By the Numbers
Top 5 most expensive cars at the 2020 Barrett-Jackson Scottsdale auction
Hundreds of vehicles saw their few seconds in the auction spotlight over the past week at Barrett-Jackson Scottsdale, and we have a short list of the top five most expensive to sell.
PSA Group's sales slump 10% in 2019 after record-setting 2018
French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa. In its European home market, Paris-based PSA's sales declined by 2.5% in 2019 to 3.11 million vehicles, with its Opel-Vauxhall brand suffering the steepest fall, down 6.4%. In Europe, helped by an increase in sales of light commercial vehicles (LCVs), PSA said in a sta
Ford's new vehicle sales tumble in China by over 26%
Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker delivered 146,473 vehicles in China in the fourth quarter, down 14.7% year-on-year, Ford said in a statement. Ford has been trying to revive sales in China after its business began slumping in late 2017.
Auto sales in China are expected to drop 2% in 2020
BEIJING/SHANGHAI (Reuters) - Automakers in China need to get used to a new normal of "low speed growth" in the world's largest car market, the country's top auto body said on Monday, as it reiterated predictions that sales will likely shrink for the third consecutive year in 2020. The China Association of Automobile Manufacturers (CAAM) expects a 2% fall in vehicle sales. CAAM, affirming its forecast announced last month, also said auto sales declined for the 18th consecutive month in December
Rolls-Royce posts 25% jump in sales thanks to Cullinan demand
"Worldwide demand last year for our Cullinan SUV has driven this success and is expected to stabilize in 2020," Chief Executive Officer Torsten Mueller-Oetvoes said in a statement. The Cullinan was unveiled in 2018. North America continued to be the biggest contributor with about a third of Rolls-Royce's total sales, followed by China and Europe.
Zombie cars: 9 discontinued vehicles that aren't dead yet
Even after cars are discontinued, new, unsold ones still show up in monthly sales reports. We look at the worst-selling cars that are already dead.
