Business for Acura has been in a weird place, recently, and the company's latest car launches have been especially rocky. For example, the ILX Hybrid was recently discontinued after just two model years with only about 2,660 sold in that time. The company also delayed the launch of its new TLX by a few months until later this summer. However, despite its issues with sedans, the automaker's utility-vehicle business in absolutely booming. In fact, it now claims that the MDX is the best-selling thr
"Ford opened 88 dealerships in China last year." "Ford opened 88 dealerships in China during the first half of 2014." "Ford opened 88 dealerships in China last month." None of those statements – even the last one – would seem unbelievable. Saying "Ford opened up 88 dealerships in China last Thursday," though, is a bit more dramatic.
While Porsche may be relatively new to the four-door game, Maserati has been building the Quattroporte with few interruptions since 1963. But like its rival from Stuttgart, the Trident marque is rapidly shifting from a sports car company primarily to a manufacturer of high-end family transportation. Not only does it have the new Quattroporte on the market, but now it's got the Ghibli sedan as well and the Levante crossover on its way.
Think the only challengers for the title of best-selling luxury brand hail from der Vaterland? Wrong. Lexus outsold the likes of Mercedes-Benz for the second time in 2014 last month. In fact, the Japanese luxury marque's total sales this year are a mere 12,000 units behind BMW.
Diesel and hybrids both selling well in Texas, California
As we've already learned, 2013 was a pretty big year for diesel and hybrid sales. According to registration data, there are now 7 million diesel passenger vehicles and 2.8 million hybrids on the roads in the US. Diesel registrations grew by 410,040 last year, and hybrids increased by 531,385. From 2010 to 2013, diesel registrations increased by 30 percent, and hybrid sales grew by 64.5 percent. When compared to an overall market growth of just 3.7 percent, those numbers are remarkable. Diesel Te
Okay America, this has gotten silly. A new study by Edmunds has revealed what we've always kind of known – people don't like going car shopping. What we didn't realize, though, is why, and what they'd rather do (or not do) to avoid a trip to the dealer.
Plug-in vehicles are getting a lot more done during their proverbial senior year than hybrids ever did. IHS Automotive is poking holes into the theory that plug-in vehicles aren't selling as well by comparing them to hybrids at the same stage the technology's evolution. Turns out, the plug-ins come out substantially ahead.
Historically, the Japanese auto market has been a tough nut to crack for foreign automakers. The country's buyers have a reputation of preferring driving vehicles from domestic companies. However, the last fiscal year that ended in March indicated that things don't have to be so insular. As Japan's economy improved, imported models have seen their sales surge.
Recently released automotive March sales figures point to a major shakeup in the pickup world. Last month, Ram's trucks overtook the Chevrolet Silverado to become the second-best selling vehicle in the segment for the first time ever.
Three weeks ago an analyst increased projections for European car sales this year, expecting them to climb three percent compared to last year instead of 2.7 percent. That number is a postive sign after years of hard times but it turns out February was especially good, overall European sales climbing eight percent on a wave of southern European recovery and discounts - and this comes after five months of gains including January's 7.2-percent jump over the year before.
Volkswagen Group believes it can sell over 10 million vehicles in 2014, with hopes of overtaking Toyota as the world's largest automaker in the process. If VW can do it, it would meet that goal four years earlier than planned. Of course, Toyota isn't sitting still – it also hopes to top the 10 million-car threshold this year and has the advantage of already holding the top spot.
The compact crossover has officially become the modern station wagon. For families that need a practical vehicle that combines reasonable fuel economy and utility, they have become a natural choice. A new study by IHS Automotive published by Polk confirms this, with the relatively young market segment taking up a rapidly increasing portion of US auto sales.
Auto sales in Europe have taken a beating over the years, but as the global economy is on the ups, so too are sales in the Old World. According to a report from Automotive News Europe, 2014 sales are now forecasted to increase around three percent compared to 2013.
General Motors has really taken it on the chin this week with the recall of over 1.3-million cars and a separate potential safety issue found in over 200,000 of its 2014 pickups. Things aren't getting any better, because now questions are being raised about the early sales success of its new trucks. Barclays Capital analyst Brian Johnson tells Automotive News, "the launch has been arguably the least successful large pickup launch over the last 15 years."
The diesel, half-ton pickup has long been a Holy Grail to many truck fans, largely because of its potential to achieve both high payload and great fuel economy. Strange, then, that auto companies have seemingly been slow to react. However, Chrysler is finally wading into the pool for the 2014 model year with a version of its Ram 1500 pickup, and early claimed returns are showing the advantage of being first on the market. The Auburn Hills automaker has just revealed that its initial allocation o
Green-car enthusiasts are probably hoping that Toyota's Super Bowl ad with the Muppets will pay for some brand equity with the Japanese automaker because soft demand for the company's batch of hybrids continue to sink US green-car sales.
Toyota hopes to sell more than 10 million vehicles in 2014
Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year.
Looking at the progress General Motors has made since it entered bankruptcy, it's easy to forget that the company still has a long way to go before it's the juggernaut it once was. A recent report from Reuters points out that, while GM is making money, it isn't making any gains in terms of US market share. Quite the opposite, really.