Category: Sales

By on July 6, 2015

Picture courtesy blogs.reuters.com

Speaking at an unrelated Fiat 500 reveal last week, Fiat-Chrysler chief Sergio Marchionne said Ferrari is worth about $11 billion and he expects the prancing horse’s IPO to garner about $1.1 billion went it goes up for sale in October.

“There are clear expectations from ourselves as Ferrari brand is unique,” Marchionne said, according to Bloomberg News. “There is also a scarcity value as we are just selling a 10 percent stake.”

Marchionne’s estimate is roughly double what brokers said the Maranello-based manufacturer could be worth almost a year ago.

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By on July 6, 2015

Jeep Wrangler American flag

Remember when the U.S. auto industry was very much an American auto industry? No? I don’t, either.

But there was a time when an American car was an American car because it was made by an American car company in AmericaRead More >

By on July 2, 2015

Insane People at the Stock Photo Dealership

The Detroit Bureau is reporting that even though June was a record sales month for many automakers, many of those sales were partly fueled with record incentives from the manufacturer.

Buyers could get up to $8,000 knocked of the price of a Kia K900 or up to $7,000 off of Ford hybrids or electric cars — even $8,000 for the 2015 Ford C-Max Energi.

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By on July 2, 2015

Atlanta Police Nissan Leaf

Sales figures from automakers this week show slumping sales of electric vehicles and hybrids nationwide as gas prices drop and tax incentives dry up.

According to the Detroit News, sales from EV makers such as Nissan and Chevrolet have slowed down significantly — more than 30 percent for the Volt and 12 percent for the Leaf — last month, and both models may end up down significantly for the sales year.

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By on July 1, 2015

TTAC June 2015 YTD auto brand market share chart

General Motors generated 17.7% of the U.S. auto industry’s new vehicle sales in the first-half of 2015, a slight decline from the 17.8% market share earned by GM in the same period one year ago.

GM, the top-selling automobile manufacturer in the United States, posted a 3.4% year-over-year sales improvement through the first six months of 2015, but that was a full percentage point off the pace set by the industry as a whole. Read More >

By on June 30, 2015

USA Lexus sales chart May 2015 YTD

Conventionally pretty, it is not. But the Lexus NX is a hit.

The NX200t and NX300h combined to generate 4,014 U.S. sales in May 2015, the best month yet for the six-month-old NX line. Year-to-date, 16,546 copies of the NX have been sold in America. Since the end of November, 19,473 NXs have found their way into driveways across America.

Lexus, of course, has a tradition of building wildly popular premium crossovers. The RX is perennially America’s top-selling premium utility vehicle. Read More >

By on June 29, 2015

Fashion Bloggers Look Over Mercedes AMG GT S At NYFW AW15

Allegedly, Millennials care only about the latest iPhone, and not the i8. Nine out of 10 Millennials would disagree, and consider car ownership important.

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By on June 29, 2015

Volkswagen Beetles in Paphos Circa March 2015

Once upon a time, Volkswagen lived up to its name by providing a low-cost car for the people. Now, the automaker has plans to do so once more.

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By on June 29, 2015

Corvette sales chart

After averaging fewer than 1,200 monthly spring sales in 2010, 2011, 2012, and 2013, the launch of the C7 presented Chevrolet with more than 3,000 sales in March and in April and in May 2014.

Surely that’s all because of pent-up demand, right? After the C6 battled quite respectably through a recession, the craziness of the C7 was bound to generate a great deal of initial demand.

And yet one year later, long since its launch, the Corvette is selling just as well. Better, in fact. Read More >

By on June 27, 2015

UK best-selling autos market share chart

The Ford Fiesta is on track in 2015 to celebrate a seventh consecutive year as the best-selling vehicle in the United Kingdom. A streak which began in 2009 – following the Focus’s own tenure atop the leaderboard – appears completely secure now that the Fiesta has outsold its nearest rival by 19,000 units over the course of just five months.

The Fiesta is not a popular car by the standards with which Americans identify popularity. On this side of the pond, for example, the Ford F-Series is America’s best-selling line of vehicles, but the F-Series accounts for 4.3% of the overall auto industry’s volume. The Fiesta generates 5.3% of UK auto industry volume. Read More >

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