New Cars Are Largely Unaffordable But Consumer Action Improves Outcomes
Jul 9, 2014
Requisite Press, LLC reported today a June 2014 ABAI of 52.7, indicating that a prudent, median-income family can only afford 52.7 percent of an average-priced new car. In fact, only one-third of American households can afford the $30,342 average price while preserving financial security*. This shrinks to fewer than on ... Continue reading
Five Years Ago Today - A "New GM"?
Jul 9, 2014
A special message for readers of InvestorsInsight E-letters. A friend of mine mentioned to me that he was surprised that "bankrupt GM" was spending some serious advertising dollars to try to lure customers to its website. My comment to him: It makes sense, if it is done properly! Yes, it is often necessary for a distre ... Continue reading
Manheim Reports Increase In Q2 Used Vehicle Values
Jul 9, 2014
Strong consumer demand drove an increase in volume and values for used vehicles in the second quarter as attractive financing put purchases within reach of more consumers. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 1 percent compared to the first ... Continue reading
BMW Group Breaks 1 Million Mark in First Six Months of Year
Jul 9, 2014
Sales increase by 6.9% with 1,020,211 deliveries in the first half year - Best ever June for BMW Group: 193,342 vehicles sold, rise of 4.8% The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered t ... Continue reading
Citroen DS Brand Celebrates Two Years in China
Jul 9, 2014
DS marks two years in China with a special event at DS World in Shanghai Celebrations include delivery of the 10,000th DS in the Chinese market, the launch of a new DS Club & the world-exclusive reveal of DS 6WRâs interior DS has just celebrated two years in China â the worldâs biggest car market â ... Continue reading
In June Opel European Sales Increased by 6 Percent
Jul 9, 2014
First half-year 2014 growth of 4 percent well above same year-ago period Market share gains in eleven European countries including Germany Opel remains one of the winners on the European vehicle market: in June the manufacturer increased new vehicle registrations by 6 percent over the same year-ago period. With this gr ... Continue reading
Porsche Delivers 87,800 Sports Cars Worldwide
Jul 9, 2014
Porsche, the sports car manufacturer, handed over more new cars to customers in the first six months of 2014 compared to the period of January to June 2013. The number of vehicles delivered rose by almost eight percent to 87,800 units. The new Panamera Gran Turismo was especially in demand with around 13,500 units deli ... Continue reading
PSA Peugeot Citroen's Unit Sales in China rose 28% in First Half of 2014
Jul 9, 2014
355,500 units sold in the first half of 2014 (local production + imports) Growth of 28% in a market up 12.3% Market share of 4.36% In the first half of 2014, PSA Peugeot Citroënâs unit sales in China rose 28% in a market up 12.3% thanks to the performance of joint ventures Dongfeng Peugeot Citroën Automobile ... Continue reading
Rolls-Royce Announces Record Half-Year Sales
Jul 9, 2014
Global sales increase by 33 per cent Significant sales growth across all regions worldwide Continued strong demand for Phantom, Ghost and Wraith Rolls-Royce Motor Cars announced today that the company has enjoyed a record half-year in 2014, with sales increasing by 33 per cent worldwide compared with the same period in ... Continue reading
2014 Q2 U.S. Used Car Sales and Dealer Profits Up
Jul 8, 2014
ATLANTA July 8, 2014; Strong consumer demand drove an increase in volume and values for used vehicles in the second quarter as attractive financing put purchases within reach of more consumers. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 1 percent ... Continue reading
Mazda UK Sales Soared by 27.14 Percent in the First Half of the Year
Jul 8, 2014
Half-year sales of almost 20,000 June sales grow 9 percent All-new Mazda3 sales up 56 percent Mazda UK sales soared by 27.14 percent in the first half of the year to 19,887 units, almost three times as fast as the industry average growth of 10.6 percent and Mazdaâs best half-year performance since the end of the s ... Continue reading
Renault Gains Momentum with Strong First Half of the Year Sales
Jul 8, 2014
In the first half of the year, the strong performance of the Renault and Dacia brands in Europe, driven by the success of Clio, Captur, Duster phase 2 and Sandero, enabled the Group to offset the sharp slowdown in its main emerging markets. With nearly 1.4 million vehicles sold worldwide at end-June 2014, Renault group ... Continue reading
Ford China First Half of the Year Sales: 549,256 Wholesale Vehicles, Up 35%
Jul 7, 2014
CAF first-half sales reach 397,958 wholesales vehicles, up 39 percent, June sales reach 67,187 vehicles, up 23 percent JMC first-half sales reach 132,938, up 21 percent, June sales reach 19,012, up 19 percent Ford China raced to a record first half, with 549,256 vehicles sold in the first six months of 2014, up 35 perc ... Continue reading
SKODA UK Celebrates Record Registrations January - June 2014
Jul 5, 2014
SKODA has recorded its best ever six-month sales period in the UK, with a staggering 39,176 new cars registered from January to June. Compared to a figure of 32,384 units for the same period last year, it means growth of 21% and gives the brand a market share of 3.0%. Strong demand for Skodaâs range of versatile v ... Continue reading
Subaru Canada: Best Year-to-Date Results Ever
Jul 3, 2014
New June record and six back-to-back months of explosive growth help Subaru achieve best year-to-date results ever. Forester and XV Crosstrek enjoy record-breaking June with results up 12.2 and 35.5 percent, respectively. Across Canada, all regions mark best ever year-to-date sales. MISSISSAUGA, ON, July 2, 2014 /CNW/ ... Continue reading
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