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 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

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 18, 2016

Kia USA lineup 2016: Images: KiaAmerica’s midsize sedan market is fading fast. Sales are down 12 percent this year, and the cars that operate farthest from the top of the leaderboard are the cars that are fading fastest: the Mazda 6, Volkswagen Passat, dying Chrysler 200, and the Kia Optima.

U.S. sales of the Kia Optima, the best-selling Kia in America in each of the last four years, are down 25 percent through the first ten months of 2016, a loss of more than four Optima sales for the average Kia dealer per month.

The Optima, therefore, is no longer the most popular Kia in America. (Read More…)

By on November 16, 2016

2017 Buick Cascada - Image: BuickFront-wheel-drive, soft top, four-cylinder engine, hefty curb weight— the ideal car for the Enterprise Rent-A-Car lot at Miami International Airport?

Not so.

On sale since January, the Buick Cascada has attracted 6,154 individual U.S. buyers over the last ten months.

According to Buick, General Motors has only seen three Cascadas make their way into fleet use, for a total of 6,157 Cascada sales through the end of October. (Read More…)

By on November 11, 2016

2016 Land Rover Range Rover Autobiography Luxurious Road TripLand Rover sells the company’s flagship luxury SUV with three different powertrains in the United States. In two states of tune, with 340 horsepower or 380 and at $85,945 and $92,945, there’s the 3.0-liter supercharged V6. Priced in between, the $87,945 Range Rover is a 3.0-liter diesel V6.

At the top of the heap sits the supercharged 5.0-liter V8-powered Range Rover, which stretches from $104,190 onward and upward.

You can likely guess which one is most popular. (Read More…)

By on November 11, 2016

2016 Subaru Outback 25i LimitedIs it still a cult following if only six, undeniably mainstream utility vehicles are more popular?

Honda, Toyota, Ford, Nissan, Chevrolet, Ford…

Subaru? While the U.S. auto industry dropped 6 percent in October 2016, losing nearly 90,000 sales compared with October 2015, the Subaru Outback soared to new heights.

If the Subaru Outback is the leader of a cult, as Dan Neil wrote in the Wall Street Journal earlier this fall, the cult is now big enough that we ought to call it a mainstream religion. (Read More…)

By on November 9, 2016

2016 Toyota Prius TouringIt’s an all-new version of a car that generally finds 140,000 U.S. buyers per year. But the Toyota Prius is quickly fading from the American mainstream.

There’s no doubt that hybrids, in a general sense, are struggling. Combined sales of hybrids and plug-in hybrids are down 6 percent in the United States this year, according to HybridCars.com.

But the Toyota Prius — the all-new, fourth-generation version of the sector’s progenitor —  is fading at double speed. Despite its newness and its vast objective improvements, Prius sales are down 12 percent this year.

And October was way, way, way worse than that. Much worse.  (Read More…)

By on November 9, 2016

2017 Toyota C-HR Turkey assembly plantBound for its North American production reveal at the Los Angeles Auto Show next week, production of the Toyota C-HR began today in Sakarya, Turkey.

The C-HR becomes the eighth vehicle built by Toyota in Europe and the third model built by Toyota Motor Manufacturing Turkey. The C-HR also joins a booming subcompact crossover segment that’s grown nearly 30 percent in the United States this year.

It’s a segment that now produces 3 percent of the U.S. auto industry’s volume, triple its share from just two years ago. (Read More…)

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