New-Car Transaction Prices up Nearly 1.5 Percent in March 2014
Apr 1, 2014
Heading into the spring selling season, Kelley Blue Book today report the estimated average transaction price for light vehicles in the United States was $31,995 in March 2014. New-car prices have increased by $450 (up 1.4 percent) from March 2013, while decreasing $185 (0.6 percent) from last month. "We are seeing con ... Continue reading
GM's March Sales Report Delayed Due to System Issues
Apr 1, 2014
General Motors Co.âs March U.S. sales, originally scheduled to be released at 9:30 a.m. EDT today, will be delayed several hours due to a computer systems issue that impacted dealer sales reporting. The company expects to report its sales this afternoon before the close of business. ... Continue reading
Chrysler Group Reports March 2014 U.S. Sales Increased 13 Percent; Best March Sales Since 2007
Apr 1, 2014
48th-consecutive month of year-over-year sales gains First quarter sales up 11 percent compared with same quarter in 2013 Jeep®, Dodge, Ram Truck, and FIAT brands each post sales gains in March compared with same month a year ago Jeep brand records its best sales month ever; March sales up 47 percent FIAT brand up 24 ... Continue reading
Apr 1, 2014
Ford Motor Company U.S. total March sales of 244,167 vehicles are up 3 percent from a year ago. Retail sales of 166,030 vehicles are up 3 percent and represent the best March result in eight years. ââ¬ÅMarch sales turned noticeably higher mid-month and finished strong,ââ¬??? said John Felice, Ford vice ... Continue reading
Increased Showroom Activity Points to Strong March Sales for Toyota
Mar 31, 2014
Toyota Motor Sales (TMS), USA, Inc. recorded its best non-holiday sales weekend of the year with sales of nearly 20,000 units. This is a 12 percent volume increase when compared to the same weekend last year (March 22-23, 2013). Additionally, this weekend outsold the three-day Martin Luther King, Jr. holiday weekend in ... Continue reading
UK Pricing on the Peugeot 308 SW
Mar 31, 2014
The new PEUGEOT 308 SW offers a compelling specification with prices that start from £16,895 Four-model line-up with stylish and capacious design with high level of standard equipment Range includes the latest, class-leading low CO2 petrol and diesel engines, most with Stop & Start The New 308 SW is now available to ... Continue reading
Incentive Spending, New Car Transaction Prices Increase in March
Mar 31, 2014
CHICAGO--March 31, 2014: Cars.com estimated today that the average transaction price (ATP) this month for light-vehicles in the United States was $29,488, up $73 (0.3 percent) from February and $614 (2.1 percent) from March 2013. Similarly, incentive spending is projected to be up this month. Cars.com reports the avera ... Continue reading
Tesla Reaches Deal to Keep Selling in New York
Mar 31, 2014
Washington DC The AIADA newsletter reported that CNN Money said that Tesla Motors will be able to continue to sell cars in New York state, and may eventually move to the dealership model that it has always fought. Tesla (TSLA) and the New York Automobile Dealers Association have reached a compromise in their battle ove ... Continue reading
AutoCanada Inc. Announces GM Canada Approval of Investment in Cadillac Buick GMC Dealership
Mar 31, 2014
EDMONTON, Alberta, Canada, March 31, 2014; AutoCanada Inc. announced today that it has obtained approval from General Motors of Canada ("GM Canada") to purchase an 80% non-voting equity interest in the assets of McNaught Cadillac Buick GMC ("McNaught"), a Cadillac Buick GMC dealership located in Winnipeg, Manitoba. The ... Continue reading
Suzuki Motability Offers - 20 models now with Nil Advance Payment
Mar 29, 2014
Suzuki has expanded its Motability offering to include 20 models from the range with nil advance payment. Alto, Splash, SX4 and the majority of the Swift range (excluding DDiS SZ4, SZ4 4x4 and Sport) are all available with nil advance payment. Alto, Splash and Swift automatic versions are also available with nil advanc ... Continue reading
Chinese Mercedes-Benz - BAIC Partnership
Mar 28, 2014
Beijing March 28, 2014; In the presence of Germanyâs Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further expansion of the production capacities of their joint ventur ... Continue reading
Shoppers Spring Back to Car Dealerships in March
Mar 28, 2014
Edmunds.com forecasts that 1,476,535 new cars and trucks will be sold in the U.S. in March for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.8 million. The projected sales will be a 24.0 percent increase from February 2014, and a 1.7 percent increase from March 2013. "Car buyers who chose not to brave the c ... Continue reading
Chrysler, Nissan See Most Improvement in Q1 2014 Sales
Mar 28, 2014
Cars.com projects a SAAR of 15.8 million new-car sales in March, up 3.3 percent from March 2013 and up 3.0 percent over February. This would mark the highest March SAAR since 2007. Jesse Toprak, chief analyst for Cars.com, projects retail units to account for 81.5 percent of this month's total sales, up 3.2 percent fro ... Continue reading
Auto Buyers Are Gravitating to Compact SUVs
Mar 28, 2014
Whether it's weather-related, the wide range of model options available or low gas pricesâor a combination of all threeâconsumers are buying compact SUVs in increasing numbers, according to an analysis by J.D. Power. The compact SUV segment has been the most popular segment among U.S. new-vehicle retail buyer ... Continue reading
Mar 25, 2014
More individual Californians purchased a Honda Civic than any other vehicle in 2013, according to new-vehicle registration data now available from Polk, which was recently acquired by IHS. Individual California car buyers purchased 65,910 Civics in 2013, more than any other vehicle in the state when subtracting sales t ... Continue reading
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