NADA: New and Used Auto Demand Blossoms in May
Jun 12, 2014
Seasonal demand lifted NADA's used vehicle price index to 126.8, 0.5% better than the previous record set a month earlier, according to the National Automobile Dealers Association (NADA) Used Car Guide in the June edition of Guidelines, a monthly report on new and used vehicle sales trends and price movement. "Auto dem ... Continue reading
Jaguar Land Rover reports a solid sales performance in May
Jun 12, 2014
Jaguar Land Rover delivers strong May sales performance retailing 38,831 vehicles, up 20% Jaguar sells 6,450 vehicles in May, up 4% Land Rover sells 32,381 vehicles in May, up 23% Calendar year to date Jaguar Land Rover sells 200,778 vehicles, up 14% Jaguar Land Rover, the UKâs leading manufacturer of premium luxu ... Continue reading
Is Everyone Happy? OPEC Sure Is
Jun 11, 2014
Vienna June 11, 2014; In an AP story published today titled "OPEC Keeps Output Target At 30 Million Barrels", OPEC Secretary General Abdullah Al-Badry was quoted as saying; "We have a very comfortable price and the market is very stable." The story went on to say that many OPEC members are at their production capacity ... Continue reading
Requisite Press Reports Minimal Change in New-Car Affordability Gap in May
Jun 11, 2014
Requisite Press, LLC reported today a May 2014 ABAI of 52.3. A score of 52.3 indicates that a U.S. median-income buyer following the 20-4-10 auto financing rule can only afford 52.3 percent of the May new-car average transaction price (ATP). This equates to a maximum affordable price of $15,763, assuming a median incom ... Continue reading
Gone in Sixty Seconds: Americans Take Home a Camry Every Minute in May
Jun 10, 2014
â On average, Americans drove away in a new Camry every minute in the month of May. Nearly 50,000 owners placed their trust in Camryâs safety, reliability and long-term value. âThereâs a reason Americans choose Camry, and it shows in sales month after month,â said Bob Carter, vice president of ... Continue reading
GM's CEO Mary Barra Remarks to 2014 Stockholders' Meeting
Jun 10, 2014
General Motors CEO Mary Barra addressed her first stockholder meeting as chief executive on Tuesday. Her prepared remarks are below. As always, the spoken word is definitive. *** Thank you, Tim [Solso]. Good morning and welcome to Detroit and the global headquarters of General Motors. Thank you for being with us. ... Continue reading
BMW Group Sales in May Continue Record Year
Jun 10, 2014
Total of 177,741 vehicles delivered in May, increase of 6.8% - Year-to-date sales up 7.4% to 826,865 - BMW 5 Series continues to lead its segment with rise of 10.6% in May Deliveries of BMW, MINI and Rolls-Royce brand vehicles increased 6.8% to total 177,741 in the last month, making it the best May ever (prev. yr. 166 ... Continue reading
MG doubles 2013 sales in just five months of 2014
Jun 10, 2014
2014 sales so far are already double 2013 sales in just first five months of the year Best ever sales: First time MG sales have exceeded 1000 units since company launch in 2008 MG continues to lead as fastest growing automotive brand in the UK according to SMMT Rapidly expanding dealer network with 20 new sites appoint ... Continue reading
It Pays To Get (Natural) Gassy In California
Jun 9, 2014
Civic Natural Gas drivers qualify for single-occupant access to HOV "carpool" lanes and High Occupancy Toll (HOT) lanes in the Greater Los Angeles area California leads the nation in compressed natural gas refueling stations with more than 150 locations in the state Natural Gas costs up to 40-percent less than gasoline ... Continue reading
SKODA has More record-breaking registration figures for May 2014
Jun 7, 2014
Total of 6,339 registrations made in May 15.9% increase over 2013 performance Total registrations for 2014 stand at 32,699 Market share rises to 3.1% for year to date Milton Keynes, 5 June 2014 â Å KODA has continued its remarkable 2014 performance with another double-digit increase in monthly registrations for M ... Continue reading
All-new Toyota Aygo offers wealth of customisation opportunities
Jun 7, 2014
Prices and specifications announced for new-generation Toyota city car All-new Aygo offers wealth of customisation opportunities, with up to 10 interchangeable exterior and cabin features UK line-up of three grades â x, x-play and x-pression â plus x-cite and x-clusiv special edition models Focus on fun-to-ow ... Continue reading
Jun 7, 2014
Proof of Jeep's rediscovered, but continued, popularity in the UK is illustrated in todayâs new car registrations figures for May. The legendary 4x4 manufacturer registered 279 sales last month, the ninth consecutive monthly sales climb, and up 218 per cent when compared with the same period last year. The largest ... Continue reading
Ford Momentum in China Continues with May Sales Up 32 Percent
Jun 6, 2014
Ford China May sales reach 93,323 wholesales, up 32%; year-to-date sales reach 461,473 vehicles, up 39%; CAF passenger car May sales reach 67,454 wholesales, up 32%; year-to-date sales reach 330,771 vehicles, up 43%; JMC May vehicle sales reach 21,342 wholesales, up 25%; year-to-date sales reach 113,926 vehicles, up 21 ... Continue reading
Nissan Altima Most Popular Vehicle Among CarMax Shoppers
Jun 6, 2014
To kick off the summer car buying season, CarMax today published its inaugural CarMax Used Car Shopping Report. According to data from more than 130 locations across the country, the Nissan Altima is by far the most frequently test-driven and purchased make and model at the nationâs largest used car retailer. Ford ... Continue reading
Subaru Announces Pricing On All-New 2015 Outback
Jun 6, 2014
Well-equipped Outback 2.5i begins at $24,895 - Bolder design for roomiest, most capable Outback ever - Lineartronic® CVT now standard on all models - Quieter, more refined ride and new amenities - Enhanced Eyesight® system with Blind Spot Detection and Rear Cross Traffic Alert CHERRY HILL, N.J., June 5, 2014 -- Subar ... Continue reading
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