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News By Topic: Automobile Manufacturers

Acura Sets All-Time Monthly Sales Record

Acura Sets All-Time Monthly Sales Record

Strong Demand for TSX Sports Sedan Continues TORRANCE, Calif., June 3 -- May sales of Acura vehicles totaled 16,495, setting a new all-time monthly record besting the previous mark of 16,333 units set in August 2002, and surpassing last May's total of 16,229. Strong demand for the all-new 2004 TSX sports sedan pushed s ... Continue reading

American Suzuki U.S. Sales Remain Strong

American Suzuki U.S. Sales Remain Strong

Aerio Posts 70 Percent Gain Over May 2002 BREA, Calif., June 3 -- American Suzuki Motor Corporation's (ASMC) U.S. sales remain strong with sales totaling 5,862 vehicles for the month and 25,824 vehicles for the calendar year. The two models of Suzuki's Aerio -- the sedan and SX (sport crossover) -- posted a 70 percent ... Continue reading

American Honda Sales Climb 18 Percent to New May Record of 130,454

American Honda Sales Climb 18 Percent to New May Record of 130,454

Light Truck Sales Increase 57.2 Percent, Acura Sets New All-Time Record, Honda Division Exceeds 100,000 Sales for the Third Consecutive Month TORRANCE, Calif., June 3 -- American Honda Motor Co., Inc., recorded its best-ever May with sales of 130,454, up 18 percent, to achieve the second largest sales month in the comp ... Continue reading

Hyundai Sales Up for May

Hyundai Sales Up for May

FOUNTAIN VALLEY, Calif., June 3 -- Hyundai Motor America today announced sales of 36,545 vehicles for the month of May, an increase of 5.3 percent over the previous year. Year-to-date sales of Hyundai vehicles in the U.S. are up 7.5 percent. "Auto buyers in the U.S. are looking for value more than ever," said Robert Co ... Continue reading

Ford Motor Company Reports May U.S. Sales

Ford Motor Company Reports May U.S. Sales

* Ford's O'Connor encouraged by higher retail demand and recent economic news * Ford Expedition and Lincoln Navigator pace company's record-setting SUV sales * Volvo and Land Rover set new May sales records * Ford sets second quarter North American production plan at 1 million units and third quarter plan at 810,000 un ... Continue reading

Saab Cars USA Continues Setting Sales Records With Best May Ever

Saab Cars USA Continues Setting Sales Records With Best May Ever

Sales Increased 17.5% Over Last Year to 4,702 Vehicles - Making it the Best May in the Company's History NORCROSS, Ga., June 3 -- Driven by strong sales of the Saab 9-3 Sport Sedan, Saab Cars USA set another sales record, reporting its best May ever with sales of 4,702 vehicles. That number marks a 17.5 percent increas ... Continue reading

Nissan North America Reports May Sales

Nissan North America Reports May Sales

GARDENA, Calif.--June 3, 2003--Nissan North America, Inc. (NNA) reported May total sales of 70,967 for its Nissan and Infiniti divisions, a 6.7 percent increase versus May of last year. NNA reports selling 307,802 units calendar year-to-date, a 2.8 percent decrease from last year at this time. INFINITI HIGHLIGHTS -- In ... Continue reading

Porsche Cars North America Reports May U.S. Sales; Best Month in History for PCNA Sales

Porsche Cars North America Reports May U.S. Sales; Best Month in History for PCNA Sales

ATLANTA, June 3 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for May totaled 3,008 cars, an increase of 34 percent compared to the same period last year. It was the second best U.S. May sales result in PCNA's history ... Continue reading

BMW Group Reports 9 Percent Jump in May Sales

BMW Group Reports 9 Percent Jump in May Sales

BMW Group Sales Increase 10 Percent Year-To-Date WOODCLIFF LAKE, N.J., June 3 -- The BMW Group (BMW and MINI brands combined) reported a year-to-date sales increase of 10 percent for 112,278 vehicles compared to the 102,010 in the same period of 2002. May sales for the BMW Group were up 9 percent to 25,765, compared to ... Continue reading

Mercedes-Benz USA New Car Sales Up Six Percent

Mercedes-Benz USA New Car Sales Up Six Percent

Mercedes AMG and Starmark Each Post Best Sales Month Ever MONTVALE, N.J., June 3 -- Mercedes-Benz USA (MBUSA) reported sales of 19,167 new vehicles in May, an increase of six percent over May 2002. This sets a year-to-date record of 88,655 units. "To put this momentum in perspective, in just five months we have sold mo ... Continue reading

Audi Reports Increase in May Sales

Audi Reports Increase in May Sales

AUBURN HILLS, Mich., June 3 -- Audi of America, Inc. reported May 2003 sales of 7,857, representing a 1.9 percent increase over May 2002 sales of 7,710. Audi's year-to-date sales are 33,080 down 5.2 percent over 2002 when sales were 34,896. ... Continue reading

Volkswagen Reports U.S. Sales for May

Volkswagen Reports U.S. Sales for May

AUBURN HILLS, Mich., June 3 -- Volkswagen of America, Inc. reported U.S. sales of 27,941 new cars for the month of May, off 13 percent compared to last year's May sales of 32,109. For the year, Volkswagen has sold 120,150 cars compared to 137,360 a year ago. ... Continue reading

DaimlerChrysler Won't Appeal Federal Judge's Ruling on Hummer H2 Grille

DaimlerChrysler Won't Appeal Federal Judge's Ruling on Hummer H2 Grille

SOUTH BEND, Ind. June 3, 2003; The AP reported that DaimlerChrysler AG will not challenge a federal judge's ruling against it over whether the grille of the Hummer H2 is too similar to those on Jeeps. Attorneys for General Motors Corp. and DaimlerChrysler signed an agreement May 19 stipulating that U.S. District Judge ... Continue reading

Car Rental Direct, Inc. Defaults on Ford Forbearance Agreement and Release

Car Rental Direct, Inc. Defaults on Ford Forbearance Agreement and Release

LOS ANGELES--June 2, 2003--MAII Holdings, Inc. (PK:MAII) today announced that its subsidiary Car Rental Direct, Inc. (PK:CRDH) (the "Company" or "CRD") has defaulted on its Forbearance Agreement and Release (the "Agreement and Release") with Ford Motor Credit Company ("Ford"). Since the default, CRD has attempted to re ... Continue reading

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