Category: Sales

By on December 2, 2016

GMC.com screenshot - Image: GMCGeneral Motors moved to increase the average incentive spend per Buick, Cadillac, Chevrolet, and GMC vehicle by 36 percent in November in order to clear out an inventory glut that seemingly refuses to be cleared out.

According to Autodata, General Motors now has more than 873,000 vehicles in stock, nearly three months of supply. That’s 26 percent more inventory than at this stage of 2015, when industry-wide volume was pacing at roughly the same level as today, albeit with significantly less incentivization.

J.D. Power PIN data shows that General Motors spent $4,912 per vehicle sale in November 2016, a $1,302 increase compared with November 2015. According to TrueCar, industry-wide incentive spending rose 13 percent, year-over-year, a figure skewed by the dramatic increase at America’s biggest holder of market share. Read More >

By on December 2, 2016

Front Pedestrian Braking, a new active safety technology available on the 2016 Chevrolet Malibu and 2016 Cadillac CT6, is one of many safety features tested at General Motors' new Active Safety Test Area at the Milford Proving Ground in Milford, Michigan. Image: Jeffrey Sauger/General Motors

U.S. sales of midsize cars remained on an even keel in November 2016, decreasing by only one-tenth of one percent compared with November 2015.

But make no mistake: the midsize car category still took a hit in November. While volume remained level, the segment’s share of the overall U.S. new vehicle market fell below 12 percent last month, the fifth consecutive November in which midsize market share has declined.  Read More >

By on December 1, 2016

2017 Cadillac DPi-V.R race c

Cadillac Racing has dutifully fielded entries in the Pirelli World Challenge since 2005, but the automaker’s motorsports division will now return to endurance racing after a 14-year hiatus.

The automaker revealed its 2017 Cadillac DPi-V.R, designed to hit the track in January as an entry in the 2017 IMSA WeatherTech SportsCar Championship Series Prototype (P) class. Its maiden voyage? The 24 Hours of Daytona — erm, “Rolex 24 At Daytona.”

All of this, of course, is designed to get you into a new CTS. Read More >

By on December 1, 2016

2017 Subaru Forester 20XT Touring - Image: Subaru

U.S. sales of new vehicles, year-over-year, declined in three consecutive months between August and October 2016.

Forecasters expected November 2016 to be a much brighter month thanks to buoyant incentives, a lack of post-election economic turmoil, and a lengthier sales month. Indeed, auto sales rose by nearly 4 percent thanks in no small part to big gains at General Motors, America’s highest-volume manufacturer of automobiles. Read More >

By on November 29, 2016

Untitled

Do you remember the last Volvo commercial you saw? Or any Volvo commercial?

If the answer is “no,” you clearly haven’t seen the videos offered up by Volvo Trucks, which somehow manage to make 18-wheelers seem as alluring as a two-seat droptop. By staging stunts that compel viewers to seek out a heavy truck license, the company’s online videos have given the truck maker a strong media presence and plenty of word of mouth.

It’s too bad that Volvo Cars (long since snatched from under the Volvo Group corporate umbrella) can’t do the same thing. Read More >

By on November 29, 2016

2018 Kia GT

A photo of what looks like a pre-production Kia GT was leaked to the interwebs today, revealing the upcoming premium midsize tapped to carry the brand’s performance torch.

Bowing next year as a 2018 model, Kia’s rear-wheel-drive sports sedan faces an uphill battle against a well-established competition, changing consumer preferences, and itself. Read More >

By on November 29, 2016

NIssan Nalley Showroom: Image - Nissan USA

After the U.S. auto industry reported all-time record sales volume in calendar year 2015, the industry grew by more than 1 percent, year-over-year, in the first-half of 2016.

But since the second-half began, auto sales have trended in the opposite direction. Compared with the July-October period of 2015, sales in the same period one year later were down 2.5 percent. U.S. auto sales declined in August, again in September, and again in October. Since July, year-over-year volume has fallen by nearly 150,000 units, dragging 2016’s year-to-date ten-month tally below last year’s record results.

Yet forecasters say November 2016 will produce a sudden turnaround. Read More >

By on November 27, 2016

dealership

Have you ever wondered why the model year and actual calendar year of production vehicles rarely coincide? Do you ever notice American-made cars have a tendency to come out almost comically early? Have you ever wondered why?

The answer is as uniquely American as the question itself, revolving around agriculture, consumer culture, and television.

Read More >

By on November 22, 2016

2017 Santa Fe

You won’t recognize Hyundai’s crossover lineup after the automaker’s potentially lucrative product revamp.

Giving crossover-hungry buyers more of what they want, Hyundai plans to add two new models and re-position three existing models to better battle rivals in red-hot segments. Expect a name change for one well-known model and growth spurts for others. Read More >

By on November 22, 2016

2017 Honda CR-V/2016 Toyota RAV4 - Images: Toyota & Honda

Only once in the last nine years, and not once since the Ford Escape scored a victory in 2011, has the Honda CR-V failed to top America’s SUV/crossover sales leaderboard.

At its current pace, 2016 will be the Honda CR-V’s fifth consecutive year as America’s best-selling utility vehicle. Better yet, there’s an all-new Honda CR-V arriving for the 2017 model year. (We’ll post a First Drive Review of that CR-V on November 30th. –Ed.)

But Honda has little intention of ramping up CR-V production growth in 2017 simply to match the Toyota RAV4’s rapid ascent. Read More >

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