240 Articles
1 / 12

2015 is shaping up to be a record year for new vehicle sales in the United States, potentially eclipsing the previous record of 17.395 million units that was set in 2000.


The Chinese auto market is continuing to get weaker, and August was the third consecutive month with falling sales there. Domestic automakers are growing, while some foreign brands are struggling.


Car shoppers in the United States are well on their way to buying over 17 million new cars and trucks in 2015. If that does indeed happen, it will be just the third time in history that milestone has been reached.


Look for disappointing August sales figures next week, but try not to worry too much – September will likely be dynamite.


Auto imports are reaching historic highs of $171.5 billion into the US for the first half of 2015. Exports aren't keeping pace, though, and contributing to the country's growing trade deficit.


BMW and Toyota are the latest automakers concerned about the state of the Chinese auto market through the rest of this year. Signs are indicating there for the situation to keep getting weaker.


Toyota's newly released quarterly financial numbers show a company in a strong position. Net income hit a new record of $5.34 billion, up 10 percent. However, sales dipped slightly globally.


More than halfway through the 2015 calendar year, automotive sales remain steadfastly strong. Crossovers and SUVs are selling so well that the industry as a whole surged over five percent in July.


Through the first six months of 2015, Volkswagen narrowly grabbed the global sales crown from Toyota. The lead wasn't significant, though, with VW grabbing the honor by only around 20,000 vehicles.


The June auto market slump in China could continue through the next few months. Some analysts are worried that the shift could damage the financials of GM and Ford, according to an interesting article from The Detroit News.


First Drop For Autos In Two Years

Just as China's stock market collapses, the country's passenger car association reports the first sales slump there in over two years. The fall is predicted to extend further into the second half of 2015.


If auto sales continue at their current and projected levels, more than 17 million new cars will be sold in 2015. And if that does indeed happen, it will be just the third time new-car sales in the United States will have hit that lofty peak.


Stocks Boom As Car Sales Slump

The booming stock market in China is pulling people's money away from the auto market and causing car sales to slide.


Trucks and crossovers might be a booming automotive market at the moment, but companies are also using performance cars to boost profit margins from their lineups.


Automakers had a record-setting May, led by a strong performance at Chrysler. What's more, the future is looking bright, with the seasonally adjusted annual sales rate nearing record levels.


The transaction prices for fullsize SUVs were up in April, while small cars have been sitting for months on dealership lots.


Pickup trucks, crossovers and SUVs continue to sell strong, making up more than half of the total auto market. See all the sales data for April, 2015, here.


Auto sales were up about a half of a percent overall in March, pushing the seasonally adjusted annual rate past 17 million. Fiat Chrysler Automotive and Subaru each set impressive records, too.


While sales were up overall in February of 2015 when compared to the same month a year ago, cold and perilous winter weather had an impact, with numbers slightly lower than expected.


The year 2015 appears to be picking up right where 2014 left off, with every single auto company that sells vehicles in the United States reporting gains when compared to the same period a year ago. Trucks were the biggest driving factor in the race for sales supremacy.


The auto industry is expected to continue its roll in 2015, and 88.6 million vehicles are expected to be sold this year, according to research by IHS Automotive.

1 / 12
Share This Post