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News By Topic: Automobile Dealers

Volkswagen Announces Full Pricing for All-New 2019 Jetta

Volkswagen Announces Full Pricing for All-New 2019 Jetta

Volkswagen of America, Inc., today announced full pricing of the all-new 2019 Jetta. Now based off the award-winning MQB platform, the 2019 Jetta offers bolder design, more interior space than the outgoing model and new technology. ... Continue reading

Toyota and Porsche Take Home Brand-Level Honors in the Edmunds 2018 Best Retained Value Awards®

Toyota and Porsche Take Home Brand-Level Honors in the Edmunds 2018 Best Retained Value Awards®

SANTA MONICA, Calif., April 5, 2018 -- Edmunds, the car shopping experts, today announced the 2018 Edmunds Best Retained Value Awards®, recognizing the new 2018 vehicles and brands with the highest projected residual values after five years. Toyota and Porsche took home brand-level honors in the standard and luxury ca ... Continue reading

KARMA AUTOMOTIVE TO DEBUT NEW TV SPOT DURING CBS COVERAGE OF THE 2018 MASTERS GOLF TOURNAMENT®

KARMA AUTOMOTIVE TO DEBUT NEW TV SPOT DURING CBS COVERAGE OF THE 2018 MASTERS GOLF TOURNAMENT®

Titled “Born in California,” the New Spot Celebrates the Connection Between California and the Karma Revero Irvine, Calif. (April 4, 2018) – Karma Automotive announced today that it is releasing its second network television commercial during CBS’ pre-coverage of the 2018 Masters Golf Tournament®. Titled “Bo ... Continue reading

IIHS: Good ratings for 5 small SUVs in passenger-side small overlap crash test

IIHS: Good ratings for 5 small SUVs in passenger-side small overlap crash test

ARLINGTON, Va. — In a new round of evaluations, 5 of 7 small SUVs earn good ratings from the Insurance Institute for Highway Safety for occupant protection in a passenger-side small overlap front crash. ... Continue reading

AIADA Market Watch 04/04/18 - International Nameplate Auto Sales Scoreboard

AIADA Market Watch 04/04/18 - International Nameplate Auto Sales Scoreboard

International brands were led last month by Acura (up 15.7 percent from last March), Mitsubishi (up 21.7 percent), and Volkswagen (up 17.8 percent). In contrast, Hyundai’s sales slipped 10.9 percent, due in part to the lack of SUVs and crossovers in its lineup. Throughout the industry, light trucks continued to drive ... Continue reading

Strong US Economy, Discounts Boost Automakers U.S. March 2018 US Sales

Strong US Economy, Discounts Boost Automakers U.S. March 2018 US Sales

US Auto sales in March rose 2.5 percent to 1,653,529, according to Autodata, which said the seasonally adjusted annual rate for the month was a better-than-expected 17.5 million versus 16.8 million a year ago. Analysts polled by Reuters had expected a March SAAR of 16.9 million.that major automakers on Tuesday reported ... Continue reading

INFINITI U.S. Reports March 2018 Sales

INFINITI U.S. Reports March 2018 Sales

INFINITI reported sales of 17,432 vehicles in the U.S. during March, down 5%. Deliveries of the all-new 2019 QX50, powered by the world’s first variable compression engine, began in March, contributing to the luxury crossover’s best March, with 1,913 total sold, up 11%. The Q50 sports sedan increased 34% to 5,085 i ... Continue reading

Used Car Depreciation Report From Black Book

Used Car Depreciation Report From Black Book

“We expect vehicle depreciation to increase and residual values to decline in 2018 as used vehicle supplies increase while overall demand stabilizes,” said Anil Goyal, Executive Vice President, Operations at Black Book. “Consumer demand at the vehicle segment level may see more volatility, and as such lenders sho ... Continue reading

Subaru Of America March 2018 US Sales Results

Subaru Of America March 2018 US Sales Results

April 3, 2018 , Cherry Hill, N.J. - Subaru of America, Inc. today reported 58,097 vehicle sales for March 2018, a 5.9 percent increase over March 2017, and the best March in the history of the company. The automaker also reported year-to-date sales of 149,703 vehicles, a 3.8 percent gain over the same period in 2017. ... Continue reading

Carvana Used Cars Opens in Lexington KY

Carvana Used Cars Opens in Lexington KY

e-commerce platform for buying used cars, launched in Lexington today, offering its online car buying solution and free delivery service in its 57th market to date and second market in the Bluegrass State. Customers can shop more than 10,000 vehicles on Carvana.com, finance, purchase, schedule as-soon-as-next-day vehic ... Continue reading

Volkswagen of America March 2018 US Sales Results

Volkswagen of America March 2018 US Sales Results

Sales totaled 32,548 units, an increase of 17.8 percent compared to March 2017. Year-to-date sales totaled 83,952 units, an increase of 10 percent over 2017. ... Continue reading

CarMax Reports Fourth Quarter Results

CarMax Reports Fourth Quarter Results

CarMax, Inc. today reported results for the fourth quarter and fiscal year ended February 28, 2018. Year-over-year highlights include: • Net sales and operating revenues increased 0.8% to $4.08 billion in the fourth quarter. ... Continue reading

Nissan Group reports March 2018 U.S. sales

Nissan Group reports March 2018 U.S. sales

Apr 3, 2018 March 2018 March 2017 % Change Nissan Group Total sales (units) 162,535 168,832 -3.7 Nissan Division sales 145,103 150,566 -3.6 INFINITI sales* 17,432 18,266 -4.6 NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for March 2018 of 162,535 units, a decrease of 4% compared to the previous yea ... Continue reading

FCA Canada Reports Best-Ever Sales Month for Jeep Wrangler and Chrysler Pacifica

FCA Canada Reports Best-Ever Sales Month for Jeep Wrangler and Chrysler Pacifica

All-time sales records set for Jeep® Wrangler and Chrysler Pacifica Jeep and Ram brands set March sales records Jeep Compass and Ram trucks set March sales records April 3, 2018 , Windsor, Ontario - FCA Canada today reported sales of 24,490 vehicles, an 8 per cent decrease compared with sales in March 2017 of 26,531. ... Continue reading

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