percent; U.S. production +24 percent; Mexico +18 percent Smyrna, Tennessee facility becomes the top-producing automotive manu ... Continue reading
Is NASCAR's Business Growing Or Shrinking; Why?
Aug 7, 2014
By Rick Carlton with Permission From The Motley Fool - Business Between February and November each year, a torrent of hurtling stock cars circulate around racetracks from sultry South Florida to the sun-bleached wine country of Northern California, all amply supported by hours and hours of sports television programming ... Continue reading
The Ford Fiesta was the UK's best-selling car in July
Aug 7, 2014
UK market leader Ford has secured the two top sales positions for cars and commercial vehicles in July and for the year to date. According to the official figures for the first half of 2014 from the Society of Motor Manufacturers and Traders (SMMT): Ford Fiesta and Focus are the number one and two best-selling cars For ... Continue reading
Chrysler Group Reports Second-Quarter 2014 Net Income of $619 Million
Aug 6, 2014
Chrysler Group reported net income of $619 million in the second quarter of 2014, up 22 percent from a year ago Net revenue for the second quarter was $20.5 billion, up 14 percent from a year ago Modified Operating Profit(b) grew 22 percent to $985 million for the quarter, from $808 million a year earlier Free Cash Flo ... Continue reading
Automaker Revenue from Alternative Services Will Total $21.7 Billion from 2014 to 2023
Aug 6, 2014
Carsharing services are already a major revenue generator for automakers, report finds ... Continue reading
Aug 6, 2014
Group revenues in second quarter at ⬠19.9 billion Profit before tax increases to ⬠2.66 billion Automotive segment EBIT margin rises to 11.7% Six-month revenues increase to ⬠38.1 billion Six-month EBT grows to ⬠4.8 billion BMW Group reaffirms sales volume and earnings forecast Munich. The BMW Gro ... Continue reading
Aug 5, 2014
Incentives Drive Hot July Sales High end-of-model-year incentives helped drive sales to healthy heights in July. Across the board, incentives were up eight percent from July 2013, averaging $2,774 per vehicle. Mazdaâs sales were up 17 percent, Nissanâs were up 11.5 percent, and Toyota saw an 11.6 percent impr ... Continue reading
Mazda Achieves Record Profits-- Up 54% this Fiscal Year
Aug 5, 2014
Ultra-efficient SKYACTIV technology models fuel growth Full-year forecasts set to remain unchanged Coming off its best year ever, Mazda Motor Corporationâs first-quarter results confirmed its target of setting another new profit record for the current fiscal year. On the strength of its SKYACTIV Technology-based m ... Continue reading
Incentives Drive Hot July Car Sales
Aug 4, 2014
The American International Automobile Dealers Association (AIADA) today released July 2014 sales figures for the international nameplate automobile industry. AIADA represents Americaâs approximately 10,000 international nameplate franchises whose brands accounted for 55.9 percent of all vehicles sold in the United ... Continue reading
AutoNation Announces Reported Retail Sales of 27,484 New Vehicles in July 2014, Best July Since 2006
Aug 4, 2014
AutoNation, Inc. , America's largest automotive retailer, today announced that it reported to automotive manufacturers retail sales of 27,484 new vehicles in July 2014, an increase of 8% as compared to July 2013. On a same-store basis, reported retail new vehicle unit sales in July 2014 were up 7% as compared to July 2 ... Continue reading
Honda Odyssey 2015: Pricing and Features
Aug 3, 2014
TORRANCE, Calif. Beginning Aug. 2, the class-leading 2015 Honda Odyssey goes on sale with a starting Manufacturers Suggested Retail Price (MSRP)1 of $28,975. The Odyssey was the top selling minivan with individual (retail) car buyers in the U.S. in 2013 and in the first five months of 2014, based on new-vehicle registr ... Continue reading
Mitsubishi Vehicle Sales July 2014: Up 28.9 Percent Year-to-Date
Aug 1, 2014
Mitsubishi Motors North America, Inc. (MMNA) experienced another strong month in July with sales of 6,349 units, a 21.4 percent increase over the sales total from July 2013. The stylish and American-made Outlander Sport 5-passenger compact crossover/SUV was the brand's volume leader with sales of 2,610 units in July â ... Continue reading
Toyota Vehicle Sales July 2014: Up 7.3 Percent
Aug 1, 2014
Toyota, Scion and Lexus today reported total July 2014 sales results of 215,802 units, an increase of 7.3 percent from July 2013 on a daily selling rate (DSR). On a raw-volume basis, unadjusted for 26 selling days in July 2014 versus 25 selling days in July 2013, sales increased 11.6 percent over the year-ago month. To ... Continue reading
Mercedes-Benz Vehicle Sales July 2014: Up 15 Percent
Aug 1, 2014
Mercedes-Benz USA (MBUSA) today reported the highest July retail volumes in its history with 30,757 units sold across the Mercedes-Benz, Sprinter and smart model lines, representing a 16.4% increase from the 26,423 vehicles sold the same month last year. July sales for the Mercedes-Benz brand alone totaled 27,192, up 1 ... Continue reading
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