Automotive News article says the Lexus December to Remember campaign started in 1998 that helped turn December into one of the biggest months of the year for car sales. Before that - and "that" wasn't that long ago - December was close to last in sales because no one seriously considered buying a car for Christmas.
After gathering real-time transaction data from 8,900 automotive franchisees across the U.S., J.D. Power and Associates predicts new-vehicle retail sales will have declined for January 2010 compared to one year ago. January's new-vehicle sales are expected to come in at 500,900 units, which represents a seasonally adjusted annualized rate (SAAR) of 7.9 million units. In January of 2009, the SAAR was 8.8 million units. December 2009 was a particularly strong sales month – thanks to heavy ma
We saw it unveiled at the New York Auto Show back in March, and now we've got a release date for the Hyundai Genesis, just not for here. December 29th will mark coincident milestones for Hyundai. First, it's designed a new logo celebrating 40 years of growth. Second, and more exciting to us, is the Korean market launch of the Genesis (BH) sedan. The Genesis may not be groundbreaking for the rest of the industry, but it's got us on the edge of our seats nonetheless. With the Tau V8 underhood driv
Here's a Christmas present idea for the person who's already got a Springfield Phantom in the garage for concours events and a Camargue for a daily driver. The oldest Rolls Royce known to be a runner is going up for auction at Bonhams in London on the 3rd of December. It'll cost you somewhere around $4 million, though having more in reserve would be a good plan. Someone else might want to give the old starter handle a whirl. That handle's attached to 103-year-old running gear that was lovingly r
It’s a fitting way to end a year that saw year-over-year declines for the Big Two automakers nearly every month except during the summer when employee pricing was the sales tactic du jour. Rueters is reporting that analysts predict GM to post a sales decline of eight percent in December, while Ford’s sales may drop up to 14.5 percent and DaimlerChrysler’s two to six percent.