News By Topic: Industry Insider

Thoma Bravo to Acquire TRADER Corporation

Jul 1, 2016

SAN FRANCISCO—Thoma Bravo, LLC, a leading private equity investment firm, announced the acquisition of TRADER Corporation (TRADER), Canada’s leading digital automotive marketplace and software solutions provider, from funds advised by Apax Partners for approximately C$1.575 billion. The transaction, which is ... Continue reading

June 2016 Subaru US Auto Sales - Record

Jul 1, 2016

CHERRY HILL, N.J., July 1, 2016 -- Record June - monthly sales increase 5.1 percent over June 2015 55 consecutive months of month-over-month growth Best June ever for Outback, WRX/STI and Crosstrek 28 consecutive months of more than 10,000 Outbacks sold 35 consecutive months of more than 10,000 Foresters sold Subaru of ... Continue reading

June 2016 Toyota Lexus US Auto Sales

Jul 1, 2016

TMS posts best-ever light truck in first half Toyota is No. 1 retail brand in first half RAV4, Highlander and 4Runner post best-ever first half LX up 54.6 percent in the first half July 01, 2016 June 2016 Sales Chart TORRANCE, Calif. (July 1, 2016) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported June 2016 ... Continue reading

First 2017 Fiat 124 Spider Roadsters Arrive in U.S.

Jul 1, 2016

AUBURN HILLS, Mich., July 1, 2016 -- Fiat 124 Spider officially returns to the U.S. with its arrival at port Iconic Italian roadster, last sold in the U.S. in 1985, will begin arriving at FIAT studios this month 2016 marks the 50th anniversary of the Fiat 124 Spider's introduction All-new Spider is the most affordable ... Continue reading

June 2016 Mazda US Auto Sales

Jul 1, 2016

IRVINE, Calif., July 1, 2016 -- Mazda North American Operations (MNAO) today reported June U.S. sales of 26,188 vehicles, representing a decrease of 3.8 percent versus last year. Year-to-date sales through June are 145,354 vehicles. Key June sales notes: In its first full month of sales, the all-new 2016 CX-9 accounted ... Continue reading

June 2016 Infiniti U.S. Sales

Jul 1, 2016

2016 2015 % Change June 2016 Sales 11,058 9,985 10.7 Total 2016 Sales 64,978 64,280 1.1 NASHVILLE, Tenn. – Infiniti today reported sales of 11,058 vehicles in the U.S. during June, an increase of 10.7 percent versus prior year. The QX50 luxury crossover had its best month ever with an increase of 305 percent to 1, ... Continue reading

June 2016 Nissan Group U.S. Auto Sales

Jul 1, 2016

June 2016 June 2015 % Change Nissan Group Total sales (units) 140,553 124,228 +13.1 Nissan Division sales 129,495 114,243 +13.4 Infiniti sales* 11,058 9,985 +10.7 NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for June 2016 of 140,553 units, an increase of 13 percent over the prior year and a Jun ... Continue reading

June 2016 Honda - Acura US Auto Sales - New Records

Jul 1, 2016

July 1, 2016; American Honda Motor Co., Inc. today reported June sales of 138,715 Honda and Acura vehicles, a year-over-year increase of 3.2 percent and a new June record for light trucks which gained 2.2 percent on sales of 68,780. Honda division trucks also set a new June record, jumping 6.6 percent on sales of 61,46 ... Continue reading

GM Extends Expanded Military Discount Program Through July 8

Jul 1, 2016

DETROIT July 1, 2016; Chevrolet, Buick and GMC will celebrate the Independence Day holiday by extending their expanded military discount programs for all 21 million U.S. military veterans and their spouses through July 8, 2016. “Making sure all veterans can take advantage of our military discount throughout the In ... Continue reading

June 2016 Audi US Auto Sales - Sets June Sales Record

Jul 1, 2016

HERNDON, Va.—Audi reported that its June 2016 sales increased 1 percent to 18,445 vehicles, the brand’s 66th consecutive monthly sales record in the U.S. The previous June record was set in 2015 with 18,262 Audi vehicles sold. Through the first six months of 2016, Audi U.S. sales have risen 3.5 percent from l ... Continue reading

Chinese SUV to Hit South American Market

Jul 1, 2016

BEIJING—Chinese auto brand JAC (Shanghai Stock Exchange: 600418) has announced it launched the new S2 model SUV in Chile in June and will launch it in Peru, Colombia and Uruguay during July. The company hopes to see the S2 repeat the popularity of its previous model, the S3, which achieved high sales figures acros ... Continue reading

Motorcycle Theft: Statistics, Trends & Recommendations

Jul 1, 2016

Motorcycle Theft: Statistics, Trends & Recommendations Over the last few years, the motorcycle industry has benefited from strong increases in sales across all sectors. In January 2016 alone, sales of new motorbikes increased by 14.2%, however, accompanying the rise of motorbike sales, is an associated rise in motorbik ... Continue reading

CarGurus Survey Uncovers Uncertainty and Communication Frustrations Among Volkswagen Diesel Owners

Jul 1, 2016

CAMBRIDGE, Mass., July 1, 2016 -- CarGurus,car shopping website conducted a survey among Volkswagen TDI owners to gather their opinions around the recently announced "Dieselgate" scandal settlement. While the buyback is historic for the automotive industry, not all affected owners agree it went far enough. According to ... Continue reading

BMW Group, Intel and Mobileye Team Up to Bring Fully Autonomous Driving to Streets by 2021

Jul 1, 2016

MUNICH, July 1, 2016 -- BMW Group, Intel, and Mobileye are joining forces to make self-driving vehicles and future mobility concepts become a reality. The three leaders from the automotive, technology and computer vision and machine learning industries are collaborating to bring solutions for highly and fully automated ... Continue reading

GAC Motor's GS4 wins "Best Production Car Design in China" from CAR STYLING

Jul 1, 2016

TOKYO, July 1, 2016 -- GS4, the signature SUV model developed by China's best automaker GAC Motor, has recently been named "the Best Production Car Design in China" by leading international vehicle design magazine CAR STYLING on June 25 in Tokyo. It is the first time that the coveted award has honored a Chinese auto br ... Continue reading