Tag: Sales

By on February 24, 2017

2017 Jeep Compass

We knew that Jeep’s redesigned small crossover was going to be sized up, priced up, and niced up in order to avoid cannibalizing the Renegade. What we didn’t know was that Jeep would dump it into the KL Cherokee’s lap like a scalding cup of coffee. At $22,090, the base 2017 Compass is only a stone’s throw away from the larger model’s pre-destination price of $23,695 MSRP.

Worse still is that Fiat Chrysler’s inability to update or enhance the Jeep Cherokee in any meaningful way has helped sales implode in recent months. The KL was Jeep’s top selling model in 2015, with 220,260 units sold in the United States, but it took a sales hit of almost 30,000 vehicles the following year and saw a noticeably weaker beginning for 2017. (Read More…)

By on February 19, 2017

2015 Honda CR-V

Sport utility and crossover vehicles have gradually become hotter than the surface of the sun as the public has come to treat sedans with the sort of disdain usually reserved for an old high school flame. It was decent while it lasted, but now you don’t even really want to acknowledge that it was ever a part of your life.

Sales have reflected this and automakers have hurried to supply an eager market with utility vehicles. While some did not quite meet demand, and have suffered for it, others are seeing rising incentives to meet the growing inventory surplus — giving us our first indications that interest in SUVs and crossovers has its limits.  (Read More…)

By on February 16, 2017

GM: Barra at 2016 GM Annual Stockholders Meeting

It comes across as a movie scene where the departing mother soothes the nerves of two children frightened by their father’s impending remarriage.

In this case, the children are the trembling employees of German General Motors division Opel, and the departing parent is GM CEO Mary Barra. Well, “departing” isn’t accurate, at least not yet. The American automaker is in talks with France’s PSA Group to potentially sell off Opel, as well as its Vauxhall sister division.

Yesterday, Barra spoke to employees at Opel headquarters, hoping to allay fears and quell protests from Opel’s works council and union, as well as the German government. Her words, or what we know of them, relayed the message, “Kids, it’s gonna be okay.” (Read More…)

By on February 10, 2017

2015 Volkswagen Jetta TDI, Image: Volkswagen of America

A border tax placed on Mexican goods bound for the United States would be a worst-case scenario for struggling Volkswagen.

The automaker, which already knows a few things about worst-case scenarios, is waiting on pins and needles to see if the proposed tax prices its small cars out of the market. (Read More…)

By on February 8, 2017

Volvo Emblem logo badge

After surviving a very rough patch that could have easily sunk it for good, Volvo is feeling confident enough to be boastful, albeit in a restrained, Scandinavian way.

The Swedish automaker is riding high after posting record worldwide sales last year, and its CEO claims the groundwork is in place to have that trend continue in 2017 and beyond. Part of that optimism lies in a South Carolina plant expected to come online in 2018.

While the Berkeley County plant will be home to the next-generation S60 sedan, a second promised model is no clearer now than when shovels broke ground in 2015. (Read More…)

By on February 1, 2017

2017 Cadillac Escalade

With consumers crawling all over crossovers and SUVs, you’d think that automakers would be eager to make some extra cash by generously hiking transaction prices.

Well, automakers might want it, but they certainly aren’t foolish enough to do it. Not in this stagnating marketplace, and not with the importance heaped on that wildly competitive segment. According to Kelley Blue Book, the average transaction price growth in all SUV and crossover segments remains at or below inflation.

However, when it compared transaction prices — minus incentives — in January of this year compared to the same month last year, the research company found that a certain hot-selling segment saw a consistent drop in window sticker value. (Read More…)

By on January 30, 2017

2018 volkswagen tiguan

It’s a good news kind of day in Wolfsburg, despite fears of further indictments from U.S. authorities and an ongoing investigation by pesky German investigators.

After spending years jockeying with rival Toyota for the sales crown, Volkswagen finally pulled ahead in 2016 to become the world’s top automaker, fulfilling a goal set in 2009. The architect of that global dominance strategy — ex-CEO Martin Winterkorn — might not share the elation of his former colleagues, as he is currently under investigation for fraud. (Read More…)

By on January 28, 2017

2015 Dodge SRT Hellcat

Fiat Chrysler Automobiles rocketed out of the recession with year-over-year U.S. sales increases, eventually erasing the sudden deficit of buyers that led to its bankruptcy. Between 2009 and 2015, the resurgent automaker went from a measly 931,402 U.S. sales to a healthy, cash-generating 2,243,907.

Those gray skies sure did clear up. Happy days!

Now for last year’s sales tally: 2,244,315. Notice something unusual? That’s right, FCA tacked on just 408 sales in 2016 compared to a year prior. While sales growth can’t be counted on like the rising and falling of the sun, especially in a market that has reached a tentative plateau, it’s nonetheless concerning for FCA. The sales juggernaut sits idle in the water, yearning for headway.

Is the automaker’s problem simply that there aren’t enough places to buy Jeep, Dodge, Chrysler, Ram and Fiat vehicles? (Read More…)

By on January 26, 2017

Ford Ranger 3.2L TDCI Wildtrak exterior beauty shot, Image: Radek Beneš/The Truth About Cars

On September 5, 2006, Alan Mulally moved into the corner office at the Glass House. He brought with him a simple management philosophy he developed over three decades at Boeing Commercial Aircraft. After a short time at Ford, he formalized his philosophy, which continues to guide the company under Mark Fields.

He called it One Ford — and along with a lot of hard work, that philosophy transformed the Blue Oval into the profitable, future-oriented automaker we know today.

(Read More…)

By on January 21, 2017

Image: Nissan 2017 Nissan Rogue One Star Wars

If compact crossovers were feature films, Nissan’s Rogue would be tapped for an Academy Award statuette. The surging model ended a record sales year with a truly boffo month, and Nissan can give partial thanks to the visibility heaped on it by the Rogue One marketing campaign.

You couldn’t escape it — simply, it was everywhere. No longer dodging monsters made out of ice, the Rogue spend the holiday season dodging lasers as it plowed across a Martian-like landscape. The automaker’s partnership with Lucasfilm took the vast marketing power of the Star Wars franchise and brought it to bear on a relative latecomer to the crossover game, cranking its exposure up to “11.”

That, coupled with a cringe-inducing (or lustworthy) limited-edition Rogue and an end-of-year sales push, made the Rogue the best-selling non-pickup vehicle in the U.S. for the month of December. Unfortunately for Nissan, nothing lasts forever. Rogue One won’t stay in theaters forever, and there’s no new partnership on the horizon.

What to do? (Read More…)

By on January 16, 2017

BMW X Models

Mercedes-Benz and BMW have more in common than just a bitter rivalry and the Fatherland — they both feel the need to get more crossover vehicles into North America.

Despite being known largely for their rich heritage of premium sedans and coupes, Bavaria’s Motoren Werke and Daimler’s Three-Pointed Star want to see utility vehicles replacing more of the cars they ship to the United States.

Last year, crossovers and SUVs comprised 42 percent of BMW’s sales in North America — an almost ten percent increase from 2015. Mercedes-Benz also saw an increase in truck sales. Sport utility vehicles now account for 47 percent of its passenger vehicle volume. However, both companies are anticipating a balanced ratio right around the corner.  (Read More…)

By on January 4, 2017

2016 Hyundai Sonata, Image: Hyundai Motor America

There’s no shortage of uncertainty afflicting the auto industry these days, but Hyundai Motor Company is facing 2017 like a tense office worker determined to put on a brave face around its colleagues.

After seeing its 2016 delivery targets swamped by a wave of market reality — and after canning the CEO of its American division for missing his own targets — Hyundai claims the gray skies will clear up in the New Year. (Read More…)

By on January 4, 2017

Nissan Murano CrossCabriolet 2012

Convertible sales have slid steadily for a while now and “everyday” droptops like the difficult to praise Chrysler Sebring have vanished from the automotive market. With the exception of a few premium options from Germany, fun in the sun doesn’t seem to coincide with daily driving anymore.

With their sales volume now trumped even by impractical, short-ranged electric vehicles, lidless cars are less popular than ever. In fact, America’s most popular convertible isn’t even a car (Jeep Wangler), and today’s remaining open-air options are either performance focused, comically small, or extremely expensive European luxury items. That’s likely to remain the case for some time, considering it took us over a decade to get here.  (Read More…)

By on January 4, 2017

tesla-model-s-

2016 wasn’t just a disappointing year for celebrities.

After stating that it would place between 80,000 and 90,000 vehicles in the hands of adoring customers before year’s end, Tesla failed to clear the delivery bar it had set for itself. While production numbers crossed the threshold, 2016 deliveries fell short, numbering only 76,230.

Still, the electric automaker — which has set much loftier production goals for the near future — doesn’t seem too concerned. (Read More…)

By on December 22, 2016

Truro Nissan storefront

There are certain inescapable truths in this world: bacon is delicious, man buns should be outlawed, and car dealerships endure a reputation of being a refuge for the ethically bankrupt.

I — like many others around here — am no stranger to witnessing the unscrupulous debauchery occurring on some showroom floors. However, there are exceptions to every rule, and a fledgling dealer in small-market rural Canada puts the lie to the claim that backwards thinking is a trait of all car dealerships. There are bright spots out there, as proven by the team at Truro Nissan.

(Read More…)

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