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REPORT: Chevrolet to take larger role at GM, account for 70% of total volume
Forget about more cowbell, for GM it's all about more Chevy -- at least, that's the situation for Chevrolet's new VP Brent Dewar. So far this year the Bowtie has posted more than 60% of GM's North American volume, but Dewar wants that to get to 70%. "As Pontiac goes away, Saturn goes away," Dewar said, "Chevrolet has to step up. The 70 percent target is the right kind of number we need to work on." The real perspective on that challenge is in the numbers: GM's market share was 22.4 percent a year ago and is now 19.7 percent. However, ... Read more →
Toyota reverses decision, chooses to again seek quality over market share Michael Harley
It was back in 2002 when Fujio Cho, then-President of Toyota Motor Corp., set the company's goal of achieving a 15 percent share of the global automotive market sometime after 2010. Seven years ago, ...
REPORT: Ford poised to overtake GM as America's top-selling automaker Jonathon Ramsey
According to Merrill Lynch's Car Wars study, Ford's improving lineup of cars will be responsible for hauling the company's market share to places it hasn't been in many decades – namely, ...
Ford Fiesta winning hearts and minds - and wallets - in Europe Jonathon Ramsey
The Ford Fiesta has already won us over -– twice – and we can't even buy the car yet. But European buyers are nabbing so many Fiestas that the Blue Oval is now enjoying a 10% market ...
How quickly we forget: Cheaper gas = higher pickup and SUV sales Chris Shunk
Pickup and SUV sales plummeted when gas hit $4 per gallon, and many thought these gas-guzzling segments would never fully recover. That may be true, but for now Americans are once again getting more ...
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BREAKING: Toyota to recall 3.8M vehicles to reshape and replace pedals
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VIDEO: 2010 Dodge Viper ACR makes the rounds at Laguna Seca, sets track record
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Quick Spin: Nissan Leaf the tip of mass market EV spear
Breaking news:
- BREAKING: Toyota to recall 3.8M vehicles to reshape and replace pedals BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air First official shots of new BMW 5 Series leaked online BREAKING: Schumacher likely to return to F1 racing with Mercedes BREAKING: Buick confirms 2011 Regal 2.0T to come with manual transmission. Wait... wha?
Asian brands beat Big 3 sales in May 1 year ago on Autoblog
Just less than a year ago, the Big 3 domestic automakers' combined market share dropped to less than 50-percent of the overall automobile market. That sobering statistic was made factual when the combined sales of vehicles from both Asian countries, such as Japan and Korea, were combined with sales ...
Jeep helping Chrysler retain market share 2 years ago on Autoblog
The Jeep Wrangler Unlimited, Compass, and Patriot are helping Chrysler defend its market share in a declining sales environment. Between these new models and incentives on Dodge and Chrysler vehicles, Chrysler has managed to stay 0.1% ahead of the market's year-on-year drop in sales. The Wrangler ...
First time in 102 years: Big 3 lose majority market share to imports 2 years ago on Autoblog
var digg_url = 'http://www.digg.com/offbeat_news/First_time_in_102_YEARS_Ford_GM_and_Chrysler_lose_majority_market_share'; As we reported in our By the Numbers post earlier today, last month nearly every automaker, import and domestics alike, had a tough time selling cars. The domestics, ...
Would VW leave the US market? 2 years ago on Autoblog
VW's has strengthened its position in Europe as the leading brand, claiming more than 20% market share. In the US, though, VW sales have dropped by an average of 25,000 cars every year for four years, and the company has lost close to a billion dollars each of the past three years. Stefan Jacoby, ...
Domestics may end month with market share below 50% 2 years ago on Autoblog
Can a drawn-out incentive campaign keep the domestics ahead of the imports? Automotive News, for one, seems to think it would only serve to delay the inevitable. Detroit is on a trajectory to fall below 50 percent in market share in the very near future, maybe even this month. It seems obvious that ...
Honda gaining momentum on the Big 2.5 2 years ago on Autoblog
Unless your current residence is beneath the Earth's crust, you probably know about the beating Toyota has been laying on the domestic automakers. Almost every month, Toyota's sales rise by double-digits while the Detroit-based competition endures losses. It seems there's constant debate over which ...
Toyota poised to take #2 spot from Ford 2 years ago on Autoblog
Ford Motor Co. has admitted what we saw coming for some time. The New York Times just ran a story saying Ford has announced that they fully expect Toyota to take over as number two behind General Motors. At least in America. Perhaps not unexpected, but it still sounds weird to hear that Ford won't ...
Riding out the storm: 2007 going to be a bad year for sales 2 years ago on Autoblog
The automotive industry isn't back on the upswing yet. 2007 may prove to be a nine-year low for sales at 16.2 million units, with Detroit automakers taking the biggest hit. CSM Worldwide, leading auto industry analysts, released a report recently indicating that U.S. light-vehicle sales would drop ...
Ford to shrink dealer network over three years 3 years ago on Autoblog
Reuters is reporting that Ford will be shrinking its dealer base over the next three years in order to better align its distribution network with a market share that is smaller than it has been in the past. Dealers were told of the planned reduction at the dealer meeting in Las Vegas last month. The ...
By the Numbers: July 2006 3 years ago on Autoblog
The numbers for July have rolled in and we bet most manufacturers wish they would roll right back out. Of the 34 brands that have reported their July sales so far, 22 are reporting a drop in monthly sales versus the same period last year. The Chrysler Group's drop has attracted the most attention ...
Summer shaping up to be difficult for domestics 3 years ago on Autoblog
As Toyota and Honda called in record numbers for June sales, auto dealers pushing domestics are looking to corporate to lay some incentives down to get them through the summer, according to a survey of dealers conducted by Automotive News. Instead, automakers are laying down more ...
Ford changes forecast, expects 2006 global market share to drop 3 years ago on Autoblog
Ford Motor Co. isn't as optimistic as it was a few months ago. In a new filing with the U.S. Securities and Exchange Commission, the company announced on Tuesday that it was lowering its worldwide market share prediction for 2006, saying it is likely market share will decline for the year. ...
GM loses another point of market share in Q1 3 years ago on Autoblog
On Monday GM sales analyst Paul Ballew announced that the General’s market share would slip a percentage point in the first quarter to 24 percent compared to a year earlier. Mark LaNeve, the company’s VP of North American sales (a.k.a. Captain Obvious), also called the sales outlook for ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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