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car sales

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    Report: GM, Ford sales increase sharply in China as country turns away from Japanese brands
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    American automakers that conduct business in China have benefited from growing anti-Japanese sentiments among Chinese buyers, as most recent sales numbers indicate. According to Automotive News, a territorial dispute over uninhabited islands have resulted in Chinese consumers rejecting vehicles ...

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    Official: GM profits down 14% in Q3
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    General Motors reported its third-quarter earnings today, and while revenues were up in the three-month period, overall profits were down 14 percent compared to last year. GM's Q3 net revenue was $37.6 billion (almost $1 billion more than 2011), but its net income was $1.5 billion, down from $1.7 ...

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    Ford up $1.6B in Q3 thanks to record profits in North America
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    Now that the bell has rung to signal the end of Q3 2012, Ford is standing in the ring with both hands in the air like Rocky: The company's overall profit of $1.63 billion for the last three months is nearly equal to its entire 2011 total of $1.94B. Those numbers come thank to the record-breaking ...

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    Report: Ford, Renault, VW shareholder oppose French aid for PSA/Peugeot-Citroën
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    Pots and kettles, glass houses and stones – that's a little of what we appear to have going on in the European car market. New reports say that that three European automakers have registered their opposition to a loan deal that PSA/Peugeot-Citroën is working on with the French ...

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    Report: VW Up! says "What closed market?" by recording 3,000 Japanese orders in 3 weeks
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    The initial prognosis for the Volkswagen Up! in Japan is going the same direction as the name of the car: three weeks after launch, 3,000 orders have been placed in Nippon. That beats Ford's sales total for the entire year and is almost a month's worth of BMW imports. Posting those numbers, ...

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    Report: Mercedes offers 3,000-euro discount amidst struggling sales
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    The bad economy looks to be getting deeper over in Europe. The latest evidence is German carmakers' desperate efforts to prop up badly-lagging sales. Last month, European discounts on German brands averaged 12.2 percent. And now, Mercedes-Benz is offering a 3000-euro ($3,900) trade-in incentive ...

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    Report: The importance of luxury SUV and crossover sales explained
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    When we see a vehicle like a Lamborghini Urus or the Bentley EXP 9 F concept, we may at first scratch our heads, wondering why an automaker would take this route. When the accountants see these vehicles, they see one thing: dollar signs. No matter what angle you come at it from, SUVs and ...

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    Report: September sales forecasted to increase 11 percent
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    Despite a spike in gasoline prices, car sales are on track to continue their stable growth, and this September could end up being the best September since 2007. Gas prices usually put a complete damper on car sales, especially bigger trucks and SUVs. The uptick in sales this month could mean the ...

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    Report: How BMW gamed its dealership system to sell more cars
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    We've seen it before and we'll see it again, quite possibly before the end of the year: A luxury brand padding its numbers with questionable "sales." This time it's BMW, according to a report in The Wall Street Journal, although there have been rumors of arch-rival Mercedes-Benz doing the same ...

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    Auctions: New Zealand dealership honors $1 Buy-it-Now price
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    You've probably heard of more than a few eBay or Craigslist specials that sound too good to be true; "Buy it for just $1- today only!" More often than not, its a ruse, luring you in for a far less inciting, yet more realistic transaction. If you are Stadium Cars, you wish it were the latter, but ...

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