The king is dead - long live the king. Mercedes-Benz is now your new US sales champion in the fiercely competitive luxury market, deposing the champ BMW, which has enjoyed annual supremacy for the past two years.
Pike Research has put out an estimate saying that annual sales of plug-in vehicles in the United States will hit 358,959 by 2017. And they're not all going to the usual suspects. Mostly, sure, but not all.
Jean-Marc Gales, who has been running Citroën since leaving Mercedes-Benz in February, is aiming make Citroën Europe's third-largest brand. During a recent interview with an Italian newspaper, Gales stressed the importance of collaborating with other automakers and focusing on product, not just volume. "It's not important for us to produce 6 or 7 million cars to survive... We have
Despite lowering expectations for its Euro-only BLS sedan all the way down to around 7,000 to 10,000 units annually, it appears Cadillac was still a bit too optimistic with the car's chances for success in the old country. The FWD sedan that's based on the Saab 9-3 and built alongside the Swede in the company's Trollhatan factory has sold a little over 400 units after being on sale since April
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 2006 “very challenging”.