Automotive Archive

  • Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million DALLAS -- Toyota Motor North America reported sharply higher U.S. sales in September on booming light trucks and the redesigned 2018 Camry, with the Lexus luxury division posting a rare monthly rise this year. The Toyota division (including the defunct Scion brand) sold 17 percent more vehicles than in September of last year, and Lexus was up 1.5 percent for a combined increase of 15 percent, the company said. There was one additional selling day in September of this year compared with last year. With four straight months of gains, Toyota North America moved into the black for the year so far with a 0.5 percent increase to 1.83 million vehicles sold. "The auto industry showed renewed strength in September, bringing optimism for a third consecutive year with sales topping 17 million new vehicles," said Jack Hollis, general manag..

    TOYOTA: Trucks, Camry fuel gain

    Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million DALLAS -- Toyota Motor North America reported sharply higher U.S. sales in September on booming light trucks and the redesigned 2018 Camry, with the Lexus luxury division posting a rare monthly rise this year. The Toyota division (including the defunct Scion brand) sold 17 percent more vehicles than in September of last year, and Lexus was up 1.5 percent for a combined increase of 15 percent, the company said. There was one additional selling day in September of this year compared with last year. With four straight months of gains, Toyota North America moved into the black for the year so far with a 0.5 percent increase to 1.83 million vehicles sold. "The auto industry showed renewed strength in September, bringing optimism for a third consecutive year with sales topping 17 million new vehicles," said Jack Hollis, general manag..
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  • Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million Volkswagen brand sales in the U.S. shot up 33 percent in September, thanks in large part to its new pair of three-row crossovers. Volkswagen said it sold 4,095 units of the new Atlas crossover, which went on sale in spring, and sold 3,075 copies of its redesigned 2018 three-row Tiguan, which debuted in August. Sales of the Golf SportWagen doubled last month, allowing Golf-family sales to climb 24 percent over a year ago. Jetta sales rose sharply in September, climbing 45 percent, while Passat sales fell 27 percent. Meanwhile, sales for the Audi premium brand rose 9.6 percent last month to 19,308 on strong showings from its Q5 and Q7 crossovers. It was the brand's 81st consecutive month of record sales in the U.S. Strong increases from three models drove the month at Audi. Sales of the A5 sedan more than tripled in September..

    VW/AUDI: Crossovers lift VW 33%; Audi up, too

    Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million Volkswagen brand sales in the U.S. shot up 33 percent in September, thanks in large part to its new pair of three-row crossovers. Volkswagen said it sold 4,095 units of the new Atlas crossover, which went on sale in spring, and sold 3,075 copies of its redesigned 2018 three-row Tiguan, which debuted in August. Sales of the Golf SportWagen doubled last month, allowing Golf-family sales to climb 24 percent over a year ago. Jetta sales rose sharply in September, climbing 45 percent, while Passat sales fell 27 percent. Meanwhile, sales for the Audi premium brand rose 9.6 percent last month to 19,308 on strong showings from its Q5 and Q7 crossovers. It was the brand's 81st consecutive month of record sales in the U.S. Strong increases from three models drove the month at Audi. Sales of the A5 sedan more than tripled in September..
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  • Helped by its best September ever, Lexus pulled closer to BMW for the No. 2 spot in the luxury sales race for 2017, while Mercedes-Benz stayed solidly on top despite a September skid in sales. U.S. sales of luxury vehicles rebounded in September after Hurricane Harvey and inventory shortages hurt August sales. Overall luxury sales rose 4.9 percent last month to 174,504 vehicles. The luxury market continued to underperform the overall industry, which posted a 6.3 percent boost for total U.S. light-vehicle sales last month. All luxury brands posted sales gains in September with the exception of Mercedes. Mercedes' sales, excluding the Sprinter and Metris commercial vans, declined 1.7 percent in September to 29,008 vehicles. Mercedes-Benz USA CEO Dietmar Exler said last month's sales were disrupted by the hurricanes that affected Texas, Florida and Puerto Rico. Despite the disruption, the brand's SUV and crossover sales are "seeing continued positive development," Exler ..

    LUXURY: Leader Mercedes slips; Lexus closes in on BMW

    Helped by its best September ever, Lexus pulled closer to BMW for the No. 2 spot in the luxury sales race for 2017, while Mercedes-Benz stayed solidly on top despite a September skid in sales. U.S. sales of luxury vehicles rebounded in September after Hurricane Harvey and inventory shortages hurt August sales. Overall luxury sales rose 4.9 percent last month to 174,504 vehicles. The luxury market continued to underperform the overall industry, which posted a 6.3 percent boost for total U.S. light-vehicle sales last month. All luxury brands posted sales gains in September with the exception of Mercedes. Mercedes' sales, excluding the Sprinter and Metris commercial vans, declined 1.7 percent in September to 29,008 vehicles. Mercedes-Benz USA CEO Dietmar Exler said last month's sales were disrupted by the hurricanes that affected Texas, Florida and Puerto Rico. Despite the disruption, the brand's SUV and crossover sales are "seeing continued positive development," Exler ..
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  • Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million Subaru of America eked out a 0.4 percent U.S. sales increase to produce the automaker's best September ever.Subaru sold 55,120 vehicles last month, good enough to clear the previous September record of 54,918 sales set last year.Still, it was the automaker's smallest year over year gain since March 2016 and came in a month other automakers soared and helped the industry rally 6.3 percent to post its first gain of the year. ALG says Subaru's average new-vehicle incentive also fell 5.7 percent to $1,026 last month compared with September 2016. "September marks 70 consecutive months of yearly month-over-month growth for our organization and our retailers," Jeff Walters, senior vice president of sales for Subaru, said in a statement. "Traffic to our retailers remains strong and it is encouraging to see sales of the ..

    SUBARU: Streak rolls on

    Related Stories U.S. sales rise for first gain of year; SAAR soars to 18.58 million Subaru of America eked out a 0.4 percent U.S. sales increase to produce the automaker's best September ever.Subaru sold 55,120 vehicles last month, good enough to clear the previous September record of 54,918 sales set last year.Still, it was the automaker's smallest year over year gain since March 2016 and came in a month other automakers soared and helped the industry rally 6.3 percent to post its first gain of the year. ALG says Subaru's average new-vehicle incentive also fell 5.7 percent to $1,026 last month compared with September 2016. "September marks 70 consecutive months of yearly month-over-month growth for our organization and our retailers," Jeff Walters, senior vice president of sales for Subaru, said in a statement. "Traffic to our retailers remains strong and it is encouraging to see sales of the ..
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  • French automaker PSA launched its app first in Europe, and is part of PSA's long-term strategy to re-enter the U.S. market.

    Peugot launches mobility venture ‘Free2Move’ in U.S.

    French automaker PSA launched its app first in Europe, and is part of PSA's long-term strategy to re-enter the U.S. market.
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  • Ford said it will increase the number of battery electric vehicles it offers, and is forming a dedicated internal team to study and develop the technology.

    Ford to expand EV offerings

    Ford said it will increase the number of battery electric vehicles it offers, and is forming a dedicated internal team to study and develop the technology.
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  • Elon Musk promised a brisk ramp up as Tesla rolls out its most affordable electric car yet, but the model's plodding start in its first quarter of production may actually be a blessing in disguise.

    Tesla holders look past delays in hopes of mistake-free Model 3

    Elon Musk promised a brisk ramp up as Tesla rolls out its most affordable electric car yet, but the model's plodding start in its first quarter of production may actually be a blessing in disguise.
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  • KAR Auction Services has acquired all of the TradeRev technology that allows dealers to electronically buy used vehicles before they reach physical auctions.

    ADESA’s parent buys rest of TradeRev

    KAR Auction Services has acquired all of the TradeRev technology that allows dealers to electronically buy used vehicles before they reach physical auctions.
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  • New spy shots seem to confirm that the coming 2-series Gran Coupe will be built on a fwd platform -- the same platform that underpins the Mini lineup and the smaller 1-series sedan currently slated only for China.

    BMW goes fwd for 2-series Gran Coupe

    New spy shots seem to confirm that the coming 2-series Gran Coupe will be built on a fwd platform -- the same platform that underpins the Mini lineup and the smaller 1-series sedan currently slated only for China.
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  • Consumer and safety advocates are pressing Congress to scale back the number of safety exemptions for autonomous vehicles in legislation now under consideration.

    Safety groups slam Senate bill for lax oversight of self-driving cars

    Consumer and safety advocates are pressing Congress to scale back the number of safety exemptions for autonomous vehicles in legislation now under consideration.
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