Through the first nine months of 2014, U.S. Buick volume is up 8% to 170,764 units, nearly 50,000 sales back of Lexus, sales of which have risen 16%. Though Buick, the 19th-best-selling auto brand in America, trails Lexus, the 18th-best-selling brand, by a wide margin, Buick has opened up a wide lead over America’s three next-best-selling brands, Audi, Cadillac, and Acura. Read More >
Today’s Chart comes from J.D. Power, showing the growth of long term loans in the Canadian car market. While 96 month loans are just starting to hit American consumers, the 8 year loan terms have been present in the Great White North for some time. A friend was recently looking at a modestly equipped Big Three Pickup, which would be used for work. The truck, with an MSRP of $35,000 CAD (plus 13 percent sales tax), was offered at 96 months for 3.99%. That would have added up to $6,000 in interest payments over the loan term.
The Takata airbag recall continues to grow, with Nissan adding 260,000 2008 through 2012 models worldwide to the list.
Clutching dearly onto their fleet of Panthers, New York’s taxi industry is heading up to Albany to contest the $1 billion plan to replace their vehicles with Nissan’s “Taxi of Tomorrow” NV200.
The fate of where the next-gen Jeep Wrangler will be assembled may have been settled, thanks to the fact that there will be no unibody Wrangler anytime soon.
But while the results from three years ago involved post-tsunami struggles for many Japanese automakers and 27,000 extra Chrysler Group sales, September 2014’s numbers point more exclusively to the gains made at Chrysler’s five brands.
Once again, Chrysler Group sales increased by around 27,000 units, year-over-year. Toyota sales, including Lexus and Scion, also increased, rising less than 2% last month. In September 2011, total Toyota USA sales tumbled 17%. Read More >
A pair of auto manufacturer groups are coming together to form a consortium meant to prevent crackers — the correct term for those whose goal is to give computer security a good thrashing — from busting up a given vehicle’s communication system, one that has the blessing of the federal government.
With around 7.8 million vehicles from various automakers under recall thanks to defects in airbags supplied by Takata, the U.S. House Energy and Commerce Committee is reviewing the proceedings.
Tuesday, Michigan governor Rick Snyder signed into law a bill that included language reinforcing a direct sales ban established over 30 years ago.
Wednesday? Detroit billionaire Dan Gilbert — best known as the majority owner of the Cleveland Cavaliers who penned a letter in Comic Sans typeface in response to LeBron James making the decision to play for the Miami Heat — had a few words to say about this decision.
Mercedes-Benz USA has already sold more copies of the all-conquering S-Class in 2014 than in the full calendar years of 2009, 2010, 2011, 2012, and 2013. By the end of October, Mercedes-Benz USA’s S-Class sales total will be in excess of 2008’s total, as well.
Not since 2007 have S-Class sales been this strong. Mercedes-Benz sold 30,886 S-Class sedans in the United States in 2006 and 26,081 in 2007 after averaging little more than 20,000 annual U.S. sales between 2002 and 2005. Read More >